EVALUATING YOUR RECRUITMENT PROCESS

How do you determine whether or not hiring a search firm is the right move for your company?

The following survey results provided information on client satisfaction (source: The Fordyce Letter, dated 2/2000, www.fordyceletter.com).  A total of 600 fee paying firms were interviewed, with 200 each falling into the following categories:

Small...............25-249 employees
Medium..........250-499 employees
Large............500 or more employees

In your overall hiring strategy, how do you rank your satisfaction from 1 (low) to 5 (high) in the following methods?

Method

Small Firms

Medium Firms

Large Firms

Contingency Recruiters
Retained Recruiters
Advertising
Employee Referrals
In-house Files
Walk-ins
Internet

4
4
3
3
3
2
1

5
4
3
2
2
1
2

4
4
2
1
2
1
3

How would you rate candidates from third party recruiters compared to those from other hiring sources?

Better than average.........................94%
About the same.................................4%
Below the average.............................2%

Have you engaged a retained recruiter within the past 12 months?

Small Firms

Medium Firms

Large Firms

Yes
No
Don't know

1.3%
91.4%
7.3%

6.5%
77.2%
16.3%

58.9%
22.6%
18.5%

Have you authorized a partial retainer, engagement fee or any other up-front compensation to a contingency recruiter during the last 12 months?

Small Firms

Medium Firms

Large Firms

Yes
No
Don't Know

9.4%
80.5%
10.1%

10.8%
62.5%
26.7%

44.5%
44.5%
11.0%

Do you ever give sign-on bonuses to secure a candidate you want to hire?

Small Firms

Medium Firms

Large Firms

Yes
No
Don't Know

3.3%
88.5%
8.2%

18.5%
56.8%
24.7%

50.2%
46.7%
3.1%

Is the Internet a regular part of your formal recruitment program?

Small Firms Medium Firms Large Firms
Yes
No
15.5%
84.5%
64.5%
35.5%
95.0%
5.0%

 




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Last Updated: 01/12/06
WebMaster: MTAE