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ACHIEVE TALENT                                     MANAGEMENT SUCCESSThe Power of Alumni Programs    Presented by: Madelin...
Agenda  The Current State of Talent Acquisition  The Value of Your Alumni  Best Practices  Social Media  Innovative S...
Four Trends Impacting Talent Acquisition    Demographics                  Diversity     Globalization                   In...
Total Workforce  Customers      Key Stakeholders               Solution Providers                                       Co...
How to Leverage Your Alumni  Employer Referral Programs: Extending your employee referral programs to include alumni  Bo...
Employee Referral Programs Are #1
Extend Your Employee Referral Programs  Employees hired through referrals have a 25 percent higher retention  rate.  Ref...
The ROI of a Boomerang  Rehires cost is 50% or less
A Closer Look At Employer Branding
Business Development “Consider the case of a former senior manager at Deloitte: Five years after leaving the consulting fi...
Best Practices  Drive the Program  Invest in Technology  Offer Incentives  Leverage Social Media  Measure the Process...
Metrics…What Matters  Rehire Rate  Employee Referrals Through Alumni  Performance of Boomerangs  Turnover Rate of Boom...
Technology Options  Dedicated Websites: Includes information on events,  employee referral programs, provide collaboratio...
ACHIEVE TALENT                     MANAGEMENT SUCCESSDedicated Websites
The Power of Social Media
Innovative Players
Select Minds
Zapoint
Five Steps to Success                                Transparent                        Measurement                   Inve...
Cases-In-Point
McDonald’s
What are your questions?          Madeline LauranoThe Newman Group, A Futurestep Company      Madeline.laurano@Futurestep....
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The Power of Alumni Programs

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ERE Webinar from 4/6/11 presented by Madeline Laurano

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The Power of Alumni Programs

  1. 1. ACHIEVE TALENT MANAGEMENT SUCCESSThe Power of Alumni Programs Presented by: Madeline Laurano April 6, 2011
  2. 2. Agenda  The Current State of Talent Acquisition  The Value of Your Alumni  Best Practices  Social Media  Innovative Solutions  Action Plan  Cases-In-Point
  3. 3. Four Trends Impacting Talent Acquisition Demographics Diversity Globalization Innovation
  4. 4. Total Workforce Customers Key Stakeholders Solution Providers Contingent Workforce Alumni Baby Boomers
  5. 5. How to Leverage Your Alumni  Employer Referral Programs: Extending your employee referral programs to include alumni  Boomerangs: Former employees that are rehired back into the organization  Employer Branding: Leveraging alumni to create a strong message  Business Development: Using alumni to help grow the business
  6. 6. Employee Referral Programs Are #1
  7. 7. Extend Your Employee Referral Programs  Employees hired through referrals have a 25 percent higher retention rate.  Referrals are 54 times more likely to result in a hire than candidates recruited through job boards. –  Source: Select Minds
  8. 8. The ROI of a Boomerang Rehires cost is 50% or less
  9. 9. A Closer Look At Employer Branding
  10. 10. Business Development “Consider the case of a former senior manager at Deloitte: Five years after leaving the consulting firms San Francisco office, Jim Sayre was named president of Cargill eVentures, a Web-based unit of the agribusiness giant. He was strapped for office space, so Deloitte allowed him and three colleagues to camp out for a few months. Once the unit got up and running, it wound up generating more than $1 million of new business for Deloitte. Says Sayre: "The presence of an alumni network effectively invites you back to renew old relationships.“ -Fast Company
  11. 11. Best Practices  Drive the Program  Invest in Technology  Offer Incentives  Leverage Social Media  Measure the Process  Create Transparency
  12. 12. Metrics…What Matters  Rehire Rate  Employee Referrals Through Alumni  Performance of Boomerangs  Turnover Rate of Boomerangs  Diversity Rate of Boomerangs  Traffic to Alumni Social Media Sites
  13. 13. Technology Options  Dedicated Websites: Includes information on events, employee referral programs, provide collaboration  Social Media: LinkedIn, Facebook, Twitter, Yammer, and homegrown  Innovative Providers: Forward-looking solutions providers are entering the market looking to make the process of recruiting and retaining top talent more efficient and more effective
  14. 14. ACHIEVE TALENT MANAGEMENT SUCCESSDedicated Websites
  15. 15. The Power of Social Media
  16. 16. Innovative Players
  17. 17. Select Minds
  18. 18. Zapoint
  19. 19. Five Steps to Success Transparent Measurement Investment Engagement Alignment
  20. 20. Cases-In-Point
  21. 21. McDonald’s
  22. 22. What are your questions? Madeline LauranoThe Newman Group, A Futurestep Company Madeline.laurano@Futurestep.com www.twitter.com/madtarquin

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