Abstract
This IDC study describes the results of a survey on talent sourcing and
acquisition administered to the attendees at PeopleClick's first annual global
client conference held in November 2005, in Amelia Island, Florida. A total of
70 of the 150 event attendees responded to the survey, which covered topics
such as talent sourcing, candidate shortages, and hiring metrics. Highlights
from the survey include:
- The number 1 source for hiring was reported to be firms' own corporate career sites. Following closely behind corporate job sites were jobs boards and recruiter outreach. With a majority of hiring coming from the Internet, it would appear that most sourcing is still focused on active candidates rather than the more elusive passive candidate pool.
- A resounding majority of participants reported noticeable candidate shortages in 2005. A large percentage of respondents reported that, on average, the IT function was the area for which they are seeing the greatest shortage of candidates. This was followed by finance positions as the next most critical shortage.
- With all the various Web-based tools available to recruiters, IDC was interested to learn how extensively social networking tools are being used, and how effective recruiters are finding them for locating job candidates. A majority of respondents indicated that they have used social networking tools to locate candidates, and an overwhelmingly large majority of those indicate that the tools have been effective for sourcing.
"Candidate sourcing is becoming key to gaining and retaining a competitive edge
in the United States, with lower unemployment and baby boomers beginning to
exit the workforce," said Lisa Rowan, program manager, HR and Talent Management
Services. "Enterprises will need to explore all of the options, including
seeking outside assistance to effectively meet the need for workers in the
coming years."
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