HirePlug Keynote A sneak peek at Social Hiring Technology.
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Transcript of HirePlug Keynote A sneak peek at Social Hiring Technology.
Real Problems
Job Boards - Low/Average Quality Candidates, A pile of irrelevant Resumes.
Social Networks - Quality Candidates but A lot of Manual Work, No guaranteed results
High headunting costs
Referral Hiring Program - Doesn’t really work, Less than 20% Referral Hiring rate!
Cost of Bottom Performers?
Lets demonstrate the business case for bottom performers
at a 4,500+ employee call center in a
major financial services firm
Excerpted from 'Strategic Recruiting' presentation of Dr. John Sullivan. Feel free to request a copy - rajan(at)hireplug.com
Comparing top ¼ performance… to the bottom ¼
Performance = % of positive customer impacts during calls
Top ¼ employees + 61%
Upper middle + 40%
Lower middle + 27%
Bottom ¼ - 2% (Including 3x
higher customer attrition and 2x higher cost for each call)
Performance differential between the top ¼… and the
bottom ¼ = 60+ times
Excerpted from 'Strategic Recruiting' presentation of Dr. John Sullivan. Feel free to request a copy - rajan(at)hireplug.com
Now lets calculate the $ costs of low performers
Cost of errors made by the bottom ¼ - $50 million
Salary costs of bottom ¼ employees + $30 million
Stay at home with pay decision value + $20 million
What would AIG do?
Source Gallup 2001
Excerpted from 'Strategic Recruiting' presentation of Dr. John Sullivan. Feel free to request a copy - rajan(at)hireplug.com
Why Social Network Recruiting?
The Many Benefits of Social Network Recruiting: Making a Compelling Business Case
http://drjohnsullivan.com/articles-mainmenu-27/sourcing-mainmenu-29/246-the-many-benefits-of-social-network-recruiting-making-a-compelling-business-case
Making your Employee Referral Program Work Smarter
http://www.slideshare.net/beeshields/making-your-employee-referral-program-work-smarter
Hireplug’s Solution
Reach out to 'Quality' candidates on Social Networks who are not found on Job Boards.
Spread Fast on Social Media using your employees’ Social Connections from 40+ Social Networks.
Build 'Talent Pool' from your Facebook Fan Base and your Employee's Social Circles.
Boost Referral Hiring rate with ‘Automated’ Referral Hiring campaign on Social Networks.
Employee Referral tracking and candidate Source Tracking Automated and Effortless.
Hireplug Basics
Users - Recruiters, Employees (and Employees’ Friends)
Applications - Hireplug.com, ‘We Are Hiring’ on Facebook
Hireplug.com - Only for Recruiters - Post Jobs, Applicants
‘We Are Hiring’ - Recruiter, Employees (and Friends of the Employee)
Invite Credits to Add Jobs on Employees Facebook Profiles & Job Credits
Using Hireplug
Hireplug.com - Creating Account, Profile, Company Profile, Posting Job.
Installing ‘We Are Hiring’ on Facebook, Spreading jobs on Linked In, Facebook, Twitter, Hireshot Friends
Employee Referral Tracking
Applicant Tracking
“We Are Hiring” App on Facebook
Company Branded Job Board - Sits on Employees’ Facebook Profiles!
Referral Bonus visible to your employee.
Jobs Matching Employee Skills are Highlighted and displayed on the top.
Employer’s Private Branding + LOGO - The Facebook Way!
Ability to ‘Apply’ or ‘Express Interest’ - right from inside the Facebook
Benefits of Adding
Jobs posted on Hireplug.com spreads on Employees Facebook Profiles automatically.
Employees’ friends can directly Apply to your Jobs.
Employees can spread jobs on 40+ Social Networks.
Boost Employee Referral Rate
Reach Quality Passive talent found on Social Networks
Reduce Cost Per Hire and Improve 'Quality of Hire'
Viral Effect
Your Employee can share your Jobs or HireShot Friends
Your Employee’s friends can share jobs or Hireshot their friends!!
Key to Viral - Exciting Job Description and Referral Hiring Email Campaign. We run the ‘Automated’ email campaign for you - sending emails to employees etc.
Everything employee does Leads to - Company’s Private Job Board on FB
Viral Effect - Marketing Messages
Posted on Employees’ Wall - Automatically appears on his friends’ ‘News Feed’ on Facebook.
Company is Hiring Messages!
Join Company’s Talent Network.
‘Like’ Company
Hireplug Automates Talent Engagement.
Referral Tracking
Employee can Send Messages, HireShots or Share the Job with Friends!
All Employee Efforts are recorded and will be reported!
Employee can be rewarded when his friend joins the Company - An Automated Email will be sent.
Detailed Reporting is Available as per Employer needs!
Applicant Tracking
You can use existing ATS or use Hireplug’s Simplified ATS!
Applicants from Facebook - Automatically enters the ATS.
Basic Integration with Taleo exists - Deep Integration with Taleo In Progress.
Your existing ATS will work - Need to provide ‘Apply_URL’ while posting the Job. Applicant will be directed to your existing ATS Apply Page.
Value of Social Hiring
Social Network is an Asset - More the better!
Real Social Relationships Leveraged
Measurable Employee Efforts and Recruitment Sources
Job Visitors Tracked - Connect with Real Passive Talent
Measurable ROI - Measured as - Branding ROI + Hiring ROI
More Employees Involvement = More Relationships = More Social Hiring Value
Thank You
Join “Social Hiring” group on LinkedIn.
Connect with me on Facebook or LinkedIn - Rajan Chandi
Follow us on Twitter - www.twitter.com/hireplug or www.twitter.com/rajan_chandi
Get in touch with me - rajan(AT)hireplug.com