| First Quarter 2004 Hiring Trends |
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Thanks to all the companies that participated in this quarterly survey! This
quarterly study was conducted by faxing surveys to HR departments of
numerous companies and compiling the responses. Responses were accumulated
from forms faxed back, as well as from submissions of an online survey form
that was an optional response mechanism.
iHireAccounting is part of the iHireJobNetwork.
328 companies responded to this survey.
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What is the biggest hiring problem?- No Answer - 7.01%
- Cost of the recruitment effort - 4.57%
- Lack of qualified candidates - 46.04%
- Salary expectations of candidates - 21.65%
- Time required to fill a position - 20.73%
What is the most effective recruiting approach you use?- No Answer - 11.59%
- Newspaper - 38.11%
- Radio - 0.3%
- TV - 0%
- Recruiter/Employment Agency - 10.98%
- General Internet job boards - 8.84%
- Specialty Internet job boards - 9.45%
- Referrals from current employees - 20.73%
What level of hiring are you planning for the coming 3 months?- No Answer - 1.22%
- Laying off - 1.83%
- No change in staffing - 31.4%
- Adding 1-5 employees - 44.21%
- Adding 6-15 employees - 10.37%
- Adding 16-25 employees - 4.88%
- Adding 26-100 employees - 4.57%
- Adding more than 100 employees - 1.52%
What will be the reason for changes in staffing in the coming 3 months?- No Answer - 14.94%
- Replacement due to normal turnover - 44.51%
- Growth - 36.89%
- Replacement of retirees - 0.91%
- Reduction in forces - 2.74%
Are you directly involved in the hiring process?- No Answer - 1.52%
- Yes - 92.68%
- No - 5.79%
What is the size of the group you are involved in hiring for?- No Answer - 2.13%
- 1-5 employees - 14.94%
- 6-10 employees - 11.89%
- 11-20 employees - 13.11%
- 21-50 employees - 17.68%
- 51-100 employees - 12.5%
- 101-500 employees - 21.34%
- Over 500 employees - 6.1%
What causes your company the greatest pressure to hire?- No Answer - 13.72%
- Lost revenue opportunities - 20.12%
- Overworked staff - 22.56%
- A backlog of work - 20.43%
- Extra demands on management caused by staffing shortfalls - 22.87%
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