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Study Reveals
Internet is Now Main Source for Hiring in the U.S.
NEW
YORK CITY (M2 Communications) February 13, 2006 The Internet is now the
main source of hiring for employers, according to an industry study
conducted for DirectEmployers Association, a non-profit consortium of more
than 200 US employers.
The study, conducted by Booz Allen Hamilton, a strategic management and
technology consulting company, looked into the hiring practices of US
companies. It revealed that Internet sources generated 51% of all hires in
2005, with the corporate websites of the employers found to be the largest
source of hires, and classified adverts in newspapers accounting for just 5%
of the new hires.
Within the Internet sourced hires, corporate employment web sites accounted
for 21%, general job boards 15%, niche job boards 6%, social network web
sites 5% and commercial resume databases 4%. Employers said that the best
quality candidates and highest return on their investment came from their
own corporate web sites and from employee referrals.
Employers also revealed that employment related spending will be increased
in the areas of corporate employment web sites (74%), employee referrals
(68%) and social networking technology (60%). Booz Allen Hamilton said the
study demonstrates the way in which the Internet has changed the methods
used in the US to attract and hire employees.
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