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Jobvite Publishes New & Needed Source of Hire Data (#RNL17)

As I mentioned earlier this week, I'm just coming off a couple of days at Recruiter Nation Live 2017, a conference put on by the good folks at Jobvite.  Great show and good people, glad I went.

Unrelated to the show - I actually got an email on the way to #RNL17 - Jobvite recently published what they call the 2017 Recruiting Funnel Benchmark Report.  There's a lot of great data in this report, and what makes it so powerful is that Jobvite is giving us great metrics and data mining based on the collective hires that are being made via their system.  They've grown to the point where the data is more than directional accurate - it's starting to become statistically significant in a lot of ways.

Add that fact to the point that Jobvite gets TA and recruiting departments - and has 3 data geeks on staff - and it stands to reason that they generate some cool stuff.

One of many things in the report mentioned above is Source of Hire data.  Gerry Crispin of CareerXroads used to publish a SOH report that was exceptional, but stopped because the data was too hard to collect.  Jobvite picks up that empty space with what they've done in the2017 Recruiting Funnel Benchmark Report.  Here's an example of the data that's included (email subscribers click through for the graph):

Jobvite source of hire 2017png

I'm no data scientist, but that's somewhere in the range of 170K hires that are represented in the report, so it's a good snapshot at the way things are going related to Source of Hire.   Compare it to the great work that Gerry Crispin did and evaluate the trends (picture below):

GerrySOH

Different data cuts, so a bit apples to oranges, but still plenty to compare and contrast.  

Download the 2017 Recruiting Funnel Benchmark Report by clicking this link.

Thanks Jobvite for taking a shot at meaningful macro-level Source of Hire data!

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