Inside The Mind Of The Modern Job Seeker

2015Job Seeker Nation StudyInside the Mind of the Modern Job Seeker

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerA recovering economy has placed jobseekers in the driver’s seat.Half of employed job seekers see their current position as only temporary.It’s been a long road to recovery, but the economy is finallybouncing back after the Great Recession. Businesses aregrowing, companies are hiring and quality talent is in highdemand. For the skilled worker, the job market has shiftedin their favor, and professionals everywhere are takingadvantage. The findings of the sixth annual Job SeekerNation Study explore the progression of the job market, themodern job seeker’s approach to job hunting, and what thismeans for the workforce in 2015. Job seekers are surfing the wave of careeropportunities. Technology sees the highest short-termturnover, but no industry is exempt from job-hopping.What you need to know: Men and women agree on one thing: bothgenders (38%) value work/life balanceequally when considering a new job. The job market is looking up: compared to 2013,fewer people in 2014 said it was difficult to find a job. Everyone has their eye out for a better opportunity:45% of workers will jump ship for a new job eventhough they are happy in their current position. Over a quarter of job seekers view theircurrent position as a stepping-stone, anotherindicator that people see their jobs as a growthexperience rather than an endgame. Money talks: it’s the most influential factor both indeciding to leave a job and in choosing a new one. Job seeking is now a 24/7 activity: jobseekers search for new positions on mobileduring their commute (38%), on the job(30%) and even in the bathroom (18%).Page 2

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerThe job market isback—and job seekersare reaping the benefits.Reflecting on the past year, 60% of jobseekers are equally or more optimisticabout job opportunities.The percentage of Job seekers who’vesaid it is “harder” to find a job hasdecreased by 43% since 2012.35 65 Z35%45 55 Z201445%61 39 Z201361%2012Q. Thinking of the past year, has itbeen easier or harder to find a job?Page 3

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerSatisfaction is no guarantee of employee loyalty.45% of job seekers are satisfied in their current job, but open to a new one.SATISFIED AND OPEN (BY AGE)SATISFIED AND OPEN (BY ANCE47%40-5439%HEALTHCARE55%55 32%RETAIL44%SERVICES49%SOFTWARE/TECH53%SATISFIED AND OPEN (BY EDUCATION)Regardless of age,industry or education,the grass is alwaysgreener for jobseekers.HIGH SCHOOLOR LESS42%4 YEAR COLLEGEDEGREE49%POST-GRAD48%Page 4

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerNo company is exempt from restless employeeseager for a better opportunity.Millennials are twice as likely as 30-somethings to leave a job after justthree years — and this gap only widens with age.Q. How frequently do you change jobs?16 Z 8436 64 ZEvery 1-3 years16%36%30-3918-295 Z 959 91 Z9%5%55 40-5450 50 ZEvery 1-5 years50%Software/Technology32 Z 6841 59 Z32%41%Finance/Accounting/Insurance36 Z 6437 63 Z 37 63 ZRetail36%37%37%EducationServicesHealthcarePage 5

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker50%of employed job seekers see their currentposition as a placeholder.Younger job seekers in particular consider their positions temporary growth opportunities.Q. How would you describe your position at your current job?39 61 Z 25 75 Z22 78 Z 16 84 Z 8 92 Z39%22%25%18-2930-3916%8%40-5455 Entry Level28 72 Z28%Stepping Stone32 68 Z 41 59 Z24 76 Z 12 88 Z32%41%18-2930-3924%12%40-5455 Page 6

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerMinimal pay and lack of growth makeleaving a job inevitable.Job seekers primarily leave for higher compensation and better growth opportunities.32 6 62Z32%Compensation10 6 84Z10 11 79ZLocationEspecially18-29 - 16%10%Especially in theNortheast - 38%10%Work/life balance16 11 73ZGrowth opportunitiesEspecially55 - 21%16%Especially in theSouth - 27%Page 7

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerPerks are great, but money talks.Compensation has the biggest impact on job seekers’decisions to take a new job — company mission,leadership, and culture are negligible.COMPENSATION61%LOCATION42%WORK/LIFE BALANCE 38%HEALTH BENEFITS36%What matters most to job seekers varies by age.44 56 Z 44 56 Z 42 58 Z43 57 ZMIDDLE AGEDBABY BOOMERSMILLENNIALS44%44%42%LocationLocationHealth benefitsGROWTHOPPORTUNITIES35%FLEXIBILITY TOWORK FROM HOME25%CULTURE21%LEADERSHIP15%COMPANY MISSION12%30-SOMETHINGS43%Growth Opportunities25 75 Z38%Men and women equally valuework/life balancePage 8

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerOne size does not fit all — every jobseeker shops differently.Q. Which of the following is important to you when applying for a job?49%28Ability to see job listingswithout registration%Amount of time to completejob application21%Ability to apply forjobs via mobileYounger job seekers expect a seamless application process.Ability to see job listingswithout registering.53 47 A 49 51 A50 50 A 42 A5853%49%18-2930-3950%42%40-5455 Ability to apply forjobs on mobile.33 67 A 29 71 A18 82 A 3 A9733%29%18-2930-3918%3%40-5455 Amount of time it takes tocomplete a job application:26 74 A 29 71 A31 69 A 22 A7826%29%18-2930-3931%22%40-5455 Ability to use LinkedIn profile oronline resume to apply for a job:17 83 A 19 81 A13 87 A 10 A9017%19%18-2930-3913%10%40-5455 Page 9

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerPage 10All social networks are NOT createdequal in the job search.67%of job seekers using socialmedia use FacebookGENDERGENDERMALEFEMALEjob seekers using social45% ofmediause Twitter71%55%job seekers using social40% ofmediause SS ALL INCOME LEVELS, FACEBOOK ISTHE SOCIAL NETWORK OF CHOICE.LOWER INCOME JOB SEEKERS ARE 4 TIMES LESSLIKELY TO USE TWITTER IN THEIR JOB SEARCH.LOWER INCOME JOB SEEKERS ARE LEASTLIKELY TO USE LINKEDIN. 25K68% 25K35% 25K10% 25 - 49.9K59% 25 - 49.9K19% 25 - 49.9K18% 50-74.9K67% 50-74.9K47% 50-74.9K34% 75K68% 75K54% 75K56%EDUCATIONLED TO FINDING JOBWhile Facebook, Twitter, and LinkedIn arestill the favorites for social job seeking, newchannels are encroaching on their territory.31 69 Z 25 75 Z 17 83 Z31%25%17%20 80 Z 51 49 Z 67 33 Z20%51%67%High school or less4 year college degreePost-grad

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerFor some job seekers, honesty isn’t the bestpolicy on Facebook and Twitter.I’ve inflated my skills:31 69 Z31%Social media job seekersI’ve fabricated job references:Highly educated job seekers aretwice as likely than less educatedjob seekers to inflate skills.18 82 Z 20 80 Z20 80 Z18%20%4 years collegedegreePost-grad9%27 73 Z27%Social media job seekersHigh school or less2xas many menfabricated references onFacebook than women.Page 11

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerMobile is gaining traction fast in the job hunt.Millennials are fueling the workforce, and 47% of them are using mobile in their job search.Q. Which of the following activities have you completed during your job search on asocial network and on which device: mobile or desktop?UPDATED TWITTER PROFILES WITHPROFESSIONAL INFORMATION16%15%30 70 Z30%Tech job seekers andmillennials update profileson Twitter the most.SEARCHED FOR JOBS ON FACEBOOK15%13%21 79 Z21%Millennials search for jobson mobile the most.UPDATED FACEBOOK PROFILE13%17%UPDATED LINKEDIN PROFILES9%14%Page 12

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerJob searching is nolonger taboo.Job seekers are devoting time on mobile tofind their next job.20 80 Z 32 68 Z28 72 Z 14 Z8620%Under 6 minutes28%11-30 minutes32%Now, it’s easier and moreacceptable than ever to jobshop in the open:47%38%36%In bedDuring CommuteIn a restaurant30%21%18%On the jobDuring a meetingIn the restroom6-10 minutes14%Over an hour5%8%In a gymIn a barPage 13

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerPage 14When it comes to interviewing, job seekers mustbe prepared for anything.61 39 ZWhile face-to-face interviews remain the most popular choice, employersare using a variety of other methods to vet the best candidates:In-person interviews61%26 74 Z 18 82 Z 16 84 Z 16 84 ZPhoneWriting TestsLunch/drinksPanel26%18%16%16%Job seekers in the software/technology industry are mostlikely to have experienced a Skype or video interview: 31%

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerPage 15Research is now a job-seeking prerequisite.Younger, highly educated people are most likely to use socialmedia to look up information about the skills/experience ofcurrent employees at a company of interest.18-29Millennials30 70 Z 24 76 Z 14 86 Z30-3924%27%14%13%22%13%1915%4-YEARCOLLEGE DEGREEJob seekers use a plethora of networks to assess a company’sculture, but overall, Facebook is the top choice at 18%.28%%SOME GRADUATE EDUCATION22%23%17%16%15%12%18-2923%30-3925%40-5455 13%6%18-2918%30-3916%40-5410%55 2%14%The more you make, the more culture matters. 25K 75K11%21%3%15%Facebook11%24%Google a3%7%TwitterLinkedinBaby boomers are not using LinkedIn or Facebook to theiradvantage for finding connections and networking.14%

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job SeekerAbout The StudyAbout JobviteOn behalf of Jobvite, the polling company, Inc.,conducted a nationwide online omnibus surveyof 2,084 adults (aged 18 ), of whom 1,282 wereparticipants in the U.S. labor force. Participantswere screened based on their employment situationand attitude toward future career opportunities,and non-employed, non-job seekers were excludedfrom the study. The survey included questionson current employment status and the use ofsocial networks and mobile devices to find jobopportunities. The survey was fielded November13-17, 2014. Respondents for this survey wereselected from an opt-in panel, and had expressedprior consent to participate in online surveys.Data was weighted so the demographics of thisaudience closely match the nationwide populationof adults (age 18 ) with respect to gender, age, andregion.Jobvite is the only recruiting platform that deliversreal-time recruiting intelligence with innovativetechnology for the evolving social web. Leading,fast-growing companies today use Jobvite’s socialrecruiting, sourcing and talent acquisition solutionsto target the right talent and build the best teams.Jobvite is the complete, Software-as-a-Service(SaaS) platform, which can optimize the speed,cost-effectiveness and ease of recruiting for anycompany. To find out more, take a tour of ourproduct.CONNECT WITH 376-7200Copyright 2009-2015 Jobvite, Inc. All Rights Reserved. Jobvite, the Jobvite, Inc. logos and all other Jobvite, Inc. product or service names are trademarks, servicemarks,and/or registered trademarks of Jobvite, Inc. and are protected by the laws of the United States and other countries. All other trademarks are property of their respective owners.Page 16

Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 15 Research is now a job-seeking prerequisite. Younger, highly educated people are most likely to use social media to look up information about the skills/