hiringsolved 2014 recruitment forecast
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HiringSolved Research Report: Examining the challenges and opportunities companies face in the search for top job candidates in the U.S. in 2014.
THE NEW NORMAL IN HIRING AND JOB SEARCHING
D E C E M B E R 2 0 1 3
2014 RECRUITMENT FORECAST
With 2013 nearly in our rear-view, recruiting professionals are reflecting
on the state of an ever-evolving industry and asking, “What’s next?”
While job seekers are wondering what they can do to make them-
selves more attractive and visible potential hires, recruiters are still
looking for the best way to find and contact potential candidates.
In 2013, social media emerged as one of the most powerful tools
recruiting professionals have in their arsenal when searching for
top-tier talent. Without a doubt, outlets like Twitter and Facebook are
most revealing not only of a candidate’s career accomplishment, but
also their professional potential. It’s been reported over and over that
companies are now searching a candidate’s social media profile
when considering their next hire. But our research found that Americans
have yet to harness the potential of their social media profiles,
whether they are in the market for a career move or open to hearing
about new opportunities. In fact, only 20% of possible job-seekers
would tidy up their social media profiles if they knew they were being
searched by potential employers, and on the flip side, 71% of Americans
who have active social media profiles don’t include their job informa-
tion or professional work expertise—making them less findable.
In our research, which was conducted by YouGov in November 2013,
we found that only 27% of Americans are looking for a new job in 2014,
which means recruiters and hiring managers are will be in touch
competition for top talent in 2014. Fortunately for them, though,
HS
we also found that 75% of Americans would respond to recruiting
interest. In other words, many candidates now expect to be courted and
are no longer proactively chasing new positions, making
recruitment a lucrative endeavor.
That’s right – 2014 will continue to be the year of the “passive” or “subcon-
scious” candidate. With that, the idea of the traditional resume also becomes
obsolete. With this in mind, if recruiters want to find not only the best talent,
but the right talent to fill their company’s positions, then they must look
past antiquated hiring methods, and instead turn to where potential
candidates spend 3.2 hours per day: social media.
Our data, then, points to two main conclusions. First, social recruiting has
become “table stakes” as old-guard methods of job-filling are no longer
as effective. Second, job-seekers should acknowledge their social media
presences, and then use those presences to their advantages - making
them not only more searchable, but more findable.
Really, if there’s only one takeaway from our study of the current state
of hiring, it’s this: social media is currently the strongest tool available to
recruiters and job-seekers. Recruiters and candidates alike, take note.
Foreword by Shon Burton, Founder of HiringSolved
HOW LIKELY ARE YOU TO CHANGE JOBS IN 2014?
4 0 %
3 5 %
3 0 %
2 5 %
2 0 %
1 5 %
1 0 %
5 %
0 %
I am definitely changing jobs
in 2014
I will highly likely be changing jobs
in 2014
I will likely change jobs
in 2014
I may look around spectatively at
other jobs in 2014
I don’t intend to change jobs
in 2014
HS
HS
BY GENDER:
5 0 %
4 5 %
4 0 %
3 5 %
3 0 %
2 5 %
2 0 %
1 5 %
1 0 %
5 %
0 %
M A L E
F E M A L E
I am definitely changing jobs
in 2014
I will highly likely be changing jobs
in 2014
I will likely change jobs
in 2014
I may look around spectatively at
other jobs in 2014
I don’t intend to change jobs
in 2014
HS
BY EDUCATION:
6 0 %
5 0 %
4 0 %
3 0 %
2 0 %
1 0 %
0 %
P O S T G R A D
4 - Y E A R
S O M E C O L L E G E , 2 - Y E A R
N O H I G H S C H O O L , H I G H S C H O O L G R A D U A T E
I do not have a job and I am NOT planning
on getting a job in 2014
I do not have a job but I am planning on getting a job
in 2014
I don’t intend to change jobs in
2014
I may look around
speculatively at other jobs
in 2014
I will likely change jobs
in 2014
I will highly likely be
changing jobs in 2014
I am definitely changing jobs
in 2014
IF A COMPANY YOU WERE INTERESTED IN CONTACTED YOU ABOUT A POSSIBLE POSITION, WOULD YOU...
45%
30%
7%4%
M O S T L I K E L Y T O R E S P O N D
D E F I N I T E L YR E S P O N D
P R O B A B L YN O T R E S P O N D
D E F I N I T E L Y N O T R E S P O N D
HS
BY INCOME LEVEL:
6 0 %
5 0 %
4 0 %
3 0 %
2 0 %
1 0 %
0 %
M O R E T H A N $ 8 0 , 0 0 0
$ 4 0 , 0 0 0 - $ 8 0 , 0 0 0
U N D E R $ 4 0 , 0 0 0
Definitely not respond
Probably not respond
Most likely respond
Definitely respond
HS
HOW DO YOU EXPECT TO FIND/GET YOUR NEXT JOB?
6 0 %
5 0 %
4 0 %
3 0 %
2 0 %
1 0 %
0 %
I will search job boards/advertise-
ments online
I will register with a recruiter/
headhunter and hope they find
me the right job
I would proactively go
after job opportunities on
social media
I expect headhunters to call
me off their own initiative, without
me registering with them HS
I will search jobs boards/advertise-
ments in my in-dustry magazine/
website
WHICH OF THE FOLLOWING BEST DESCRIBES YOUR EXPERIENCE THE LAST TIME YOU USED A HEADHUNTER/RECRUITMENT AGENCY?
50%
35%
15%
I W O R K E D W I T H O N ER E C R U I T E R / H E A D H U N T I N GA G E N C Y
I W O R K E D W I T H T W OR E C R U I T E R S / H E A D H U N T I N G
A G E N C I E S
I W O R K E D W I T H T H R E E O R M O R ER E C R U I T E R S / H E A D H U N T I N G
A G E N C I E S
HS
WHICH OF THE FOLLOWING BEST DESCRIBES YOUR ATTITUDE TOWARDS UPDATING YOUR RESUME?
4 0 %
3 5 %
3 0 %
2 5 %
2 0 %
1 5 %
1 0 %
5 %
0 %
I do it whenever I have a bad day
at work.
I only do it when I’m thinking of looking for a
new job.
I only do it when I’m actually looking for a
new job.
I update it once a year.
I update it at least once every couple
of years.
I never update my resume
HS
WHICH OF THE FOLLOWING BEST DESCRIBES YOUR ATTITUDE TOWARDS YOUR PERSONAL PROFILES ON SOCIAL MEDIA (E.G., LINKEDIN, TWITTER, FACEBOOK)?
4 0 %
3 5 %
3 0 %
2 5 %
2 0 %
1 5 %
1 0 %
5 %
0 %
I would tidy them up so there is nothing obviously negative on
there that could turn a possible employer off
I would update them and start posting more about relevant
topics and stories so that possible employers can see
how interested I am in the area
I wouldn’t do anything differently on my social
media profiles
Not applicable, I do not have any personal profiles on
social media
HS
DO YOU INCLUDE YOUR JOB INFORMATION OR YOUR PROFESSIONAL WORK EXPERTISE ON YOUR TWITTER OR FACEBOOK PROFILES?
4%
NO 71%
YES 29%
HS
( 4 0 9 ) 2 7 6 - 5 8 3 3S U P P O R T @ H I R I N G S O LV E D . C O M @ H I R I N G S O LV E D H I R I N G S O LV E D . C O M
Research Methodology
HiringSolved commissioned YouGov Plc to poll the views of a representative sample of 1,618 U.S. adults.
Reported results are from the 1,140 adults active in the labor market (excluding those who were retired or
permanently disabled). Fieldwork was undertaken between October 5-7, 2013. The figures have been weighted
and are representative of all U.S. adults (aged 18+). The research was carried out online.