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Industry News

 

TalentDrive Economic Recovery Survey Reveals Human Resources' Top Future Hiring Needs

Thursday July 2, 2009

 

TalentDrive — the creator of the advanced SaaS sourcing technology, TalentFilterSM — today released the results from the recent “What Steps Are You Taking to Leverage this Recession” April through June 2009 survey. The economic recovery survey found that 50 percent of HR professionals surveyed are actively preparing for the return of hiring and “the other side” of the recession.

When asked what positions HR will be struggling the hardest to fill, 60 percent claimed information technology, or IT, talent is anticipated to be the most in demand, followed by sales and operations, both at 30 percent. Although 50 percent claim to be proactively preparing for the hiring return, TalentDrive asked how confident they are in their department’s readiness to handle the influx of open positions and hiring needs. Fifty percent of the respondents said “yes,” they are prepared for future hiring needs, while the other 50 percent said “maybe.”

The survey went on to ask in what areas HR plans to spend the largest portion of its budget once the recession turns. One hundred percent of those surveyed said they would invest in implementing new marketing tactics to help recruit new talent, while 50 percent said they would be investing directly in re-hiring full-time employees.

More than 8,000 Fortune 1000 companies and HR professionals were surveyed between April and June 2009.

In summary, the survey revealed these key points:

• 50 percent of HR professionals are proactively preparing for employment recovery.

• 60 percent anticipate IT talent to be the most in demand.

• 50 percent of HR departments feel confident they are adequately prepared for the influx of hiring; 50 percent said “maybe.”

• 100 percent of HR departments plan to invest in implementing new marketing tactics to recruit, while 50 percent plan to invest directly in re-hiring full-time employees.

“I was pleased to find the majority of HR professionals surveyed proactively preparing for the return of hiring,” said Sean Bisceglia, CEO TalentDrive. “Although no one can predict without a doubt when the hiring spike will occur, I feel strongly that HR departments need to make use of this recession by pipelining candidates and planning budget allocation according to business initiatives beforehand. With 100 percent of those surveyed investing in new marketing tactics, not only is there increased B2B spending on the horizon, but TalentDrive is pleased to offer a technology that provides a creative new solution to proactively target candidates via online recruitment marketing.”

For more info: http://www.talentdrive.com/news/read/92