Talent Acquisition Trends & Best Practices 2014

Presenter

Simon ParkinPractice Leader, Recruitment & Talent Management Advisory

@aTalentCompany

@SimonParkin1 www.thetalent.co

So what makes us so knowledgeable?

The Origins of Recruitment

http://www.youtube.com/watch?v=b56eAUCTLok

VIDEO #1

Recruitment Today: The State of the Union

Recruitment Today

Many organizations are back

to a focus on growth – but smart growth!

Recruitment Today

Many organizations are back

to a focus on growth – but smart growth!

But impacts organizations both ways!

……..Top Talent Retention

Recruitment Today

Recruitment within most organizations is:

• Under funded based on expectations• Limited by Recruitment Capacity• Limited by Recruiter Capabilities• Under represented with Recruitment

Branding• Inadequately championed at the Executive

level• Treated as an Admin Process

Recruitment Today

The Key Challenges Continue to Remain the Same:

• Finding Good Candidates• Filling Positions Quickly• Engaging Hiring Managers• Candidate Care

Talent Acquisition Trends

“Unplugging your ATS”

Get back to “Old School” Recruitment

“Unplugging your ATS”

Replace with a CRM Tool

(Candidate Relationship Management)

Candidate Sourcing

No longer about “Post & Pray”

Candidate Sourcing

Constantly Align to the Business Goals

Talent Pipelines

Candidate Sourcing

Ensuring the most effective use of tools your already likely paying for

Candidate Sourcing

Ensure your Recruitment Function has the capacity and capability to effectively source!

Candidate Sourcing

Evolving into a Talent Hunter Culture

Assessment

in Talent Acquisition

Assessment thru Interviewing

http://www.youtube.com/watch?v=OVUZKvAwwd8

VIDEO - Misaligned Hiring Goals

Assessment thru Interviewing

http://www.youtube.com/watch?v=5KV2rxpQ_Js

VIDEO – Hiring Managers and their self made candidate interviewing tests

Deeper Assessment of Candidates

Does a 1 hour interview provide you with a true indication of a candidate fit?

Deeper Assessment of Candidates

Top Influencing Factors in Hiring Candidates*

1. Candidate’s Sense of Humour – 27%

2. Involved in Community – 26%

3. Candidate who is Better Dressed – 22%

4. Candidate with whom the Hiring Manager has more in common with – 21%

5. Physically Fit – 13%

*survey by Harris Interactive - 2013

Deeper Assessment of Candidates

Focus on Quality & Thorough Interviewing

Deeper Assessment of Candidates

Assume 50% of your candidates misrepresent themselves on their resume

or exaggerate their experience in an interview – is your organization equipped

to assess which ones?

Deeper Assessment of Candidates

Are your Recruiters & Hiring Managers aligned with your organization’s hiring goals?

• Skills & Experience (usually)• Organizational Fit (sometimes)• Potential (rarely)

Deeper Assessment of Candidates

Engage & Train your Recruiters & Leaders on Effectively Assessing

Candidates

Candidate Experience

The Balance between Candidate Romance and Assessment

The Balance between Candidate Romance and Assessment

46% of new hires fail within 18 months*

*Leadership IQ 2013

The Balance between Candidate Romance and Assessment

61% of new hires are unhappy because they feel that they had been

misled during the hiring process*

*Harris Interactive 2013

The Balance between Candidate Romance and Assessment

50% of Hiring Organizations or the new hires themselves regret the

decisions they made*

*The Recruiting Roundtable 2013

The Balance between Candidate Romance and Assessment

Expectation Setting, Communication and Follow up with Candidates are

key!

Talent Calibration

Assess your Internal Talent versus Top External Talent to Hire the Best overall –

don’t be afraid to compare

Talent Calibration

Where does your internal talent compare?

“Who the right person is can greatly depend on the moment. Someone who has performed an exemplary job leading one leg of that journey may not be ideally

suited for the next.”

- Meg Whitman HP CEO

Recruiters now need to be Talent Advisors

Recruiters must no longer be Recruitment Coordinators & Administrators

Recruiters now need to be Talent Advisors

Must be the Trusted Advisors & Partners to the Business

– not just a simple title change!

Recruiters now need to be Talent Advisors

Recruiters must become a Talent Influencer for your organization

“Big Data” within Talent Acquisition

Best Practices

Recruitment Model

Best Practices

Boomerang Hiring makes up 10%of their hires each year

Best Practices - Interviewing

Uses panels of varied employees to handle the interviewing & selection process – 4 interview maximum.

(no direct hiring managers or peers to remove the subjectivity)

Best Practices - Mobile

63% of people search for jobs on their smartphone

Best Practices - LinkedIn

Contact US

For further information or assistance contact:

Simon ParkinThe Talent Company Ltd.(905) 475-8562simon.parkin@thetalent.co www.thetalent.co