September 19, 2005 Aurora, ON.  HR.com, (crm.hr.com) the largest research and Web destination for HR Executives, recently published a research paper entitled "Most Common Candidate Sources: A Survey and its Results." Ranking a number of sources based on variables such as frequency of use, cost, rate of return, quality of hire and overall effectiveness, 738 HR Executives contributed to this survey.   

Written by Michael Moretti, HR.com´s senior staffing analyst, the paper shows that 85% of respondents cite employee referrals as providers of the highest quality of hire, with the least investment followed closely by personal or professional networks. Although firms indicated that newspaper advertising delivered a lower than acceptable rate on quality of hire, HR Executives rate newspapers as the most media used to attract talent to their organization. Search consultants also rated poorly for quality of candidates as well as campus recruiting.

The white paper states: "With all of the talk about quality of hire there seems to be a disconnect between the quality of hire and the frequency in use of the most effective sources for quality. The old adage of faster, better and cheaper seems to rule the decision-making process when it comes to choosing from the variety of sources." This is particularly concerning in regards to hiring practices of HR Executives. This research clearly indicates that firms are currently not measuring quality of hire versus source and cost of hire.

To read the entire paper, download the PDF version at crm.hr.com/whitepaper/sourcingsurvey. In order to access the paper, you must be a member of HR.com. If you are not currently a premier member of HR.com, you may apply to become a guest member and have complimentary access to the research paper until September 27.

About HR.com Limited
Established in 1999, HR.com Limited is in business to help build great companies by connecting them to the knowledge and resources they need to effectively manage the people side of business. As the global authority, we deliver HR Best Practices to help organizations build great companies through community, collaboration, research, shared best practices, and measurements. HR.com is funded by the leading venture capital firm Ventures West and private investors.

Contact:  
Debbie McGrath, President
HR.com Limited
dmcgrath@hr.com
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