The definition of redundancy, as is relevant to your particular case, is a reduced...read more
Just less than one in five jobs are filled by word of mouth, according to a new study.
The survey of over 200 HR directors by recruitment consultancy Robert Half found that whilst nearly two in five companies plan to increase recruitment in the second half of 2015, over three quarters of companies hire just under a fifth of management-level and staff-level jobs through referrals, whether from employee recommendations or personal networks.
HR managers in the Midlands, London and the South-East were less likely than average to appoint management-level candidates through referral, with HR directors stating that around one in 10 roles are filled by word of mouth.
When it comes to staff-level jobs, 21% of jobs in the North are filled by word of mouth, compared to 19% in London, the South East and Scotland, 15% in the South West and Wales and 10% in the Midlands.
Another report on jobs out today shows that there was a slowdown in the availability of City jobs and a fall in the number of professionals seeking to move roles. The monthly Morgan McKinley London Employment Monitor shows a 20% drop in job availability and a 14% fall in the number of professionals seeking to move jobs. This was before the announcement of huge job losses in HSBC.
The report also shows the average salary increase for those securing new jobs in May 2015 was 18%, compared to 19% in April 2015.