RecruitingStrategic Human Resource Issues for

the Fast Growing Company

Venture Association of NJ

July 18, 2000Prepared by:

Diana Krajewski

TECHNOFORCE LLCwww.technoforce.com

973-328-1047

diana@technoforce.com

The Bottom Line

• Average Cost Per Hire for Exempt Employees

• $10,057• Average Rising 5%

per year

Source: Employment Management Association2000 Cost Per Hire and Staffing Metrics Survey

Sources of Hire

• Internet 27.4%

• Employee Referral 21.7%

• Print Advertising 12.2%

• Agencies 6.8%

• Executive Search 1.6%

Source: Employment Management Association2000 Cost Per Hire and Staffing Metrics Survey

Recruiting Strategy Checklist

• Align with overall Human Resource strategy

• Budget and Top Level Support

• In-house or Outsource

• Continuous Improvement

• Align with Retention Strategy

Where To Find Talent

• Internet• Print media• Professional

Organizations• Networking

• Internships• College Recruiting• Employee Referral

Programs• Search Firms

THINK OUT OF THE BOX!THINK OUT OF THE BOX!

In Summary

• Apply effective recruiting techniques

• Budget

• Top level support