Recruitment trends
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Transcript of Recruitment trends
The Complexity of Recruiting a sneak peek into some key trends thatwill continue to shape the future character & complexion of
Talent SpottingThe biggest challenge for today’s recruiter is that the job of �nding talent has become more complex. The scenario augurs well for thescience of human assessment. Driven by the power of the cloud, there is a virtual explosion of new assessment tools by service providers which is shifting the “Talent Spotting” paradigm based not on brawn, brains or competencies, but on potential.
Hottest Companies in this Space
� SkillSurvey � Evolv � Kenexa-IBM� Checkster � DDI � Hogan � PREVISOR� PeopleAnswers � SHL � Wonderlic
Data Driven RecruitmentNeil Gri�ths of Futurestep, wrote in his introductory note in a seminal white paper by Dave Mendoza; “it seems the coming years will see the rise of what we call‘Futurecasting’: the ability to interrogate ‘Big Data’generated by the increasingly social digital world, and to begin basing hiring strategies and tactics on the newinsights that are created.” Recruiting is fast becoming the #1 application for Big Data in HR aka Work-force ScienceThe possibilities presented by the application of Big Data principlesin the recruitment process could include:
Digitization of RecruitmentThe interplay of social media tools, video, big data,analytics, cloud based products & mobile recruiting
platforms is creating an interesting potpourri of resources geared to enhance our ability to �nd
‘top drawer talent’. THE EXPONENTIAL GROWTHOF THE SOCIAL MEDIA, from blogs, Facebook andTwitter to LinkedIn and YouTube, is fostering a new kindof conversation between organization & job-seekers,challenging established recruiting paradigms whilecreating new opportunities for organizations to engage with their TALENT PROSPECTS, as the statisticsbelow from a Social Recruiting Survey by Jobvite in 2013 reveal
SOCIAL RECRUITMENT’S IMPACT
Social Recruiting has enhanced the way organizations find and select candidates Percentage of Improvement in
Best Social Networks
LinkedIn is the most popular platform to vet candidates, with Facebook & Twitter holding strong behind
94% 65% 55% 20% 18% 15%
LinkedIn Facebook Twitter Company Blog Google+ YouTube
Better Insights = Better Choices
Each Channel serves a niche purpose for the recruiters
Pre - Hire Assessment Tools
� Personality Tests � Cognitive Ability � Integrity � Knowledge/Skills � Situational Judgement Tests(SJT) � Simulations � Structured Interviews � Packaged Solutions � Assessment Centres � Realistic Job Previews
------------------------------------------------- � Professional Experience � Length of Professional Tenure � Speci�c Hard Skills
--------------------------------------------------- � Cultural Fit � Professional Experience � Industry - Related Posts
________________________________________________________________________________ With a variety of channels to chose, organizations have the ability to customize their messages to the platforms they are using. Most recruiters have particular uses for each social network
96% 47% Search for candidates Showcase employer brand
Recruiting Revisited: The New Recruitment ModelsThere are some de�nite emerging trends in terms of how progressive companies & some world-class recruiting organizations are re-orienting their operating models. A sneak peek at some of the new recruiting models of today
Role Specialization Enterprise Recruitment Models
Marketer
Business Partner
Workforce Planner
Community Builder
Recruitment Technologist
Outsourced Generalist
Centralized Decentralized
Social Media Expert
Direct Sourcing & Networking
BUSINESS
ALIGNMENT
Recruitment
Time to Hire 33%
Quality of Hire 49%
Candidate Quality 43%
Employee Referral 32%
Strategic Sourcing
Building Critical Talent Pipelines
Improved Workforce PlanningBest Sourcing or Advertising Channels for Hiring
Remove Biases from the Hiring Process
Recruitment is, and will remain a people centric function but its future promise to provide competitive advantage would lie more at the intersection of people with business, process, technology & organization strategy
Sources/Photo Credits: State of Social Recruiting in 2013; Jobvite wlablack: Shutterstock AuthorZooco: Shutterstock Pradeep Sahay Quka: Shutterstock