Social Networks, new challenges, new opportunities

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Social recruiting: How to use social networks to find talents.

Transcript of Social Networks, new challenges, new opportunities

April 12, 2023

Social Networks, new challenges, new opportunitieshow to use social networks to find talents

Hervé Peitrequin

• Time Magazine Person of the year Mark Zuckerberg

Social Networks

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Slide 2

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Slide 3

Social networks: what changed during the last 5 years?

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The top web sites by traffic in 2010are social networking or search oriented

Rank 2005 2010

1 Yahoo Google

2 Microsoft Facebook

3 MSN Youtube

4 Google Yahoo!

5 AOL Windows Live

6 eBay Baidu

7 Mapquest Wikipedia

8 Amazon Blogger

9 Real MSN

10 Weather channel QQ

Source: Techcrunch

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2005 social networks = teenager parties

2010 researches are able to predict the spread of epidemics or the evolution of the Dow Jones through social networks

Nicholas Christakis at Harvard Medical has found ways to predict an epidemic of flu 16 days before its outbreak with data from social networks

Johan Bollen from MIT has predicted with 87% accuracy the evolution of the market by analyzing the moods of millions of Tweets

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The idea: people have influence on each other

So should we trust collective intelligence?

Consumers where asked to create new milkshakes. The combination that came out was Banana Bacon Marshmallow.

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A definition of social media

« All web 2.0 to me is a set of technology that enables collaboration »

John Chambers, Cisco CEO

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People interact online on many platforms, the whole web is becoming a collaborative experience

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Some data

2010: Social networks is by far the Nr 1 activity online

Top 10 Sectors by Share of U.S. Internet Time

RANK CategoryShare of TimeJune 2010

Share of TimeJune 2009

% Change inShare of Time

1 Social Networks 22.7% 15.8% 43%

2 Online Games 10.2% 9.3% 10%

3 E-mail 8.3% 11.5% -28%

4 Portals 4.4% 5.5% -19%

5 Instant Messaging 4.0% 4.7% -15%

6 Videos/Movies** 3.9% 3.5% 12%

7 Search 3.5% 3.4% 1%

8Software Manufacturers

3.3% 3.3% 0%

9Multi-category Entertainment

2.8% 3.0% -7%

10 Classifieds/Auctions 2.7% 2.7% -2%

Other* 34.3% 37.3% -8%

Source:Nielsen NetView – June 2009-June 2010*Other refers to 74 remaining online categories visited from PC/laptops**NetView’s Videos/Movies category refers to time spent on video-specific (e.g., YouTube, Bing Videos, Hulu) and movie-related websites (e.g., IMDB, MSN Movies and Netflix) only. It is not a measure of video streaming or inclusive of video streaming on non-video-specific or movie-specific websites (e.g., streamed video on sports or news sites).

Source: The Nielsen company, June 2010

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With more than 500 million members, Facebook is the Nr 3 country in the world in terms of population

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Source: Wikipedia

Facebook has more pageviews than Google

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Source: Alexa

Facebook population’s age is well spread

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Source: Mashable

Linkedin and Xing

Source: *Techcrunch, ** Xing

Linkedin* Xing**

World 85 mio 10 mio in DACH

Switzerland 0.4 mio 0.5 mio

Age 40+ 35+

University degree 80% 61%

Target World German sp.

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Linkedin has skyrocketed in traffic compared to Monster and Indeed

Source: Alexa

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Social networks in Switzerland

2’500’000

350’000

500’000

400’000

45’000

Facebook

Netlog

Xing

Linkedin

Viadeo Source: Compilation of data from social networks internal data , press, google ad planner . Sept 2010

Number of users

in Switzerland

+120%

+85%

+90%

-10%

+10%

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The collaborative web is a major shift for communication between companies and their stakeholders

Anyone can produce information and reach more people than ever before

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Consumers are submerged by information and rely more on others to make choices

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The new communication model is a dialogue

85%* of social networks users believe a company should interact with its customers on social media

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Source: *Cone, 2009

What about job seekers?

The long tail theory applied to job ads

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Cos

t of

dist

ribu

tion

Number of jobs published

1990 2000 2010

?

Job seekers now have multiple ways to come in contact with new jobs and so it becomes harder to reach them

Job aggregatorsJob boards

Company websites

Social networksJob agencies

Companies review

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Job aggregators link with social networks so the candidate can see who can help secure the job in the company

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The example of Adecco Switzerland

From a company oriented market

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Slide 29

to a candidate oriented market

High flyer

Candidate is looking for information

One to one

One to one+ passive information

How can we bring jobs to candidates when they are not looking for us?

Passive candidate

?

Active candidateSocial networks

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Recruiting on the web, the candidate conversion funnelFinding the right mix between paid and earned channels

Candidates

Placements

BLOG

Where are we heading in 2011?

Multiply our sourcing methods

Develop the candidate social experience with Adecco

Improve our use of social networks

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VIDEO

Best practises

Microsoft CareersBringing insights on what it’s like to work at the company

T-MobileAllow for candidates to search jobs directly inside Facebook

Bertelsmann CareersMultiplying points of contact with candidates

Accenture CareersOpen new communication channels to recruit 40’000 new employees in 2010

Ernst & Young CareersAllow potential employees to interact with the company during the application process

A few advice for social recruiting on the web

81% of companies don’t have a clear social media recruiting strategy.

Better do nothing than doing things badly on the web.

Ask yourself what type of experience you should offer to your candidates.

Polish your own profile first on social networks.

Don’t interpret internet job search under your own prism, every user has different habits.

Thank you!

http://ch.linkedin.com/in/hervepeitrequin

https://www.xing.com/profile/Herve_Peitrequin

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