Winning in 2015: Planning for the Latest Talent Trends | Talent Connect London 2014
-
Upload
linkedin-talent-solutions -
Category
Recruiting & HR
-
view
555 -
download
5
description
Transcript of Winning in 2015: Planning for the Latest Talent Trends | Talent Connect London 2014
Winning in 2015 Planning for the latest talent trends
Luke Baxter Director of Insights, LinkedIn
Also on stage today
Allison Schnidman Research Consultant,
Kyle Black Head of TA &
Employer Branding, Mr. Price Group
Carol White UK Head of Recruitment,
WSP Group
Helen Durkin Employer Brand
Manager, Dixons Carphone
Today’s session
Share ideas for building these trends into your 2015 planning
Review top recruiting trends from LinkedIn surveys and data
Discussion with Carol White, WSP Group, Kyle Black, Mr. Price Group and Helen Durkin, Dixons Carphone
All sources LinkedIn surveys or data unless otherwise stated
Based on LinkedIn research and data analysis Five themes to build into your 2015 plan
2 Career-centric online media are core to the sourcing mix
1 Start preparing for growth and investment in 2015
3 Employer branding viewed as important but resourcing still lags
5 Improved candidate and job matching expected to reshape recruiting
4 Recruiting is now truly moving mobile
Based on LinkedIn research and data analysis Five themes to build into your 2015 plan
2 Career-centric online media are core to the sourcing mix
1 Start preparing for growth and investment in 2015
3 Employer branding viewed as important but resourcing still lags
5 Improved candidate and job matching expected to reshape recruiting
4 Recruiting is now truly moving mobile
Hiring Volume
Recruiting Budget
0
25
50
75
2011 2012 2013 2014
Percent of global recruiters projecting an increase in 2015 Global Talent acquisition set to intensify…
Hiring Volume
Recruiting Budget
0
25
50
75
2011 2012 2013 2014
Percent of global recruiters projecting an increase in 2015 Global Talent acquisition set to intensify…
Percent of recruiters projecting hiring increase in 2015 …and most European markets are optimistic
20
30
40
50
60
70
2011 2012 2013 2014
Netherlands Europe
UK
France
Percent of recruiters projecting hiring increase in 2015 …and most European markets are optimistic
UK
France
20
30
40
50
60
70
2011 2012 2013 2014
Netherlands
Europe
The global economy is expected to pick up speed … strengthening to 3.4 and 3.5 percent in 2015 and
2016, respectively.
High-income economies will contribute about half of global growth in 2015 and 2016, compared with
less than 40 percent in 2013.
World Bank Global Economic Prospects, June 2014
Preparing to grow and compete for talent in 2015 Practical points to consider in your planning
• Ensure your executive team is fully informed about increasing market demand and competition for top talent
• Apply LinkedIn data to quantify talent pools, supply-demand dynamics and trends Visit our ‘Insights’ booth to learn more
• Build your team capability, ensure that budgets include training and tools to equip your team for success
Based on LinkedIn research and data analysis Five themes to build into your 2015 plan
2 Career-centric online media are core to the sourcing mix
1 Start preparing for growth and investment in 2015
3 Employer branding viewed as important but resourcing still lags
5 Improved candidate and job matching expected to reshape recruiting
4 Recruiting is now truly moving mobile
Percent of recruiters ranking these ‘long lasting’ trends in top 3 Top trends from ‘2014 Recruiting Trends’
Trend Global Europe
Utilizing social and professional networks 37% 41%
Upgrading employer branding 33% 37%
Finding better ways to source passive candidates 26% 27%
Being a strategic talent advisor to the business 19% 17%
Boosting referral programs 17% 15%
Social professional networks
Job boards
Employee referrals
RPO's/Staffing
15
20
25
30
35
40
45
50
2011 2012 2013 2014
Percent ranking each source of hire in top 4 for ‘quality hires’ Social networks now an established source in Europe
‘Career-centric’ online media are core sources
Quantity of hires
Qua
lity
hire
s in
key
pos
ition
s
Internet job boards Social professional networks RPOs, contingency or
staffing agencies Company career website
Internal hires
Employee referral programs
Student and youth recruiting programs Internet resume
databases ATS/ internal candidate database Print/trade
journals General social media
General career fairs
CRM system Other
Diversity recruiting programs
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
0% 10% 20% 30% 40% 50% 60% 70% 80%
‘Career-centric’ online media are core sources
Quantity of hires
Qua
lity
hire
s in
key
pos
ition
s
Internet job boards Social professional networks RPOs, contingency or
staffing agencies Company career website
Internal hires
Employee referral programs
Student and youth recruiting programs Internet resume
databases ATS/ internal candidate database Print/trade
journals General social media
General career fairs
CRM system Other
Diversity recruiting programs
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
0% 10% 20% 30% 40% 50% 60% 70% 80%
0
100
200
300
400
500
600
700
0
50
100
150
200
250
300
350
Q2 2011 Q2 2012 Q2 2013 Q2 2014
LinkedIn’s talent ecosystem continues to scale
Average open jobs
(000s)
LinkedIn Members (millions)
Members
0
100
200
300
400
500
600
700
0
50
100
150
200
250
300
350
Q2 2011 Q2 2012 Q2 2013 Q2 2014
LinkedIn’s talent ecosystem continues to scale
75M new members in
the past 12 months
Average open jobs
(000s)
LinkedIn Members (millions)
Jobs
Members
Maximizing value from online sources in 2015 Practical points to consider in your planning
• Adopt a clear ROI methodology to allow optimization across sources (value not cost!)
• Align experience across jobs, company website, and LinkedIn
• Focus efforts on ‘career-centric’ sites, rather than broad-appeal audiences
• Ensure jobs are optimized for distribution, and written to work with search and recommendation engines
Based on LinkedIn research and data analysis Five themes to build into your 2015 plan
2 Career-centric online media are core to the sourcing mix
1 Start preparing for growth and investment in 2015
3 Employer branding viewed as important but resourcing still lags
5 Improved candidate and job matching expected to reshape recruiting
4 Recruiting is now truly moving mobile
Percent of recruiters in 2014 saying that ‘employer brand’ … Clear case for investment in employer brand in Europe
0
25
50
75
100
has significant impact on hiring
is a top priority has enough resources
is measured
35% 30%
70%
48%
Reach of jobs vs. employer branding touchpoints
Jobs
1 person who viewed a job at the company prior to
being hired
Followers Career Page
1.4 people were following the
company or viewed the career page prior to being hired
76% of job applicants in Europe viewed
an employee’s profile in 6 months prior
Boosting employer brand investment in 2015 Practical points to consider in your planning
• Benchmark budgets against other talent, HR, and business investments—is employer brand funded in line with importance?
• Leverage your employees as ambassadors, their profiles are another branding touchpoint
• Create a systematic content program to populate company page and followers’ feeds
Based on LinkedIn research and data analysis Five themes to build into your 2015 plan
2 Career-centric online media are core to the sourcing mix
1 Start preparing for growth and investment in 2015
3 Employer branding viewed as important but resourcing still lags
5 Improved candidate and job matching expected to reshape recruiting
4 Recruiting is now truly moving mobile
65% of job seekers in Europe use LinkedIn
on their mobile device
Percent of recruiters agreeing with these statements In 2014, European recruiters got serious about mobile
0%
25%
50%
75%
A lot of candidates learn about our opportunities on
mobile devices
Our job postings are optimized for mobile
Our career site is optimized for mobile
We have already seen a lot of candidates apply for our positions through mobile
devices
Percent of recruiters agreeing with these statements In 2014, European recruiters got serious about mobile
18%
35%
0%
25%
50%
75%
A lot of candidates learn about our opportunities on
mobile devices
Our job postings are optimized for mobile
Our career site is optimized for mobile
We have already seen a lot of candidates apply for our positions through mobile
devices
▲94%
Percent of recruiters agreeing with these statements In 2014, European recruiters got serious about mobile
18% 15%
35% 29%
0%
25%
50%
75%
A lot of candidates learn about our opportunities on
mobile devices
Our job postings are optimized for mobile
Our career site is optimized for mobile
We have already seen a lot of candidates apply for our positions through mobile
devices
▲94% ▲92%
Percent of recruiters agreeing with these statements In 2014, European recruiters got serious about mobile
18% 15%
20%
35% 29%
34%
0%
25%
50%
75%
A lot of candidates learn about our opportunities on
mobile devices
Our job postings are optimized for mobile
Our career site is optimized for mobile
We have already seen a lot of candidates apply for our positions through mobile
devices
▲94% ▲92% ▲73%
18% 15%
20% 14%
35% 29%
34%
22%
0%
25%
50%
75%
A lot of candidates learn about our opportunities on
mobile devices
Our job postings are optimized for mobile
Our career site is optimized for mobile
We have already seen a lot of candidates apply for our positions through mobile
devices
Percent of recruiters agreeing with these statements In 2014, European recruiters got serious about mobile
▲94% ▲92% ▲63% ▲73%
Good news: optimizing for mobile is easier than ever Practical points to consider in your planning
• Compose job postings for mobile: easily scannable, engaging, concise
• Have hiring managers ‘test’ on their phones, end-to-end
• Optimize downstream flows, such as company careers site and apply flow
Based on LinkedIn research and data analysis Five themes to build into your 2015 plan
2 Career-centric online media are core to the sourcing mix
1 Start preparing for growth and investment in 2015
3 Employer branding viewed as important but resourcing still lags
5 Improved candidate and job matching expected to reshape recruiting
4 Recruiting is now truly moving mobile
Top ‘upcoming’ trend for selected geographies Different countries see a different future…
Australia, India, South Africa Improved candidate & job matching
USA, Canada, Mexico & Brazil Improved candidate & job matching
Germany, Italy, Netherlands Recruiting becoming more like marketing
Belgium Remote workforce options
China Using “big data” to predict future talent needs
…but matching candidate to jobs is a focus in EMEA
Improved candidate and job
matching
Improved candidate and job
matching
Recruiting becoming more like marketing
Recruiting becoming more like marketing
Improved candidate and job
matching
Recruiting becoming more like marketing
Recruiting becoming more like marketing
Improved candidate and job
matching
Using "big data" for
predicting future talent
needs
Using in-house
marketing to advertise employee
experience
Defining and measuring
the quality of our hires
Proving ROI for our
recruiting tools
Defining and measuring
the quality of our hires
Proving ROI for our
recruiting tools
Upcoming Trend #1
Upcoming Trend #2
Upcoming Trend #3
UK Nordics Germany France Spain EMEA Avg
Recruiting becoming more like marketing
Defining and measuring
the quality of our hires
Remote workforce options
Italy Netherlands
Improved candidate and job
matching
Recruiting becoming more like marketing
Improved candidate and job
matching
Improved candidate and job
matching
South Africa Belgium MENA
Improved candidate and job
matching
Recruiting becoming more like marketing
Defining and measuring
the quality of our hires
Recruiting becoming more like marketing
Remote workforce options
Improved candidate and job
matching
Defining and measuring
the quality of our hires
Proving ROI for our
recruiting tools
Improved candidate and job
matching
Improved candidate and job
matching
Recruiting becoming more like marketing
Defining and measuring
the quality of our hires
…but matching candidate to jobs is a focus in EMEA
Improved candidate and job
matching
Improved candidate and job
matching
Recruiting becoming more like marketing
Recruiting becoming more like marketing
Improved candidate and job
matching
Recruiting becoming more like marketing
Recruiting becoming more like marketing
Improved candidate and job
matching
Using "big data" for
predicting future talent
needs
Using in-house
marketing to advertise employee
experience
Defining and measuring
the quality of our hires
Proving ROI for our
recruiting tools
Defining and measuring
the quality of our hires
Proving ROI for our
recruiting tools
Upcoming Trend #1
Upcoming Trend #2
Upcoming Trend #3
UK Nordics Germany France Spain EMEA Avg
Recruiting becoming more like marketing
Defining and measuring
the quality of our hires
Remote workforce options
Italy Netherlands
Improved candidate and job
matching
Recruiting becoming more like marketing
Improved candidate and job
matching
Improved candidate and job
matching
South Africa Belgium MENA
Improved candidate and job
matching
Recruiting becoming more like marketing
Defining and measuring
the quality of our hires
Recruiting becoming more like marketing
Remote workforce options
Improved candidate and job
matching
Defining and measuring
the quality of our hires
Proving ROI for our
recruiting tools
Improved candidate and job
matching
Improved candidate and job
matching
Recruiting becoming more like marketing
Defining and measuring
the quality of our hires
#1 Improved candidate and job matching
LinkedIn matching: right jobs, right talent, right time
Your Jobs
Profiles on LinkedIn
LinkedIn Matching Engine
New Opportunity
Recommendations
Reach passive candidates across multiple channels
xyzCo
Careers at xyzCo
Multiple delivery channels to all members
Over half of all job views on LinkedIn come through these recommended channels
Jobs are front and center in the feed on LinkedIn Mobile Matching is core to mobile experience
Quickly view, save and apply to jobs all
on mobile
LinkedIn helps candidates become more informed before they apply Applicants can prioritize best jobs for their skills
Job seekers get profile and skills comparisons to
other applicants for a given role
What we’ve heard from our users Does it work?
It is a more directly targeted audience
Hiring managers say…
…loved that it also matched my posting with
likely candidates
Surprisingly more targeted than a lot of
niche sites
Job seekers say…
The app provides good matches for my skillset
The opportunity to view my strengths against
other applicants
The features that show information about other
applicants are very helpful
Planning for a world of better job-candidate matching
• Use industry-standard titles and keywords to ensure your jobs are targeted optimally
• Analyze historical hires and performance to identify patterns and profile attributes of high quality candidates
• Track quality of applicants by source, compare matching environments to untargeted sites
Practical points to consider in your planning
Global Recruiting Trends Report: Nov 12th LinkedIn’s 4th Annual Recruiting Trends Report
Three thoughts to take into 2015 planning
Inspire your team to make data-driven business cases for investment in talent, employer brand, and capabilities 1
2 Quantify total ROI of each online channel… can be a complex analysis, but essential for planning
3 Mobile is a question of ‘what’ and ‘how’, not ‘if’