4/1/2014 1 1 TRANSFORMING TALENT ACQUISITION THROUGH SOCIAL MEDIA 1 2 3 Social professional networks are increasingly impacting quality of hire Employer branding is both a competitive threat and a competitive advantage Companies are figuring out the mobile recruiting terrain 3 most important global trends shaping the future of recruiting
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The Social Employee and the Social Enterprise in Asia
Connect, Tweet, Share, Like – Social innovations have revolutionized the way in which employees engage with their current employers, future employers and colleagues. Eric Yee explores how the social employee and the social enterprise continues to shape the way leaders need to approach their human capital management strategy.
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4/1/2014
1
1
TRANSFORMING TALENT ACQUISITION THROUGH
SOCIAL MEDIA 1
2
3
Social professional networks are increasingly impacting quality of hire
Employer branding is both a competitive threat and a competitive advantage
Companies are figuring out the mobile recruiting terrain
3 most important global trends shaping the future of recruiting
4/1/2014
2
Quality of hire
Get the right people on the
bus and in the right seat
Jim Collins
Cost to hire
Time to hire
Our Mission
Connect the world’s professionals to make them more productive and
successful
4/1/2014
3
Connecting talent with opportunity at massive scale
+
Engage the BEST talent, not just active job seekers
14
20%Semi-active
& active
80%Passive
& Super-Passive
Active CandidatesWork on their job search
Active CandidatesWork on their job search
Passive CandidatesWork on doing their jobs better
Passive CandidatesWork on doing their jobs better
15
StrategicStrategic
We are transforming the way companies engage Talent
16
Emerging
Foundational
Traditional
People Talent
ReactiveTransactional RecruitmentHigh Cost
Quantity = Active
ProactiveSourcing & BrandingEfficient & Effective
Quality = Passive
Emerging
Foundational
Traditional
Current Recruitment Trends
With hiring increasing faster than budgets, talent leaders must be more strategic with their resources
Global Hiring Volume Global Hiring Budgets
Increase
Same
Decrease
14%
27% 24%
45%
43% 48%
41%
30% 28%
0%
20%
40%
60%
80%
100%
2011 2012 2013
15%
28%21%
35%
34%
36%
50%
38%43%
0%
20%
40%
60%
80%
100%
2011 2012 2013
4/1/2014
4
Given increased hiring volumes in 2013, it’s no wonder top priorities focus on sourcing, pipelining, and hiring
2013 Hiring Volume Increase
28% 28%
38%39% 39%
41%42%
46% 46%
49%
54%
56% 56%57%
20%
30%
40%
50%
60%
43% Average
Au
stra
lia
UK
Germ
an
y
Can
ad
a
US
Bra
zil
Ind
ia
No
rdic
s
Sp
ain
Neth
erl
an
ds
Fra
nce
Italy
Ch
ina /
Ho
ng
Ko
ng
So
uth
east
Asi
a
2011 2012 2013
Internet job boards 36% 39% 38% -1%
Social professional networks 20% 26% 37% +11%
Recruitment agencies 41% 36% 35% -1%
Employee referral programs 35% 31% 35% +4%
Internal hires 32% 32% 34% +2%
Company career website 28% 31% 30% -1%
Internet resume databases 14% 13% 16% +3%
Company ATS/internal candidate database 12% 12% 13% +1%
College recruiting programs 12% 10% 11% +1%
General career fairs 4% 4% 5% +1%
Global recruiters agree: Social professional networks are the fastest-growing source of quality hires…
Increase (+) Decrease (-)Sources of Quality Hires
10,000 employees
across 5 countries
10,000 employees
across 5 countries
Largest low-cost
carrier in AsiaLargest low-cost
carrier in Asia
5 recruitment staff5 recruitment staff
Fleet of 150 aircraftFleet of 150 aircraft
152Mpassengers a year
152Mpassengers a year
Employer Branding
VS.
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5
Cost per hire is roughly HALF for companies with stronger employer brands
Think visually
Use bold images to give a real-world glimpse into your organization.
Think digitally
Whatever you say, keep it brief. online, where attention spans are shorter.
Think video
You’ll be able to engage candidates more deeply if they hear real people tell their own stories,.
Think customized
Adapt your content to viewers based on their LinkedIn profiles. Target based on job function, industry, geography, etc.
What story are you telling people about your company today?
Sony: Revitalizing the employment brand
Leveraging LinkedIn’s platform and its employees, Sony found 25%of new hires on LinkedIn in 5 months
“Every time someone clicks on one of our employees and then sees a relevant opportunity, it brings them to the business faster than we can find them”
-- Peter Moore, Talent Acquisitions Group, Sony Electronics
Employee testimonials
Employee ambassadors
Sony career page
Strategic Sourcing
and Pipelining
Job Targeting Talent Brand
Dramatically increase your hiring effectiveness
Evolving World of Mobile Recruitment
4/1/2014
6
Mobile jobs engagement is exploding
0%
5%
10%
15%
20%
25%
30%
35%
Oct '10 Oct '11 Oct '12 Oct '13
% Job Views from mobile devices
employers offer a
mobile optimized career
site for job seekers
20%employers allow
seekers to submit a mobile optimized job application
<1%
Most employers are not prepared
Who is engaging with Mobile Jobs?
mobile job viewers
are passive candidates not actively looking for a job
82%
candidates don’t search for jobs using a desktop computer
59%
With LinkedIn, your brand comes mobile optimized
Where candidates can see your jobs in their newsfeed And apply to your jobs in 3 simple steps