How Job Satisfaction Drives the Job Hunting Process

Getting Ready for the New Worldwide War for Talent How Job Satisfaction Drives the Job Hunting Process Based on Lou Adler’s  Hire With Your Head  (John Wiley & Sons, 2007)(  ©2009.  All Rights Reserved.  The Adler Group, Inc.  www.adlerconcepts.com 

Developing a Recruiting Plan Job Satisfaction Hiring Strategy and Planning Early-bird Employment Strategy Churn

A Recession-driven Business Cycle Typical Corporate Reactions 1.  Reduce hiring, tighten spend 2.  Freeze hiring, significant $$ cutback 3.  Minor RIF, major $$ cutback 4.  Major RIF, enormous $$ cutback 5.  Reevaluate & realign based on plan 6.  Revise the business plan & strategy 7.  Reorganize & process reengineering 8.  Restructure to meet new economic conditions 9. Mad Scramble!

Employment Churn  A trickle of new jobs Key Indictors starts an avalanche of •  Job satisfaction starts voluntary turnover. declining  Companies then •  Job hunting feeler activity picks up scramble to fill these unexpected replacement hiring Cause needs. •  As opportunities to meet pent-up demand arise,  Leads the pickup in total interest accelerates employment.

The Fully-employed Aren’t Looking

The Early-bird Sourcing Strategy Early‐birds  Le4overs  Explorers Tiptoers Googlers Networkers Hunters Prospect Talent Pool

How Satisfied are the Employed?

Is an Inflection Point Near? Changes in Job Satisfaction 50 45 Total 40 July 15- Aug 14 35 Aug 15-30 Pecent of Total 30 25 20 15 10 5 - Extremely Satisfied Satisfied Neither/Nor Unsatisfied Extremely Unsatisfied Level of Satisfaction

Changes in Attitude The Most Satisfied are Starting to Consider Options Absolutely Not Looking Would Consider Something if Called Slightly Looking 78% 63% 57% 51% 38% 34% 20% 18% 15% 7% 5% 0% Early August 2009 Late August 2009 Early August 2009 Late August 2009 Extremely Satisfied Satisfied

Is Employment Churn Ready to Accelerate? Super  Tiptoers  Googlers  Networkers  Explorers  Passive   Googlers  Networkers  Hunters 

The Early-bird Sourcing Strategy Action Plan •  Track survey •  Get resources •  Build pipelines •  Eliminate hurdles •  Determine “How long have you been looking? hiring ROI Be called first – Be found first – Day “-1” Use CRM for nurturing Allow for “just talking” – Don’t force “apply”

Next Steps •  Audit Mod 1 of Recruiter Boot Camp – Sept 4 •  Receive Hiring ROI Whitepaper – •  Take & track survey results –  budurl.com/survey2 –  info@adlerconcepts.com •  Join Recruiter’s Wall Blog and comment on all of this stuff: recruiterswall.com

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How Job Satisfaction Drives the Job Hunting Process

by beeshields on Sep 02, 2009

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How Job Satisfaction Drives the Job Hunting Process — Presentation Transcript