Talent Acquisition Systems
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Transcript of Talent Acquisition Systems
Sponsored by:
Talent Acquisition Systems: Industry Trends and What
They Mean to You
Talent Acquisition Systems: Industry Trends and What They
Mean to You
Host: Madeline Tarquinio Research Director
ERE
Presenter: Elaine OrlerPractice Manager
The Newman Group
AgendaTalent Acquisition Systems Definition and Trends
How do they compare to Talent ManagementKey trends in Talent Acquisition for 2007
ERE TAS Buyers Guide Overview and TrendsProcess to identify and evaluate the vendorsResearch Results
Market LandscapeCustomer Satisfaction ResultsVendor Criteria EvaluationProduct Highlights and things to watch..
Evolution of Human Resources to Talent Management
Talent AcquisitionRecruiting/SourcingStaffingEmployment OfficeHiring Authority
Talent RetentionEmployee RelationsPersonnelPayrollHiring Authority
Talent Management vs. Talent AcquisitionIntegrated Talent Management Integrated Talent Acquisition
WorkforcePlanning
Retention & Engagement
SuccessionPlanning
Learning &Development
Management
Acquisition
IntegratedTalent
Management
High VolumeVMS
ProgramMgmt
(i.e. ERP)
Assessments
JobDistribution
CareerPortals
ContactMgmt
IntegratedTalent
Acquisition
What is a Talent Acquisition System?Applicant Tracking Systems
Foundation and focus on the ApplicantLegacy term to define the control process for managing applications/resumes through the hiring process
And so much more…Candidate Career Portals – Unique to the experienceJob Distribution to third party career sitesConceptual or Advanced searching for candidatesContact Management (CRM)Program Management (ERP, College)
Talent Acquisition System Trends for 2007
ConsolidationCommoditization IntegrationInnovation
ConsolidationTalent Management Suite of Solutions
The ability to move talent in, around and through an organization with seamless accountability
Talent AcquisitionTalent Retention
Performance, Succession, LearningTalent Off-boarding
Global Talent AcquisitionFoundation solution to enable Talent Acquisition across the globeFoundation solution to bridge all Talent Acquisition types
Salary, Hourly, Contract, Temporary
Recruiting Technology Acquisition List:2002
iJobs by LawsonResumix by HotJobs
2003Personic by UnicruPureCarbon by Workstream Icarian by Workstream
2003RecruitingSolutions by CeridianHotJobs/Resumix by Yahoo!
2004Humetrics by DeployKnowledgePoint by Vurv
2005Hire.com by Authoria
2006BrassRing by KenexaWebhire by KenexaUnicru by KronosVirtualEdge by ADP
2007People Business Network by VurvJobFlash by TaleoCeridian by THL Partners
CommoditizationPerceived
All the vendors are alike – no differentiation between solution offerings and value to the business The Tier 1 vendors are the most alike
ActualNew Modules/Features rapidly included in multiple vendor suites on the heals of each otherPricing concessions to win the dealTier 1 vendors have the greatest differentiation based on the complexity of their solutionsTier 2/3 vendors are at risk for commoditization
RealityUneducated buyers drive the perception of commoditization in this market
Lack of roadmap for technology and leadershipLack of detailed requirements to evaluate the market
IntegrationCustomer defined unique integrations
Bi-directional solutions to multiple vendors/applicationsReal time to daily informationChallenge: Firewalls and Data Privacy
Vendor integrated tool setPredefined set of tools to standardize integrations across multiple customersTool kits defined by partnership strategy and mutual customersChallenge: No two customers are completely alike
InnovationPast Technology Drivers for innovation:
The internet = Career PortalsAdvanced search tools = Conceptual SearchPDA Tools = Remote Approval routing and Candidate review
We’re waiting….Technology Market Drivers:
Database Model: Relational Database vs. Object OrientatedWeb Tools: API’s, RSS feedsCommunication: SMS, Instant Messaging
Recruiting Drivers:Globalization: Expanded capabilities around localized recruiting needs in a single platformAnalytics: Advanced reporting capabilities and dashboards for measuring recruiting successCandidate Relationship Management: Contact Management tools and tracking
ERE Talent Acquisition Buyers
GuideOverview and Trends
Research MethodologyRound 1:
Annual Industry AnalysisQualification QuestionnaireCustomer Satisfaction Survey
Round 2:Demos conducted by TNG (vendor agnostic)Vendor QuestionnaireFollow-up Interviews
Key PlayersAuthoriaKenexaOracleSAPLawsonMr. TedStepstoneJobpartnersTaleoWorkstreamiCIMSSilkRoadSonicRecruit
SmartSearchVurvDeployCeridianHRSmartADP- Virtual EdgePeopleFilterTrovixKronos/UnicruPeopleClickHodes iQFirst AdvantagePCRecruiter
Polling QuestionHow Satisfied are you with your current Talent Acquisition System?
UnsatisfiedNeutralSatisfiedN/A – do not have a TAS at this time
Most Companies are Satisfied
30%
42%
14%
9%
4%
Very Satisfied
Satisfied
Neutral
Unsatisfied
Very Unsatisfied
Polling QuestionHow satisfied are you with the integration of your TAS with your HRMS?
SatisfiedNeutralUnsatisfiedDon’t KnowHave not yet integrated
Where is the Integration?
9%
18%14%
8%5% 6%
40%
7%
17%11%
7% 5% 7%
47%
Very Satfisfied Satisfied Neutral Unsatisfied VeryUnsatisfied
Don't Know Have notIntegrated
Integration with Third Party Recruiting Services Integration with HRMS
Polling QuestionWhat additional components of your TAS are you leveraging?
CRM – Candidate Relationship Management ToolsAdvanced Searching – Conceptual SearchContract/Temporary Labor – Vendor ManagementHourly – High Volume Staffing
What Else Can My TAS Do?56% of companies surveyed indicated that they use their TAS to track candidates supplied by third party staffing agencies54% of companies use their TAS provider for contact management.
Vendor Criteria Comparison
Core Feature Item #
Function Function Description Response Configurations completed by
A1 Create and store Customer specific requisitions
Unlimited number of requisitions created, stored and retrieved with ability for customers to add their own specific fields Yes Client
A2
Multiple requisition forms allowed (Example: hourly, internal transfer, business unit specific, reoccurring,
sourcing, college)
More than 1 requisition form/template can be configured in a client's database to accommodate variance in business units or
type of recruiting. (Example: A user from the Manufacturing group can enter a requisition and only see and populate fields
that ar
Yes
UserClient
VendorN/A
A3 Requisition form designCustomer can organize the fields on the requisition to include moving the location of standard fields and grouping them with
customer defined fields. Yes
UserClient
VendorN/A
A4 Requisition Status and Date indicators with history
System stores status date history so that the period a requisition is on hold can be deducted from time to fill totals for reporting. Yes
A. REQUISITION MANAGEMENT
Trends that will continue…
3%9%88%GLOBAL CONFIGURATION AND COMPLIANCE
1%55%43%STAFFING AGENCY PORTALS
1%48%51%HIGH VOLUME RECRUITING (REOCCURRING)
3%18%78%REPORTING AND METRICS
4%3%93%PERSONALIZED CORRESPONDENCE
1%3%96%OFFER LETTER GENERATION
9%15%76%OFFER ROUTING AND APPROVALS
10%20%70%INTERVIEW MANAGEMENT: COLLABORATIVE TOOLS
2%18%79%CONFIGURABLE RECRUITING WORKFLOW
19%19%62%CONCEPTUAL SEARCH
5%20%75%CANDIDATE/RESUME SEARCH (STRUCT/UNSTRUCT)
9%29%62%EMPLOYEE REFERRAL FUNCTIONALITY
4%12%84%CANDIDATE CAREER PORTALS
4%11%84%REQUISITION POSTING (EXT/INT CAREER SITES)
16%10%74%ASSESSMENTS
4%16%79%PRESCREENING QUESTIONS - JOB/POSITION SPECIFIC
8%10%83%REQUISITION APPROVAL ROUTING
4%10%86%REQUISITION MANAGEMENT
% Planned% No% YesCORE FEATURES
Question and Answers
Thank you!Additional Questions or Comments can be
emailed to:
Madeline Tarquinio at [email protected] Orler at [email protected]
To order the 2007 Talent Acquisition System report: Visit www.ere.net/research