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Festive friends and family time could be the key to finding a new job in 2013

Festive friends and family time could be the key to finding a new job in 2013
Job Bounties tracks down UK attitudes towards recruitment, ahead of the New Year job rush

New research suggests that job seekers should put aside traditional festive squabbles with loved ones this Christmas and New Year, because friends and family are the most important people when it comes to securing a new job.

While many things about the workplace may have changed unrecognisably in the last few decades, it seems that what hasn’t is the age-old saying: “it’s not what you know, it’s who you know”.  According to the national omnibus survey on behalf of Job Bounties, 41% of Brits have found recent jobs through their personal networks, which is far higher than the number of people who have found recent roles through job advertisements posted on traditional jobs boards (34%) and approaches from professional recruiters (at only 8%).

On average, more than two in five Brits will look for a new job in January, and the way we are finding job vacancies is changing. James Uffindell, CEO and Founder of Job Bounties, believes that the increasing use of social media when job hunting is facilitating the rising trend in job referrals amongst personal networks. 

Over 1,700 people across the UK were surveyed on behalf of Job Bounties.  The survey revealed that personal networks have increasingly become the most utilised source of finding employment, rising from 34% to 43% during the time period of people’s last three job moves.

Furthermore, it seems that our friends and family really do know best.  More people found the job they were happiest in through their family, friends and professional network, than through recruitment services and specialists combined (46% versus 37%).

The Job Bounties research, which was conducted by Vision Critical, confirmed that social media had helped one in four people aged between 18 and 34 to personally get a job – with sites like LinkedIn, Facebook and Twitter positively impacting the recruitment process for a third (31%) of people surveyed.

Brits have on average referred three people in their personal network for a job, through official job applications.  Already, 6% of Brits aged 18 to 34 have passed interesting jobs on to their social media community, confirming social media is making it easier to help your personal network to find new career opportunities. And while only 5% of people have received a financial reward for a job referral to date, 20% of 18-34 year olds would refer more people if they knew the financial gain of doing so.

Job Bounties offers people interested in “head hunting” their friends, a great opportunity to make some money in the process.  Job Bounties takes the concept of social recruitment popularised by businesses such as LinkedIn, and introduces a new marketplace-style recruitment model for job seekers.

On www.jobbounties.com, there are currently over 150 jobs with a total job bounty of &pound175,000 up for grabs.  Already, over 100 candidate referrals have been made since the site launched just one month ago, on 14th November 2012.

When posting a vacancy on Job Bounties, recruiters get to set their own recruitment fee and only pay if they hire. So businesses pay what they can afford, and only pay out if they find the right candidate, making it an entirely risk-free proposition. Job Bounties is offering double-bounties to & lsquo;bounty hunters’ through to the end of the New Year job hunt season on 31st January 2013.  

Focusing on the London market during the initial launch phase, Job Bounties aims to soon be a nationwide service. The core bounty markets are Finance, Consulting, FMCG and Retail, Digital and Marketing, and IT and Software industries – with advertised roles currently ranging from &pound25,000 to &pound100,000.

James Uffindell, CEO and Founder of Job Bounties, said: “What’s clear from the research is that it can literally pay to spend time with friends and family this Christmas and New Year talking about your career. While there is no such thing as a perfect job, your personal network know you better than anyone and can be a great source for hunting out job opportunities that are perfect for you. That was the inspiration behind launching Job Bounties.”

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