The 7 Deadly Sins of Recruiting
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Transcript of The 7 Deadly Sins of Recruiting
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WEBINAR TIPS
JOBS HAVE CHANGED
STEM fields job openings dominating global marketplace
Bureau of Labor and Statistics believe STEM workforce in US will total more than 8.65 million workers by 2018
(Source: The Seven Deadly Sins of Recruiting, http://web.jobvite.com/rs/jobvite/images/7DåeadlySinsofRecruiting[2].pdf
Research shows that Millennials workers will change jobs
every 3-4 years — because they want more from employment than paychecks and benefits.
JOBSEEKERS HAVE
CHANGED
(Source: The Seven Deadly Sins of Recruiting, http://web.jobvite.com/rs/jobvite/images/7DåeadlySinsofRecruiting[2].pdf
SaaS platform, mobile technology, and social media now provides companies with new array of recruiting tools
Mobile is powering job seekers to look for jobs more openly
41% 38% 36% 30%
18%
TECHNOLOGY HAS
CHANGED
(Source: The Seven Deadly Sins of Recruiting, http://web.jobvite.com/rs/jobvite/images/7DåeadlySinsofRecruiting[2].pdf
DAN FINNIGAN CEO OF JOBVITE
“Companies must cast a wider net to capture this talent. Today, job seekers are
using social and mobile to apply for jobs and gain insight into a company’s culture and values. Ignoring these platforms isn’t an option:
companies must showcase their brand and be everywhere job seekers are.”
66% OF SOCIAL MEDIA USERS EXPECT A RESPONSE WITHIN A DAY.
(Source: Top CRM Statistics, http://blog.capterra.com/top-crm-statistics-2014/
CONSIDER THIS OPTION:
NURTURE YOUR CANDIDATES
• Candidate relationship management (CRM) system • Multi-channel system
FOCUS ON OTHER CHANNELS Focusing all my sourcing on one or two job boards, or worse yet, the company ATS, is a huge mistake.
- Tony Palm, Founder of Post-Military Employment
TRACK YOUR CANDIDATE • Trace the source of your candidates • Keep record of communication between your candidate
in addition to the level of activity • Send reports with real-time analytics
CONSIDER THIS OPTION:
• Social media presence for recruiting • Meaningful, targeted campaigns • Employee referral programs
CONSIDER THIS OPTION:
TAKE PROACTIVE MEASURES
SOCIAL MEDIA AND JOB SEARCHING
Nearly 2 in 3 say their employer does not (or know how to) use
social media to promote job openings
Nearly 3 in 4 say their employer does not
(or know how to) promote their employment brand
on social media
79% are likely to use social
media in their job search
86% of people in the first 10 years of their career are likely to use social media in their job search
SOCIAL MEDIA AND JOB SEARCHING
Employers who used social media to hire found a 49% improvement in candidate quality over candidates sourced only through traditional recruiting channels.
49%
(Source: Top Recruiting Statistics, http://blog.capterra.com/top-15-recruiting-statistics-2014/ )
• Active Social Media pages • Incorporate Employees’ voices • Branding your career site
CONSIDER THIS OPTION:
YOUR EMPLOYMENT BRANDING ACROSS THE BOARD
5 WAYS TO DEVELOP BRAND AMBASSADORS
Encourage Them Communicate the Importance Incentive Them Train Them Make It Easy
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Encourage viral photos and videos in all departments Show the real “you” on a career blog or through social posts Let employees be who they are
LET EMPLOYEES BE WHO THEY ARE
Referral candidates are
5X more likely to get hired than other candidates
EMPLOYEE REFERRALS ARE THE
#1 SOURCE FOR QUALITY NEW HIRES
Source: Staffing.org and ERE
INCREASE CANDIDATE QUALITY
“IT’S WORKED BEFORE.”
“I’M STICKING WITH THE OLD SCHOOL APPROACH: SCOURING THE WEB FOR RESUMES.”
# 5 DEADLY SIN
• Recruitment-focused technology • Recruitment platform with an intuitive interface • Platform integration
CONSIDER THIS OPTION:
RECRUITMENT TECHNIQUES AND TOOLS
Recruitment-focused technology
BEST-OF-BREED VS. THE SUITE
You’re not an HR generalist; you don’t care about benefits and payroll— you simply want automated, efficient process workflow that speaks to your everyday needs.
(Source: Best of Breed vs. Suite, http://www.jobvite.com/blog/best-breed-vs-suite-choose/
INTUITIVE INTERFACE Easy-to-use technology that’s functional will produce more candidates that are happier.
• Show them how the new technology pays off • Give them the bottom-line cost-saving & time-saving
benefit
CONSIDER THIS OPTION:
DEMONSTRATE THE VALUE
Companies with a good employer brand see an average of
22% in reduced recruitment
fees
Companies with a strong employer brand enjoy
50% cost-per-hire
savings
Source: Employer Branding Global Study Report Source: LinkedIn
SAVE MONEY WITH EMPLOYER BRANDING
STRONG EMPLOYER BRAND
High Brand Awareness
Retention
More Job Offers Accepted
Revenue Goes Up
More Quality Applicants
Lower Cost-Per-Hire
Higher Number of Referrals
POOR EMPLOYER BRAND
Low Brand Awareness
Attrition
Declined Offers
Low Productivity
Long time-to-hire
High Cost-Per-Hire
Poor Referral Programs
vs.
Source: Allegis Group Services Study, August 2012 (1,010 US Workers)
• Deliver content that candidates can relate to • Create a better application experience that’s memorable • Put yourselves in their shoes
CONSIDER THIS OPTION:
ENGAGE YOUR CANDIDATES
TOP 5 PIECES OF INFORMATION JOB SEEKERS WANT EMPLOYERS TO PROVIDE AS THEY SEARCH WHERE TO WORK:
Details on what makes the company an attractive place to work
Details on compensation packages
Details on benefit packages
Company mission, vision and values
Basic company information
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LIKE MARKETING…
To capture the most candidates, you need to make it as easy as possible for a them to apply.