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Page 1: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016
Page 2: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

 John Ricciardi  VP Talent Solutions, ERE Media

Under the Hood of Talent Acquisition What’s happening with Speed/Cost/Productivity

Page 3: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

ERE Media at a Glance

ü 20 Year old company ü Providing information to help companies acquire and manage talent ü Articles, Webinars, Conferences & Products ü 3 Brands

q ERE – Corporate Recruiting & TA Leadership q SourceCon – Sourcing/Talent Attraction q TLNT – Talent Management

Page 4: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Today’s agenda

•  Introduction •  Hiring Managers think we’re

getting worse •  The Big Disconnect •  Educate & Influence •  Conclusion •  Q&A

Page 5: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Your most unhappy customers are your greatest source of learning.

 Bill Gates

Page 6: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

ERE State of Talent Acquisition Survey

Volume

3,500 + responses (2015/16)

Titles

8% Chief/SVP 25% Head of TA

24% Mgr/Dir 18% Desk

Tenure

41% 10+ years

21% < 2 years

Page 7: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

One Person in the survey claiming to be a

One person Recruitment Department

in a company employing more than

100,000 people

Page 8: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

 Two companies have  50 RECRUITERS

 But only 1,000 – 5,000 workers

 Two companies have  50 RECRUITERS

 But only 1,000 – 5,000 workers

Page 9: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

2016 State of Talent Acquisition 3 Things We Learned

þ

þ

þ

Page 10: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

TA Team grades by the Hiring Manager

2.4 2.3

1.9

0

1

2

3

4

5

2014 2015 2016

Source: State of Talent Acquisition Survey, ERE Media

Page 11: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Hiring Managers think they recruit better than YOU!

RATE THE QUALITY OF CANDIDATES

Candidates They Find 4.7 Employee Referrals 4.6

Candidates You Bring Them 3.6 Candidates Who Apply

(career site, job boards, etc.) 3.5

Source: State of Talent Acquisition Survey, ERE Media

Page 12: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Source: State of Talent Acquisition Survey, ERE Media

Page 13: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

I want to start with a story

. . . the recruiters’ email everything.

. . . they don't take the time to communicate and collaborate with the hiring manager - so they have no leverage when it comes to managing the process - and the hiring manager satisfaction is low because

the communication is sub par.

Page 14: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

How do you think the TA Leader graded this team?

Page 15: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

How do you think the TA Leader graded the Hiring Managers?

Page 16: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

The Big Disconnect

Page 17: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

It’s not necessarily the reality that shapes us, but the lens through which your brain views the

world that shapes your reality  Shawn Achor

Page 18: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Kano Model

Page 19: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Kano Model

Page 20: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Denver, CO

Boca Raton, FL

ADT Spin-off

Page 21: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016
Page 22: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016
Page 23: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

We see the world, not as it is, but as we are – or, as we are

conditioned to see it  Stephen R. Covey

Page 24: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Talent Acquisition

Hiring Manager

Page 25: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Definition of a Recruiter?

An individual who works to fill job openings in businesses or organizations. Recruiters will work from resumes or by actively soliciting individuals qualified for positions. A recruiter's job includes reviewing candidate's job experiences, negotiating salaries, and placing candidates in agreeable employment positions.

Source: BusinessDictionary.com

Page 26: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Definition of a Talent Advisor?

A trusted recruiting partner who proactively provides consultation and strategic advisory support in the identification, attraction and consistent delivery of talent while continually improving the hiring process in support of the business mission.

Source: ERE Media

Page 27: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

If we have data, let’s look at data. If all we have are

opinions, let’s go with mine.  Jim Barksdale

Page 28: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

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

Page 29: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Data & Metrics

•  Candidate Availability Data •  Internal ATS Data

•  Speed •  Quality •  Productivity

•  Segment by Geography or Job Family •  External Benchmarks

Page 30: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

0

10

20

30

40

50

60

70

80

Decentralized Centralized Optimized

SimplexGrinnell Time to Accept 70

48

Page 31: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016
Page 32: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Time to Accept Benchmarks

42 44

52

68

35 38

0

25

50

75

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

Ber

sin

(S)

ER

E (D

)

SH

RM

(S)

CE

B (S

)

DH

I (S

)

iCim

s (D

)

S = Survey D = Data

Page 33: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

Time to Accept by Industry (ATS Data)

35

30

38

25

58

0

10

20

30

40

50

60

70

Source: ERE Benchmarking Dashboard

Agg

rega

te

Fin.

Svc

s

Hi-T

ech

Pro

f. S

vcs

Man

ufac

turin

g

Page 34: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016
Page 35: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016
Page 36: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

XXXXXX

Page 37: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

The goal is to turn data into information, and information into insight.

 Carly Fiorina

Page 38: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

What have we learned?

Ø Disconnect between Recruiting & Hiring Managers Ø Direct correlation between communication &

satisfaction Ø Opportunity to uplevel the skills of our recruiting

teams Ø Need to obtain and utilize data to drive our

recruiting process

Page 39: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016

How can we fix it?

Ø Intake meeting for EVERY opening Ø Obtain data, turn it into insight and bring it to every

conversation (start internal and look external to benchmark)

Ø Provide resources to recruiters to build soft skills in things like business acumen and influence for their interactions with stakeholders

Page 40: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016
Page 41: Under the talent-acquisition hood: What’s happening with cost, quality, and speed of hire | Talent Connect 2016