2012 canadian corporate recruiting trends

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ORGANIZATION NAME Recruiting Solutions 2012 Recruiting Trends Canada Snapshot

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Page 1: 2012 Canadian Corporate Recruiting Trends

ORGANIZATION NAME

Recruiting Solutions

2012 Recruiting Trends – Canada Snapshot

Page 2: 2012 Canadian Corporate Recruiting Trends

Methodology

May - July 2012

Surveyed 299 recruiting

professionals in Canada

with a LinkedIn profile.

All respondents:

work in a corporate HR/recruiting setting

represent an even mix of small, midsize

and large enterprises

have at least some budget authority

focus solely or significantly on recruitment

2

India: 255

Australia: 280

France: 224 Spain: 100

Germany: 97

Netherlands: 226

Nordics: 113

Italy: 99

Brazil: 226

USA: 755

Canada: 299 UK: 334

Page 3: 2012 Canadian Corporate Recruiting Trends

6 notable trends in Canada - summary

3

1. Hiring surprisingly healthy

2. The (competitive) heat is on

3. Passive talent and pipelining remain essential

4. Quality of hire the name of the game

5. Employer branding the hot topic

6. Data-driven decision making is Achilles heel

Page 4: 2012 Canadian Corporate Recruiting Trends

1. Hiring surprisingly healthy

Page 5: 2012 Canadian Corporate Recruiting Trends

Among those who are hiring, over 40 percent seeing

volume increase in 2012

Hiring same

Hiring less

“Considering only full and part-time professional employees, how do you

expect the hiring volume across your organization to change this year?”

5

13% 18%

41% 42%

46% 41%

0%

20%

40%

60%

80%

100%

2011 2012

15% 28%

35%

34%

50% 38%

0%

20%

40%

60%

80%

100%

2011 2012

Hiring more

Page 6: 2012 Canadian Corporate Recruiting Trends

Budget growth almost in line with hiring growth

“How has your organization's budget for recruiting solutions changed from last year?”

6

13% 19%

49% 44%

38% 37%

0%

20%

40%

60%

80%

100%

2011 2012

14% 27%

45%

43%

41% 30%

0%

20%

40%

60%

80%

100%

2011 2012

Same

Decrease

Increase

Page 7: 2012 Canadian Corporate Recruiting Trends

2. The (competitive) heat is on

Page 8: 2012 Canadian Corporate Recruiting Trends

Biggest obstacles to attracting top talent

Competition 1 48% 1 41%

Compensation 2 41% 2 39%

Lack of awareness or interest in our employer brand 3 24% 3 25%

Location 4 23% 4 25%

Recruiting team too small 5 16% 5 15%

Recruiting team doesn't have the right tools/systems 6 14% 6 13%

Lack of awareness that we're hiring 7 12% 7 12%

Inability to effectively use data to improve our approach 8 9% 8 9%

Quality of talent currently at our company 9 7% 9 7%

Recruiting team skills 10 6% 11 4%

Company performance 11 5% 10 6%

Other 10% 11%

Top Canadian obstacles to attracting top talent reflect

highly competitive landscape

8

Page 9: 2012 Canadian Corporate Recruiting Trends

Chief competitive threats

Learn to use social networking and social media more

effectively

Build and nurture strong talent pools or pipelines

Invest in employer brand

Recruiting leaders in Canada are most concerned their

competitors will…

Page 10: 2012 Canadian Corporate Recruiting Trends

Similarities between competitive threats and top long-

term trends

Top long-lasting trends

Utilizing social and professional networks 1 41%

Finding better ways to source passive candidates 2 38%

Upgrading employment branding 3 27%

Training recruiters and hiring managers 4 24%

Boosting referral programs 5 22%

Optimizing your career site 6 20%

Recruiting globally 7 18%

Measuring quality of hire more consistently 8 17%

Reducing dependence on traditional job boards 9 15%

Revitalizing corporate jobs/career sites 10 12%

Using CRM technology to manage talent leads 11 12%

Reducing spend on staffing firms 12 12%

10

Page 11: 2012 Canadian Corporate Recruiting Trends

Recruiting through the eyes of Canadian talent

acquisition professionals

11

“Recruiting is…”

Page 12: 2012 Canadian Corporate Recruiting Trends

3. Passive talent and pipelining remain essential

Page 13: 2012 Canadian Corporate Recruiting Trends

60%

40%

Passive talent

Passive talent a focus

Passive talent not a focus

79%

21%

Pipelining talent

Engaged in pipelining talent

Not engaged in pipelining talent

Most believe in the importance of passive talent and

the practice of pipelining talent

13

Page 14: 2012 Canadian Corporate Recruiting Trends

4. Quality of hire the name of the game

Page 15: 2012 Canadian Corporate Recruiting Trends

Quality of hire is the single most important metric for

corporate recruiters; cost per hire surprisingly low on list

Single most important recruiting metric

Quality of hire 1 40% 1 45%

Time to fill 2 28% 3 21%

Hiring manager satisfaction 3 25% 2 22%

Other 4 4% 5 3%

Cost per hire 5 3% 4 8%

15

Page 16: 2012 Canadian Corporate Recruiting Trends

Fastest-rising source of quality hires: company career

site; Fastest falling: legacy job boards, internal hires

Best sources for key quality hires Biggest YoY

changes

Company career website 1 44% +11%

Employee referral programs 2 39% +4%

Internal hires 3 39% -7%

Social professional networks (e.g. LinkedIn) 4 31% +4%

Internet job boards 5 30% -7%

Recruitment agencies 6 17% -5%

Your ATS/internal candidate database 7 12%

Internet resume databases 8 12%

College recruiting programs 9 9%

General career fairs 10 7%

Your CRM system 11 4%

Print newspapers/trade journals 12 3%

16

Page 17: 2012 Canadian Corporate Recruiting Trends

5. Employer branding is the hot trend

Page 18: 2012 Canadian Corporate Recruiting Trends

Employer brand seen as critical in hiring great talent

88% 83%

75% 69%

18

Agree that employer brand has

significant impact on ability

to hire great talent

Agree that employer brand is

a top priority for their

organization

Page 19: 2012 Canadian Corporate Recruiting Trends

Despite the climate of ‘more with less’, companies

investing in employer branding – especially in Canada

99% Increasing (53%) or

maintaining (46%) their

investment in employer

brand in 2012 91%

19

Page 20: 2012 Canadian Corporate Recruiting Trends

6. Data-driven decision making is Achilles heel

Page 21: 2012 Canadian Corporate Recruiting Trends

Despite its importance, measurement of employer

brand inconsistent

35%

25%

33%

32%

21

Regularly survey candidates

to understand employer brand

position

Regularly measure the health

of employer brand in a

quantifiable way

Page 22: 2012 Canadian Corporate Recruiting Trends

In general, talent acquisition must become more data-

driven in order to lead the business

28%

72%

26%

74%

22

Believe their organization

utilizes data well to make

hiring decisions

Believe they are average,

or poor at using data to

make hiring decisions

Page 23: 2012 Canadian Corporate Recruiting Trends

6 notable trends in Canada - summary

23

1. Hiring surprisingly healthy. Despite macro trends, hiring in Canada is relatively strong.

Over 40 percent say hiring volume up from 2011; another 42 percent hiring at same rate.

Budgets appear to be trending roughly in line.

2. The (competitive) heat is on. Competition and compensation are cited as biggest

obstacles to hiring top talent; respondents are most worried their competitors will learn to

use social platforms more effectively, pipeline talent, and invest in employer branding.

3. Passive talent and pipelining remain essential. 60 percent say passive talent is a focus,

and almost 80 percent do some form of talent pipelining.

4. Quality of hire the name of the game. 40 percent cite quality of hire as most critical metric;

career sites, employee referrals, and professional networks are rising as quality sources.

5. Employer branding the hot topic. 88 percent agree employer brand has a significant

impact on ability to hire great talent; 75 percent say it’s an organizational priority. And an

incredible 99 percent are either increasing or maintaining employer brand investment.

6. Data-driven decision making is Achilles heel. Despite the importance of employer

branding, 35 percent regularly measure, and only 25 percent survey candidates. Only 28

percent say they use data well to make hiring decisions.

Page 24: 2012 Canadian Corporate Recruiting Trends

Additional resources

http://talent.linkedin.com

24

On how to dial up your

recruiting impact on

LinkedIn

http://talent.linkedin.com/passivetalent On how to recruit

passive talent

On best practices in

employer branding COMING SOON

Follow us @hireonlinkedin

Read our blog

See more research

http://lnkd.in/talent-blog

http://lnkd.in/hireonlinkedin

Page 25: 2012 Canadian Corporate Recruiting Trends

Sampling and methodology

Survey fielding occurred between late May and late July 2012

N=299 talent acquisition professionals located in Canada, who

– work in a corporate HR/Talent Acquisition department

– have at least some authority in determine their company’s recruitment solutions budget

– focus exclusively on recruiting, manage a recruiting team, or are HR generalists who spend

more than 25 percent of their time recruiting

Comparisons to 2011 data are taken from 2011 Global Hiring Trends research, which

fielded between late April and early June, 2011

– n=290 talent acquisition professionals with identical sampling criteria and methodology to 2012

Global numbers are reported as un-weighted

averages of corporate recruiter responses from the

following countries:

– Australia, Brazil, Canada, France, Germany, India,

Italy, Netherlands, Nordics (Norway, Sweden,

Denmark, Finland), Spain, UK, & US

Participants are members of LinkedIn who have

opted to participate in research studies. They were

selected based on information in their LinkedIn profile

and were contacted via email.