2017 Global Staffing Trends
Growing business, competition for top talent & doing more with less, some of the issues that preoccupy the minds of staffing & recruiting leaders around the world. This is just one of the findings from LinkedIn’s recently released 2017 Global Staffing Trends report. Other highlights from the survey – which included over 2,000 manager-level and above, search and staffing recruitment professionals from 35 countries – include:
- The good news is that 68% of staffing firms expect their firms to grow compared to 2016, and say they plan to hire more recruiters (56%), sourcers (32%), branding specialists (28%), and coordinators (17%). Additionally, 79% expect to see an increase in the volume of candidates placed in 2017.
- Most firms place candidates in less than 2 months. 39% report it takes them less than 1 month, 44% say it takes them 1-2 months, and 14% report taking 3-4 months to place candidates.
- Some of the top challenges leaders say their teams are faced with include: competition for talent (58%); business development (38%); limited budget (30%); small recruiting team (25%); and poor communication with hiring managers (20%):
- Staffing budgets:
- 53% expect their budgets to increase in 2017.
- Half of these budgets go to traditional sources (such as job boards/advertising and recruiting tools), but if given unlimited funds staffing firms would prioritize business development (49%), branding (34%), and investing in better sourcing tools (34%).
- Building your brand:
- 82% of staffing leaders agree that investing in their brand generates new business, yet only 10% of their budget goes to this.
- Firms measure their brand by: traffic to our career website (45%); response to emails/InMails (43%); social media engagement (35%); number of social media followers (27%); and survey data on potential candidates’ perceptions (21%).
- Staffing leaders believe that the top trends that will shape the recruiting industry in the next few years are as follows: using social and professional networks to generate new business (55%); recruiting more diverse candidates (30%), innovative interviewing tools (29%); candidate relationship management tools (29%); and using big data (28%)