36
1 Knowledge Infusion Proprietary and Confidential, Copyright 2008 1 Knowledge Infusion Proprietary and Confidential, Copyright 2008 1 Knowledge Infusion Proprietary and Confidential, Copyright 2008 Recruiting Trends and Best Practices: What’s Hot in 2008 January 31, 2008

Recruiting Trends and Best Practices: What's Hot in 2008

Embed Size (px)

DESCRIPTION

ERE Webinar from 1/31/2008, hosted by Elaine Orler and Jason Corsello

Citation preview

Page 1: Recruiting Trends and Best Practices: What's Hot in 2008

1Knowledge Infusion Proprietary and Confidential, Copyright 2008 1Knowledge Infusion Proprietary and Confidential, Copyright 2008 1Knowledge Infusion Proprietary and Confidential, Copyright 2008

Recruiting Trends and Best Practices: What’s Hot in 2008

January 31, 2008

Page 2: Recruiting Trends and Best Practices: What's Hot in 2008

2Knowledge Infusion Proprietary and Confidential, Copyright 2008 2Knowledge Infusion Proprietary and Confidential, Copyright 2008 2Knowledge Infusion Proprietary and Confidential, Copyright 2008

Elaine OrlerVice President,

Talent Acquisition Mgmt

Jason CorselloVice President

Center of Excellence

Page 3: Recruiting Trends and Best Practices: What's Hot in 2008

3Knowledge Infusion Proprietary and Confidential, Copyright 2008 3Knowledge Infusion Proprietary and Confidential, Copyright 2008 3Knowledge Infusion Proprietary and Confidential, Copyright 2008

About Knowledge Infusion

Total Employees

Nordstrom, MetLife, Yahoo!, Turner Broadcasting, Intuit, Safeway, Luxottica, Health Net, AAA

Notable Customers

HCM and talent management, portals and self-service, performance, succession, recruitment, learning & development, workforce planning, analytics

Areas of Expertise

Over 150Number of Customers

Fortune 2000, Mid-market, Public SectorTarget Markets

Minneapolis, MN; Offices throughout USHeadquarters & Offices

Founded in 2004 by Jason Averbook and Heidi SpirgiLeader in HCM and talent management consulting and advisory services

Global Company

Approximately 50, Across North America

Page 4: Recruiting Trends and Best Practices: What's Hot in 2008

4Knowledge Infusion Proprietary and Confidential, Copyright 2008 4Knowledge Infusion Proprietary and Confidential, Copyright 2008 4Knowledge Infusion Proprietary and Confidential, Copyright 2008

Services Tied to Business Results

Page 5: Recruiting Trends and Best Practices: What's Hot in 2008

5Knowledge Infusion Proprietary and Confidential, Copyright 2008 5Knowledge Infusion Proprietary and Confidential, Copyright 2008 5Knowledge Infusion Proprietary and Confidential, Copyright 2008

2008 Trends

Market Landscape1. Recession Shift2. Global Focus3. Workforce DemographicsTechnology Landscape 4. TAS Consolidation5. Technology Enabled Services6. Unified Talent ManagementRecruiting Landscape7. Emergence of Social Networking Strategy8. Talent Intelligence 9. Volume Hiring 10.Free Agent Workforce

Page 6: Recruiting Trends and Best Practices: What's Hot in 2008

6Knowledge Infusion Proprietary and Confidential, Copyright 2008 6Knowledge Infusion Proprietary and Confidential, Copyright 2008 6Knowledge Infusion Proprietary and Confidential, Copyright 2008

1Recession ShiftEconomics: a period of an economic

contraction, sometimes limited in scope or duration.

Page 7: Recruiting Trends and Best Practices: What's Hot in 2008

7Knowledge Infusion Proprietary and Confidential, Copyright 2008 7Knowledge Infusion Proprietary and Confidential, Copyright 2008 7Knowledge Infusion Proprietary and Confidential, Copyright 2008

1. Recession Shift

Global markets plunge on U.S. recession fears(CNNMoney.com) (3 weeks ago)

Goldman Sachs sees recession in 2008(news.yahoo.com) (2 weeks ago)

Recession 2008: Take the Offensive(businessweek.com) (last week)

Consumer spending weak; jobless claims surgeIn another bad sign for the economy, the number of workers filing new claims for jobless aid jumped by

a much larger-than-expected 69,000 last week to the highest in more than two years

(usatoday.com) (today)

Page 8: Recruiting Trends and Best Practices: What's Hot in 2008

8Knowledge Infusion Proprietary and Confidential, Copyright 2008 8Knowledge Infusion Proprietary and Confidential, Copyright 2008 8Knowledge Infusion Proprietary and Confidential, Copyright 2008

Recession Shift in Recruiting

Reduction in resources dedicated to external recruiting

“Freeze”, “Chill”, in mass hiring efforts

Redistribution of work related to HR, TM and TA

Prioritization and Process Analysis

Internal Forces

Jobless Claims Upturn

Economic Downturn

Increased volume of inquires related to opportunities

Increased applicants applying for opportunities they are not qualified for

Greater exposure to regulatory requirements

Hesitation in relocation based on global economy

External Forces

Slower execution of business strategy and operating plans

Delayed and loner processes to make talent decisions

Increased transaction based activities with non-qualified applicants

Business ImpactFUD

Election Year

Page 9: Recruiting Trends and Best Practices: What's Hot in 2008

9Knowledge Infusion Proprietary and Confidential, Copyright 2008 9Knowledge Infusion Proprietary and Confidential, Copyright 2008 9Knowledge Infusion Proprietary and Confidential, Copyright 2008

2Global FocusPertaining to the whole world; worldwide;

universal: the dream of global peace.

Page 10: Recruiting Trends and Best Practices: What's Hot in 2008

10Knowledge Infusion Proprietary and Confidential, Copyright 2008 10Knowledge Infusion Proprietary and Confidential, Copyright 2008 10Knowledge Infusion Proprietary and Confidential, Copyright 2008

3Workforce DemographicsThe workers employed in a specific project or activity.

All the people working or available to work, as in a nation, company, industry, or on a project.

Page 11: Recruiting Trends and Best Practices: What's Hot in 2008

11Knowledge Infusion Proprietary and Confidential, Copyright 2008 11Knowledge Infusion Proprietary and Confidential, Copyright 2008 11Knowledge Infusion Proprietary and Confidential, Copyright 2008

Less People in the Workforce

Source: Based on data from the U.S. Census Bureau, 2000; U.S. Census Bureau, International Data Base, July 2003

Generations whose members are alive today by year of birth (in millions)

Baby BoomGeneration

GenerationXU

.S. p

opul

atio

n al

ive

toda

y(in

mill

ions

)

GenerationY

Greatest +Eisenhower Generations

0

0.5

1

1.5

2

2.5

3

3.5

4

4.5

5

1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000

Baby BoomGeneration

Page 12: Recruiting Trends and Best Practices: What's Hot in 2008

12Knowledge Infusion Proprietary and Confidential, Copyright 2008 12Knowledge Infusion Proprietary and Confidential, Copyright 2008 12Knowledge Infusion Proprietary and Confidential, Copyright 2008

Younger People Don’t Live To Work

Page 13: Recruiting Trends and Best Practices: What's Hot in 2008

13Knowledge Infusion Proprietary and Confidential, Copyright 2008 13Knowledge Infusion Proprietary and Confidential, Copyright 2008 13Knowledge Infusion Proprietary and Confidential, Copyright 2008

Anyplace, Anytime

People Working From Home (M)

Office, 35%

In Between, 30%

Home, 35%

• In the Office, on the road and at home• 24x7• Work will take place in shorter “chunks,” down from

months to weeks

Location for work

Page 14: Recruiting Trends and Best Practices: What's Hot in 2008

14Knowledge Infusion Proprietary and Confidential, Copyright 2008 14Knowledge Infusion Proprietary and Confidential, Copyright 2008 14Knowledge Infusion Proprietary and Confidential, Copyright 2008

4TAS ConsolidationAn act or instance of consolidating; the state

of being consolidated; unification: consolidation of companies.

Page 15: Recruiting Trends and Best Practices: What's Hot in 2008

15Knowledge Infusion Proprietary and Confidential, Copyright 2008 15Knowledge Infusion Proprietary and Confidential, Copyright 2008 15Knowledge Infusion Proprietary and Confidential, Copyright 2008

2008 Technology Evolution – Talent Acquisition Systems

1988-1998

Applicant TrackingSystems(stand-alone)

The Future?

2002-2003

Candidate MgmtWorkforce Mgmt

1998-2001

Profiling/Job Seeker Mgmt

TAS – Total Solution BPO/RPO

Hourly/ContingentOn-Boarding

2004-2006 2008

TMS – Total SolutionGlobal PlatformContact Mgmt

Social Networking (linkage with performance mgmt, succession

planning)

Page 16: Recruiting Trends and Best Practices: What's Hot in 2008

16Knowledge Infusion Proprietary and Confidential, Copyright 2008 16Knowledge Infusion Proprietary and Confidential, Copyright 2008 16Knowledge Infusion Proprietary and Confidential, Copyright 2008

2008 Talent Acquisition – Acquisition List

• 2002• iJobs by Lawson• Resumix by HotJobs

• 2003• Personic by Unicru• PureCarbon by Workstream • Icarian by Workstream

• 2003• RecruitingSolutions by Ceridian• HotJobs/Resumix by Yahoo!

• 2004• Humetrics by Deploy• KnowledgePoint by Vurv

• 2005• Hire.com by Authoria

• 2006• BrassRing by Kenexa• Webhire by Kenexa• Unicru by Kronos• VirtualEdge by ADP

• 2007• People Business Network by Vurv• Deploy by Kronos

• 2008• TBD

Page 17: Recruiting Trends and Best Practices: What's Hot in 2008

17Knowledge Infusion Proprietary and Confidential, Copyright 2008 17Knowledge Infusion Proprietary and Confidential, Copyright 2008 17Knowledge Infusion Proprietary and Confidential, Copyright 2008

Usability Most Important Factor When Selecting a Talent Management Suite Vendor

Source: Knowledge Infusion & HR Executive ® Talent Management Suite Adoption SurveyN = 267

Page 18: Recruiting Trends and Best Practices: What's Hot in 2008

18Knowledge Infusion Proprietary and Confidential, Copyright 2008 18Knowledge Infusion Proprietary and Confidential, Copyright 2008 18Knowledge Infusion Proprietary and Confidential, Copyright 2008

Evolving the Buying Cycle

Making the “Business Case”

Building a “Business Plan”

Focus on Functional ROI

Dedication to Business Value & Impact

Business Process-Centric

Focus on User Experience & Unification

Capital Expenditure Operating Expenditure

Traditional Buying Cycle… …To Buying Software in 2008

Going from a 12 Month Cycle… …To a 3 Month Cycle

Page 19: Recruiting Trends and Best Practices: What's Hot in 2008

19Knowledge Infusion Proprietary and Confidential, Copyright 2008 19Knowledge Infusion Proprietary and Confidential, Copyright 2008 19Knowledge Infusion Proprietary and Confidential, Copyright 2008

5Technology Enabled ServicesTo make able; give power, means, competence, or

ability to; authorize. To make possible or easy

Page 20: Recruiting Trends and Best Practices: What's Hot in 2008

20Knowledge Infusion Proprietary and Confidential, Copyright 2008 20Knowledge Infusion Proprietary and Confidential, Copyright 2008 20Knowledge Infusion Proprietary and Confidential, Copyright 2008

Kayak

Page 21: Recruiting Trends and Best Practices: What's Hot in 2008

21Knowledge Infusion Proprietary and Confidential, Copyright 2008 21Knowledge Infusion Proprietary and Confidential, Copyright 2008 21Knowledge Infusion Proprietary and Confidential, Copyright 2008

An Example of Improved Usability

Page 22: Recruiting Trends and Best Practices: What's Hot in 2008

22Knowledge Infusion Proprietary and Confidential, Copyright 2008 22Knowledge Infusion Proprietary and Confidential, Copyright 2008 22Knowledge Infusion Proprietary and Confidential, Copyright 2008

6Unified Talent ManagementFormed or united into a whole

Page 23: Recruiting Trends and Best Practices: What's Hot in 2008

23Knowledge Infusion Proprietary and Confidential, Copyright 2008 23Knowledge Infusion Proprietary and Confidential, Copyright 2008 23Knowledge Infusion Proprietary and Confidential, Copyright 2008

Market Evolution, Segmentation, Differentiation

• Buyers• Identify value of integration options• Define business outcomes and transform processes• Know your 3-year plan and select vendors accordingly• HR and business stakeholders must OWN requirements

• Vendors • Know, market and sell to strengths• Build for the business• Build consumer-like apps• Integrate with operational systems• Answer metrics and measures need

Page 24: Recruiting Trends and Best Practices: What's Hot in 2008

24Knowledge Infusion Proprietary and Confidential, Copyright 2008 24Knowledge Infusion Proprietary and Confidential, Copyright 2008 24Knowledge Infusion Proprietary and Confidential, Copyright 2008

Companies Today Focusing on Integrated Performance, Development & Succession Planning

Source: Knowledge Infusion & HR Executive ® Talent Management Suite Adoption SurveyN = 313

Page 25: Recruiting Trends and Best Practices: What's Hot in 2008

25Knowledge Infusion Proprietary and Confidential, Copyright 2008 25Knowledge Infusion Proprietary and Confidential, Copyright 2008 25Knowledge Infusion Proprietary and Confidential, Copyright 2008

7Emergence of Social Networking Strategy

The gradual beginning or coming forth; The becoming visible

Page 26: Recruiting Trends and Best Practices: What's Hot in 2008

26Knowledge Infusion Proprietary and Confidential, Copyright 2008 26Knowledge Infusion Proprietary and Confidential, Copyright 2008 26Knowledge Infusion Proprietary and Confidential, Copyright 2008

Why Social Networks are Important to Recruiting

•Sourcing

•Contact Mgmt

•Hiring

•On-boarding

•Engagement

•Collaboration

•Training

•Re-hiring

Page 27: Recruiting Trends and Best Practices: What's Hot in 2008

27Knowledge Infusion Proprietary and Confidential, Copyright 2008 27Knowledge Infusion Proprietary and Confidential, Copyright 2008 27Knowledge Infusion Proprietary and Confidential, Copyright 2008

Web 2.0: HR’s Current Attitude

• 64% of U.S. companies deny their employees access to social networking sites such as Facebook, MySpace

• 54% of HR decision makers have encountered or have had to discipline employees for time-wasting on the Internet

• 23% of HR decision makers are unfamiliar with Web 2.0

• 42% are familiar with the sites, but do not use them

• 34% actively use Web 2.0 technologies

Source: Clearswift, October 2007

Page 28: Recruiting Trends and Best Practices: What's Hot in 2008

28Knowledge Infusion Proprietary and Confidential, Copyright 2008 28Knowledge Infusion Proprietary and Confidential, Copyright 2008 28Knowledge Infusion Proprietary and Confidential, Copyright 2008

8Talent Intelligence

Page 29: Recruiting Trends and Best Practices: What's Hot in 2008

29Knowledge Infusion Proprietary and Confidential, Copyright 2008 29Knowledge Infusion Proprietary and Confidential, Copyright 2008 29Knowledge Infusion Proprietary and Confidential, Copyright 2008

Ability to Manage Talent

Page 30: Recruiting Trends and Best Practices: What's Hot in 2008

30Knowledge Infusion Proprietary and Confidential, Copyright 2008 30Knowledge Infusion Proprietary and Confidential, Copyright 2008 30Knowledge Infusion Proprietary and Confidential, Copyright 2008

Building a Talent Pipeline

•Leadership Behaviors

•Performance Ratings

•Competencies•Work Experience

•Education•Location•Languages

•Interests•Career Path

•Sales Productivity•Experiences

Talent Supply / Employee Profiles

Identify Future

DemandProfile Current Supply

Analyze Gaps

Plan Scenarios

Workforce Planning

Define Critical Roles

Identify Talent Pools

Accelerate Development

Advance

Succession Management

Identify Need

Source Talent

ManageMobility

Mobilize Resource

Talent Mobility18 months – 3 years Now – 12 months12 - 36 months

Identify Need

Source Talent

ManageMobility

Mobilize Resource

Resource ManagementNow – 6 months

`PerformanceManagement

Internal Talent Supply External Talent Supply

Talent Review

TalentAcquisition

ContingentManagement

Learning Management

Page 31: Recruiting Trends and Best Practices: What's Hot in 2008

31Knowledge Infusion Proprietary and Confidential, Copyright 2008 31Knowledge Infusion Proprietary and Confidential, Copyright 2008 31Knowledge Infusion Proprietary and Confidential, Copyright 2008

9Volume HiringA mass or quantity, especially a large

quantity, of something

Page 32: Recruiting Trends and Best Practices: What's Hot in 2008

32Knowledge Infusion Proprietary and Confidential, Copyright 2008 32Knowledge Infusion Proprietary and Confidential, Copyright 2008 32Knowledge Infusion Proprietary and Confidential, Copyright 2008

High Volume/Hourly Talent Acquisition Process

Selection Selection On-boardingOn-boardingApplicantManagement

ApplicantManagement

A. Continuous Open Positions &

Sourcing

A. Continuous Open Positions &

Sourcing

Position Need/Requisition Mgt.

& Posting

Position Need/Requisition Mgt.

& Posting

B. Job SeekerManagement

B. Job SeekerManagement

Applicant IdentificationApplicant

Identification

High Volume Difference

Page 33: Recruiting Trends and Best Practices: What's Hot in 2008

33Knowledge Infusion Proprietary and Confidential, Copyright 2008 33Knowledge Infusion Proprietary and Confidential, Copyright 2008 33Knowledge Infusion Proprietary and Confidential, Copyright 2008

10Free Agent WorkforceAble to do something at will.

Not joined to or in contact with something else.Unrestrained; casual; informal.

Page 34: Recruiting Trends and Best Practices: What's Hot in 2008

34Knowledge Infusion Proprietary and Confidential, Copyright 2008 34Knowledge Infusion Proprietary and Confidential, Copyright 2008 34Knowledge Infusion Proprietary and Confidential, Copyright 2008

Only 6% of Boomers Wants to Work Fulltime

Source: Merrill Lynch “New Retirement Survey: “A Perspective on the Baby Boomer Generation”, 2-23-05

The Boomers Are Creating the “Free Agent” Workforce

Page 35: Recruiting Trends and Best Practices: What's Hot in 2008

35Knowledge Infusion Proprietary and Confidential, Copyright 2008 35Knowledge Infusion Proprietary and Confidential, Copyright 2008 35Knowledge Infusion Proprietary and Confidential, Copyright 2008

Facebook

Page 36: Recruiting Trends and Best Practices: What's Hot in 2008

36Knowledge Infusion Proprietary and Confidential, Copyright 2008 36Knowledge Infusion Proprietary and Confidential, Copyright 2008 36Knowledge Infusion Proprietary and Confidential, Copyright 2008

QuestionsThank you!

For copies of the presentation go to:ERE

www.ere.net/webinars

Knowledge Infusionwww.knowledgeinfusion.com/coe