global recruitment trends brought to life | talent connect anaheim
TRANSCRIPT
Our mission is to connect the world’s professionals to make
them more productive and successful.
Jeff Weiner
On Stage Today
Kate HastingsGlobal Insights DirectorTalent SolutionsLinkedIn
Stephanie BevegniContent Marketing ManagerTalent SolutionsLinkedIn
Rajeev MendirattaVice PresidentWorkforce ManagementWipro
Hanna WestGlobal Resources and Employer Brand ManagerAXA
Melissa ThompsonExecutive DirectorCitrix
My suggestions: Kim Possible
Tigger“WinniethePooh”
Eve“WALL-E”
Geppetto“Pinocchio”
Kim“KimPossible”
PinkElephants“Dumbo”
Alice“AliceinWonderland”
"Kim Possible" follows the comedic action-adventures of a typical high school girl who, in her spare time, saves the world from evil villains. Along with her best friend Ron Stoppable; his pet Rufus; and their webmaster buddy Wade, who feeds them vital information via a special Kimmunicator device, this girl-next-door turned superhero foils archenemies around the globe. Then it's back to her family and homework.
Honorable Mention
What is Global Recruiting trends?
LinkedIn’s 5th annual research report.
~4,000 talent acquisition decision makers across 40 countries on their top recruiting priorities, challenges, opportunities. ~30 global and localized reports that leaders can use to influence business decisions and craft strategies for 2016.
Four themes for your 2016 talent acquisition strategy
1
4
Prepare for a competitive marketplace in 2016
Time to double down on your employer brand
2 Quality of hire is an important differentiator
3 Your employees are your secret weapon in recruiting
2012 2013 2014 2015 20160
25
50
75
Hiring budgets and volume have been increasing…
Full-time hiring volume
Hiring Budgets
Source: LinkedIn’s 2015 Global Recruiting Trends Survey
2012 2013 2014 2015 20160
25
50
75
Budgets not keeping pace with volume, requiring scalable solutionsGrowth in volume & budgets stays elevated but flat
Full-time hiring volume
Hiring Budgets
Source: LinkedIn’s 2015 Global Recruiting Trends Survey
• As competition remains robust, ensure the that company leadership is informed
• With the gap between volume and budget, be prepared to with scalable solutions
• Engage your workforce in recruiting by utilizing their networks for referrals
Start planning now, fortune favors the bold
Measuring Quality of Hire
33%Of global TA leaders feel that their approach to
measuring quality of hire is strong
Most frequently utilized quality of hire measurements
Use turnover or retention statistics
49%
12
Use new hire performance evaluations
50%Use hiring manager satisfaction ratings
43%
Source: LinkedIn’s 2015 Global Recruiting Trends Survey
2012 2013 2014 2015 20160
25
50
Last year job boards lead for quality hires
Social Prof Networks
Job Boards
Employee Referrals
Source: LinkedIn’s 2015 Global Recruiting Trends Survey
2012 2013 2014 2015 20160
25
50
Social professional networks #1 for quality hires
Social Prof Networks
Job Boards
Employee Referrals
Source: LinkedIn’s 2015 Global Recruiting Trends Survey
Utilize company networks as great sources for quality candidatesQuantity of hires vs. quality hires by source
10% 20% 30% 40% 50% 60% 70% 80%0%
10%
20%
30%
40%
50%
Social professional networks Job boards
Employee referralsCompany career
website
Internal hiresStaffing Agencies
and RPO’s
Internet Resume databases
Internal Resume databases
Student and youth recruiting
General social mediaCareer fairsPrint
newspapers/trade journals
Company CRMDiversity recruiting programs
Quantity of hires
Qua
lity
hire
s in
key
pos
ition
s
Source: LinkedIn’s 2015 Global Recruiting Trends Survey
Referrals
2014 2015 20160
15
30
45
Long lasting recruiting trends showed little changed…
Utilizing social and professional networksElevating the employer brandBetter ways to source passive candidatesEmployee referral programs
Source: LinkedIn’s 2015 Global Recruiting Trends Survey
2014 2015 20160
15
30
45
Elevating employer brand and referrals see largest YOY increasesLong lasting recruiting trends show movement now
Utilizing social and professional networksElevating the employer brandBetter ways to source passive candidatesEmployee referral programs
53% YOY increase
15% YOY increase
Source: LinkedIn’s 2015 Global Recruiting Trends Survey
Investing in your Employer Branding
Social professional networks, employer branding and referralsTop essential long lasting trends by region
United StatesUtilizing Social Professional Networks
Brazil & South AfricaUtilizing Social Professional Networks
China & AustraliaElevating Employer Branding
Canada & the U.KElevating Employer Branding
IndiaEmployeeReferral Programs
Source: LinkedIn’s 2015 Global Recruiting Trends Survey
2012 2013 2014 20150
25
50
75
But some measure increase dramatically YOY
Investing more in employer brandMeasure employer brandWe have a unified EB strategy
11% YOY in EB
spending33% YOY in
measurement
Source: LinkedIn’s 2015 Global Recruiting Trends Survey
Retention rates are higher for those with more touch pointsInvestment in employer branding pays off
50
75
100
81
8990
92
Source: LinkedIn Website Data
• Adopt strategies for measuring quality of hire that are pertinent for your organization
• Optimize for the sources that provide high quality hires through scalable solutions
• Engage your employees in promoting your company as a place to work
Practical tips for engaging your workforce
Top themes for your 2016 talent acquisition strategy
1
4
Hiring volume and budgets: set to stay strong
Employer branding: take control of the conversations
2 Quality of hire: focus on measurement
3 Referrals: engage your workforce
GlobalRecruitingTrends2016bit.ly/grt16tc
©2015 LinkedIn Corporation. All Rights Reserved.