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#indeedinsights
Transformational Talent:
Portrait of the High-Potential Workforce
Matt Burney
Employer Insights Strategist
Indeed
@Sussexmatt
#indeedinsights
When we think about extraordinary performance,
it’s hard not to ask—what sets these people apart?
#indeedinsights
Luck? Timing? Innate ability? Effort? Perseverance?
#indeedinsights
“Is there such a thing as innate talent? The
obvious answer is yes …[but] the closer psychologists
look at the careers of the gifted,
the smaller role innate talent seems to play
and the bigger role preparation seems to play.”
Malcolm Gladwell
Outliers: The Story of Success
#indeedinsights
We asked 1,000 hiring managers in the Netherlands:
“Think about the most impressive top performer
you’ve worked with at your current company or
a previous company. What is the #1 attribute
this person exemplified?”
#indeedinsights
We identified 5 leading attributes of transformational talent in the Netherlands
Problem solvingStrategic thinking Passion CommunicationDrive
#indeedinsights
What makes this combination so transformational?
Strategic thinkingProblem solving Self-directionPassion Drive
#indeedinsights
A bias towards action
Problem solvingStrategic thinking Passion CommunicationDrive
#indeedinsights
Experience and the capability to learn how to do things effectively
Problem solvingStrategic thinking Passion CommunicationDrive
#indeedinsights
Effort or Experience
#indeedinsights
Effort or Experience
Effort + Experience
#indeedinsights
What is the impact of transformational
talent in our workplaces?
#indeedinsights
“People are not your most important
asset. The right people are.”
Jim Collins
Good to Great
#indeedinsights
What is the value of a
top performer?
High performers are
4X more productive than
average performers
4X
Bain & Company
#indeedinsights
What is the value of a
top performer?
High performers are
10X more productive than
average performers
4X
10X
Bain & Company
GE
#indeedinsights
What is the value of a
top performer?
High performers are
25X more productive than
average performers
4X
10X
25X
Bain & Company
GE
Apple
#indeedinsights
But the most surprising answer came from Google …
#indeedinsights
4X
10X
25X
Bain & Company
GE
300X
Apple
Google
High-performing technologists
are 300X more productive than
average performers
What is the value of a
top performer?
#indeedinsights
4X–300X
Who is correct?
#indeedinsights
They may all be right:
It comes down to the line you draw to
define “top talent”
#indeedinsights
Research shows a small portion of your workforce has an outsized
impact on business output
THE BEST AND THE REST: REVISITING THE NORM OF NORMALITY OF INDIVIDUAL PERFORMANCE, Personnel Psychology, 2012
#indeedinsights
The bottom 10% of talent is responsible for 0% of output
THE BEST AND THE REST: REVISITING THE NORM OF NORMALITY OF INDIVIDUAL PERFORMANCE, Personnel Psychology, 2012
#indeedinsights
The next 85% of your talent is responsible for 74% of output
THE BEST AND THE REST: REVISITING THE NORM OF NORMALITY OF INDIVIDUAL PERFORMANCE, Personnel Psychology, 2012
#indeedinsights
The next 4% of your workforce is responsible for 16% of output
That’s 5X the output of the average worker
THE BEST AND THE REST: REVISITING THE NORM OF NORMALITY OF INDIVIDUAL PERFORMANCE, Personnel Psychology, 2012
#indeedinsights
And 10% of productivity comes from the top 1% of employees
That’s 10X more than the average worker
THE BEST AND THE REST: REVISITING THE NORM OF NORMALITY OF INDIVIDUAL PERFORMANCE, Personnel Psychology, 2012
#indeedinsights
How can we recruit and build teams
overflowing with top talent?
#indeedinsights
The most successful top talent recruiting
programs are built on three simple ideas
#indeedinsights
Top talent have options: You need to inspire them
Idea #1
#indeedinsights
“When you’re surrounded by people who share
a passionate commitment around a common purpose,
anything is possible.”
Howard Schultz
CEO, Starbucks
#indeedinsights
For top performers, inspiration is the primary motivator for career change
Top performers are less likely to consider new jobs
when they are discouraged at work
-33%
Source: Indeed jobseeker study conducted by Decipher/FocusVision (Base: employed adults
self-identifying as being recognised for top performer attributes, N=1,823)
#indeedinsights
More interesting, challenging work
+17%
Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 )
#indeedinsights
Better work or team environment
+18%
Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 )
#indeedinsights
Clear path for advancement
+22%
Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 )
#indeedinsights
Company mission/vision
+38%
Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 )
#indeedinsights
Top talent is 5% less likely to accept a job
for better compensation or benefits
Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 )
#indeedinsights
Great companies use mission, purpose and impact
to attract transformational talent
#indeedinsights
#indeedinsights
“The people here at Apple don’t just create products—they create the kind
of wonder that’s revolutionised entire industries. Join Apple, and help
us leave the world better than we found it.”
#indeedinsights
#indeedinsights
“No global movement springs from individuals. It takes an entire team
united behind something big. Together, we work hard, we laugh a lot, we
brainstorm nonstop, we use hundreds of Post-Its a week, and we give
the best high-fives in town.”
#indeedinsights
In the internet economy, top talent will find
you if you make it easy
Idea #2
#indeedinsights
Top performers want to
be in control of their
career decisions
Agree
“I would feel more confident a job is the right
fit for me when I pick the company and apply
rather than being contacted by an external
party for the position.”
54%
50% Agree
“I think I would be more successful in a job I
found and got on my own versus a job which
I got through an external party (friend,
recruiter, etc).”
Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 )
#indeedinsights
#indeedinsights
Say they search for job opportunities
at least a few times a year90%
72% Look at new jobs monthly
Top performers take initiative:
they actively look for the right
opportunity
Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 )
#indeedinsights
#indeedinsights
Make it easy for top talent to get through your door
Idea #3
#indeedinsights
In the era of job search, transformational talent will find your jobs
Inspire Make it easy to
show interest
Respond quickly
to applicants
Wow them with
a candidate
experience
Build a personal
connection
with them
Show them what
is special about
your company
Focus the
offer on the
right things
Transformational Talent
#indeedinsights
Companies with strong brands and reputations will have a
strong pipeline of top talent
Inspire Make it easy to
show interest
Respond quickly
to applicants
Wow them with
a candidate
experience
Build a personal
connection
with them
Show them what
is special about
your company
Focus the
offer on the
right things
Transformational Talent
#indeedinsights
The biggest issue: companies accidentally eliminate
top talent early in the recruiting process
#indeedinsights
Inspire Make it easy to
show interest
Respond quickly
to applicants
Wow them with
a candidate
experience
Build a personal
connection
with them
Show them what
is special about
your company
Focus the
offer on the
right things
When companies make it too hard to show interest, top
talent will go elsewhere
Transformational Talent
#indeedinsights
You risk losing up to 4% of candidates with every
minute you add to your application process
Source: Seven Step RPO
#indeedinsights
Median time to apply for the
Netherlands’ top employers
2 minutes
Source: Indeed
#indeedinsights
Apply times vary significantly within the Netherlands
Source: Indeed
Shortest
<1 minute
Longest
8 minutes
#indeedinsights
#indeedinsights
Know your competition
Some of the fastest application processes in the Netherlands include:
Source: Indeed
0.5 minute 0.5 minute 1 minute 1 minute 1 minute
#indeedinsights
To be competitive in the Netherlands, you have to
have an incredibly fast application process
#indeedinsights
If you have complex online job applications,
you will lose most of your transformational applicants
#indeedinsights
83%100% 50% 11%
0
screener questions
10
screener questions
30
screener questions
45+
screener questions
The average Dutch company loses nearly a quarter of qualified candidates
to complex application processes
% of qualified candidates remaining
Source: Indeed
#indeedinsights
Know your competition
Companies with the fewest number of screener questions in the Netherlands include:
4 4 6 6 6
Source: Indeed
#indeedinsights
What does great look like?
#indeedinsights
Netflix’s application has
only 5 fields for all positions
(including senior-level and
hard-to-fill roles)
5 application questions
1 minute to apply
#indeedinsights
Nike, Inc. Europe, headquartered
in Hilversum, provides candidates with
multiple options for submitting their
application, including through an Indeed
account
#indeedinsights
German company Roche enables
candidates to auto-fill application
details by connecting their social
accounts, drastically reducing the
time to apply
#indeedinsights
If top candidates can’t apply to your jobs, they won’t
#indeedinsights
So where do we go from here?
#indeedinsights
“No team has ever had too
many strong performers.”
Sheryl Sandberg
COO, Facebook
#indeedinsights
Global labour trends will continue to increase the
impact of top talent over the next decade
Automation Skills shortage
Leverage through
technology
Fewer people,
bigger impact
#indeedinsights
Inspire top talent Make it easy for
top talent find
your jobs
Keep your apply
process simple
Create a great top
talent experience
Look for the
5 markers of
top talent
Give offers
that matter to
top talent
Summary: How to recruit more transformational talent
Emphasise qualities like your company’s mission or vision and the meaning or
impact of the work that the chosen candidate will be doing
#indeedinsights
Inspire top talent Make it easy for
top talent find
your jobs
Keep your apply
process simple
Create a great top
talent experience
Look for the
5 markers of
top talent
Give offers
that matter to
top talent
Summary: How to recruit more transformational talent
Keep in mind that transformational talent’s top two job search activities are
visiting online job sites/boards and subscribing to their job alerts
#indeedinsights
Inspire top talent Make it easy for
top talent find
your jobs
Keep your apply
process simple
Create a great top
talent experience
Look for the
5 markers of
top talent
Give offers
that matter to
top talent
Minimise your screener questions and time to apply to maximise your quality applicants
Summary: How to recruit more transformational talent
#indeedinsights
Inspire top talent Make it easy for
top talent find
your jobs
Keep your apply
process simple
Create a great top
talent experience
Look for the
5 markers of
top talent
Give offers
that matter to
top talent
Follow up quickly with top talent when they apply to your jobs and remain
transparent and communicative throughout the application process
Summary: How to recruit more transformational talent
#indeedinsights
Inspire top talent Make it easy for
top talent find
your jobs
Keep your apply
process simple
Create a great top
talent experience
Look for the
5 markers of
top talent
Give offers
that matter to
top talent
Problem solving, passion, strategic thinking, ownership, self-direction
Summary: How to recruit more transformational talent
#indeedinsights
Inspire top talent Make it easy for
top talent find
your jobs
Keep your apply
process simple
Create a great top
talent experience
Look for the
5 markers of
top talent
Give offers
that matter to
top talent
Summary: How to recruit more transformational talent
Company Mission, Challenging Work and an ability to make an impact
#indeedinsights
“You can dream, create, design and build the
most wonderful place in the world … but it
requires people to make the dream a reality.”
Walt Disney
Founder, The Walt Disney Company
#indeedinsights
Transformational Talent:
Portrait of the High-Potential Workforce
Matt Burney
Employer Insights Strategist
Indeed
@Sussexmatt

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Transformational Talent: 5 Strategies to Recruit Top Performers

  • 1. #indeedinsights Transformational Talent: Portrait of the High-Potential Workforce Matt Burney Employer Insights Strategist Indeed @Sussexmatt
  • 2. #indeedinsights When we think about extraordinary performance, it’s hard not to ask—what sets these people apart?
  • 3. #indeedinsights Luck? Timing? Innate ability? Effort? Perseverance?
  • 4. #indeedinsights “Is there such a thing as innate talent? The obvious answer is yes …[but] the closer psychologists look at the careers of the gifted, the smaller role innate talent seems to play and the bigger role preparation seems to play.” Malcolm Gladwell Outliers: The Story of Success
  • 5. #indeedinsights We asked 1,000 hiring managers in the Netherlands: “Think about the most impressive top performer you’ve worked with at your current company or a previous company. What is the #1 attribute this person exemplified?”
  • 6. #indeedinsights We identified 5 leading attributes of transformational talent in the Netherlands Problem solvingStrategic thinking Passion CommunicationDrive
  • 7. #indeedinsights What makes this combination so transformational? Strategic thinkingProblem solving Self-directionPassion Drive
  • 8. #indeedinsights A bias towards action Problem solvingStrategic thinking Passion CommunicationDrive
  • 9. #indeedinsights Experience and the capability to learn how to do things effectively Problem solvingStrategic thinking Passion CommunicationDrive
  • 12. #indeedinsights What is the impact of transformational talent in our workplaces?
  • 13. #indeedinsights “People are not your most important asset. The right people are.” Jim Collins Good to Great
  • 14. #indeedinsights What is the value of a top performer? High performers are 4X more productive than average performers 4X Bain & Company
  • 15. #indeedinsights What is the value of a top performer? High performers are 10X more productive than average performers 4X 10X Bain & Company GE
  • 16. #indeedinsights What is the value of a top performer? High performers are 25X more productive than average performers 4X 10X 25X Bain & Company GE Apple
  • 17. #indeedinsights But the most surprising answer came from Google …
  • 18. #indeedinsights 4X 10X 25X Bain & Company GE 300X Apple Google High-performing technologists are 300X more productive than average performers What is the value of a top performer?
  • 20. #indeedinsights They may all be right: It comes down to the line you draw to define “top talent”
  • 21. #indeedinsights Research shows a small portion of your workforce has an outsized impact on business output THE BEST AND THE REST: REVISITING THE NORM OF NORMALITY OF INDIVIDUAL PERFORMANCE, Personnel Psychology, 2012
  • 22. #indeedinsights The bottom 10% of talent is responsible for 0% of output THE BEST AND THE REST: REVISITING THE NORM OF NORMALITY OF INDIVIDUAL PERFORMANCE, Personnel Psychology, 2012
  • 23. #indeedinsights The next 85% of your talent is responsible for 74% of output THE BEST AND THE REST: REVISITING THE NORM OF NORMALITY OF INDIVIDUAL PERFORMANCE, Personnel Psychology, 2012
  • 24. #indeedinsights The next 4% of your workforce is responsible for 16% of output That’s 5X the output of the average worker THE BEST AND THE REST: REVISITING THE NORM OF NORMALITY OF INDIVIDUAL PERFORMANCE, Personnel Psychology, 2012
  • 25. #indeedinsights And 10% of productivity comes from the top 1% of employees That’s 10X more than the average worker THE BEST AND THE REST: REVISITING THE NORM OF NORMALITY OF INDIVIDUAL PERFORMANCE, Personnel Psychology, 2012
  • 26. #indeedinsights How can we recruit and build teams overflowing with top talent?
  • 27. #indeedinsights The most successful top talent recruiting programs are built on three simple ideas
  • 28. #indeedinsights Top talent have options: You need to inspire them Idea #1
  • 29. #indeedinsights “When you’re surrounded by people who share a passionate commitment around a common purpose, anything is possible.” Howard Schultz CEO, Starbucks
  • 30. #indeedinsights For top performers, inspiration is the primary motivator for career change Top performers are less likely to consider new jobs when they are discouraged at work -33% Source: Indeed jobseeker study conducted by Decipher/FocusVision (Base: employed adults self-identifying as being recognised for top performer attributes, N=1,823)
  • 31. #indeedinsights More interesting, challenging work +17% Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 )
  • 32. #indeedinsights Better work or team environment +18% Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 )
  • 33. #indeedinsights Clear path for advancement +22% Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 )
  • 35. #indeedinsights Top talent is 5% less likely to accept a job for better compensation or benefits Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 )
  • 36. #indeedinsights Great companies use mission, purpose and impact to attract transformational talent
  • 38. #indeedinsights “The people here at Apple don’t just create products—they create the kind of wonder that’s revolutionised entire industries. Join Apple, and help us leave the world better than we found it.”
  • 40. #indeedinsights “No global movement springs from individuals. It takes an entire team united behind something big. Together, we work hard, we laugh a lot, we brainstorm nonstop, we use hundreds of Post-Its a week, and we give the best high-fives in town.”
  • 41. #indeedinsights In the internet economy, top talent will find you if you make it easy Idea #2
  • 42. #indeedinsights Top performers want to be in control of their career decisions Agree “I would feel more confident a job is the right fit for me when I pick the company and apply rather than being contacted by an external party for the position.” 54% 50% Agree “I think I would be more successful in a job I found and got on my own versus a job which I got through an external party (friend, recruiter, etc).” Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 ) #indeedinsights
  • 43. #indeedinsights Say they search for job opportunities at least a few times a year90% 72% Look at new jobs monthly Top performers take initiative: they actively look for the right opportunity Source: Decipher/FocusVision on behalf of Indeed ( N = 2,006 ) #indeedinsights
  • 44. #indeedinsights Make it easy for top talent to get through your door Idea #3
  • 45. #indeedinsights In the era of job search, transformational talent will find your jobs Inspire Make it easy to show interest Respond quickly to applicants Wow them with a candidate experience Build a personal connection with them Show them what is special about your company Focus the offer on the right things Transformational Talent
  • 46. #indeedinsights Companies with strong brands and reputations will have a strong pipeline of top talent Inspire Make it easy to show interest Respond quickly to applicants Wow them with a candidate experience Build a personal connection with them Show them what is special about your company Focus the offer on the right things Transformational Talent
  • 47. #indeedinsights The biggest issue: companies accidentally eliminate top talent early in the recruiting process
  • 48. #indeedinsights Inspire Make it easy to show interest Respond quickly to applicants Wow them with a candidate experience Build a personal connection with them Show them what is special about your company Focus the offer on the right things When companies make it too hard to show interest, top talent will go elsewhere Transformational Talent
  • 49. #indeedinsights You risk losing up to 4% of candidates with every minute you add to your application process Source: Seven Step RPO
  • 50. #indeedinsights Median time to apply for the Netherlands’ top employers 2 minutes Source: Indeed
  • 51. #indeedinsights Apply times vary significantly within the Netherlands Source: Indeed Shortest <1 minute Longest 8 minutes #indeedinsights
  • 52. #indeedinsights Know your competition Some of the fastest application processes in the Netherlands include: Source: Indeed 0.5 minute 0.5 minute 1 minute 1 minute 1 minute
  • 53. #indeedinsights To be competitive in the Netherlands, you have to have an incredibly fast application process
  • 54. #indeedinsights If you have complex online job applications, you will lose most of your transformational applicants
  • 55. #indeedinsights 83%100% 50% 11% 0 screener questions 10 screener questions 30 screener questions 45+ screener questions The average Dutch company loses nearly a quarter of qualified candidates to complex application processes % of qualified candidates remaining Source: Indeed
  • 56. #indeedinsights Know your competition Companies with the fewest number of screener questions in the Netherlands include: 4 4 6 6 6 Source: Indeed
  • 58. #indeedinsights Netflix’s application has only 5 fields for all positions (including senior-level and hard-to-fill roles) 5 application questions 1 minute to apply
  • 59. #indeedinsights Nike, Inc. Europe, headquartered in Hilversum, provides candidates with multiple options for submitting their application, including through an Indeed account
  • 60. #indeedinsights German company Roche enables candidates to auto-fill application details by connecting their social accounts, drastically reducing the time to apply
  • 61. #indeedinsights If top candidates can’t apply to your jobs, they won’t
  • 62. #indeedinsights So where do we go from here?
  • 63. #indeedinsights “No team has ever had too many strong performers.” Sheryl Sandberg COO, Facebook
  • 64. #indeedinsights Global labour trends will continue to increase the impact of top talent over the next decade Automation Skills shortage Leverage through technology Fewer people, bigger impact
  • 65. #indeedinsights Inspire top talent Make it easy for top talent find your jobs Keep your apply process simple Create a great top talent experience Look for the 5 markers of top talent Give offers that matter to top talent Summary: How to recruit more transformational talent Emphasise qualities like your company’s mission or vision and the meaning or impact of the work that the chosen candidate will be doing
  • 66. #indeedinsights Inspire top talent Make it easy for top talent find your jobs Keep your apply process simple Create a great top talent experience Look for the 5 markers of top talent Give offers that matter to top talent Summary: How to recruit more transformational talent Keep in mind that transformational talent’s top two job search activities are visiting online job sites/boards and subscribing to their job alerts
  • 67. #indeedinsights Inspire top talent Make it easy for top talent find your jobs Keep your apply process simple Create a great top talent experience Look for the 5 markers of top talent Give offers that matter to top talent Minimise your screener questions and time to apply to maximise your quality applicants Summary: How to recruit more transformational talent
  • 68. #indeedinsights Inspire top talent Make it easy for top talent find your jobs Keep your apply process simple Create a great top talent experience Look for the 5 markers of top talent Give offers that matter to top talent Follow up quickly with top talent when they apply to your jobs and remain transparent and communicative throughout the application process Summary: How to recruit more transformational talent
  • 69. #indeedinsights Inspire top talent Make it easy for top talent find your jobs Keep your apply process simple Create a great top talent experience Look for the 5 markers of top talent Give offers that matter to top talent Problem solving, passion, strategic thinking, ownership, self-direction Summary: How to recruit more transformational talent
  • 70. #indeedinsights Inspire top talent Make it easy for top talent find your jobs Keep your apply process simple Create a great top talent experience Look for the 5 markers of top talent Give offers that matter to top talent Summary: How to recruit more transformational talent Company Mission, Challenging Work and an ability to make an impact
  • 71. #indeedinsights “You can dream, create, design and build the most wonderful place in the world … but it requires people to make the dream a reality.” Walt Disney Founder, The Walt Disney Company
  • 72. #indeedinsights Transformational Talent: Portrait of the High-Potential Workforce Matt Burney Employer Insights Strategist Indeed @Sussexmatt