The results continue a trend that I've been following for years: Social is a major part of any organization's hiring efforts. In 2008, 78% of recruiters were using social media. In 2011, it was 89%. This year, it's 94%. Even more telling, 73% of respondents planned to increase their social recruiting spend in 2013 - compared to the 39% who planned to increase their spend on job boards.
LinkedIn was the most popular social network in many categories, from searching for candidates (96% of companies), contacting candidates (94%), and posting jobs (91%). Only about half of respondents posted jobs on Facebook, and a little less than that posted jobs on Twitter.
Just what you'd expect, right? But there's more to these numbers than meets the eye.
|Jobvite 2013 Social Recruiting Survey, page 12|
Another interesting discovery is that recruiters use LinkedIn differently from other social networks. LinkedIn was good for assessing a candidate's professional experience and "specific hard skills." But Facebook, Twitter, Google Plus, and others were better at determining a candidate's cultural fit. Which is more important? How would Southwest Airlines respond, whose co-founder Herb Kelleher coined the phrase, "Hire for attitude, train for skill"?
What I found most revealing were the questions that related to the financial value of social recruiting. 43% of companies spend less than $12,000 a year on social recruiting. But 65% believe that its value is greater than $20,000 a year. And 20% place its value at more than $90,000 a year!
|Jobvite 2013 Social Recruiting Survey, page 10|
I understand the budgetary restraints placed on HR departments, but these numbers show that even a small investment can generate tremendous savings, especially combined with higher quality of candidates (according to 49% of recruiters) and less time to hire (33%) that social recruiting produces.
Are you one of the 6% of companies not yet using social in your talent acquisition strategy? Or one of the 73% that plans to increase their social recruiting budget? Brandemix can help. Download our free Social Media Strategy Guide for Talent Acquisition. If you're ready for the next step, you can contact me directly.