“ Recruiting in a Down Economy” Hosted By: David Freeman Talent Management Solutions Consultant Cytiva Software Inc.

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“ Recruiting in a Down Economy” What challenges are being created by the current economic environment and how to overcome them How to create an effective sourcing plan to build a pipeline of high-quality applicants and how to effectively manage the pipeline How to leverage your existing resources for improved results

What challenges are being created by the current economic environment and how to overcome them

How to create an effective sourcing plan to build a pipeline of high-quality applicants and how to effectively manage the pipeline

How to leverage your existing resources for improved results

“ Recruiting in a Down Economy” 8,500,000 8.5M Eight Million Five- Hundred Thousand

8,500,000

“ Recruiting in a Down Economy” Unemployment rate at 5.5% according to the Bureau of Labor Statistics 8,500,000 people currently unemployed 34% of employers have reported a decrease in hiring activity (Harris Interactive) WRONG!

Unemployment rate at 5.5% according to the Bureau of Labor Statistics

8,500,000 people currently unemployed

34% of employers have reported a decrease in hiring activity (Harris Interactive)

“ Recruiting in a Down Economy” Why is it tougher to hire? Candidates flooding the job boards Higher quality candidates afraid to make a change Competition more aggressively pursuing top talent Competition ramping up retention efforts

Candidates flooding the job boards

Higher quality candidates afraid to make a change

Competition more aggressively pursuing top talent

Competition ramping up retention efforts

“ Recruiting in a Down Economy” Have a plan! Evaluate your current retention plan Establish a sourcing plan that will allow you to attract the right applicants Leverage your existing assets

Evaluate your current retention plan

Establish a sourcing plan that will allow you to attract the right applicants

Leverage your existing assets

“ Recruiting in a Down Economy” Evaluate your retention plan! Be careful not to cut too many benefits Avoid “freezing” merit increases Avoid a general “hiring freeze” Assess the skills of existing employees Go the extra mile to praise and reward performance – one-on-one’s

Be careful not to cut too many benefits

Avoid “freezing” merit increases

Avoid a general “hiring freeze”

Assess the skills of existing employees

Go the extra mile to praise and reward performance – one-on-one’s

“ Recruiting in a Down Economy” Evaluate your retention plan! Consider changes to lessen the economic burden on your employees Focus on improved productivity Do an excellent job of onboarding, orientation, training, development and evaluation!

Consider changes to lessen the economic burden on your employees

Focus on improved productivity

Do an excellent job of onboarding, orientation, training, development and evaluation!

“ Recruiting in a Down Economy” Establish a sourcing plan! Great time to freshen up your corporate career site Re-brand your job ads Strengthen your employment brand Take advantage of your #1 source (ERP) Identify flailing industries and go after top performers

Great time to freshen up your corporate career site

Re-brand your job ads

Strengthen your employment brand

Take advantage of your #1 source (ERP)

Identify flailing industries and go after top performers

“ Recruiting in a Down Economy” Establish a sourcing plan! Leverage tools to weed through large volumes of applicants Take time to redefine required skills/ideal employee profiles Network, Network, Network Streamline your hiring process, but don’t be afraid to wait for top performers Strengthen your focus on selling opportunities vs. recruiting

Leverage tools to weed through large volumes of applicants

Take time to redefine required skills/ideal employee profiles

Network, Network, Network

Streamline your hiring process, but don’t be afraid to wait for top performers

Strengthen your focus on selling opportunities vs. recruiting

“ Recruiting in a Down Economy” Leverage your existing assets! Recruiting Analyze your recruiting effectiveness Take advantage of this time to strengthen your recruiting team Allow recruiters to take on new assignments such as; employment branding, building your retention plan, improving your hiring process, developing existing talent, etc

Recruiting

Analyze your recruiting effectiveness

Take advantage of this time to strengthen your recruiting team

Allow recruiters to take on new assignments such as; employment branding, building your retention plan, improving your hiring process, developing existing talent, etc

“ Recruiting in a Down Economy” Leverage your existing assets! Technology Put your current technology to use Consider additional resources that can reduce costs, improve performance, etc Reallocate online recruitment advertising dollars

Technology

Put your current technology to use

Consider additional resources that can reduce costs, improve performance, etc

Reallocate online recruitment advertising dollars

“ Recruiting in a Down Economy” Leverage your existing assets! People Continue to train and develop Build a strong succession plan & demonstrate a commitment to internal growth Take advantage of opportunities to strengthen the team ERP, I can’t say it enough!

People

Continue to train and develop

Build a strong succession plan & demonstrate a commitment to internal growth

Take advantage of opportunities to strengthen the team

ERP, I can’t say it enough!

“ Recruiting in a Down Economy” Have a plan! Evaluate your current retention plan Establish a sourcing plan that will allow you to attract the right applicants Leverage your existing assets

Evaluate your current retention plan

Establish a sourcing plan that will allow you to attract the right applicants

Leverage your existing assets

Cytiva’s Free Webinar series Sourcing Talent in a Time of Scarcity - 8/14/08 10-11 AM PDT Getting the Most Out of Your Recruiting Investment - 9/11/08 10-11 AM PDT Six Steps To Implementing Performance Management Software - 9/18/08 10-11 AM PDT Interview Techniques and Strategies for Hiring top Performers - 10/09/08 10-11 AM PDT Retention: The Key to a Successful Recruiting Plan - 11/20/08 10-11 AM PT Register at: www.sonicrecruit.com/company/events.htm

Cytiva’s Free Webinar series

Sourcing Talent in a Time of Scarcity

- 8/14/08 10-11 AM PDT

Getting the Most Out of Your Recruiting Investment

- 9/11/08 10-11 AM PDT

Six Steps To Implementing Performance Management Software

- 9/18/08 10-11 AM PDT

Interview Techniques and Strategies for Hiring top Performers

- 10/09/08 10-11 AM PDT

Retention: The Key to a Successful Recruiting Plan

- 11/20/08 10-11 AM PT

Register at: www.sonicrecruit.com/company/events.htm

“ Building an Effective Referral Program to Source Quality Hires” Cytiva Software Inc. offers a wide variety of products and services to help you get the most out of your recruiting efforts. Talent Acquisition System Custom career sites Employee referral management Career agents Ad posting and tracking Manager self-service Contact management/Outlook integration EEO/OFCCP compliance Vendor Management Module Onboarding Module Hourly Recruiting System Consulting SonicPerform Performance Management System To learn more contact: David Freeman Talent Management Solutions Consultant 877-775-0888 www.sonicrecruit.com

Cytiva Software Inc. offers a wide variety of products and services to help you get the most out of your recruiting efforts.

Talent Acquisition System

Custom career sites

Employee referral management

Career agents

Ad posting and tracking

Manager self-service

Contact management/Outlook integration

EEO/OFCCP compliance

Vendor Management Module

Onboarding Module

Hourly Recruiting System

Consulting

SonicPerform Performance Management System

To learn more contact:

David Freeman

Talent Management Solutions Consultant

877-775-0888

www.sonicrecruit.com