Lou Adler's Top Recruiting Strategies for Every Hiring Method
1. Lou Adler’s Top Recruiting Strategies for Every
Hiring Method
Wednesday, May 10, 2017
#Lou&Lever / @Lever / @LouA
2. ● Please use the chat box for questions
● Tweet us using #Lou&Lever @Lever
@LouA
● $100 Amazon Gift Card for the most
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Leela Srinivasan
Chief Marketing Officer, Lever
@leelasrin
Thanks for joining us!
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3. • CEO and Creator of
Performance Based Hiring
• Author, Hire with your Head |
The Essential Guide for Hiring
& Getting Hired
• The Adler Group, Inc.
Performancebasedhiring.com
Our featured speaker
Lou Adler
CEO and Founder, The Adler
Group
@LouA
#Lou&Lever / @Lever / @LouA
8. Some Big Hiring Challenges
Strategy – Tactics – Process – People
Not enough strong
prospects
Best prospects opt-
out more often
Hiring managers not
fully engaged
Hiring managers
make interviewing
mistakes
Hiring managers over-
spec the job
Not enough money in
comp budget
Jobs aren’t attractive
enough
Voting is biased
$$?
#Lou&Lever / @Lever / @LouA
14. Surplus Vs. Scarcity Strategy
Surplus Model: Weed Out the Weak – Active – Best Who Apply
Scarcity Model: Attract the Best – Passive – Raise the Talent Bar
1 2 3 4
HAVE GET DO BECOME
Efficiency
Quality
15. Scarcity Model: Attract the Best – Passive – Raise the Talent Bar
1 2 3 4
HAVE GET DO BECOME
Quality
Tier 2: Short-term, Lateral Move,
$$ Close Low Satisfaction
Tier 1: Long-term, Career Move,
High Satisfaction & Performance
16. A
Professional Talent Market
Top 25%
Attract
&
Apply
20 million applications
250 thousand hires
• 20% Active
• 40% Direct Sourced
• 40% Referrals
#Lou&Lever / @Lever / @LouA
17. Hope a good
person gets on
the bus
Put good
people on the
bus
#Lou&Lever / @Lever / @LouA
19. Process and Metrics Matter= Process Control
“Small Batch, High Touch”
Passive vs. Active Mix
40-40-20 Sourcing Plan
Performance Qualified Pool
Conversion Rates
Leads into Prospects – 80%
Prospects into Candidates
Process Control
Candidates per Hire – 4 to 5
Sourcing Mix: 2-2-1
Offer to Hire
Acceptance Rate and Criteria
30% Career Move vs. Compensation
Leads/Referrals
Prospects
Candidates
Finalists
Hire
Passive
Active
Cost/Time
Max
Quality
Of
Hire
#Lou&Lever / @Lever / @LouA
20. Skills Qualified Performance Qualified
Career Move =
Difference in new
opportunity vs. current
job and growth rate
BECOME
& EVP
Motivator
Impact
+
21. Email2 PERP Text &
Social
Phone
Hiring
Manager
Meet
Ups
Just
Lunch
Networking
Small Batch Sourcing Requires
High Response Rates
>50%
#Lou&Lever / @Lever / @LouA
22. Cost Analyst
Your careful attention to
detail is what drives our
corporate profitability.
Flight Nurses
Helping Saves Lives
Everyday
Controller – Travel 75%
Use Your CPA and See the
World
Marketing Intern
Prepare whitepapers in any
color you want.
Job Branding = Tie Job to Bigger Mission
23.
24. Referrals are “Gold”
They call you back AND they’re
qualified!
Pull: Create the 30% Solution
End the interview with the person
interested in learning more.
Push: Get the Person to Sell You
Passive candidates need to ”own” the
opportunity to convince others.
PERP Your ERP
Suggest names and ask “Who is best you
know doing ______?”
Networking Basics – Critical 40%
Sell the Next
Step not the
Job
25. Getting Your Recruiter’s Driving License
Driver Passenger
Backseat Driver
Takes 10 minutes to figure out
where you’re going
Overcome concerns, objections,
and Day 1 issues
Recruiting: Get the candidate to
sell you!
Control the Conversation
Put good
people on the
bus
26. Recruiting Rule #1 – No NOs!
Sell the next
step, not the
job!
NO NO NO Maybe NO Maybe YES YES YES YES
27. Summary/Q&A/Next
• Tier 2 to Tier 1 Goal
• Scarcity vs. Surplus Strategy
• DO & BECOME not HAVE & GET
• Performance vs Skills Qualified
• “Small Batch, High Touch”
• Process Control Metrics Matter
• 40-40-20 Sourcing
• Compelling, Customized Jobs
• Sell the Ride, Not the Destination
• Offer 30% Career Move
info@performancebasedhiring.com
Performancebasedhiring.com
4:1 Demo and Beta Test
28. “Sourcing before Lever Nurture took a lot of manual work that was prone to human error. Now, the process is way faster and
easier to personalize. All I have to do is set up a Nurture campaign with my candidates and let it run.”
How Shopify used Lever Nurture to revolutionize sourcing
- Sarah Eastman, Recruiting Research Lead at Shopify
42%
doubled their candidate
response rate from 21% to
42% with Lever Nurture
3x
increased total headcount
from 550 to 1,900
employees
387
made 387 hires through
proactive sourcing, including
110 hard-to-fill roles
CASE STUDY
29. Sign up for a demo at: www.lever.co
and join these amazing companies on Lever!
#Lou&Lever / @Lever / @LouA
30. Questions? Join our next webinar
David Nason
Strategic Global Talent Acquisition
Leader, Infor
“5 Strategies to Differentiate Your
Team and Win Over Technical Talent”
May 23rd, 1pm ET/10am PT
-
Lou Adler
CEO and Founder, The Adler
Group
@LouA
-
#Lou&Lever / @Lever / @LouA
Editor's Notes
Maya
What do the best people differently?
How long does it take to determine if someone is a great hire?
While it takes 3-6 months, at least, to determine if someone is a great hire, all of the factors in the graphic are predictable before the hire. You’ll find out how to accomplish this in this workshop.
Networking – How to Develop a System for Finding Top People
You don’t have enough time to talk with everyone. You must pre-qualify everyone.
You must establish your professionalism before someone will give you an important name.
You have the most leverage when the person you’re recruiting is interested in the job.
Delay person’s yes/no decision for at least 6-8 minutes.
During this time be vague about the job and obtain person’s background info.
Determine if the candidate is right for the job, too high, or too low. Then:
Cherry-pick connections on LinkedIn and pre-qualify them
80/20 Rule – 80% of the time only call people who have been referred to you and are pre-qualified
Overcoming Objections
Don’t push too hard. Recruiting a top person requires a series of steps to close the deal.
Following are the typical steps from first call to close for a truly passive candidate. Before and after each step, uncover needs and concerns.
Talk 5-10 minutes about the job.
Conduct a 30-minute phone screen.
Conduct an onsite exploratory interview with the hiring manager.
Conduct a comprehensive interview onsite with the hiring team.
Come back for a second round of interviews with a more senior executive, conduct a panel interview, and/or present the results of the case study take-home project.
Discuss the idea of being a finalist.
Negotiate the broad parameters of an offer and discuss level of seriousness.
Test all aspects of the offer before finalizing it.
Get the candidate to accept all aspects of the offer before formally extending it.
Most people take a few days to a few weeks to fully understand all aspects of the job. Guiding the candidate to the next step rather than the end game will increase your end-to-end close rate.
Case study symbol
Shopify stats:
3x increase in headcount from 550 to 1800 employees
387 hires through proactive sourcing including 110 hard-to-fill roles
Shopify doubled their candidate response rate to 42% with Lever Nurture.
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