#FIRMday Manchester 9th March 2017: WCN 'Great Engagement'

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Making engagement the central focal point of your future talent acquisition strategy Stefan Sawh Global Head of Account Management 9 th March 2017

Transcript of #FIRMday Manchester 9th March 2017: WCN 'Great Engagement'

Page 1: #FIRMday Manchester 9th March 2017: WCN 'Great Engagement'

Making engagement the central focal point of your future talent acquisition strategy

Stefan SawhGlobal Head of Account Management

9th March 2017

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Agenda

• Introduction

• What does Great Engagement look like?

• Engagement Survey

• NBC Universal• M&S• British Transport Police

• Closing Remarks

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Who we are

Founded in 1995 by Charles Hipps, CEO, and headquartered in London, UK

400+ most talented and respected employers

Growing team of 100-200 professionals

Helping to acquire the best talent globally

Offices in the US, Italy and Asia, and publicly traded on the London Stock Exchange (WOR)

Delivering talent acquisition solutions

20YEARS

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Events Application

s and Selection

Interviews Offers / Accepts Onboarding

WCN ATS

Statistics, Data and Reporting

Award-winning Applicant Tracking Software

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Statistics, Data and Reporting

Who we work with

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Engagement Survey

What does Great Engagement look like?

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Engagement Survey

Global lessons from recruiters:Engagement findings

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Who we spoke to

WCN surveyed HR leaders covering almost 70 national and global employers including:

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Main Recruiting Challenges

• 49% said stretched staff resourcing made engagementdifficult

• 40% admitted low brand awareness was an issue for them

• 21% struggled to engage with diverse communities tocomply with their organisational goals.

• 20% found they were losing out to market proliferation &competition – 14% also said reneging of offers was an issue

• 19% said low business engagement made winning over new talent difficult.

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Successful methods currently used for engagement with candidates

• 72% valued events and social media outreach/forum chats for candidate engagement

• 64% said maintaining relationships with academics/executive directors helped with engagement

• 55% used newsletters and regular communications to deliver engagement

• 51% focused on dedicated careers pages and the use of virtual technologies to provide a form of engagement

• 44% used brand ambassadors/mentors to run engagement programmes

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Most successful recruiting sources to help inspire candidates

• 70% said referrals were key to identifying top talent recruits who should be engaged

• 59% reported internships and placements were a good way to engage future leaders (entry level roles)

• 53% valued career fairs, open days and networking days as useful for finding and then engaging the best candidates

• 43% used mentoring programmes to aid recruitment practices.

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Cost of poor engagement

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Value of Events

• 92% consider meetings / events as an effective way to communicate their EVP *

• Over 90 organisations hosted their own campus presentations across the UK **

• Events are powerful recruitment activities for hiring at any level

• 65% companies experience difficulties attracting top talent *

• ‘Candidate Experience’ starts with Events & marketing

* 2014 Global Workforce and Global Talent Management and Rewards Studies by Willis Towers Watson.** HighFliers Report 2016

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Events – typical challenges …

• Employers are marketing at an average of 20 UK universities *

• ½ of companies said a ‘few more’ or ‘considerably more’ students had attended their events compared to last season *

• 43% of graduate recruiters said that they had not enough resources in their graduate recruitment team *

• Maximising your time and resources at the events

• Measuring ROI

• Leveraging technology* High Fliers Report 2016

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Standing out from the crowd…

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Challenges of managing graduate roadshows at scale

• Clarity around branding

• Drive for Graduate vs. Young Professionals

• Harnessing events and awareness workshops

• Engage, Track and Maintain Relationships

• ROI

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Candidates at the Centre

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ROI

Offer/ Acceptance Marketing Spend Cost per HireNew York 32% $30,000 $4,286London 100% $28,750 $2,875

Hong Kong 79% $39,000 $3,545Sydney 84% $19,500 $722

Attended Offer Extended Offer Accepted Offer DeclinedNew York 48 22 7 15London 37 10 10 0Hong Kong 89 14 11 3Sydney 178 32 27 5

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Results

• Stronger Candidate Experience

• Full management of events budget

• Time to hire impact

• 50% reduction in administration time

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Engaging in Volume

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Challenges of Store Recruitment

• Volume applications within stores

• 35-40,000 vacancies per year

• Requirement to turnaround quickly

• Duplicate management

• Response time

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Streamlined Process

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Results

• 1 application per role, per candidate avoiding store conflict

• Duplicate check at application stage using business rules

• No break in application flow- 1 hour from application to booking an interview

• Time to hire typically 3 days

• Greater conversion through robust testing and application flow

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Engagement with target groups

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Challenges of representing Diversity in the Forces

• 550 vacancies

• Drive to represent the local community

• Inclusion and Diversity Division

• Clarify misconceptions around a career in the police force

• Change in attraction approach

• Candidate friendly

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• Workshop

• Simple application form – different to the norm

• Streamlined approach to recruitment process

• CRM for BME expressions of interest

• Exclusive vacancy links for attendees

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Results

• ROI

• Marked increase in BME/Female student officers

Intake Confirmed Numbers Male Female

May 2015 20 15 (1 BME) 5

June 2015 20 15 (4 BME) 5 (2 BME)

July 2015 40 29 (13 BME) 11 (4 BME)

August 2015 40 27 (7 BME) 10 (3 BME)

August 2015 20 12 (2 BME) 8 (2 BME)

September 39 28 (7 BME) 10 (1 BME)

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Summary

1) Have a great EVP2) Be coordinated and differentiated for all talent pools3) Engage early 4) Maintain effective engagement5) Bring EVP to life with stories6) Online approach complementary with face-to-face7) Clearly define what a great fit looks like8) Communication is simple, transparent and personal9) Update candidates frequently10)Use engaged candidates to be future advocates

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THANK YOU

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Feedback is a Gift

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Join The Discussions

Future of Volume

17 March 2017

To join or to contact

E: [email protected]

Future of Emerging Talent

19 May 2017