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Julian Ladd Monster Worldwide Research, trends and predictions 16 June 2010

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The future of recruitment

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Julian LaddMonster Worldwide

Research, trends and predictions16 June 2010

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‘an age of austerity’....cut state spending in

ways that will ‘affect our economy, our

society, indeed our entire way of life’

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‘..in the Budget there will be further measures

to stimulate private sector employment...’

Chancellor of the Exchequer 8 June 2010

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96% of employers plans to either maintain or increase their workforce over the next year

online recruitment activity up 15% since last year

Increased pressure on public sector

Continued shift from traditional to online

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The Monster Employment Index UK in May

http://hiring.monster.co.uk/hr/hr-best-practices/market-intelligence/labour-statistics-trends/employment-index-may10.aspx

+7%

On the up: banking and accountingNorthern Ireland

Not so good: healthcare & social workScotland

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and the world of candidates...

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47% go online to look for job vacancies

Top search = job specific terms6.6 million (March)

Get visible online!

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Looking for a new job is a time of emotional peaks and valleys. The mood is changeable.

Uncertain

Not confident

DiscouragedDauntedTired

Reaffirmed EncouragedExcited

Pessimistic

Optimistic

Anxious Angry

Source: Monster European Research April 2010

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Core consumer groups across Europe

“Optimistic Aspirers”

“Easy Riders”“No-Nonsense Career-Builders”

“Lost and Nervous”

Source: Monster European Research April 2010

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What does that mean for recruiters?

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“Optimistic Aspirers”

“Easy Riders”“No-Nonsense Career-Builders”

“Lost and Nervous”

Suggestions, new ideas, creative search techniques. Inspiration to explore new directions; vision to map the future

Hand-holding, advice, guidance, feedback especially around their CV and post application

Filtering power, detailed information on the jobs available. Rational data allowing them the choices they want

“One click” options; simple processes; minimum fuss.

No cookie cut approach!

Source: Monster European Research April 2010

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SOCIAL MEDIA…

MYTH OR REALITY???

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Do you (would you) ever use social networks as part of your job search?

The must-haves

Useful intelligencePrivacy protections

Professional tone and feel

“No! I want to control who knows that I am looking for a job. It’s very private information. On social networks, you

don’t have many privacy protections”

“I’m not interested in networking with other job seekers. They’re my

competitors”

“I want to know as much as possible about the companies that are posting vacancies. This is how I might use LinkedIn—maybe it turns out I

know or can meet some people who work there”

“I especially wouldn’t use something like Facebook—which is part of my social

life, not my professional life”

Source: Monster European Research April 2010

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2011 and beyond for recruitment?

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“we must have HR innovators delivering

innovative HR solutions”

David Ulrich

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outsourcing

technology

Innovationtalent vision

social media

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Food for thought

Innovative resourcing

Tangible social media

HR Network

Search for talent

Diversity

Employer brand Keep up

with candidates