Talent Acquisition Systems

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ERE Webinar from 6/21/2007, hosted by Elaine Orler

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Talent Acquisition Systems

  1. 1. Talent Acquisition Systems: Industry Trends and What They Mean to You Sponsored by:
  2. 2. Talent Acquisition Systems: Industry Trends and What They Mean to You Host: Madeline Tarquinio Research Director ERE Presenter: Elaine Orler Practice Manager The Newman Group
  3. 3. Agenda Talent Acquisition Systems Definition and Trends How do they compare to Talent Management Key trends in Talent Acquisition for 2007 ERE TAS Buyers Guide Overview and Trends Process to identify and evaluate the vendors Research Results Market Landscape Customer Satisfaction Results Vendor Criteria Evaluation Product Highlights and things to watch..
  4. 4. Evolution of Human Resources to Talent Management Talent Acquisition Talent Retention Recruiting/Sourcing Employee Relations Staffing Personnel Employment Office Payroll Hiring Authority Hiring Authority
  5. 5. Talent Management vs. Talent Acquisition Integrated Talent Management Integrated Talent Acquisition Contact Acquisition Mgmt Workforce High Volume Career Management Planning VMS Portals Integrated Integrated Talent Talent Management Acquisition Program Retention & Learning & Job Mgmt Engagement Development Distribution (i.e. ERP) Succession Assessments Planning
  6. 6. What is a Talent Acquisition System? Applicant Tracking Systems Foundation and focus on the Applicant Legacy term to define the control process for managing applications/resumes through the hiring process And so much more… Candidate Career Portals – Unique to the experience Job Distribution to third party career sites Conceptual or Advanced searching for candidates Contact Management (CRM) Program Management (ERP, College)
  7. 7. Talent Acquisition System Trends for 2007 Consolidation Commoditization Integration Innovation
  8. 8. Consolidation Talent Management Suite of Solutions The ability to move talent in, around and through an organization with seamless accountability Talent Acquisition Talent Retention Performance, Succession, Learning Talent Off-boarding Global Talent Acquisition Foundation solution to enable Talent Acquisition across the globe Foundation solution to bridge all Talent Acquisition types Salary, Hourly, Contract, Temporary
  9. 9. Recruiting Technology Acquisition List: 2002 2005 iJobs by Lawson Hire.com by Authoria Resumix by HotJobs 2006 2003 BrassRing by Kenexa Personic by Unicru Webhire by Kenexa PureCarbon by Workstream Unicru by Kronos Icarian by Workstream VirtualEdge by ADP 2003 2007 RecruitingSolutions by People Business Network by Ceridian Vurv HotJobs/Resumix by Yahoo! JobFlash by Taleo 2004 Ceridian by THL Partners Humetrics by Deploy KnowledgePoint by Vurv
  10. 10. Commoditization Perceived All the vendors are alike – no differentiation between solution offerings and value to the business The Tier 1 vendors are the most alike Actual New Modules/Features rapidly included in multiple vendor suites on the heals of each other Pricing concessions to win the deal Tier 1 vendors have the greatest differentiation based on the complexity of their solutions Tier 2/3 vendors are at risk for commoditization Reality Uneducated buyers drive the perception of commoditization in this market Lack of roadmap for technology and leadership Lack of detailed requirements to evaluate the market
  11. 11. Integration Customer defined unique integrations Bi-directional solutions to multiple vendors/applications Real time to daily information Challenge: Firewalls and Data Privacy Vendor integrated tool set Predefined set of tools to standardize integrations across multiple customers Tool kits defined by partnership strategy and mutual customers Challenge: No two customers are completely alike
  12. 12. Innovation Past Technology Drivers for innovation: The internet = Career Portals Advanced search tools = Conceptual Search PDA Tools = Remote Approval routing and Candidate review We’re waiting…. Technology Market Drivers: Database Model: Relational Database vs. Object Orientated Web Tools: API’s, RSS feeds Communication: SMS, Instant Messaging Recruiting Drivers: Globalization: Expanded capabilities around localized recruiting needs in a single platform Analytics: Advanced reporting capabilities and dashboards for measuring recruiting success Candidate Relationship Management: Contact Management tools and tracking
  13. 13. ERE Talent Acquisition Buyers Guide Overview and Trends
  14. 14. Research Methodology Round 1: Annual Industry Analysis Qualification Questionnaire Customer Satisfaction Survey Round 2: Demos conducted by TNG (vendor agnostic) Vendor Questionnaire Follow-up Interviews
  15. 15. Key Players Authoria SmartSearch Kenexa Vurv Oracle Deploy SAP Ceridian Lawson HRSmart Mr. Ted ADP- Virtual Edge Stepstone PeopleFilter Jobpartners Trovix Taleo Kronos/Unicru Workstream PeopleClick iCIMS Hodes iQ SilkRoad First Advantage SonicRecruit PCRecruiter
  16. 16. Polling Question How Satisfied are you with your current Talent Acquisition System? Unsatisfied Neutral Satisfied N/A – do not have a TAS at this time
  17. 17. Most Companies are Satisfied 4% Very Unsatisfied 9% Unsatisfied 14% Neutral Satisfied 42% 30% Very Satisfied
  18. 18. Polling Question How satisfied are you with the integration of your TAS with your HRMS? Satisfied Neutral Unsatisfied Don’t Know Have not yet integrated
  19. 19. Where is the Integration? 47% 40% 18% 17% 14% 11% 9% 8% 7% 7% 6% 7% 5% 5% Very Satfisfied Satisfied Neutral Unsatisfied Very Don't Know Have not Unsatisfied Integrated Integration with Third Party Recruiting Services Integration with HRMS
  20. 20. Polling Question What additional components of your TAS are you leveraging? CRM – Candidate Relationship Management Tools Advanced Searching – Conceptual Search Contract/Temporary Labor – Vendor Management Hourly – High Volume Staffing
  21. 21. What Else Can My TAS Do? 56% of companies surveyed indicated that they use their TAS to track candidates supplied by third party staffing agencies 54% of companies use their TAS provider for contact management.
  22. 22. Vendor Criteria Comparison Core Configurations Feature Function Function Description Response completed by Item # A. REQUISITION MANAGEMENT Create and store Customer Unlimited number of requisitions created, stored and retrieved A1 Yes Client specific requisitions with ability for customers to add their own specific fields More than 1 requisition form/template can be configured in a Multiple requisition forms allowed User client's database to accommodate variance in business units or (Example: hourly, internal transfer, Client A2 type of recruiting. (Example: A user from the Manufacturing Yes business unit specific, reoccurring, Vendor group can enter a requisition and only see and populate fields sourcing, college) N/A that ar User Customer can organize the fields on the requisition to include Client A3 Requisition form design moving the location of standard fields and grouping them with Yes Vendor customer defined fields. N/A Requisition Status and Date System stores status date history so that the period a requisition A4 Yes indicators with history is on hold can be deducted from time to fill totals for reporting.
  23. 23. Trends that will continue… CORE FEATURES % Yes % No % Planned REQUISITION MANAGEMENT 86% 10% 4% REQUISITION APPROVAL ROUTING 83% 10% 8% PRESCREENING QUESTIONS - JOB/POSITION SPECIFIC 79% 16% 4% ASSESSMENTS 74% 10% 16% REQUISITION POSTING (EXT/INT CAREER SITES) 84% 11% 4% CANDIDATE CAREER PORTALS 84% 12% 4% EMPLOYEE REFERRAL FUNCTIONALITY 62% 29% 9% CANDIDATE/RESUME SEARCH (STRUCT/UNSTRUCT) 75% 20% 5% CONCEPTUAL SEARCH 62% 19% 19% CONFIGURABLE RECRUITING WORKFLOW 79% 18% 2% INTERVIEW MANAGEMENT: COLLABORATIVE TOOLS 70% 20% 10% OFFER ROUTING AND APPROVALS 76% 15% 9% OFFER LETTER GENERATION 96% 3% 1% PERSONALIZED CORRESPONDENCE 93% 3% 4% REPORTING AND METRICS 78% 18% 3% HIGH VOLUME RECRUITING (REOCCURRING) 51% 48% 1% STAFFING AGENCY PORTALS 43% 55% 1% GLOBAL CONFIGURATION AND COMPLIANCE 88% 9% 3%
  24. 24. Question and Answers
  25. 25. Thank you! Additional Questions or Comments can be emailed to: Madeline Tarquinio at Madeline@ere.net or Elaine Orler at elaine.orler@tngconsulting.com To order the 2007 Talent Acquisition System report: Visit www.ere.net/research

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