Job Seeker Nation Study Inside the Mind of the Modern Job Seeker 2015 Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 2

A recovering economy has placed job seekers 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 finally • Job seekers are surfing the wave of career bouncing back after the Great Recession. Businesses are opportunities. Technology sees the highest short-term growing, companies are hiring and quality talent is in high turnover, but no industry is exempt from job-hopping. demand. For the skilled worker, the job market has shifted • Over a quarter of job seekers view their in their favor, and professionals everywhere are taking current position as a stepping-stone, another advantage. The findings of the sixth annual Job Seeker indicator that people see their jobs as a growth Nation Study explore the progression of the job market, the experience rather than an endgame. modern job seeker’s approach to job hunting, and what this means for the workforce in 2015. • Money talks: it’s the most influential factor both in deciding to leave a job and in choosing a new one. What you need to know: • Men and women agree on one thing: both • The job market is looking up: compared to 2013, genders (38%) value work/life balance fewer people in 2014 said it was difficult to find a job. equally when considering a new job. • Everyone has their eye out for a better opportunity: • Job seeking is now a 24/7 activity: job 45% of workers will jump ship for a new job even seekers search for new positions on mobile though they are happy in their current position. during their commute (38%), on the job (30%) and even in the bathroom (18%). Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 3

The job market is 35% back—and job seekers 352014 +65Z are reaping the benefits.

Reflecting on the past year,60 % of job 45% seekers are equally or more optimistic about job opportunities.

452013 +55Z The percentage of Job seekers who’ve said it is “harder” to find a job has decreased by 43% since 2012. 61%

Q. Thinking of the past year, has it been easier or harder to find a job? 612012 +39Z Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 4

Satisfaction 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 INDUSTRY)

18-29 53% EDUCATION 51%

30-39 55% FINANCE/INSURANCE 47%

40-54 39% HEALTHCARE 55%

55+ 32% RETAIL 44%

SERVICES 49% SATISFIED AND OPEN (BY EDUCATION) SOFTWARE/TECH 53% Regardless of age, HIGH SCHOOL industry or education, OR LESS 42% the grass is always 4 YEAR COLLEGE DEGREE 49% greener for job seekers. POST-GRAD 48% Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 5

No company is exempt from restless employees eager for a better opportunity. Millennials are twice as likely as 30-somethings to leave a job after just three years — and this gap only widens with age.

Q. How frequently do you change jobs?

Every 1-3 years Every 1-5 years

% % 32 36% 16 50% 41% 32+68Z Finance/Accounting/ Insurance 1630-39 +84Z 41+59Z Retail 3618-29 +64Z Software/Technology 50+50Z % 5% 36 % 9 37% 37% 36+64Z 555+ +95Z Education 940-54 +91Z 37+63Z 37+63Z Healthcare Services Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 6

% 50 of employed job seekers see their current position 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% 25% 32% 41% 39+61Z25+75Z 28% 32+68Z41+59Z 18-29 30-39 18-29 30-39 22% 28+72Z Stepping Stone 22+78Z 16% 8% 24% 12% Entry Level 16+84Z8+92Z 24+76Z12+88Z 40-54 55+ 40-54 55+ Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 7

Minimal pay and lack of growth make leaving a job inevitable. Job seekers primarily leave for higher compensation and better growth opportunities.

Location Especially 18-29 - 16%

10% 32% Growth opportunities

Especially in the10 +684+Z Especially in the Northeast - 38% South - 27% 16% Compensation Especially 32+662+Z 55+ - 21% 10% 16+1173+Z

10Work/life balance +1179+Z Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 8

Perks are great, but money talks.

Compensation has the biggest impact on job seekers’ decisions to take a new job — company mission, What matters most to job seekers varies by age. leadership, and culture are negligible.

MIDDLE AGED BABY BOOMERS MILLENNIALS COMPENSATION 61%

LOCATION 42%

WORK/LIFE BALANCE 38% 44% 44% 42%

HEALTH BENEFITS 36% 44+56Z 44+56Z 42+58Z Health benefits Location Location GROWTH OPPORTUNITIES 35% 30-SOMETHINGS

FLEXIBILITY TO WORK FROM HOME 25%

CULTURE 21% % % 43 38 LEADERSHIP 15% 43+57Z Men and women equally value Growth Opportunities work/life balance COMPANY MISSION 12% 25+75Z Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 9

One size does not fit all — every job seeker shops differently.

Q. Which of the following is important to you when applying for a job?

Ability to apply for % Ability to see job listings % Amount of time to complete % 49 without registration 28 job application 21 jobs via mobile

Younger job seekers expect a seamless application process.

Ability to see job listings Ability to apply for Amount of time it takes to Ability to use LinkedIn profile or without registering. jobs on mobile. complete a job application: online resume to apply for a job: 5353% +47A 4949% +51A 3333% +67A 2929% +71A 2626% +74A 2929% +71A 1717% +83A 1919% +81A 18-29 30-39 18-29 30-39 18-29 30-39 18-29 30-39 5050% +50A 4242% +58A 1818% +82A 33% +97A 3131% +69A 2222% +78A 1313% +87A 1010% +90A 40-54 55+ 40-54 55+ 40-54 55+ 40-54 55+ Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 10

All social networks are NOT created equal in the job search.

% of job seekers using social % of job seekers using social % of job seekers using social 67 media use 45 media use 40 media use LinkedIn

GENDER GENDER GENDER

MALE MALE MALE 71% 55% 51% 29% 41% 36% FEMALE FEMALE FEMALE

ACROSS ALL INCOME LEVELS, FACEBOOK IS LOWER INCOME JOB SEEKERS ARE 4 TIMES LESS LOWER INCOME JOB SEEKERS ARE LEAST THE SOCIAL NETWORK OF CHOICE. LIKELY TO USE TWITTER IN THEIR JOB SEARCH. LIKELY TO USE LINKEDIN.

% % <$25K 68% <$25K 35 <$25K 10

% % $25 - 49.9K 59% $25 - 49.9K 19 $25 - 49.9K 18

% % $50-74.9K 67% $50-74.9K 47 $50-74.9K 34

% % >$75K 68% >$75K 54 >$75K 56

EDUCATION

LED TO FINDING JOB

While Facebook, Twitter, and LinkedIn are 20% 51% 67% still the favorites for social job seeking, new 31% 25% 17% 20+80Z 51+49Z 67+33Z channels are encroaching on their territory. 31+69Z 25+75Z 17+83Z High school or less 4 year college degree Post-grad Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 11

For some job seekers, honesty isn’t the best policy on Facebook and Twitter.

I’ve inflated my skills: I’ve fabricated job references:

Highly educated job seekers are twice as likely than less educated job seekers to inflate skills.

18% 20% 27% 31% 18+82Z 20+80Z 4 years college Post-grad degree

% 209 +80Z 27Social media job seekers+73Z 31Social media job seekers +69Z High school or less

2x as many men fabricated references on Facebook than women. Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 12

Mobile 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 a social network and on which device: mobile or desktop?

UPDATED TWITTER PROFILES WITH SEARCHED FOR JOBS ON FACEBOOK UPDATED FACEBOOK PROFILE PROFESSIONAL INFORMATION

% % % 15% 16 13% 15 13% 17

UPDATED LINKEDIN PROFILES

% 30 % 21 % 30+70Z 9% 14 Tech job seekers and 21+79Z millennials update profiles Millennials search for jobs on Twitter the most. on mobile the most. Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 13

Job searching is no longer taboo. Job seekers are devoting time on mobile to Now, it’s easier and more find their next job. acceptable than ever to job shop in the open:

20% 32% 47% 38% 36% 20+80Z 32+68Z In bed During Commute In a restaurant Under 6 minutes 6-10 minutes

30% 21% 18%

On the job During a meeting In the restroom 28% 14% 28+72Z 14+86Z 5% 8% 11-30 minutes Over an hour In a gym In a bar Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 14

When it comes to interviewing, job seekers must be prepared for anything. While face-to-face interviews remain the most popular choice, employers are using a variety of other methods to vet the best candidates:

In-person interviews

Phone Writing Tests Lunch/drinks Panel 61% 2626% +74Z 1818% +82Z 1616% +84Z 16+16% 84+Z

Job seekers in the software/technology industry are most 61+39Z likely to have experienced a Skype or video interview: 31% 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 Job seekers use a plethora of networks to assess a company’s media to look up information about the skills/experience of culture, but overall, Facebook is the top choice at 18%. current employees at a company of interest.

18-29 30-39 Millennials 24% 27% 14% 13% 28% 14% 14% 22% 13%

% % 30+70Z 24+76Z 14+86Z 19 15

4-YEAR COLLEGE DEGREE SOME GRADUATE EDUCATION The more you make, the more culture matters. 22% 23% < $25K > $75K 17% 16% Twitter 11% 21% 15% 12% Linkedin 3% 15%

Facebook 11% 24% Baby boomers are not using LinkedIn or Facebook to their advantage for finding connections and networking. Google+ 8% 10%

% % 18-29 18% Pinterest 4 13 18-29 23% 30-39 16% 30-39 25% Instagram 6% 10% 40-54 10% 40-54 13% 55+ 2% Snapchat % % 55+ 6% 6 12 Quora 3% 7% Jobvite 2015 Job Seeker Nation: Inside the Mind of the Modern Job Seeker Page 16

About The Study About Jobvite

On behalf of Jobvite, the polling company, Inc., Jobvite is the only recruiting platform that delivers conducted a nationwide online omnibus survey real-time recruiting intelligence with innovative of 2,084 adults (aged 18+), of whom 1,282 were technology for the evolving social web. Leading, participants in the U.S. labor force. Participants fast-growing companies today use Jobvite’s social were screened based on their employment situation recruiting, sourcing and talent acquisition solutions and attitude toward future career opportunities, to target the right talent and build the best teams. and non-employed, non-job seekers were excluded Jobvite is the complete, Software-as-a-Service from the study. The survey included questions (SaaS) platform, which can optimize the speed, on current employment status and the use of cost-effectiveness and ease of recruiting for any social networks and mobile devices to find job company. To find out more, take a tour of our opportunities. The survey was fielded November product. 13-17, 2014. Respondents for this survey were selected from an opt-in panel, and had expressed CONNECT WITH US prior consent to participate in online surveys. Data was weighted so the demographics of this www.jobvite.com audience closely match the nationwide population of adults (age 18+) with respect to gender, age, and www.facebook.com/jobvite region. www.twitter.com/jobvite www.linkedin.com/company/jobvite

650-376-7200

Copyright © 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 and other countries. All other trademarks are property of their respective owners.