Indianapolis—The Internet is the primary source of hiring for U.S. companies, according to a study by consulting firm Booz Allen Hamilton, conducted for the DirectEmployers Association.
The study found that Internet sources produced 51% of all hires in 2005.
The largest percentage of new hires came from corporate Web sites (21%), followed by general job boards (15%), niche job boards (6%), social networking sites (5%) and commercial resume databases (4%), according to the study.
The study also found that in 2006, 74% of U.S. companies will increase their spending on corporate employment Web sites, 68% will increase spending on employee referrals and 60% will boost spending on social networking technology.
A copy of the report is available at www.jobcentral.com.