Global recruitment trends brought to life | Talent Connect Anaheim
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Kate Hastings, Global Director, Insights, LinkedIn Rajeev Mendiratta, VP, Head Workforce Management and Oversees Operations, Wipro Melissa Thompson, Executive Director, Citrix Hannah West, Global Resourcing and Employer Brand Manager, AXA Stephanie Bevegni, Content Marketing Manager, Talent Solutions, Linkedin To truly influence business decisions, you need to know what’s top of mind among your peers. In this session, LinkedIn researchers reveal emerging recruiting trends, upcoming challenges and opportunities ahead worldwide. You'll also hear from talent acquisition leaders about these trends, and how they are using this data to become a true business partner in 2016 and beyond. Check out the best of Talent Connect: http://bit.ly/1MBqz6m
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Global recruitment trends brought to life | Talent Connect Anaheim
- 2. Our mission is to connect the world’s professionals to make them more productive and successful. Jeff Weiner
- 3. On Stage Today Kate Hastings Global Insights Director Talent Solutions LinkedIn Stephanie Bevegni Content Marketing Manager Talent Solutions LinkedIn Rajeev Mendiratta Vice President Workforce Management Wipro Hanna West Global Resources and Employer Brand Manager AXA Melissa Thompson Executive Director Citrix
- 4. My suggestions: Kim Possible Tigger “Winnie the Pooh” Eve “WALL-E” Geppetto “Pinocchio” Kim “Kim Possible” Pink Elephants “Dumbo” Alice “Alice in Wonderland” "Kim Possible" follows the comedic action-adventures of a typical high school girl who, in her spare time, saves the world from evil villains. Along with her best friend Ron Stoppable; his pet Rufus; and their webmaster buddy Wade, who feeds them vital information via a special Kimmunicator device, this girl- next-door turned superhero foils archenemies around the globe. Then it's back to her family and homework. Honorable Mention
- 5. What is Global Recruiting trends? LinkedIn’s 5th annual research report. ~4,000 talent acquisition decision makers across 40 countries on their top recruiting priorities, challenges, opportunities. ~30 global and localized reports that leaders can use to influence business decisions and craft strategies for 2016.
- 6. Four themes for your 2016 talent acquisition strategy 1 4 Prepare for a competitive marketplace in 2016 Time to double down on your employer brand 2 Quality of hire is an important differentiator 3 Your employees are your secret weapon in recruiting
- 7. 0 25 50 75 2012 2013 2014 2015 2016 Hiring budgets and volume have been increasing… Full-time hiring volume Hiring Budgets Source: LinkedIn’s 2015 Global Recruiting Trends Survey
- 8. 0 25 50 75 2012 2013 2014 2015 2016 Budgets not keeping pace with volume, requiring scalable solutions Growth in volume & budgets stays elevated but flat Full-time hiring volume Hiring Budgets Source: LinkedIn’s 2015 Global Recruiting Trends Survey
- 9. • As competition remains robust, ensure the that company leadership is informed • With the gap between volume and budget, be prepared to with scalable solutions • Engage your workforce in recruiting by utilizing their networks for referrals Start planning now, fortune favors the bold
- 10. Measuring Quality of Hire
- 11. % Of global TA leaders feel that their approach to measuring quality of hire is strong
- 12. Most frequently utilized quality of hire measurements Use turnover or retention statistics 49% 1 Use new hire performance evaluations 50% Use hiring manager satisfaction ratings 43% Source: LinkedIn’s 2015 Global Recruiting Trends Survey
- 13. 0 25 50 2012 2013 2014 2015 2016 Last year job boards lead for quality hires Social Prof Networks Job Boards Employee Referrals Source: LinkedIn’s 2015 Global Recruiting Trends Survey
- 14. 0 25 50 2012 2013 2014 2015 2016 Social professional networks #1 for quality hires Social Prof Networks Job Boards Employee Referrals Source: LinkedIn’s 2015 Global Recruiting Trends Survey
- 15. Utilize company networks as great sources for quality candidates Quantity of hires vs. quality hires by source Social professional networks Job boards Employee referrals Company career website Internal hires Staffing Agencies and RPO’s Internet Resume databases Internal Resume databases Student and youth recruiting General social mediaCareer fairs Print newspapers/trade journals Company CRM Diversity recruiting programs 0% 10% 20% 30% 40% 50% 0% 10% 20% 30% 40% 50% 60% 70% 80% Quantity of hires Qualityhiresinkeypositions Source: LinkedIn’s 2015 Global Recruiting Trends Survey
- 16. Referrals
- 17. 0 15 30 45 2014 2015 2016 Long lasting recruiting trends showed little changed… Utilizing social and professional networks Elevating the employer brand Better ways to source passive candidates Employee referral programs Source: LinkedIn’s 2015 Global Recruiting Trends Survey
- 18. 0 15 30 45 2014 2015 2016 Elevating employer brand and referrals see largest YOY increases Long lasting recruiting trends show movement now Utilizing social and professional networks Elevating the employer brand Better ways to source passive candidates Employee referral programs 53% YOY increase 15% YOY increase Source: LinkedIn’s 2015 Global Recruiting Trends Survey
- 19. Investing in your Employer Branding
- 20. Social professional networks, employer branding and referrals Top essential long lasting trends by region United States Utilizing Social Professional Networks Brazil & South Africa Utilizing Social Professional Networks China & Australia Elevating Employer Branding Canada & the U.K Elevating Employer Branding India Employee Referral Programs Source: LinkedIn’s 2015 Global Recruiting Trends Survey
- 21. 0 25 50 75 2012 2013 2014 2015 But some measure increase dramatically YOY Investing more in employer brand Measure employer brand We have a unified EB strategy 11% YOY in EB spending 33% YOY in measurement Source: LinkedIn’s 2015 Global Recruiting Trends Survey
- 22. Retention rates are higher for those with more touch points Investment in employer branding pays off 81 89 90 92 50 75 100 Engaged with no employer branding solutions Engaged with 1 employer branding solution Engaged with 2 employer branding solutions Engaged with 3+ employer branding solutions Source: LinkedIn Website Data
- 23. • Adopt strategies for measuring quality of hire that are pertinent for your organization • Optimize for the sources that provide high quality hires through scalable solutions • Engage your employees in promoting your company as a place to work Practical tips for engaging your workforce
- 24. Top themes for your 2016 talent acquisition strategy 1 4 Hiring volume and budgets: set to stay strong Employer branding: take control of the conversations 2 Quality of hire: focus on measurement 3 Referrals: engage your workforce
- 26. ©2015 LinkedIn Corporation. All Rights Reserved.
Editor's Notes
- Multiple select question. Respondents could pick more than one.
- Solutions equal: Recruiter Hit Career Page Hit WWU Hit Job Hit Sponsored Update Hit Recruitment Ad Hit