Most companies consider job boards of various kinds—whether big and comprehensive or small and devoted to niches—one tool for good hiring. But they’re not the top source of new employees, according to the sixth annual Sources of Hire study, conducted in January 2007 by CareerXroads.
The consulting company found that nearly 34 percent of all open positions were filled by internal transfers and promotions. At 26 percent, referrals were the No. 1 external source of hire, and 95 percent those referrals came from employees. Hires attributed to specific job boards—such as Monster, CareerBuilder and HotJobs, as well as niche job boards—represented 12.3 percent of external hires and 8.1 percent of all positions filled.
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