Survey Reveals Effects of Economy on the Recruiting and Staffing Industry
ST. LOUIS, Aug. 6, 2009 Sendouts, a provider of web-based recruiting software, has released the results of its 2009 Recruiter Economic Survey which demonstrates how the economic downturn is negatively impacting the recruiting and staffing industry.
The survey was completed by 172 participants. 59 respondents identified themselves as third-party recruiters and 67 were third-party owners/managers, making up the majority of survey participants. Additionally, 70% of respondents indicated that they mainly focused on direct hire contingent recruiting.
Survey participants were asked questions that compared their current numbers to what they were before the recent economic downturn. The data revealed several significant and surprising findings.
Before the economic downturn, only 6% of respondents reported handling between 1 and 3 job orders a time. Since the downturn, this number has climbed to 44%. Those handling larger volumes of job orders were affected too. Previously, 24% of respondents were handling 10 or more job postings simultaneously. Today, only 5% fall into that category.
Additionally, the average number of recruiting professionals who made only one placement each month jumped from 24% to 53%. Other data points shed light on areas where recruiters are implementing cost saving measures, as well as which marketing channels are proving most effective for job placement (social media, search, networking, word-of-mouth, job boards, etc.).
The survey was put together to pinpoint the trends we have been seeing in the recruiting world, said Jonathan Herrick, VP of Sales and Marketing at Sendouts. We wanted to identify the pains facing recruiters and provide solutions to overcome the economic obstacles. I think an important takeaway is that, regardless of economic conditions, businesses should constantly evaluate their internal processes and make changes to stay efficient.
Sendouts is a leading provider of web-based recruiting software and applicant tracking systems for recruiting and staffing firms. The solutions provided by Sendouts can be tailored for the needs of any firm, whether they specialize in contingent, retained, direct hire, or contract services. Sendouts combines recruiting, sales, marketing and sourcing functions into one application to simplify the recruiting process and increase productivity.
Visit http://www.sendouts.com for more information about Sendouts Pro Recruiting Software, or visit http://www.sendouts.com/lpsurvey.aspx to view all of the results from the 2009 Recruiter Economic Survey.
- Contact Information
- Travis Arnold
- Business Development Manager
- Contact via E-mail
This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.