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©SELFMANAGEMENTGROUP2017 2
TABLEOFCONTENTS
Introduction........................................................................................................................................................................3
Non-NegotiableQuestions(Pre-Screen)............................................................................................................................5
ApplicationsReviewed.......................................................................................................................................................6
ReviewRating.....................................................................................................................................................................6
ApplicationStatus.............................................................................................................................................................10
Conclusion........................................................................................................................................................................12
©SELFMANAGEMENTGROUP2017 3
INTRODUCTION
Ourclientsroutinelyaskusthefollowingquestions:HowdoIgetmoreapplicants?And,wherearemybestcandidatescomingfrom?TalentNesthasbuilt-inreportingthatadequatelyanswersthesequestionsforeachclient,butwethoughtitwouldbeinterestingtolookatthedataacrossallofourclients.
ForthepurposeofthisreportwelookedatallapplicationdataforourCanadianclientsin2016.Thisrepresents269,980candidateapplications.
Source Applications(N=269,980) Percentage
Indeed 135,948 50.4%
AllOtherSources 133,942 49.6% Table1:2016Applications(CanadaOnly)
Whenlookingatallofourapplicationvolume,wenotedthatIndeedwasgeneratingjustover50%ofallofourapplicationvolume.
ThisapplicationvolumeappliestoclientsintheHospitality,Retail,FinancialServices,Technology,Banking,Government,UtilitiesandTransitindustries.WithIndeedresponsibleforsuchalargeportionofourapplicationvolume,wesetouttoexplorehowIndeedapplicantsfaredversusothersources.DidIndeedapplicationsmakeitpastknockoutquestions?Weretheyinterviewed?Weretheyhired?
Let’sdigintotheTalentNestdata.Here’salookatthetop20sources:
Source Applications
1.Indeed 135,948
2.CorporateWebsite 84,204
3.EmployeeReferral 8,548
4.LinkedIn 7,498
5.Workopolis 4,448
6.Other/Unidentified 4,301
7.jobbank.gc.caACCES 3,146
8.ACCES 2,535
9.Family,Friend,Acquaintance 2,221
10.Facebook 2,007
11.CareerBuilder 1,821
©SELFMANAGEMENTGROUP2017 4
12.Glassdoor 1,680
13.Google 1,512
14.Eluta 933
15.CareerBeacon 926
16.Kijiji 807
17.BCjobs.ca 338
18.Wowjobs 312
19.Monster 255
20.CentreforEducationandTraining 240
Table2:Top20ApplicationSources
Tohelpusanalyzethesesources,we’vegroupedsourcesby“OtherSources”,meaningallsourcesotherthanIndeed;“JobBoards”,meaningalljobboardsotherthanIndeed;and,“SocialMedia”,meaningFacebook,LinkedIn,Twitterandsimilar.
©SELFMANAGEMENTGROUP2017 5
NON-NEGOTIABLEQUESTIONS(PRE-SCREEN)
WitheveryjobpostinginTalentNest,clientshavetheoptionofattachingup-frontnon-negotiable(pre-screen)questions.Inorderforacandidatetobeconsidered,theymustpassthesequestions,otherwise,thecandidateisautomaticallydeselected.Approximately80%ofTalentNestjobpostingsusethisfeautre.InTable3weshowhowcandidatesperformedacrossthevarioussources.
Pre-screenOutcomes Indeed (N=120,659)
OtherSources (N=125,327)
Fail 13,686(11.3%) 29,544(23.6%)
Pass 106,973(88.7%) 95,783(76.4%) Table3:Pre-screen-Indeedvs.OtherSources
Fromthedata,weclearlyseethatahigherpercentageofIndeedapplicantspassthenon-negotiablequestions.Indeedprovided12.3%morecandidateapplicationsthatmetaclients’non-negotiablequestionsversusallothersources.Inaddition,Indeedsourced11,190morecandidateapplicationsthatmetanemployersbasiccriteriaversusallothersorucescombined.
Pre-screenOutcomeIndeed
(N=120,659)OtherJobBoards
(N=13,806)
Fail 13,686(11.3%) 1,005(7.3%)
Pass 106,973(88.7%) 12,801(92.7%)
Table4:Pre-screen-Indeedvs.OtherJobBoards
Whencomparedtootherjobboards,thepassrateisslightlyinfavour(4.0%)oftheotherjobboardscombined,butthereisamassivedifferenceinvolumeofapplications.Indeedsourced94,172moreapplicationsthatmetourclients’non-negotiablequestions.Adifferenceof836%.
Pre-screenOutcome Indeed (N=120,659)
SocialMedia (N=8,244)
Fail 13,686(11.3%) 1,951(23.7%)
Pass 106,973(88.7%) 6,293(76.3%) Table5:Pre-screen-Indeedvs.SocialMedia
Itisclearthatourclientsarenotmakingenoughuseofsocialmedia,andthereisclearlyroomto.Still,applicantssourcedthroughIndeedwere12.4%morelikelytopassthenon-negotiablerequirements.
©SELFMANAGEMENTGROUP2017 6
APPLICATIONSREVIEWED
AnotherkeymetricwithinTalentNest,isourapplicationreviewedstatus.Simply,allcandidateapplicationsareeitherunreviewedorreviewed.Bylookingatwhetheranapplicationwasreviewedwecanattempttoderiveengagementfromourclientsandusersforaparticularcandidateapplication.
ReviewStatusIndeed
(N=115,611)
OtherSources
(N=97,712)
NotReviewed 25,475(22%) 11,642(11.9%)
Reviewed 90,136(78%) 86,070(88.1%)
Table6:ApplicationsReviewed-AllSources
InTable6weseethatapplicationssourcedfromIndeedhavealowerreviewedrate(78.0%vs.88.1%).Overall,Indeedgenerated4,066morereviewedapplicationsversusallothersources.
ReviewStatusIndeed
(N=115,611)
OtherJobBoards
(N=13,169)
NotReviewed 25,475(22%) 1,484(11.3%)
Reviewed 90,136(78%) 11,685(88.7%)
Table7:ApplicationsReviewed-Indeedvs.JobOtherJobBoards
WhencomparingIndeedtootherjobboards,weseethatasimilarstoryof78.0%reviewratecomparedto88.7%forotherjobboards.Buttheoverallvolumeofapplicationspaintsadifferentpicture.
ReviewStatusIndeed
(N=115,611)
SocialMedia
(N=7,105)
NotReviewed 25,475(22%) 565(8%)
Reviewed 90,136(78%) 6,540(92%)
Table8:ApplicationsReviewed-Indeedvs.SocialMedia
SocialMediaapplicantshadanevenhigherreviewat92%,butanevensmallernumberofcandidatesatjust6,540total.
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WhencomparingIndeedtoallsources,otherjobboards,andsocialmediait’sclearthattheothersourcesgenerateahigher(10-14%)reviewrate.Butwhentakenintoconsiderationtherawnumberofreviewedcandidates,theamountofapplicantsfromIndeeddwarfsallothersources.
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REVIEWRATING
Anothermetricthatwelookedatwasourreviewratings.Specifically,TalentNest’sreviewratingsareratingsthatourusersassigntocandidatesafterreviewingtherésumé,coverletter,andanyquestionstheymayhaveassignedtothejobapplication.Ourratingsareintegersfrom1to5.
ReviewRatingIndeed(N=34,936)
OtherSources(N=50,644)
1 4,663(23.2%) 12,816(29.2%)
2 6,404(31.8%) 13,187(30%)
3 6,368(31.6%) 11,559(26.3%)
4 2,428(12.1%) 5,364(12.2%)
5 272(1.4%) 965(2.2%)
Table9:ReviewRatings-Indeedvs.AllSources
Overall,alowernumberofthetotalnumberofapplicationsfromIndeedendupbeingrated.However,ofthosewhoarerated,ahigherpercentageofcandidatesaregivenaratingof3andabove–45.1%forIndeedversus40.7%forallothersources.Evenmoreinterestingly,alowerpercentageofcandidatesaregivenaratingof1(23.2%)versusallothersources(29.2%).
ReviewRatingIndeed(N=34,936)
OtherJobBoards(N=1,576)
1 4,663(23.2%) 371(23.5%)
2 6,404(31.8%) 446(28.3%)
3 6,368(31.6%) 502(31.9%)
4 2,428(12.1%) 229(14.5%)
5 272(1.4%) 28(1.8%)
Table10:ReviewRatings-Indeedvs.OtherJobSources
ThescoredistributionwasprettyevenlydistributedbetweenIndeedanddedicatedjobboards.ButthenumberofcandidatesthatweresentbyIndeedcompletelydominated.Here’sanotherwaytolookatthis:
©SELFMANAGEMENTGROUP2017 9
Figure1:ReviewRatings-Indeedvs.OtherJobBoards
ReviewRatingIndeed
(N=34,936)
SocialMedia
(N=2,580)
1 4,663(23.2%) 697(27%)
2 6,404(31.8%) 606(23.5%)
3 6,368(31.6%) 913(35.4%)
4 2,428(12.1%) 310(12%)
5 272(1.4%) 54(2.1%)
Table11:ReviewRatings-Indeedvs.SocialMedia
Incomparisontosocialmediasites,thedistributionofratingswascomparable.45.1%ofcandidateapplicationssourcedfromIndeedreceiveda3orhigher,comparedto49.4%ofcandidateapplicationsfromsocialmediasites.Again,thetotalnumberofapplications20,135vs.2,580heavilyfavouredIndeed.
0
1000
2000
3000
4000
5000
6000
7000
Indeed OtherJobBoards
1 2 3 4 5
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APPLICATIONSTATUS
Finally,letuslookatthemostimportantmetricofthemall:wheredidthecandidatesthatwerehiredoriginate?
ApplicationStatus Indeed (N=129,330)
OtherSources (N=127,238)
Active 30,525(23.6%) 20,618(16.2%)
Deselected 98,275(76%) 105,161(82.6%)
Hired 530(.4%) 1,459(1.1%)
Table12:ApplicationStatus-Indeedvs.AllSources
Whencomparedtoallsources,0.4%ofapplicantssourcedfromIndeedwerehiredversus1.1%ofapplicantsfromtheothersources.Altogether,whenlookingatthebigpicture26.6%ofallCanadianhiresforourclientsweresourcedfromIndeed.
ApplicationStatus Indeed (N=129,408)
OtherJobBoards (N=14,174)
Active 27,762(23.6%) 1,992(14.1%)
Deselected 98,275(76%) 12,083(85.2%)
Hired 530(.4%) 99(.7%) Table13:ApplicationStatus-Indeedvs.OtherJobBoards
Indirectcomparisontootherjobboards,0.7%ofapplicantsarehiredfromotherjobboardsversus0.4%forIndeed.However,whenlookingatthetotalvolume,Indeedgenerated530hiresversus99fortheotherjobboards
ApplicationStatusIndeed
(N=129,408)SocialMedia(N=9,056)
Active 27,762(23.6%) 941(10.4%)
Deselected 98,275(76%) 8,076(89.2%)
Hired 530(.4%) 39(.4%)
Table14:ApplicationStatus-Indeedvs.SocialMedia
Asimilarproportionofsocialmediaapplications(0.4%)werehiredincomparisontoIndeed,buttherewasalargedifferenceinvolumeof39versus530candidates.
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Here’salookatthetop15hiringsources:
Source Hires
1.CorporateWebsite 919
2.Indeed 530
3.EmployeeReferral 196
4.Family,Friend,Acquaintance 70
5.Other/Unidentified 54
6.jobbank.gc.ca 34
7.LinkedIn 25
8.ACCES 24
9.Workopolis 21
10.Facebook 16
11.Kijiji 10
12.Glassdoor 7
13.Google 7
14.CareerBuilder 6
15.Recruiter 6
Table15:Top15SourcesofHires
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CONCLUSIONS
Insummary,wenotedthefollowing:
1.50.4%ofallTalentNestCanadianapplicationsinCanadaweresourcedfromIndeed.
2.45.1%ofIndeedapplicationswererateda3orhigherversus40.7%forallothersources.
3.Socialmediahadthehighestpercentageofcandidatesrateda3orhigherat49.4%.
4.Indeedapplicationswerelesslikelytobereviewed22.0%versus11.9%forothersources.
5.Indeedwasresponsiblefor26.6%(530)ofallhiresin2016.
©SELFMANAGEMENTGROUP2017 13
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www.selfmgmt.com
Reportby:
RobertSpilakDirector–[email protected]
NicoleAzzi,M.A.DirectorofProfessionalServices