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Market Insights

Discover the Power of Internal Mobility Job Board

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Let's take a look at some eye-opening data:

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% of Internal Hires

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Internal Mobility is in High Demand

  • Internal mobility rate globally between April to August 2020 was 19.6%.

  • Internal hires made up 20% of all hires from April 2020 to August 2020, indicating organizations are increasingly looking to fill vacancies through internal mobility.

Job Boards are a Key Player

  • 41% of employees found their jobs on online job boards.

  • Nearly 80% of companies use social media in their recruitment process, but only 68% of recruiters found success on LinkedIn.

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% of jobs found on online job boards

Employee Tenures

Low Internal

Mobility

+41%

High Internal

Mobility

Empower Your Employees

  • Employees apply for jobs not just because they want a new job, but also to learn about potential opportunities.

  • Employees stay 41% longer at companies with high internal hiring rates.

Feedback is Key

  • Rejected internal candidates are almost x2 as likely to leave their organizations compared to those who were either hired for an internal job or had not applied for a new job at all.

x2

Likely to leave

46%

Lack Opportunity

Provide Opportunities for Growth

  • 46% of employees cite a lack of opportunity to learn new skills as the top culprit of workplace boredom.

  • The half-life of specific technical skills is now approximately 2.5 years.

  • Opportunities to learn and grow is one of the top three factors in retaining millennials.

So, how can an Internal Mobility Job Board help?

  • Connect employees with internal opportunities, reducing the risk of losing them to external competition.

  • Increase visibility of internal mobility opportunities and provide a platform for feedback and support.

  • Empower employees with the tools they need to grow and succeed within the organization.

Ready to learn more? Contact us for a personalized demonstration of how our Internal Mobility Job Board can benefit your organization.

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