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Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

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Page 1: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks
Page 2: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

JohnRicciardiVPTalentSolutions,EREMedia

UndertheHoodofTalentAcquisitionWhat’shappeningwithSpeed/Cost/Productivity

Page 3: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

EREMediaataGlance20YearoldcompanyProvidinginformationtohelpcompaniesacquireandmanagetalent

Articles,Webinars,Conferences&Products3Brands

ERE–CorporateRecruiting&TALeadershipSourceCon–Sourcing/TalentAttractionTLNT–TalentManagement

Page 4: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

Today’sagenda

• Introduction• HiringManagersthinkwe’regettingworse

• TheBigDisconnect• Educate&Influence• Conclusion• Q&A

Page 5: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

Yourmostunhappycustomersareyourgreatestsourceoflearning.

BillGates

Page 6: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

EREStateofTalentAcquisitionSurvey

Volume

3,500+responses(2015/16)

Titles

8%Chief/SVP25%Headof

TA24%Mgr/Dir18%Desk

Tenure

41%10+years

21%<2years

Page 7: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

One Person inthesurveyclaimingtobea

One person Recruitment Departmentinacompanyemployingmore

than100,000people

Page 8: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

Twocompanieshave50 RECRUITERS

Butonly1,000–5,000workers

Twocompanieshave 50 RECRUITERS

Butonly1,000–5,000workers25% of Financial Services firms have over 50 recruiters. That’s a higher percentage than any other

industry.

Page 9: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

2016StateofTalentAcquisition3ThingsWeLearned

Hiring Managers think we’re getting worseCompanies aren’t using data to drive decisionsToo much time spent on backfills

Page 10: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

TATeamgradesbytheHiringManager

2014 2015 20160

1

2

3

4

5

2.4 2.31.9

Source:StateofTalentAcquisitionSurvey,EREMedia

Page 11: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

HiringManagersthinktheyrecruitbetterthanYOU!

RATE THE QUALITY OF CANDIDATES

Candidates They Find 4.7

Employee Referrals 4.6

Candidates You Bring Them 3.6Candidates Who Apply

(career site, job boards, etc.) 3.5

Source:StateofTalentAcquisitionSurvey,EREMedia

Page 12: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

Hiring managers who graded their Talent Acquisition team with an A!

0%

Source:StateofTalentAcquisitionSurvey,EREMedia

Page 13: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

I want to start with a story

...therecruiters’emaileverything.

...theydon'ttakethetimetocommunicateandcollaboratewiththehiringmanager-sotheyhavenoleveragewhenitcomestomanagingtheprocess-andthehiringmanagersatisfactionislow

becausethecommunicationissubpar.

Page 14: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

HowdoyouthinktheTALeadergradedthisteam?

Page 15: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

HowdoyouthinktheTALeadergradedtheHiringManagers?

Page 16: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

TheBigDisconnect

Page 17: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

It’snotnecessarilytherealitythatshapesus,butthelensthroughwhichyourbrainviewstheworldthatshapes

yourrealityShawnAchor

Page 18: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

KanoModel

Page 19: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

KanoModel

Page 20: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

Denver,CO

BocaRaton,FL

ADT Spin-off

180 IT Roles

6 Months

Page 21: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks
Page 22: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks
Page 23: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

Weseetheworld,notasitis,butasweare–or,asweareconditionedtoseeit

StephenR.Covey

Page 24: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

TalentAcquisition

HiringManagerSucces

s!

Page 25: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

DefinitionofaRecruiter?

Anindividualwhoworkstofilljobopeningsinbusinessesororganizations.Recruiterswillworkfromresumesorbyactivelysolicitingindividualsqualifiedforpositions.Arecruiter'sjobincludesreviewingcandidate'sjobexperiences,negotiatingsalaries,andplacingcandidatesinagreeableemploymentpositions.

Source:BusinessDictionary.com

Page 26: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

DefinitionofaTalentAdvisor?

Atrustedrecruitingpartnerwho proactively provides consultation and strategic advisory support intheidentification,attractionandconsistentdeliveryoftalentwhile continually improving the hiring process insupportofthebusinessmission. Source:EREMedia

Page 27: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

Ifwehavedata,let’slookatdata.Ifallwehaveare

opinions,let’sgowithmine.JimBarksdale

Page 28: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

If it’s not accurate,It might as well not exist…

Page 29: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

Data&Metrics

• CandidateAvailabilityData• InternalATSData

• Speed• Quality• Productivity

• SegmentbyGeographyorJobFamily• ExternalBenchmarks

Page 30: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

Decentralized Centralized Optimized0

10

20

30

40

50

60

70

80

???

SimplexGrinnellTimetoAccept70

48

Page 31: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks
Page 32: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

TimetoAcceptBenchmarks

0

25

50

75

42 44

52

68

3538

Source:Bersin,iCims,Dice,CEB,SHRM&ERE

Bersin(S

)

ERE(D)

SHRM

(S)

CEB(S)

DHI(S)

iCims(D)

S=SurveyD=Data

Page 33: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

TimetoAcceptbyIndustry(ATSData)

0

10

20

30

40

50

60

70

3530

38

25

58

Source:EREBenchmarkingDashboard

Aggregate

Fin.S

vcs

Hi-Te

ch

Prof.S

vcs

Manufacturin

g

Page 34: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks
Page 35: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks
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XXXXXX

Page 37: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

Thegoalistoturndataintoinformation,andinformationinto

insight.CarlyFiorina

Page 38: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

What have we learned?

DisconnectbetweenRecruiting&HiringManagers

Directcorrelationbetweencommunication&satisfaction

Opportunitytoupleveltheskillsofourrecruitingteams

Needtoobtainandutilizedatatodriveourrecruitingprocess

Page 39: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks

How can we fix it?

IntakemeetingforEVERYopeningObtaindata,turnitintoinsightandbringittoeveryconversation(startinternalandlookexternaltobenchmark)

Provideresourcestorecruiterstobuildsoftskillsinthingslikebusinessacumenandinfluencefortheirinteractionswithstakeholders

Page 40: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks
Page 41: Under the Hood of Talent Acquisition - Talent Acquisition Benchmarks