Three insights that will define your recruiting strategy in 2017 | Talent Connect 2016
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Transcript of Three insights that will define your recruiting strategy in 2017 | Talent Connect 2016
3 Insights
That Will Define
Your Recruiting Strategy
in 2017
Harry Dhebar Customer Success Manager,
Allison Schnidman Senior Market Research Manager,
Reuben Obaidullah Customer Success Manager,
Today’s
Agenda
• Introduction
• Review of global recruiting trends in 2016
• The three insights that matter in 2017
• Q&A
Review of global recruiting
trends in 2016
The important trends in 2016
Quality of
Hire
Referrals Employee
Retention
Employer
Branding
1. The current role of TA
Recruiting departments
play a crucial role in the
company’s future
Talent/ HR leaders agree that:
Talent is the #1
priority at their
company
They meet with
the C-Suite
regularly
Their team is the
key to the
company’s
workforce
planning
83%
Their team’s
work currently
influences
executive
decisions
83% 75% 73%
Quality of hire and
time to hire are still
true north metrics
What are the top three ways you measure success in
your role?
The length of
time new hires
stay at the
company
Time to hire: the
time it takes to fill
a job requisition
The satisfaction of
the hiring
managers
48% 46% 43%
Employee referrals are
the top source of quality
hires
48% 46%
34%
28%
Employee referrals3rd-party website or
online job boardsSocial professional
networksA 3rd-party recruiter/
staffing firmInternal hires
Series 1 48.00 46.00 40.00 34.00 28.00
40%
What are your top channels for quality hires?
What does this mean for
your recruiting strategy?
2. Talent Acquisition
in 2017
Most recruiting teams
won’t grow this year
How will the size of your recruiting team change over
the next year?
Decrease Stay about the
same
Increase
5% 61% 32%
What priority roles would you like to hire for on your
team?
Recruiter Marketing/employerbranding specialist
Sourcer HR Generalist Recruiting Coordinator
25%
33%
26%
24%
19%
Hiring volumes will
increase for many
companies
How do you expect your hiring volume to change over
the next year?
2013 2014 2015 2016 2012
60% 61%
39% 45%
56%
Increase
26% 18%
7% 5% 10%
Decrease
Compared to last year,
more recruiting budgets
will stay flat
How do you expect your organization’s budget to
change over the next year?
2015 2016
42% 37%
47% 52%
Increase
Stay the same
The percentage of leaders globally who say their
budgets will increase
63%
33%
54%
46%
41%
26%
24%
29%
37%
Global Average
Germany
France
Canada
Brazil
US
India
China
SE Asia
What does this mean for
your recruiting strategy?
3. The Impact of Employer
Branding
If money weren’t a
constraint, TA leaders
would invest in branding
and tools
What is the current breakdown of your recruiting
budget?
Job Ads - 30%
Recruitment Agency
Costs - 22%
Recruiting Events -
8%
Employee
Referral Program
- 9%
Recruiting Tools -
17%
Employer Branding - 8%
Other - 6%
If you had unlimited budget, where would you invest?
New
technology
Better
sourcing tools
Improving the
candidate
experience
39% 38% 30%
Training for
recruiters
29%
Employer
branding
53%
80% of talent leaders agree
that employer brand has a
significant impact on their
ability to hire great talent
What does this mean for
your recruiting strategy?
1: Learn what your TA peers are planning for in 2017
2: Benchmark yourself against your peers on key metrics
3: Understand the importance of employer brand to your
overall TA strategy
eBook available at the Insights Lounge
Q&A