Top Sources of Hire [Infographic + Report]
By Ryan Rivera
SilkRoad’s Top Sources of Hire: The Definitive Report on the Most Effective Recruiting Sources has arrived, naming the top sources for interviews and hires. This annual report mined SilkRoad’s vast employee recruiting database to reveal the most successful sources for generating candidate interviews and hires. While online sources, led by Indeed.com, provide increasingly high volumes of applications, employee referrals continue to result in the highest source of hire. Some other top results include:
- Internal sources deliver the most hires: Employee referrals continue to produce the most hires overall (59 percent), up from 58 percent in 2012.
- Internal and External sources evenly split (50-50) as sources of interviews: In 2013, External sources accounted for 50 percent of interviews, 6 percent less than in 2012.
- Online sources are crucial: Online sources (both internal and external) generated the highest number of applicant’s year over year, the source of 58% of all interviews. The top online sources are Indeed.com and company websites.
- Job site performance: Indeed.com (39 percent) was the top job board, producing 26 percent more applicants than the runner-up, CareerBuilder (13 percent), as well as 32 percent of hires (14 percent higher than the next two runners up combined).