Benefits April 21, 2010

Networking Still Helps Some on Job Hunt

April 21, 2010 (PLANSPONSOR.com) – Some 46% of workers over 50 years old participating in a recent study said networking continues to be important for those job seekers in that age bracket.
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A news release from the IMPACT Group, a career management firm, said that was one result of its latest Candidate Tracking Statistics, which polled more than 700 of the firm’s job candidates who got a job between July 2009 and January 2010. 

According to the announcement, the study found that:

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  • Referrals from within an organization (18%) and outside the organization (9%) are the most successful ways to land a job opportunity.
  • Posting an online resume gives a candidate a scant 8% chance of success.
  • Social networks (e.g. LinkedIn, Twitter, Facebook, etc.) can be important in identifying referral opportunities.
  • For those earning more $100K, networking is the most successful strategy, with 50% of candidates identifying the opportunity in this way.
  • There has been a downward trend in the overall effectiveness of recruiters since 2005.
  • Men are more likely to learn about opportunities through networking, while women are more successful with published openings.

More information is here.  

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