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Nurturing Ikigai – Navigating APAC Hiring Trends
Based on the HireRight 2018 APAC Employment Screening Benchmark Report
April 12, 2018
Resourcing: A Look to the Future
Challenges and Opportunities
2018 HireRight EMEA Employment
Screening Benchmark Report
HireRight has prepared these materials for informational purposes
only. These materials are not intended to be comprehensive, and
are not a substitute for, and should not be construed as, legal
advice.
HireRight does not warrant any statements in these materials.
Employers should direct to their own experienced legal counsel
questions involving their organisation’s compliance with or
interpretation or application of laws or regulations and any
additional legal requirements that may apply.
Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited
HireRight ® Copyright © 2018. All Rights Reserved2
HireRight Legal Statement
About HireRight
3
HireRight is a leading global provider of background screening
services, helping organisations mitigate employee risk, make informed
hiring decisions and meet compliance obligations.
HireRight works in more than 200 countries and territories, and has
offices around the globe, including the UK, USA, and Hong Kong.
Almost half of the Fortune 100 and over a quarter
of the FTSE 100 use HireRight’s services.
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HireRight ® Copyright © 2018. All Rights Reserved
Agenda
7
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HireRight ® Copyright © 2018. All Rights Reserved
2018 HireRight EMEA Employment Screening
Benchmark Report
Introduction and Methodology
5
Based on surveys of more than
6,000
human resources, recruiting,
compliance, and management
professionals worldwide with
452
being from the EMEA region.
Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited
HireRight ® Copyright © 2018. All Rights Reserved
From
United States, Canada,
Europe, Middle East, Africa
and Asia Pacific
Including
UK, Poland, Netherlands,
Germany and Ireland
ChallengesChallenges: What Lies Ahead?
GDPR – Beyond 25th May
7
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HireRight ® Copyright © 2018. All Rights Reserved
69% of our survey’s EMEA
respondents believed they were
fully prepared for the GDPR.
You can read more about how
HireRight prepared for the GDPR
in our GDPR Whitepaper and our
GDPR blogs.
8
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HireRight ® Copyright © 2018. All Rights Reserved
Hiring in the UK post-Brexit
Within the Financial Services, this figure was lower,
with just over a third (34%) agreeing.
Only 4% of EMEA respondents said they were planning to
stop recruitment in the UK because of Brexit.
64% indicated that they strongly disagree that they
will draw back from recruitment in the UK due to Brexit.
Top EMEA Business Challenges in 2018
9
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HireRight ® Copyright © 2018. All Rights Reserved
Finding, retaining and developing talent is a key challenge
for 52% of EMEA employers, up from 50% in 2017.
Top EMEA Financial Services Business
Challenges in 2018
10
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Regulatory changes are the top business challenge in the
Financial Services, affecting 58% of EMEA employers –
up from 52% in 2017.
Senior Screening Struggles
11
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Just 15% of HR and risk professionals are completely
confident that new hires understand the implications of the
Senior Managers Regime.
Nearly four out of five (78%) are not sure if their
organisation has successfully built the SMR into its culture.
Top EMEA Talent Management Challenges in 2018
12
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Opportunities: A Look to the Future
Business Growth – EMEA vs APAC vs US
14
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Top Investments for 2018 – US & EMEA
15
1. Finding qualified job candidates
(59%)
2. Keeping good talent / employee
retention (58%)
3. Making HR processes more
efficient (49%)
4. Developing leaders within the
organisation (41%)
5. Developing effective employee
training programmes (40%)
1. Maximising employee
engagement (52%)
2. Improving the candidate
experience (51%)
3. Making HR processes more
efficient (50%)
4. Finding qualified job candidates
(46%)
5. Creating a positive corporate
culture (45%)
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HireRight ® Copyright © 2018. All Rights Reserved
Improving the Candidate Experience
16
Improving the candidate experience
from application through
onboarding
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HireRight ® Copyright © 2018. All Rights Reserved
How to improve your candidates
screening experience?
 Tell candidates about the
background screening process
 Explain who HireRight is and what
we do
 Advise them on what will be
checked, and what documents will
need to be provided
 Inform them of their rights under
the GDPR
Utilising Technology
17
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Overall, our data suggests that the benefits of utilising new technology outweigh any
potential setbacks, ‘making HR processes more efficient’ being the 3rd top priority for
investment in 2018 globally.
How Important is the Mobile Experience?
18
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Having a mobile-friendly
application/screening
process is seen as the
third best way to ensure
a positive background
screening experience,
with 25% of respondents
globally seeing this as
key.
However, in EMEA,
this figure is 39%,
suggesting that HR
departments are
seeing this as an
important update to
their recruitment
process.
Only 23% of businesses
globally are looking to
invest in mobile-friendly
tech for their
screening/application
processes in 2018.
Impact of Challenges and Opportunities on
Background Screening
What is Being Screened in EMEA?
20
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HireRight ® Copyright © 2018. All Rights Reserved
What is Being Screened in Financial Services
in EMEA?
21
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HireRight ® Copyright © 2018. All Rights Reserved
The EMEA Screening Landscape - Discrepancies
22
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HireRight ® Copyright © 2018. All Rights Reserved
Globally, 38% of respondents reported that they know of issues that
have arisen as a result of senior executives not being screened during
a merger or acquisition.
27% of EMEA respondents believed that people go through fewer tests
and interviews to get a job as a CEO than for an entry level position.
Top EMEA Screening Challenges in 2018
23
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HireRight ® Copyright © 2018. All Rights Reserved
Reducing time-to-hire is the top screening
challenge globally for 2018.
24
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HireRight ® Copyright © 2018. All Rights Reserved
The Future of Screening
• HireRight Global: the industry’s first truly global background
screening solution.
• For consistent and compliant screening around the world,
tailored to reflect local employment laws, culture and
languages.
5 Key Takeaways
Finders
keepers…
Retaining
your staff
25
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HireRight ® Copyright © 2018. All Rights Reserved
Truth will out
Candidate
discrepancies
A chain is only
as strong as its
weakest link
Building your
best team
Better safe
than sorry
Compliance
is key
Do unto
others…
Improve your
candidate
experience
Thank you for watching. Visit www.hireright.com/emea
to find out more about our services, or download the
report from www.hireright.com/emea/resources/library

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Resourcing: A Look to the Future - Challenges and Opportunities

  • 1. Nurturing Ikigai – Navigating APAC Hiring Trends Based on the HireRight 2018 APAC Employment Screening Benchmark Report April 12, 2018 Resourcing: A Look to the Future Challenges and Opportunities 2018 HireRight EMEA Employment Screening Benchmark Report
  • 2. HireRight has prepared these materials for informational purposes only. These materials are not intended to be comprehensive, and are not a substitute for, and should not be construed as, legal advice. HireRight does not warrant any statements in these materials. Employers should direct to their own experienced legal counsel questions involving their organisation’s compliance with or interpretation or application of laws or regulations and any additional legal requirements that may apply. Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved2 HireRight Legal Statement
  • 3. About HireRight 3 HireRight is a leading global provider of background screening services, helping organisations mitigate employee risk, make informed hiring decisions and meet compliance obligations. HireRight works in more than 200 countries and territories, and has offices around the globe, including the UK, USA, and Hong Kong. Almost half of the Fortune 100 and over a quarter of the FTSE 100 use HireRight’s services. Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved
  • 4. Agenda 7 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved
  • 5. 2018 HireRight EMEA Employment Screening Benchmark Report Introduction and Methodology 5 Based on surveys of more than 6,000 human resources, recruiting, compliance, and management professionals worldwide with 452 being from the EMEA region. Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved From United States, Canada, Europe, Middle East, Africa and Asia Pacific Including UK, Poland, Netherlands, Germany and Ireland
  • 7. GDPR – Beyond 25th May 7 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved 69% of our survey’s EMEA respondents believed they were fully prepared for the GDPR. You can read more about how HireRight prepared for the GDPR in our GDPR Whitepaper and our GDPR blogs.
  • 8. 8 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved Hiring in the UK post-Brexit Within the Financial Services, this figure was lower, with just over a third (34%) agreeing. Only 4% of EMEA respondents said they were planning to stop recruitment in the UK because of Brexit. 64% indicated that they strongly disagree that they will draw back from recruitment in the UK due to Brexit.
  • 9. Top EMEA Business Challenges in 2018 9 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved Finding, retaining and developing talent is a key challenge for 52% of EMEA employers, up from 50% in 2017.
  • 10. Top EMEA Financial Services Business Challenges in 2018 10 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved Regulatory changes are the top business challenge in the Financial Services, affecting 58% of EMEA employers – up from 52% in 2017.
  • 11. Senior Screening Struggles 11 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved Just 15% of HR and risk professionals are completely confident that new hires understand the implications of the Senior Managers Regime. Nearly four out of five (78%) are not sure if their organisation has successfully built the SMR into its culture.
  • 12. Top EMEA Talent Management Challenges in 2018 12 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved
  • 13. Opportunities: A Look to the Future
  • 14. Business Growth – EMEA vs APAC vs US 14 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved
  • 15. Top Investments for 2018 – US & EMEA 15 1. Finding qualified job candidates (59%) 2. Keeping good talent / employee retention (58%) 3. Making HR processes more efficient (49%) 4. Developing leaders within the organisation (41%) 5. Developing effective employee training programmes (40%) 1. Maximising employee engagement (52%) 2. Improving the candidate experience (51%) 3. Making HR processes more efficient (50%) 4. Finding qualified job candidates (46%) 5. Creating a positive corporate culture (45%) Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved
  • 16. Improving the Candidate Experience 16 Improving the candidate experience from application through onboarding Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved How to improve your candidates screening experience?  Tell candidates about the background screening process  Explain who HireRight is and what we do  Advise them on what will be checked, and what documents will need to be provided  Inform them of their rights under the GDPR
  • 17. Utilising Technology 17 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved Overall, our data suggests that the benefits of utilising new technology outweigh any potential setbacks, ‘making HR processes more efficient’ being the 3rd top priority for investment in 2018 globally.
  • 18. How Important is the Mobile Experience? 18 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved Having a mobile-friendly application/screening process is seen as the third best way to ensure a positive background screening experience, with 25% of respondents globally seeing this as key. However, in EMEA, this figure is 39%, suggesting that HR departments are seeing this as an important update to their recruitment process. Only 23% of businesses globally are looking to invest in mobile-friendly tech for their screening/application processes in 2018.
  • 19. Impact of Challenges and Opportunities on Background Screening
  • 20. What is Being Screened in EMEA? 20 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved
  • 21. What is Being Screened in Financial Services in EMEA? 21 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved
  • 22. The EMEA Screening Landscape - Discrepancies 22 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved Globally, 38% of respondents reported that they know of issues that have arisen as a result of senior executives not being screened during a merger or acquisition. 27% of EMEA respondents believed that people go through fewer tests and interviews to get a job as a CEO than for an entry level position.
  • 23. Top EMEA Screening Challenges in 2018 23 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved Reducing time-to-hire is the top screening challenge globally for 2018.
  • 24. 24 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved The Future of Screening • HireRight Global: the industry’s first truly global background screening solution. • For consistent and compliant screening around the world, tailored to reflect local employment laws, culture and languages.
  • 25. 5 Key Takeaways Finders keepers… Retaining your staff 25 Proprietary and Confidential — HireRight – For HireRight-Authorized Recipient Only – Further Distribution Prohibited HireRight ® Copyright © 2018. All Rights Reserved Truth will out Candidate discrepancies A chain is only as strong as its weakest link Building your best team Better safe than sorry Compliance is key Do unto others… Improve your candidate experience
  • 26. Thank you for watching. Visit www.hireright.com/emea to find out more about our services, or download the report from www.hireright.com/emea/resources/library