Strengthening professional talent levels is identified as the top 2005 recruitment issue by almost 80% of employers responding to a recent survey conducted by InSearch Worldwide.
As a result, developing an effective talent sourcing strategy is the most critical recruitment initiative identified for 2005 by 70% of employers.
Current recruitment activities are spread among an array of channels with job boards representing the source for about 22% of professional level hiring in 2004. Employee referrals represented 19%, search firms (18%), internal recruiters 17%, corporate career web sites 17%, and contract recruiters (6%) of professional level recruitment sources. Employers plan to further increase sourcing via employee referrals and corporate career web sites in 2005.
Employers are also increasingly outsourcing the recruitment function to third party providers with 32% of respondents currently outsourcing part or all of their professional level recruitment activities. Outsourcing recruiting is being utilized to gain faster time to hire, consolidate recruitment activities and enhance talent levels and quality of recruitment for these organizations. Another 15% of employers are also planning to outsource part or all of their recruitment function in the near term.
InSearch Worldwide is a leading provider of strategic recruitment solutions including executive search and recruitment outsourcing. InSearch Worldwide has provided outsourced recruiting services for major clients including AXA, Discover, GE Consumer Finance, MasterCard, Merrill Lynch and Priceline. As the outsourced recruiting partner for GE Consumer Finance, InSearch Worldwide supports all professional level search activities. InSearch Worldwide was founded in 1991 and is headquartered in Stamford CT.
InSearch Worldwide conducted this national email survey of over 300 Human Resource and recruiting executives representing a broad cross section of employer size and industry in the USA.
Murdok | Breaking eBusiness News
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