Sources of Talent in Australia

Back in April I had one of my many wild ideas, undertake a sources of hire survey for Australia, I mean how hard can it be?

The idea was triggered by a post from Phillip Tusing from Destination Talent so after chatting over a few days we decided to join forces and get a survey done.

The decision to do something was easier than the process.

We site up a site and grabbed a domain name, http://talentsource.com.au/, it took about 6 weeks to draw up the survey and lock in some sponsors. We ran the survey for about 5 weeks, receiving 409 completed responses. Then we started the report portion, I had thought would be easy but how wrong was I. It has taken about 6 or 7 weeks to get the report done, and I have to say without the tremendous work by Phillip it would have taken a lot longer. In fact I want to publically thank Phillip for his work in pulling the report together.

As mentioned 409 organisations of varying sizes, industry backgrounds and regional locations completed the survey. A total of 92,136 hires were recorded using seventeen identifiable sources of talent for the period July 2008 through to June 2009.

The key findings of the report include:

  1. Source of talent varies across Australia with seventeen identifiable source of talent.
  2. Job boards, in their various iterations, take a leadership role being the predominant source of talent in Australia with 29.64% of hires attributed to them.
  3. Perceptions of the most effective sources of talent by recruiters differ from the reality of where talent is sourced.
  4. Different industries use significantly different sources to find talent within Australia.
  5. The different regions of Australia also seem to source talent differently, for example in the ACT 49.70% of talent is found through internal recruiters.
  6. Referrals as sources are not as developed as expected being only the fourth most successful source at 7.57% of hires.
  7. Print media while having a reputation of an archaic channel still exists as the seventh most successful source of hires.
  8. Employers and agency recruiters differ in how they source talent with agency recruiters relying heavily on job boards.
  9. Social media is in its infancy ranking last as a source talent in Australia, with usage higher in smaller organisations.
  10. Data collection is poor with over 7% of organizations have no reliable method of tracking their source of talent.

We are also indebted to Gerry Crispin for providing a comparison to US figures and Dr Ian Williamson for his insights into retention and alumni programs.

There is a lot more in the report so go download it and have a read, we hope that the report stimulates further discussions within the HR and Recruitment industries.

Do you know the Australian Sources of Talent?

Over the last couple of months I have been working with Phillip Tusing from Destination Talent to look at the most successful channels for finding talent in Australia. Our initial thought was how hard could it be to pull a survey together and send it to a few people. We were a little mistaken, but finally the survey is ready.

I am very happy to announce the launch of Australia’s first Source of Talent Survey!

If you’d like to contribute to this, as well as receive a free advance copy of the report, click here to begin our short online survey (it takes less than eight minutes to complete). You’ll also go into a draw to win a Nintendo Wii or one of five book vouchers.

While there are international results on sources of hire by Gerry Crispin we are very interested to see the results from Australian organisations. For example, do Australian organisations collect this information, if so what systems do they use, and are they experimenting with social media as a source of talent.

This is a joint project between myself (Inspecht) and Phillip Tusing from Destination Talent, with support from our sponsorship partners: JobAdder, JobGenie, PageUp People and PeoplePulse.

To find about the survey and the report visit our microsite http://talentsource.com.au for more information.

Sponsors


JobSeekr are you one?

Over the last few months one of the side projects I have been working on is JobSeekr.  The idea come about while working with Jeremy Samuel and Riges Younan on their products 2Vouch and JobGenie. While 2Vouch and JobGenie are focused on finding the best people for a role we recognised that there was not a good place for job seekers to go to learn about how to find a job. (Other than of course the multitude of job board.)

So we built JobSeekr.

The vision for JobSeekr is a little different.

The idea is that trying to find a job can be a very lonely and testing time, every job seeker needs help. JobSeekr will allow people to come together share tips and hints on how to find a job along with some specialised services. We have engaged the support of some of Australia’s top recruiters, personal branding consultants and commentators who will all be contributing content to the site.  The first two have been Ross Clennett and Dan Nuroo, with a series from Annemarie Cross coming up soon.

Right now the site contains content to help job seekers find a job, however as JobSeekr has been built on WordPress Multiuser with Buddypress it is a complete multiuser blogging platform and social network. We have the ability to provide job seekers their own blogs, arrange their own events, groups and hang out in the discussion forum.

There is lots more to do on the site (yes it is beta) but we have opened it to the public as we felt there is enough content there today to start adding value to job seekers.