Bullhorn Research Reveals How Staffing and Recruiting Firms Transform from Good to Great

Requires a Strategic Use of Social Networking, Job Boards, and Compensation Best Practices; Report Provides Updated Compensation Data

Boston 5/20/2008 03:08 PM GMT (TransWorldNews)

Bullhorn, the global leader in On Demand, front office staffing and recruiting software, today released their latest research report, “Transform Your Recruiting Practice from Good to Great.” Information gathered from over 600 survey respondents highlights best practices in using candidate sourcing tools and compensation that divide the staffing and recruiting industry’s top performers from the laggards. Some of the key best practices revealed in this report include how to become embedded in social networks to source candidates, and using Pay for Performance, with an emphasis on the top performers, as the best way to drive company revenue and profitability. The full report, “Transform Your Recruiting Practice from Good to Great,” which includes the latest on industry compensation, is available for a free download here. A brief registration to the Bullhorn Community is required.

The survey, “Bullhorn Staffing and Recruiting Compensation and Passive Candidate Sourcing Survey,” was sent via email to over 36,000 staffing and recruiting professionals, including retained, permanent placement and contract search. Almost half of all respondents (48.6 percent) hold significant positions in their firms, such as C-level, president, executive vice president or senior vice president.

Some other key best practices of the top performing firms revealed in this report include:

When top recruiters are looking for new candidates, they are 2 to 1 more likely than their less successful recruiters to go to ZoomInfo.
Top recruiters are taking advantage of connections they’ve built on social networking sites and turning them into bottom-line gains for their firm. Of recruiters at firms that experienced revenue growth of more than 10 percent, 75.3 percent used LinkedIn at least once a day.
Establish yourself as an expert in the space in which you wish to recruit. Build connections by participating in Q&A, commenting on relevant blogs in the space, and joining industry forums.
Top performing firms are concentrating their compensation on their top performers, while less successful firms are overcompensating average employees by about 15 percent.

The full report, “Transform Your Recruiting Practice from Good to Great” is available for free download here. A brief registration to the Bullhorn Community is required. Community members will have access to many other Bullhorn research reports from a variety of sources that focus on news, education and industry trends related to the staffing and recruiting industry.

Bullhorn is the staffing and recruiting industry’s only On Demand, integrated front office solution. Comprising email, calendaring, candidate sourcing, an applicant tracking solution, customer relationship management and job management, Bullhorn enables users to communicate and collaborate with contacts, candidates, colleagues and clients in real-time to generate, source and fill job orders, or make placements, at anytime and from anyplace. Bullhorn’s users include staffing and recruiting firms of all sizes, from a wide range of industries – including information technology, professional services, office/clerical and healthcare. The Bullhorn Blogger is the company’s online community where customers, partners, Bullhorn professionals and prospective customers share ideas and best practices to advance the productivity of the staffing and recruiting industry through the innovative use of Bullhorn’s On Demand, integrated front office staffing and recruiting software.

About Bullhorn, Inc.
Bullhorn is the global leader in On Demand, front office staffing and recruiting software, providing the only completely integrated front office solution for staffing and recruiting firms. Bullhorn enables its customers to synchronize sales and recruiting to generate, source and fill job orders in real-time, at anytime and from anyplace, at the highest rates in the industry. Delivered through software as a service, Bullhorn continually meets the evolving business needs of its customers. More than 1,000 firms and 13,000 users worldwide, including some of the largest global staffing firms, partner with Bullhorn to meet the employment demands of the global economy. For more information, visit www.bullhorn.com or call +1(888)GoLive8.

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Media inquiries please contact:
Alison Kenney, Bullhorn
(781) 842-0801
akenney@bullhorn.com

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