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Recruitment Leaders Connect
3rd
June 2014
Ken Brotherston
Executive Chairman
Today’s Agenda
• What’s driving today’s recruitment market?
• Agency recruitment vs. in-house resourcing
• Crowdsourcing in recruitment
• Threats and opportunities in 2014
A new approach to finding talent
What’s driving today’s recruitment market?
• Economic cycle
– Downturn lasted a long time
• Impact of technology
– Direct hiring more effective than ever
– Rise of online databases
• Recruitment business models
– MSP’s, ATS’s, RPO’s etc. now bedded in
– Industry is polarising rather than consolidating
The economic upturn will be uneven for recruiters
A new approach to finding talent
Our industry has polarised
RPO
Provider
Global
Agency
BPO
In house challenges
• As market rebounds, business critical candidates are harder to find
• Polarisation of recruitment market makes niche agencies difficult to
engage with
• Increased compliance requirements
• Expectations on fill rates, cost per hire and time to hire still rising
• Deeper market insight required
Employers’ selection priorities for recruiters
A new approach to finding talent
Trusted
Source: REC Jobs outlook May 2014
2012 2014 Change
Service Quality 95% 94% -1%
Price 92% 96% +4%
Management
Information
52% 75% +23%
A smarter way to solve complex problems
Crowdsourcing
an open call to a large group
First identified by Jeff Howe
– Wired Magazine in 2005
8
Crowdsourcing works
A new approach to finding talent
Crowdsourcing in recruitment
…..it’s not if or when but how.
A new approach to finding talent
A simple and effective solution
• One contract
– access TheJobPost network of 35,000 specialist recruiters
• Total control
– set the terms & fee level per role
• Access specialist suppliers with fresh talent pools
– engage a range of specialist recruiters in a controlled manner
• Immediate qualified engagement
– To ensure speed and quality, recruiters pay to engage
A new approach to finding talent
You select the role you can fill and pay to engage
It works for Nestle
• Oct 13 – present
• 32 vacancies posted
• Brands sourced for: Buxton, Nespresso, Corp/HO, Confectionery
• Locations covered: York, London, Scotland, Ireland, Buxton,
Gatwick
• 100% agency engagement
• Average of 3 recruiters engaged per vacancy
• 21 Successful placements
• Recent placement rate = 70%
• Increased MI
A new approach to finding talent
Detailed MI analysis
Best practice recruitment crowdsourcing
• Offering has to work for employers and recruiters
– Employers need access to the whole recruitment supply chain
– Recruiters need an effective economic model
– Recruiters pay an access fee
• Facilitation rather than management
– Let the recruiter know who the employer is
– Allow them to engage with each other
• Need to cover permanent and contract
– Allows even the smallest firm to engage on contract roles
– Fully compliant: salary and margin paid every week.
• Delivers market insight
– Recruiter metrics (in-house and external)
– Immediate market feedback
A new approach to finding talent
Employers using TheJobPost
A new approach to finding talent
Threats and opportunities in 2014
• The ‘run faster’ model of recruitment
will continue to decline
• Crowdsourcing will disrupt the industry but is also a huge
opportunity:
– Consolidate your existing relationships
– Allows access and engagement with new employers
– More effective management of your BD costs
– Higher profitability
A new approach to finding talent
Quality relationships built on specialist knowledge are key to
success

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RLC London - Ken Brotherston TheJobPost

  • 1. Recruitment Leaders Connect 3rd June 2014 Ken Brotherston Executive Chairman
  • 2. Today’s Agenda • What’s driving today’s recruitment market? • Agency recruitment vs. in-house resourcing • Crowdsourcing in recruitment • Threats and opportunities in 2014 A new approach to finding talent
  • 3. What’s driving today’s recruitment market? • Economic cycle – Downturn lasted a long time • Impact of technology – Direct hiring more effective than ever – Rise of online databases • Recruitment business models – MSP’s, ATS’s, RPO’s etc. now bedded in – Industry is polarising rather than consolidating The economic upturn will be uneven for recruiters A new approach to finding talent
  • 4. Our industry has polarised RPO Provider Global Agency BPO
  • 5. In house challenges • As market rebounds, business critical candidates are harder to find • Polarisation of recruitment market makes niche agencies difficult to engage with • Increased compliance requirements • Expectations on fill rates, cost per hire and time to hire still rising • Deeper market insight required
  • 6. Employers’ selection priorities for recruiters A new approach to finding talent Trusted Source: REC Jobs outlook May 2014 2012 2014 Change Service Quality 95% 94% -1% Price 92% 96% +4% Management Information 52% 75% +23%
  • 7. A smarter way to solve complex problems Crowdsourcing an open call to a large group First identified by Jeff Howe – Wired Magazine in 2005
  • 9. A new approach to finding talent Crowdsourcing in recruitment …..it’s not if or when but how.
  • 10. A new approach to finding talent
  • 11. A simple and effective solution • One contract – access TheJobPost network of 35,000 specialist recruiters • Total control – set the terms & fee level per role • Access specialist suppliers with fresh talent pools – engage a range of specialist recruiters in a controlled manner • Immediate qualified engagement – To ensure speed and quality, recruiters pay to engage A new approach to finding talent
  • 12. You select the role you can fill and pay to engage
  • 13. It works for Nestle • Oct 13 – present • 32 vacancies posted • Brands sourced for: Buxton, Nespresso, Corp/HO, Confectionery • Locations covered: York, London, Scotland, Ireland, Buxton, Gatwick • 100% agency engagement • Average of 3 recruiters engaged per vacancy • 21 Successful placements • Recent placement rate = 70% • Increased MI A new approach to finding talent
  • 15. Best practice recruitment crowdsourcing • Offering has to work for employers and recruiters – Employers need access to the whole recruitment supply chain – Recruiters need an effective economic model – Recruiters pay an access fee • Facilitation rather than management – Let the recruiter know who the employer is – Allow them to engage with each other • Need to cover permanent and contract – Allows even the smallest firm to engage on contract roles – Fully compliant: salary and margin paid every week. • Delivers market insight – Recruiter metrics (in-house and external) – Immediate market feedback A new approach to finding talent
  • 16. Employers using TheJobPost A new approach to finding talent
  • 17. Threats and opportunities in 2014 • The ‘run faster’ model of recruitment will continue to decline • Crowdsourcing will disrupt the industry but is also a huge opportunity: – Consolidate your existing relationships – Allows access and engagement with new employers – More effective management of your BD costs – Higher profitability A new approach to finding talent Quality relationships built on specialist knowledge are key to success

Editor's Notes

  1. I set up TJP to enable companies to access the best talent easily and remove some of the inefficiencies around the recruitment industry
  2. Rightmove example – it changed the estate agency industry
  3. We are here today and would be delighted to chat in more detail
  4. We are here today and would be delighted to chat in more detail