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#SourceIn Moneyball for Recruitment Kevin Showkat Senior Insights Analyst, LinkedIn Leveraging Data to Maximize Your Impact
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Moneyball for Recruitment

Oct 21, 2014

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Page 1: Moneyball for Recruitment

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Moneyball for Recruitment

Kevin Showkat Senior Insights Analyst, LinkedIn

Leveraging Data to Maximize Your Impact

Page 2: Moneyball for Recruitment

Let’s get to know the attendees

Most Popular

Most Endorsed

Earliest Adopter

Most Connected

Dan Carney

Philip Bartfield

Jesse Marrus

Taj Haslani

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In Moneyball data transformed baseball

3

Page 4: Moneyball for Recruitment

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In Moneyball data transformed baseball

4

Page 5: Moneyball for Recruitment

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In Moneyball data transformed baseball

5

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It’s time for data to transform Recruitment

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We search for the right candidate but it

turns out another bigger firm caught the

fish faster.

“ “

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LinkedIn data continues to grow larger

9

Starting with the profile

Broader

238M+ Members

Deeper Real-Time

Breakdown by geo, function, etc. Constantly updating

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Put in practice

Plan

Prioritize

Today let’s discuss using LinkedIn data for 3 Ps

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Page 11: Moneyball for Recruitment

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How to:

Plan

Prioritize

Put in practice

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Let’s use Morgan Stanley as an example

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Start by sizing up the talent pool to set expectations with clients

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Recruiter can measure the talent pool

14 4 talent pool

Greater New York City Area

J.P. Morgan

3 to 5 years

Master of Business Administration

VP

Investment Banker

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Recruiter can measure the talent pool

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Page 16: Moneyball for Recruitment

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Recruiter can measure the talent pool

16 4 talent pool

Greater New York City Area

Master of Business Administration

VP

Investment Banker

566

Page 17: Moneyball for Recruitment

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Our strategic customers look at talent pool reports

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•  Recruiter can show supply of talent

DEM

AN

D

SUPPLY

Los Angeles

Chicago NYC

•  Now we can look at demand for talent

•  This helps identify markets for talent

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We run surveys to identify what the talent pool is looking for so you could tailor messaging

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Excellent compensation & benefits Job security

Strong career path Strong employee development

Challenging work

High Importance

Low Importance

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You can now all measure this through Talent Pool reports

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1)  Healthcare providers

2)  Technical salespeople

3)  Software engineers

4)  Financial services

5)  Marketing – CPG

6)  Drilling & petroleum

7)  Procurement & supply

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You can find the Talent Pool reports at:

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lnkd.in/plan

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How can you use data to plan?

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Set expectations with clients 1

Act as an advisor to clients on hireability of certain markets

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How to

Plan

Prioritize

Put in practice

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Once you’ve identified the right people, are they interested in you?

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Let’s look at JEG Search as an example

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Your employees are engaging talent every day; mobilize them as brand ambassadors

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6,576 Potential placements view JEG’s employee profiles yearly

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Your company page draws in talent

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1,083 Engaged Talent following JEG

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We first assess two important elements of your talent brand: Reach and Engagement

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Talent Brand Index can measure your talent brand What percent of people who know about you show an interest?

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We can compare your Talent Brand Index against your peers

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PEERS

A

B

C

D

E

F

62%  

26%  

15%   15%   13%   13%  

5%  

JEG

1 of 7

Weaker firm brand

Stronger firm brand

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Talent more difficult to engage

Talent easiest to engage

We can measure how your Talent Brand Index varies across the functions you’re placing…

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Engaging talent at all touchpoints can help “warm up” potential placements, according to an analysis of 2.6M InMails

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How can you use data to prioritize?

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Identify potential placements 1

Benchmark against peers 2

Diagnose strengths / weaknesses 3

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How to:

Plan

Prioritize

Put in practice

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Start using data & keep it simple

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What is the size of your talent pool?

How well are you engaging that talent?

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Should you create a new workflow?

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NO!

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Integrate and enhance your existing workflow

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Look at the data to:

1)  Plan based on the size of the talent pool

2)  Prioritize engaged talent

Ask for the data:

1)  How big is the talent pool?

2)  How many candidates are we engaging?

Recruiter

Client

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You should now know how to use data to:

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Put in practice

Plan

Prioritize

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