United States Recruiting Trends 2012 | English
- 2. Methodology All respondents:
work in a corporate HR/recruiting setting
Surveyed 755 recruiting represent an even mix of small, midsize
and large enterprises
professionals in the US with have at least some budget authority
a LinkedIn profile. focus solely or significantly on recruitment
May - July 2012
Nordics: 113
Netherlands: 226
UK: 334
Canada: 299
Germany: 97
Spain: 100 France: 224
USA: 755
Italy: 99
Australia: 280
Brazil: 226 India: 255
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- 3. 6 notable US trends - summary
1. Hiring surprisingly healthy
2. The (competitive) heat is on
3. Passive talent and pipelining remain essential
4. Quality of hire the name of the game
5. Employer branding the hot topic
6. Data-driven decision making is Achilles heel
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- 5. Among those who are hiring, over 50 percent seeing
volume increase in 2012
100% 100%
80%
Hiring more 80% 38%
52% 52% 50%
60% 60%
Hiring same
34%
40% 40%
38% 33% 35%
20% Hiring less 20%
28%
10% 15% 15%
0% 0%
2011 2012 2011 2012
“Considering only full and part-time professional employees, how do you
expect the hiring volume across your organization to change this year?”
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- 6. Budget growth not keeping pace with hiring growth
100% 100%
37% 37% 30%
80%
Increase 80% 41%
60% 60%
Same 43%
40% 45% 40%
53% 45%
20% Decrease 20%
27%
18% 14%
10%
0% 0%
2011 2012 2011 2012
“How has your organization's budget for recruiting solutions changed from last year?”
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- 8. Top US obstacles to attracting top talent reflect highly
competitive landscape
Biggest obstacles to attracting top talent
Compensation 1 46% 2 39%
Competition 2 38% 1 41%
Lack of awareness or interest in our employer brand 3 23% 3 25%
Location 4 22% 4 25%
Recruiting team too small 5 19% 5 15%
Recruiting team doesn't have the right tools/systems 6 15% 6 13%
Lack of awareness that we're hiring 7 14% 7 12%
Inability to effectively use data to improve our approach 8 9% 8 9%
Quality of talent currently at our company 9 6% 9 7%
Recruiting team skills 10 6% 11 4%
Company performance 11 5% 10 6%
Other 10% 11%
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- 9. Chief competitive threats
Recruiting leaders in the US are most concerned their
competitors will…
Invest in employer brand
Build and nurture strong talent pools or pipelines
Learn to use social networking and social media more
effectively
- 10. Similarities between competitive threats and top long-
term trends; passive candidate recruiting leads
Top long-lasting trends
Finding better ways to source passive candidates 1 40%
Utilizing social and professional networks 2 39%
Upgrading employer branding 3 25%
Boosting referral programs 4 25%
Training recruiters and hiring managers 5 25%
Optimizing your career site 6 20%
Reducing dependence on job boards 7 16%
Measuring quality of hire more consistently 8 16%
Reducing spend on staffing firms 9 14%
Using mobile for recruiting 10 12%
Recruiting globally 11 11%
Video interviewing 12 10%
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- 13. Most believe in the importance of passive talent and
the practice of pipelining talent
Passive talent Pipelining talent
Passive talent a focus Engaged in pipelining talent
Passive talent not a focus Not engaged in pipelining talent
21%
38%
62%
79%
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- 15. Quality of hire is the single most important metric for
corporate recruiters; cost per hire surprisingly low on list
Single most important recruiting metric
Quality of hire 1 45% 45%
Hiring manager satisfaction 2 24% 22%
Time to fill 3 23% 21%
Cost per hire 4 6% 8%
Other 5 3% 3%
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- 16. Fastest-rising source of quality hires: internal hires;
Fastest falling: legacy job boards
Biggest YoY
Best sources for key quality hires changes
Employee referral programs 1 46% -5%
Company career website 2 38% +3%
Internet job boards 3 35% -6%
Social professional networks (e.g. LinkedIn) 4 31% +2%
Internal hires 5 31% +4%
Recruitment agencies 6 19%
Internet resume databases 7 18%
College recruiting programs 8 12%
Your ATS/internal candidate database 9 10% -3%
Print newspapers/trade journals 10 4%
General career fairs 11 4%
Your CRM system 12 3%
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- 18. Employer brand seen as critical in hiring great talent
82% 83%
Agree that employer brand has
significant impact on ability
to hire great talent
68% 69%
Agree that employer brand is
a top priority for their
organization
18
- 19. Despite the climate of ‘more with less’, companies
investing in employer branding
Increasing (56%) or
94% maintaining (38%) their
investment in employer
brand in 2012
91%
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- 21. Despite its importance, measurement of employer
brand inconsistent, and US lags behind other markets
Regularly measure the health
29% of employer brand in a
quantifiable way 33%
Regularly survey candidates
21% to understand employer brand
position 32%
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- 22. In general, talent acquisition must become more data-
driven in order to lead the business
Believe their organization
25% utilizes data well to make
hiring decisions 26%
Believe they are average,
75% or poor at using data to
make hiring decisions 74%
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- 23. 6 notable US trends - summary
1. Hiring surprisingly healthy. Despite macro trends, US hiring is relatively strong. Over 50
percent say hiring volume up from 2011; another one-third hiring at same rate. However,
‘more with less’ trend continues as hiring volume growth outpaces budget growth.
2. The (competitive) heat is on. Compensation and competition are cited as biggest
obstacles to hiring top talent; respondents are most worried their competitors will invest in
employer branding, pipelining talent and using social platforms more effectively.
3. Passive talent and pipelining remain popular. 62 percent say passive talent is a focus,
and almost 80 percent do some form of talent pipelining.
4. Quality of hire the name of the game. 45 percent cite quality of hire as most critical metric;
career sites, professional networks and internal hires are rising as quality sources.
5. Employer branding the hot topic. 82 percent agree employer brand has a significant
impact on ability to hire great talent; over two-thirds say it’s an organizational priority. And 94
percent are either increasing or maintaining employer brand investment.
6. Data-driven decision making is Achilles heel. Despite the importance of employer
branding, less than 30 percent regularly measure, and only 21 percent survey candidates.
Only one-quarter say they use data well to make hiring decisions.
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- 24. Additional resources
On how to recruit
http://talent.linkedin.com/passivetalent
passive talent
On how to dial up your
recruiting impact on http://talent.linkedin.com
LinkedIn
On best practices in
COMING SOON
employer branding
Read our blog http://lnkd.in/talent-blog
See more research http://lnkd.in/hireonlinkedin
Follow us @hireonlinkedin
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- 25. Sampling and methodology
Survey fielding occurred between late May and late July 2012
N=755 talent acquisition professionals located in the United States, who
– work in a corporate HR/Talent Acquisition department
– have at least some authority in determine their company’s recruitment solutions budget
– focus exclusively on recruiting, manage a recruiting team, or are HR generalists who spend
more than 25 percent of their time recruiting
Comparisons to 2011 data are taken from 2011 Global Hiring Trends research, which
fielded between late April and early June, 2011
– n=790 talent acquisition professionals with identical sampling criteria and methodology to 2012
Global numbers are reported as un-weighted
averages of corporate recruiter responses from the
following countries:
– Australia, Brazil, Canada, France, Germany, India,
Italy, Netherlands, Nordics (Norway, Sweden,
Denmark, Finland), Spain, UK, & US
Participants are members of LinkedIn who have
opted to participate in research studies. They were
selected based on information in their LinkedIn profile
and were contacted via email.