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WebinarHiring In The Digital Age:
A Discussion on time and cost effective digital recruitment methods
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1. Introduction2. Hiring In The Digital Age3. Current Scenario4. Recruiting Costs5. Digital Recruitment Best Practices6. Recruiting Costs7. Cost effective and time saving digital
recruitment methods8. Recruitment Metrics9. Conclusion10. References11. Appendix (Digital Hiring Platform)
Contents
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Digital Hiring
A New Era of Job SeekingSo, do we just post and pray?
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Future Of Recruiting · Finding passive candidates· Assessment and hiring· Growing acceptance of video interviewing· Onboarding· Online talent platforms could Boost future of recruiting trends
Hiring in the
Digital AgeCodeGround
● Draw a very specific outline of requirements● Do effective campaigns internally● Be selective● Your "employment brand" is a key selling point● Technology must be updated● Maintain a constant pipeline of prospective
candidates● Know the future demand in advance● Set deadlines● Outsourcing could be a Time-Saver● Document each step of recruitment● Reduce the amount of people involved
Improving a SlowHiring Process
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The cost of looking at the wrong talent pool-80% of the desired candidates would come from 20% of the sources.The cost to replace- 30 to 50 percent of their annual salary.The cost of poor employee attachment- as much as 400 percent of an employee’s annual salary.
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Current Scenario
Resume Parsing
Applicant Tracking Systems
Social Media
Employment branding
Analytics
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Digital Recruitment’s Best Practices
Resume Parsing
Applicant Tracking Systems
Social Media
Employment branding
Analytics
Digital Recruitment’s Best Practices
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Resume Parsing
Applicant Tracking Systems
Social Media
Employment branding
Analytics
Digital Recruitment’s Best Practices
CodeGround
Resume Parsing
Applicant Tracking Systems
Social Media
Employment branding
Analytics
Digital Recruitment’s Best Practices
CodeGround
Resume Parsing
Applicant Tracking Systems
Social Media
Employment branding
Analytics
Digital Recruitment’s Best Practices
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Are there real benefits of using social media?YES, the stats remain pretty impressive
● 73% of job applications have been successfully filled through the uses of social media.
● LinkedIn is the most popular social networking site used for recruitment purposes with 94% of recruiters maintaining profiles, in comparison to 66% on Facebook and 54% on Twitter.
● 20% of companies say that it takes less time to hire their candidates when using social media.
● 31% of companies that used social media to recruit saw an increase of employee referrals.
● 65% of companies that used social media to recruit compensate employees for referrals. CodeGround
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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{SOURCING
{
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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SELECTION
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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Though LinkedIn seems to be the most obvious solution, many recruiters actually don't know where to start. Try the advanced search, scan for other connections, join groups, etc.
TwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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Make use of your network and if you have a great job, ask your followers to share it . Just be mindful of not doing it too often as it might get annoying
LinkedInTwitter
FacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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Facebook’s robust ad platform allows you to target the right audience. Optimize the efficiency by trying out facebook ads. Create a job’s tab and it also helps to have a job specific page.
LinkedInTwitterFacebook
Video/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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A well-done video will increase engagement. For the video to have an impact, it needs to be deployed correctly. Hence to broaden the audience, it is important to put it up in multiple locations. Videos can be a powerful recruiting tools because they provide a medium to effectively show an organization's passion.
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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It is important to attend events that are not job fairs. Sites like the Meetup.com or any other local and professional events that are happening in the area can help as you will get to network with relevant professionals.Not only will this give us access to talent, It will also be a great branding opportunities to get the brand's name out to the mass.
LinkedInTwitterFacebookVideo/ YoutubeMeetups
Chat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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Today, you find forums for almost any industry or niche. A great opportunity here is that you will get to see knowledge, expertise, and even complaints or frustrated laments about current employers.
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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A great and a cost effective way to ensure a high-quality hire who are perfect fits to your culture is to focus on recruiting boomerangs. An ex employee might be hesitant but a quick occasional call can do wonders and nudge them in the right direction.
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.
Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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Video interviewing can pick up on subtle emotional cues and body language. It's speed and convenience allows more candidates to be screened without the overhead costs.Today, there are tools that enable this process to be automated and candidates can take up pre-recorded questions.
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video Interviews
Proactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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Employee referrals though old school, cannot be ignored as they shift a big chunk of the recruiting work away from recruiters and on to employees.
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referrals
Psychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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Psychometric testing can measure an array of non-tangible attributes including intelligence, reasoning, cultural fit, critical reasoning, personality profile, optimism, etc . It can also help present a positive brand image.
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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This is a step we don't want to miss before making any hire. However, it requires different set of skills and is best done outsourced.
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background Checking
Social Media CheckingEmployee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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A candidate’s online presence can tell you a lot about their personality and cultural fit.
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media Checking
Employee EngagementInternal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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Have surveys, it gives employers an opportunity to get the pulse and intervene before losing a new team member.
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee Engagement
Internal BondingRecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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Get your team talking! Intranet , open sessions, parties, tools like Yammer, etc aid in good employee bonding and will help improve brand loyalty
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal Bonding
RecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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Often a hard area to get right, both individual and team recognition can have a huge impact on productivity and morale.
LinkedInTwitterFacebookVideo/ YoutubeMeetupsChat ForumsBoomerangs/corporate alumni.Video InterviewsProactive employee referralsPsychometric TestingReference / Background CheckingSocial Media CheckingEmployee EngagementInternal Bonding
RecognitionPerformance Tracking
Top Enablers that make recruitment faster and cheaper
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Performance management is a critical process but one that unfortunately most companies ignore. It’s also a process often run poorly, giving staff the impression that the organisation doesn’t care about or invest in their performance and professional development
By embracing and adopting digital technology as part of your recruitment practices,
it's possible to attract and obtain the best talent like never before.Social media recruiting strategy and tools drives results,it’s mainstream, and it’s here to stay.
The practitioners are becoming more advanced and so are the tools. We’re no fans of the phrase “war for talent”,
but we can’t deny that it’s a competitive atmosphere. Keep an eye out for all the social recruitment trends and tools.
Checking these boxes will put you miles ahead and help you up your game.
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At a glance
Referenceshttps://www.kwantek.com/kblog/case-study-digital-recruiting/http://linkhumans.com/case-study/how-loreal-use-social-media-for-recruitmenthttps://www.quora.com/What-is-the-future-of-recruitmenthttp://www.recruitingblogs.com/profiles/blogs/digital-recruitment-a-new-era-of-job-seekinghttp://hiring.monster.co.uk/hr/hr-best-practices/recruiting-hiring-advice/managing-hiring-costs/what-are-the-most-cost-effective-digital-recruitment-methods.aspxhttp://www.businessnewsdaily.com/6975-future-of-recruiting.htmlhttps://www.eremedia.com/ere/3-trends-defining-hiring-success-in-the-digital-economy/https://www.simplicant.com/blog/digital-recruitment-strategy-tips/http://www.smartinsights.com/managing-digital-marketing/personal-career-development/2016-marketing-hiring-trends-digital-jobs-continue-strong-growth/http://www.businessnewsdaily.com/6975-future-of-recruiting.htmlhttp://www.business2community.com/brandviews/brandwatch/interview-looking-future-digital-hiring-best-talent-01594267#mD6tWcmiokrHwZKu.97http://www.smartinsights.com/managing-digital-marketing/personal-career-development/2016-marketing-hiring-trends-digital-jobs-continue-strong-growth/http://www.socialtalent.co/blog/5-marketing-trends-shaping-future-of-recruitmenthttp://www.slideshare.net/pullaraohrd/recruitment-costs-18117373http://www.humanresourcemetrics.org/recruiting_cost_ratio.htmlhttps://www.recruiter.com/recruitment-cost.htmlhttp://www.recruitmentmagic.com/blog/what-is-the-real-cost-of-recruitment-top-tips-for-recruitment-cost-analysis/www.eremedia.comwww.recruit.comwww.technology advice.comhttp://www.businessnewsdaily.com/6975-future-of-recruiting.htmlhttp://cbri.com/5-e-recruitment-strategies-for-attracting-top-talent-in-the-digital-age/https://yello.co/blog/digital-recruitment-strategy-behind-competition/
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https://www.tinypulse.com/blog/sk-recruitment-strategies-to-attract-and-win-top-talenthttp://gradvert.com/employers/how-to-set-up-your-digital-media-recruitment-strategy/http://www.hrpulse.co.za/recruitment1/233880-the-rise-of-the-digital-recruitment-strategyhttp://www.eremedia.com/ere/big-challenges-for-recruiting-leaders-the-top-10-upcoming-recruiting-problems/http://www.eremedia.com/ere/the-top-12-reasons-why-slow-hiring-severely-damages-recruiting-and-business-results/https://hbr.org/2009/05/the-definitive-guide-to-recruiting-in-good-times-and-badhttp://recruitingdaily.com/fix-broken-recruiting-technology-strategy/https://www.go2hr.ca/articles/planning-steps-your-recruitmenthttp://recruiterbox.com/blog/8-useful-recruitment-infographics/Maria Isabel Ventura articlesTraining and Development -Dr.S.V.Narayanan and Dr.B.JanakiramRecruitdaily.comMatt Charney articlesAshwathappa HRM bookwww.Externetworks.comhttps://www.fastcompany.com/3056641/the-future-of-work/how-employers-are-wasting-time-and-money-to-recruit-new-hireshttp://www.hireright.com/blog/2015/02/faster-candidate-recruitment-integrating-hr-systems-can-speed-time-to-hire/http://relentless.taketheinterview.com/4-best-practices-for-eliminating-hiring-process-bottlenecks/https://icitizen.com/blog/4-biggest-pain-points-organizations-face-overcome/http://firstround.com/review/Ive-Worked-with-Hundreds-of-Recruiters-Heres-What-I-Learned/http://recruitloop.com/blog/15-online-tools-making-recruitment-faster-and-cheaper-for-any-business/
References
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