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How2Hire Klout
 

How2Hire Klout

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  • Empowering everyone to unlock their influence. We come to work every day inspired to help people understand the power of their voices and democratize influence.
  • Klout ingests and analyzes the activity and data to determine your Klout score – or your ability to drive action. The scale ranges from 1 to 100, and is comprised of …Score is …Number of connections, followers, friends, etc.Number of engage/influenced connections, followers, friends, etc.Number of unique engagements/influence Score of unique engagements/influenceAccomplishments - LinkedInOffline influence – WikipediaWe also understand what Topics you are most influential inIn doing so, we can also surface your most influential moments Scoresbased on the ability to drive action.Topicsthat each user is influential about andMomentsthat influenced the people in your networks
  • Identify the right people, engage them with unique product offering and brand experiences, and harnesses their passion to drive awareness and favorability

How2Hire Klout How2Hire Klout Presentation Transcript

  • “Using Data to Track Hiring Success” September 26, 2012
  • How2Hire Speaker SeriesPresented by The ResumatorThe Resumator is the recruiting platform that helps employershire with confidence through: • Industry leading hiring software • Community of entrepreneurs and HR thought leaders • Original How2Hire content • Access to leaders at fast-growing companies v
  • Hootan AtalfiTalent Acquisition@Hootech v
  • Today’s agendaUsing Data to Track Hiring Success• Transitioning from third party recruiters• Establishing recruiting processes that scale• Implementing hiring tools• Tracking metrics that matter• Communicating results v
  • Klout DISCOVER AND BE RECOGNIZED FOR HOW YOU INFLUENCE THE WORLD. v
  • Connected World
  • Influencer Activation: Programmatic Harness influencers to generate earned media and drive brand loyalty and discovery Identify Engage Understand 7
  • Klout’s Enormous Scale 8 proprietary data enhancement algorithms 13 social networks processed every day 120 terabytes of user data stored 200,000 indexed users added every day 310,000,000 users in the Klout influence graph 12,000,000,000 social signals processed every day 30,000,000,000 API calls delivered every month v
  • People & CultureKloutlaws: + Work hard. + Ride or die. + Get shit done. + Blazetrails v
  • Klout• Startup culture – innovative and filled with risk takers• Unique product -- big data, consumer, mobile, ads, perks analytics• Competitive hiring market – fast-moving startups and established big data giants like Google, Amazon, and Ebay• No viable screening process to evaluate candidates – hiring was based on conversations• Outside recruiting costs were skyrocketing• Work product was low• No University Program• Goal – grow from 40 to 120 in 1.5 years – Engineering will triple• Raise the bar v
  • Transitioning from Third Party Recruiters• Won’t happen overnight• Get organized about who is sending what – The Resumator makes this easy• Quality is the key• Build out a sourcing strategy as soon as possible• Build out a creative social marketing strategy• Build and brand your ERP• Track your data/sourcing efforts – be meticulous and timely• Keep track of costs• Don’t cut recruiters off entirely even when you have viable pipeline but restrict their submissions - keep organized• Resumator helps with all phases and helps with the Source/Cost metrics v
  • Build a Recruiting Process that Scales • Create a system that can scale and is lightweight and flexible • Must be reproducible, repeatable, efficient and fast • Must be structured to keep the candidate bar high • Choose an applicant tracking system (ATS) that is easy to use and everyone will actually use • We chose the Resumator because of its ease of use and customization • Maintain the data – use the ATS – Resumator has helped – we track all of our data in the system and use it to extract the data for our reporting • Build out University v
  • University• Great way to brand your company• Future hires who get your culture and work ethic• Quick way to staff up and build something that will quickly scale• Interns will kill it on social
  • The Right Tools• Use tools that make you more efficient and smarter about how you work• Candidate discovery and tracking • LinkedIn, Entelo, TalentBin, Ongig, Google Search, Resumator • Quickly find talent and organize them while maintaining your data integrity• Applicant tracking system • Pick an ATS that will allow you to collect the correct KPIs for your organization• Social Marketing and Branding • Empower the people at your company to take ownership of the Recruiting process• The Resumator became our vector of empowerment because it’s easy to use, makes the recruiting and feedback process easy and seamless and provides the customization we needed for our unique culture v
  • Social Media
  • Social Media• Drive everything you do through your social media marketing channels• Everyone tweets, updates and pins including our interns about @buildingklout• Publish your successes, company news, tech achievements as well as open positions• Keep track of everything• This is fast with the Resumator
  • Tracking Metrics that MatterKlout is a data driven company – Recruiting had to matchWhat we measure – • Source • Recruiter/Sourcer screens • Tech screens • On-site Interviews • Offers • Offer Acceptance • Cost Per Hire • Onboarding data • Interview Performance • 6 month post-hire performance review correlation with interview performance v
  • Building Klout Q1 v Q2 v Q3 Q1 Q2 Q3 Initial Screens Onsite Interviews Fulltime Offers Offers Accepted v
  • Building Klout Q1 v Q2 v Q3 Q1 57% 59% 70% Q2 Q3 24% 25% 70% v
  • Building Klout Cost Per Hire $64,200 Q1 Q2 $5,333 v
  • Tracking Metrics that MatterResults• Met our hiring goals in less than a year• Decreased interview turnaround time by 5x• Increased efficiency by 3x• Reduced engineering interview time• Maintained offer acceptance rates at 70% while raising the bar• Cost per hire decreased by 85%• Candidate flow increased by 200% v
  • Communicating Results• The Resumator has allowed us to get interview feedback immediately.• We can easily communicate with team members and interviewers using the collaboration and communication tools• We have customized interview evaluation templates and we can quickly see how our interviewees are doing so we can make split second decisions.• We can target candidates individually or en mass to quickly and effectively disposition candidates. v
  • Summary• Create a flexible but stable talent process• Build Trust• Use an ATS that adapts to you• Metrics and Reporting• Sourcing Strategy• Social Media• ERP and University
  • ThanksPlease find me online here: Twitter: @Hootech Linkedin: http://www.linkedin.com/in/hootan v
  • Q&A v
  • HR Strategies to Support a Lean CultureOctober 31, 20122 pm ET | 11 am PT Chris Klinvex Co-Founder and Author, Hiring Great People v
  • #How2HireWebinar archive : theresumator.com/blog/how2hire