MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET...
Transcript of MARKET LANDSCAPE: TALENT ACQUISITION · ©2019 Aptitude Research, All right reserved. MARKET...
©2019 Aptitude Research, All right reserved.
MARKET LANDSCAPE: TALENT ACQUISITION
©2019 Aptitude Research, All rights reserved.
A Closer LookCurrent State Evaluation Providers
AGENDA
01 02 03
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Surveys
Interviews
Solution Provider Briefings
RESEARCH METHODOLOGY
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01
CurrentState
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KEY PLAYERS IN 2009
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INNOVATIVE SOLUTION PROVIDERS IN 2009
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Fast Forward10 Years
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A FEW TRENDS STAND OUT
■ CRMs are the new ATSs
■ RPOs are more strategic
■ The investment has skyrocketed
■ The ATS market is still growing at
a rate of 12%
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is acquired by
acquiresAcquires
is acquired by
is acquired by
merges with
CONSOLIDATIONS
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Recruiter’s Spend the Most Time Doing:
■ Scheduling Interviews■ Findings Candidates in their ATS■ Scheduling Calls■ Meeting with Hiring Managers
THE ROLE OF THE RECRUITER
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02
A CloserLook
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MARIE KONDO OF TA
■ Simplify■ Tidy Up■ Spark Joy
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TA Leader
Business Leader
■ Recruiters■ Talent Acquisition Leaders■ Sourcers■ Employer Branding Specialists■ Digital and Social Media Specialists■ Data Scientists■ Business Partners■ Candidate Experience Experts
THE PEOPLE
1
2 3 4
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Workforce Planning
Recruitment Marketing Source Apply
Assess Interview Screen Offer
PROCESS
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TALENT ACQUISITION TRIFECTA
Applicant Tracking
Onboarding System
Ecosystem
Employer Branding
Sourcing Interviewing
Assessment
Screening Communication
AnalyticsAI
Experience Layer
Recruitment Marketing
Platform/ CRM
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WHAT MAKES TECHNOLOGY GREAT?
■Experience■Expertise■Adoption
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Over 50% of companies have a contract with their ATS for 3+ years
■ 51% of companies use 3+ ATS Systems■ 66% of companies use 3+ sourcing
solutions■ 70% of companies use 3+ general job
boards
TA TECH IS TOO COMPLEX
Source: Aptitude Research Partners. Hire, Engage, Retain Study, 2017. N=470
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WE NEED MORE EXPERTISE
1 in 4 companies have no plans
Only 32% of companies have
Only 24% have the budget that
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WE ARE ADOPTION TECHNOLOGY
■ Only 2% of companies using all the functionality of RMP
■ Only 3% of companies using all the functionality of ATS
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ADDRESSING THE ELEPHANTS
■Workday■IBM BrassRing■CRM■AI
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03
Evaluating Providers
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SMB
Comprehensive Solution
Innovation
Word of Mouth
Mid-Market
Disparate Solutions
Efficiency
Word of Mouth
Enterprise
Core Systems and Ecosystem
Integration
Word of Mouth
TALENT ACQUISITION SMB MARKET
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Key Questions Key Requirements ROI Analysis
THREE STAGES
1 2 3
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Internal Questions
External Questions
Experience Questions
3 QUESTIONS TO ASK
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KEY REQUIREMENTS
■Company■Product ■Differentiators
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Benefits - Costs
Costs
Payback The timeframe for when you start to see the value.
ROI The benefits divided by the costs.
Savings The amount saved during the payback period.
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Identify your unique requirements
Look for a partner
Simplify the process
Embrace data to drive decisions
Have fun!
KEY RECOMMENDATIONS
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Thank You
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@aptitudeHCM