becoming an employer of choice in a fiercely competitive talent market

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Presentation from the ERE Expo 2011 Fall, presented by Steve Cadigan.

TRANSCRIPT

Page 1: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Enter  to  Win  a  Kindle  Update Your LinkedIn Profile Status with #LinkedInatERE

Can’t access the web from your phone? No worries – leave a business card with a LinkedIn rep on your way out and we’ll be happy to include you in the drawing.

Winner will be notified on LinkedIn via InMail.

Page 2: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions Recruiting Solutions Recruiting Solutions

Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Steve Cadigan, VP of Talent, LinkedIn

Page 3: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Agenda

§  The New Recruiting Reality §  Growth at LinkedIn §  Rising to the Challenge

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Page 4: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions 4

Page 5: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

What You’ve Read is True

Tech startups face stiff competition for talent – Reuters The “War” For Top Talent In Silicon Valley – The Wall Street Journal Silicon Valley Hiring Perks: Meals, iPads and a Cubicle for Spot – NYTimes.com

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Page 6: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions 6

Page 7: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Agenda

§  The New Recruiting Reality §  Growth at LinkedIn §  Rising to the Challenge

7

Page 8: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

120,000,000+ registered members (as of August 4, 2011)

The globally connected professional network

4M+

48M+* 26M+

4M+

10M+

2M+

1M+

2M+

2M+

1M+

2M+ 6M+

2M+

8

*As of June 30, 2011

Page 9: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Our mission Connect the world’s professionals to make

them more productive and successful

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Page 10: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Our vision Create economic opportunity for every

professional in the world

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Page 11: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

How we’ll do it

Connect talent with opportunity at massive scale

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Page 12: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Member Growth in Millions Over 50% of members are now international The image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted. Restart your computer, and then open the file again. If the red x still appears, you may have to delete the image and then insert it again.

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2 4 8

17

32

55

90

2004 2005 2006 2007 2008 2009 2010

LinkedIn Members (Millions)

120M+ *

*as of August 4, 2011

Page 13: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Staff growth since 2003

Population by Year

14 33 44 69197

338480

990

1515

0

200

400

600

800

1000

1200

1400

1600

2003 2004 2005 2006 2007 2008 2009 2010 2011

© 2007 LinkedIn All rights reserved. 13

*As of 6/30/2011

*

Page 14: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Tenure of current headcount

© 2007 LinkedIn All rights reserved. 14

*As of 6/30/2011

990

0

500

1000

1500

2000

Headcount tenure

Over 1/3 of employees have been here less than 1 year

1515*

2010 2011

Page 15: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Incredible Competition for Tech Talent

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Page 16: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

HR challenges

§  Competing for the best talent in Silicon Valley –  Intense competition for top technical talent –  Deep pocketed competitors

§  Hyper Growth –  Keeping focused on top talent and quality in recruiting –  Ongoing integration of new staff –  Strain on whole organization to recruit and onboard –  New players, new countries, new policies –  Laying a scalable foundation –  Growing a business while leaders must also focus on:

§  Recruiting, On Boarding, Training – setting team up for success

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Page 17: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Agenda

§  The New Recruiting Reality §  Growth at LinkedIn §  Rising to the Challenge

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Page 18: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Rising to the challenge - Talent

§  Talent is our #1 operating priority as a company –  We review progress regularly

§  Engage the whole company –  Active referral network –  Many hires sourced by hiring managers

§  Clearly communicate our differentiators –  Impact, size, culture, talent, growth opportunity –  Internships

§  “Drinking our own champagne”

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Page 19: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Our Recruiting Solutions

LinkedIn Jobs

LinkedIn Recruiter Talent Direct

Recruitment Ads Career Pages

Talent Acquisition

Brand & Media

Work with us!

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Page 20: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Rising to the challenge - Growth

§  Communication is vital –  Bi-Weekly all-hands meetings (Top Down)

§  Hosted by CEO §  Humor and Transparency §  Where are the elephants?

–  “Company Groups” (Bottoms Up & Across) §  Everyone has a voice §  Issues are addressed quickly §  Self governance

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Recruiting Solutions 21

Page 22: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions 22

Page 23: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Rising the the challenge - Culture

§  Everyone is building our culture of transformation §  Living what our products enable: purpose-driven

–  Connecting talent with opportunity §  Work space IS important §  Rare and special opportunity

–  InDays and Hack Days –  Speaker Series –  Celebrations –  Conference room names, food choices, Tshirts….

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Page 24: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

InDay – key part of our culture §  Time to think!

§  Think about new ideas, strategies, solutions, ways to tackle existing problems

§  Teamwork §  Form closer relationships across the company

§  Making this part of who we are §  The spirit of “Hack days” §  Innovation, creativity, collaboration §  Across teams and departments §  Includes product and technical innovation, but broader and applicable

to all areas of expertise

§  Several Options §  My InDay §  InDay Double Down §  Step back and catch up – recharge §  Speakers & themes

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Page 25: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Intern Hack Day

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Page 26: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

InDay &TechTalk Speakers

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Page 27: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Celebrate Often

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Recruiting Solutions

Celebrate Often

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Page 29: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Celebrate Often

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Recruiting Solutions

LinkedIn Career Page

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Recruiting Solutions

Engineering Microsite

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Recruiting Solutions

Employee Blog Posts

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Page 33: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Lessons Learned

§  Access to Sr. Leadership is key §  People want their voices heard

–  Loudly in some cases §  Let your staff build the culture

–  “live the culture you want” §  Resist the inertia to create levels §  Bi-weekly reminders of priorities and measuring

results keeps focus

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Page 34: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Recruiting Solutions

Page 35: Becoming an Employer of Choice in a Fiercely Competitive Talent Market

Enter  to  Win  a  Kindle  Update Your LinkedIn Profile Status with #LinkedInatERE

Can’t access the web from your phone? No worries – leave a business card with a LinkedIn rep on your way out and we’ll be happy to include you in the drawing.

Winner will be notified on LinkedIn via InMail.