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Global Recruiting Trends

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My presentation from #itotvet conference

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Global Recruiting Trends

  1. 1. Current trends of global recruiting By: Victor Soroka Saint-Petersburg, May, 2015 «нАйТи ответ!»
  2. 2. Victor Soroka Senior Talent Acquisition Manager EPAM Systems  8+ years in recruiting  5+ years in IT  Author of “It’s all about recruiting” blog
  3. 3. • Evolution of Talent Acquisition. Sourcing as part of recruiting process • Talent Acquisition software – history and current trends • “Uberization” of everything - can recruiters be replaced? • XXI organizational models - what we should be prepared for Our agenda for today?
  4. 4.  Talent Acquisitions evolution  Why recruiting/sourcing is deferent today?  Recruiting trends: • Hiring high skilled employees • Passive candidates engagement • Sourcing as important part of recruiting process • Data and Metrics Evolution of Talent Acquisition. Sourcing as part of recruiting process.
  5. 5. Talent Acquisition evolution
  6. 6. Sources of key quality hires? • Job Boards are still important source of hire • Social professional networks impact increased drastically within last 4 years • RPO’s/Staffing decreased notably * 2015 Global Recruiting Trends 4th Annual LinkedIn Report
  7. 7. Passive candidates recruiting • Global Average – 61% of companies approach passive candidates • Only 25% of candidates are active on the market
  8. 8. Organizational Priorities • Attracting High-Skill talents is the top priorities for recruiting leaders globally • Companies care more and more about quality of hire • Sourcing is important for everyone
  9. 9. Sourcing as part of Talent Acquisition More and more companies introduce separate sourcing function within Talent Acquisition We expect more companies to create sourcing teams. “The biggest focus this year is to create a new sourcing team to build pipelines for our hard to fill roles,” wrote one respondent.” Another employer wrote of placing an “emphasis on the sourcing of our hires in 2014 with identified full-time sourcers in the identified markets.”
  10. 10. • Evolution of ATS • Referral recruiting/Social Recruiting/Mobile recruiting • Predictive analytics and jobs/candidates matching • Recruiting platforms as next step in recruiting software Talent Acquisition software – history and current trends
  11. 11. ATS or HRM or Excel? An applicant tracking system (ATS) is a software application that enables the electronic handling of recruitment needs.
  12. 12. Evolution of recruiting software • Resume Databases • Automation • Configurable Workflows • Corporate Career Sites • Source Analytics • Recruiting Marketing • Improved Compliance • Interview and offer management • Candidate relationship management • ….
  13. 13. New tools and trends in recruiting software • Social referrals • People aggregators • Smart jobs and candidates matching • Predictive analytics • Video interviews • Online tests and assessments
  14. 14. Recruiting software 360Social Connect6 Connectifier Entelo Glid LinkedIn RecruiterAmazingHiring Djinni ZartisMatch.me Spire TalentBin Hiring Solved SourceHub Hired.com
  15. 15. Recruiting Platforms • Analytics • Engagement • Talent Branding • Assessment • Interviewing Majority of existing ATS were created exactly for tracking You can not find everything in one place – easy integration is the key
  16. 16. • Uber story and evolution • Shared Economy Leaders • “Uberization of everything” - what we can expect next? • Uberization of recruiting? “Uberization” of everything - can recruiters be replaced?
  17. 17. Now: • 8 000 000 + users • 160 000 drivers • 290 cities • 1 000 000 rides per day • 14000+ cars in NY • 41 000 000 000 $ - company capitalization UBER Story and evolution • Started in 2009 • First cars on the road 2010
  18. 18. $335 billions till 2030 Shared Economy Leaders
  19. 19. “Uberization” of everything? • Goods • Space • Money • Transport Professional services
  20. 20. • Freelance recruiters become more and more popular • Bonuses for external referrals • Recruiters Skype chats “Uberization” of everything It’s actually happening in our day to day life here in CIS…
  21. 21. • Organizational structures of XX century • Why it doesn’t work today? • Employee Engagement trends • Work-life balance • New engagement model – more freedom XXI organizational models - what we should be prepared for
  22. 22. Organizational Structures
  23. 23. Organizational Structures
  24. 24. Employee Engagement trends
  25. 25. What is wrong with current employment? How long do you anticipate staying with your current employer? • 37% expect to stay for less than 2 years… • 90% of them intend to stay with their current employer for no more than 5 years London Business School Research – young executives (under 30)
  26. 26. Work-life balance? • 1,3 billion virtual workers by 2020 • 72% of Europeans who takes their Iphone/Ipad to bed (under 25 years old – 98%) • One hour during work day spend on Facebook and other social networks • 1,5 hours per day spend on work related issues during holidays and weekends
  27. 27. New models of employee engagement • New organizational structures with less focus on management and hierarchy • Feeling of ownership • Why am I doing this? • Ability to influence
  28. 28. Thank You!

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