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2016 Candidate Trends in Southeast Asia [Webcast]

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In this presentation, you'll learn about the top trends seen in the Southeast Asia market around candidate behavior, their aspirations and how you can build social proof to attract and hire them.

Published in: Recruiting & HR
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2016 Candidate Trends in Southeast Asia [Webcast]

  1. 1. 2016 Talent Trends Candidate Trends in Southeast Asia
  2. 2. Grace Kerrison Director Global Accounts Asia Pacific Pooja Chhabria Marketing Manager Asia Pacific Speakers and Panelists Dev Das Head of Content & Digital Marketing Asia Pacific
  3. 3. Our Vision Create economic opportunity for every member of the global workforce
  4. 4. We have seen more than 10X growth in the last 5 years
  5. 5. About LinkedIn’s Annual Talent Trends Report 5 Who we surveyed: 600+ Professionals in Malaysia What we asked: How open they were to a new job What they wanted to know about your company and jobs What resources they used to change jobs ? ? ? 750+ Professionals in Indonesia 519+ Professionals in Singapore
  6. 6. 6 Almost everyone is open to your job opportunities. A massive 95% of professionals in Malaysia, 93% in Indonesia and 96% in Singapore said they are interested in hearing about new job opportunities. 1 But people don’t know much about your company or jobs. Candidates say their biggest obstacle when changing jobs is not knowing enough about your company and roles. 2 Once you have the right message, you need to share it in the right channels. Your employees make the best recruiters. Employee referrals are the most common way professionals discover and land a new job. 3 Top 3 Talent Trends to remember
  7. 7. Social Media Adoption in Southeast Asia 7
  8. 8. Southeast Asia has the second largest number of social media users in the world 234M ACTIVE SOCIAL MEDIA USERS SOUTHEAST ASIA 37% PENETRATION OF POPULATION Second only to East Asia that has, 769M ACTIVE SOCIAL MEDIA USERS EAST ASIA Source: We are social – Digital in 2016 report East Asia includes China, HK, Taiwan, South Korea, North Korea, Japan, Macau
  9. 9. Philippines, Malaysia, Indonesia, Thailand & Vietnam rank in the top 15 countries in terms of time spent on social media 3.7 3.3 3.2 3.2 3 3 2.9 2.9 2.9 2.7 2.5 2.3 2.3 2 1.9 Time spent on social media daily(hrs) Source: We are social – Digital in 2016 report
  10. 10. The data you need to get candidates to say “yes” Recruiters – good news. Almost everyone, an overwhelming 95% of professionals in Malaysia, wants to hear from you. But even in today’s information age, candidates don’t have enough information. In fact, their biggest challenge is not knowing enough about your company or jobs. In our annual Talent Trends survey, we get to the bottom of how candidates want to be recruited and how you can grab their attention. Read on for the exciting results. Happy recruiting. 10 Demographics and Behavior of the workforce
  11. 11. Most of the southeast Asian countries consist of a very young population 28 26 35 23 Indonesia Malaysia Singapore Philippiness Median Age ( years)
  12. 12. They are born between 1982 and 2003. The millennials pack an estimated trillion dollars of purchasing power every year. There are 26M millennials in APAC on LinkedIn By 2020, the millennials will make up 50% of the workforce (and 75% by 2025). Only 28 percent of Millennials feel that their current organization is making full use of their skills. 2 out of 3 Millennials expect to leave their current job within the next 3 years. Raised as digital natives, Millennials know social networking in and out, and use smartphone as their primary device. Millennials exhibit a heightened awareness of separation between personal and professional networks. Millennials care about the world, and what they associate with, and what companies they do business with associate with. Acutely socially conscious, and particularly sensitive to issues around diversity. Source: Data points on this slide include external sources including articles shared on LinkedIn, Deloitte Milennial research and from the Brookings Institute.
  13. 13. These millennials look for challenging work and are open to moving to smaller organizations from larger enterprises 75% of those professionals who moved from enterprise to SMB are from the millennial generation (<10 years of experience) From 2012 to 2015, we have seen a YoY growth in the percentage of job switchers moving from enterprises to relatively smaller organizations Source: Southeast Asia Talent Migration report, LinkedIn SMBs defined as <500 employees
  14. 14. The data you need to get candidates to say “yes” Recruiters – good news. Almost everyone, an overwhelming 95% of professionals in Malaysia, wants to hear from you. But even in today’s information age, candidates don’t have enough information. In fact, their biggest challenge is not knowing enough about your company or jobs. In our annual Talent Trends survey, we get to the bottom of how candidates want to be recruited and how you can grab their attention. Read on for the exciting results. Happy recruiting. 14 Career Aspirations and Job Seeking Behaviour
  15. 15. Even though only 30-40% of professionals are actively looking for a job, more than 90% of professionals are open to hearing about new job opportunities 36% 33% 39% Indonesia Malaysia Singapore Pecentage of Active talent Global average 36% Indonesia Malaysia Singapore Open to hearing about new opportunities Source: LinkedIn Talent Trends 2016 – Singapore, Malaysia and Indonesia report
  16. 16. A sizable chunk wants to change their current job within 2 years 16 c60% c75% Malaysia Singapore c61% Indonesia Source: LinkedIn Talent Trends 2016 – Singapore, Malaysia and Indonesia report Organizations will always be at a risk of high turnover
  17. 17. Professionals want more than a job, they want career growth 17 Global Malaysia * Statistically different from global professionals at the 95% confidence level. 53% 43% * The number one reason why people leave their job is lack of career advancement opportunities Indonesia 45% 50% Singapore Source: LinkedIn Talent Trends 2016 – Singapore, Malaysia and Indonesia report
  18. 18. The biggest roadblock that candidates face when changing jobs is not knowing enough about the company
  19. 19. Candidates want to know more about culture and values even more than perks and benefits
  20. 20. The top most way people land a new job is through an employee they know at the company
  21. 21. The data you need to get candidates to say “yes” Recruiters – good news. Almost everyone, an overwhelming 95% of professionals in Malaysia, wants to hear from you. But even in today’s information age, candidates don’t have enough information. In fact, their biggest challenge is not knowing enough about your company or jobs. In our annual Talent Trends survey, we get to the bottom of how candidates want to be recruited and how you can grab their attention. Read on for the exciting results. Happy recruiting. 21 Keeping talent engaged and an always ready pipeline by creating social proof
  22. 22. 1. Position your executives as culture champions on social media Use your executive team as the first communicators on social media talking about the purpose of your company, internal culture and values. 69% believe that having a social CEO positions the company as a more attractive place to work 75% believe that it gives a human face to the organization Source: Weber Shandwick’s Social CEO study
  23. 23. 2. Use your employees as brand ambassadors through a multiplier network effect ………………. 500 employees ………………. 300 connections Each employee has potential to reach 300 people. Your 500 employees have potential to reach 150k professionals
  24. 24. Every 6 pieces of content shared by a LinkedIn member influences
  25. 25. 3. Create and maintain a single hub to showcase and communicate your culture Your elevator pitch to candidates Use employees as evangelists Engage candidates through content Your followers. A virtual pool of talent 130% GROWTH IN FOLLOWERS
  26. 26. Here’s how the candidate journey plays out on LinkedIn We looked at the behaviors of millions of LinkedIn members, and discovered that the most common path from candidate to hired looks like this: Connect with an employee at the company Follow your company View your job GET HIRED View your Career Page Reach out to an employee or apply to a job 26 View your Company Page View A Status Update
  27. 27. 27 Almost everyone is open to your job opportunities. A massive 95% of professionals in Malaysia, 93% in Indonesia and 96% in Singapore said they are interested in hearing about new job opportunities. 1 But people don’t know much about your company or jobs. Culture rated as most important. Candidates say their biggest obstacle when changing jobs is not knowing enough about your company and roles. 2 Top 6 takeaways you can start thinking about There is need for organizations to build an always on engagement strategy Encourage employees to share content, new jobs to engage prospective candidates 3 To mitigate the risk of high turnover of talent, organizations need to build an engaged pipeline of talent Use your executives as influencers Use them to communicate your purpose and create awareness about your employer brand 4 Use your employees as culture champions Create a hub to communicate your culture and purpose 5 6 A central place to build followers and a ready pool of talent
  28. 28. Q&A
  29. 29. About LinkedIn Talent Solutions Attract, recruit, and empower the best people for your business with LinkedIn. Get access to quality candidates – active and passive, external and internal – on the world’s largest professional network of 433M+ candidates. 29 Read our blog talent.linkedin.com/blog See our videos on YouTube youtube.com/user/LITalentSolutions Check out our SlideShare slideshare.net/linkedin-talent-solutions Follow us on Twitter @hireonlinkedin Connect with us on LinkedIn linkedin.com/company/3519575 Visit our website

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