keeping pace with changes in technology and recruiting
TRANSCRIPT
ACCELERATE Keeping Pace With Changes in Technology and Recruiting#CBEmpower15
Jamie WomackVP Marketing
DECADE OF TALENT MANAGEMENT
Unparalleled Season of Innovation and Technology Shift
Shift to Knowledge Workers
Aging Population
Globalism Aging Workforce
60%of recruiters have an open position they can’t fill due to an inability to find a candidate with the NECESSARY SKILLS.
TOP TALENT SHORTAGES
TOP 10 HARDEST JOBS TO FILL
Manpower Group's Talent Shortage Survey identified the 2014 top 10 most difficult jobs for employers to fill
Source: Manpower Group Annual Talent Shortage Survey 2014
Skilled Trade Workers
Restaurant and Hotel Staff
Sales Representatives
Teachers Drivers
Accounting and Finance Staff
Laborers IT Staff Engineers Nurses
Using technologies that
haven’t been invented…
► 5 ◄
To solve problems we don’t even know
are problems yet.
Preparing students for jobs
that don’t yet exist..
Social Media Managers
Chief Listening Officers
Cloud Computing Services
Elder Care
App Developers
Sustainability Experts
User Experience Design
Millennial Generational Experts
Market Research Data Miners
Admissions Consultants
Source: Forbes, 2012
10 YEARS AGO WE DIDN’T HAVE…
RATE OF INNOVATION AND DIGITAL INTERACTION
PUBLISH SHARE
DISCUSS
SOCIAL NETWORKS
MICROBLOG
LIFE-STREAM
LIVECAST
VIRTUAL WORLDS
SOCIAL GAMES
MMO
SOCIAL MEDIA
HOW ARE YOU ENJOYING THE 3-DAY WORKWEEK?
"Technology has caused work to expand to longer hours of the day and has attached work to people
wherever they are."
RICH SEGALPresident Worldwide and Chief
Practice Officer, gyro
Meanwhile at the office...
98%
Spend time at the office on personal matters
How often do you send and receive work-related emails and
have business discussions during vacations?
THE CONSUMER CANDIDATE
SOURCE: CareerBuilder and Inavero Candidate Behavior Study 2015
Different resources are used on average before applying to a job
Of full-time employed workers are actively looking or open to new job opportunities
75%
18
GENERATIONAL DIFFERENCES
Have applied to a job they were not qualified for
Number of resources used in job search
Applied to a job via a mobile device
Actively Looking for job opportunities
80%
14%
17
37%
55%
69%
4%
18
45%
39%
Believe the application process has become more difficult in the last five years
MILLENNIAL BABY BOOMER
SOURCE: CareerBuilder and Inavero Candidate Behavior Study 2015
EVERYONE SEARCHES
SOURCE: CareerBuilder and Inavero Candidate Behavior Study 2015
Of employers will Google job seekers
Will look them up on Facebook
56% 55%
Job seekers use up to
18 resources to find a job
AND A BAD EXPERIENCE WILL COST YOU
Employers don’t always realize what a bad experience can jeopardize.
Job seekers are less likely to buy from a company
If they had a bad experience in the interview
If they didn’t hear back after an interview
If the employer doesn’t respond
of employers believe if a job seeker has a bad experience that it has little negative impact on the company
say it has no impact
THE EFFECT OF A NEGATIVE EXPERIENCE
69%
65%
58%
SOURCE: CareerBuilder and Inavero Candidate Behavior Study 2015
51%
31%
IF YOU DON’T, YOU LOSE CANDIDATES
When we asked employers if they believe they're losing out on talented applicants
because they don't have a mobile process
LOOK AT THAT IN CONTRAST TO WHAT JOB SEEKERS SAID WHEN ASKED HOW OFTEN THEY'D RETURN TO A JOB ON THEIR DESKTOP AFTER TRYING TO APPLY VIA MOBILE.
ALWAYS SOMETIMES RARELY
29%5% 65%
SOURCE: CareerBuilder and Harris Interactive: Candidate Experience/HR Technology Study 2014
only 10% said "Yes" 90% said “No"
BE FLEXIBLE
CANDIDATES WANT FLEXIBILITY WHEN APPLYINGMAKE SURE YOUR PROCESS OFFERS THIS
Not every job seeker is looking to apply right away; some want the power to apply on their own time.
NEARLY 2 IN 5 JOB SEEKERS SAID IT WAS IMPORTANT TO BE ABLE TO COME BACK LATER TO APPLY TO A JOB
SOURCE: CareerBuilder and Harris Interactive: Candidate Experience/HR Technology Study 2014
BE RESPONSIVE
Nearly 9 of 10 job seekers expect to receive an automated response from employers confirming receipt of application.
However, almost 40% see this as too impersonal.
EXPECT TO RECEIVE AUTOMATED RESPONSE FROM EMPLOYER SAYING
THEY RECEIVED APPLICATION
CONSIDER AUTOMATED RESPONSES IMPERSONAL
YES: 86%
NO: 14%
SOURCE: CareerBuilder and Harris Interactive: Candidate Experience/HR Technology Study 2014
As impersonal
As a company reaching out to me
: 61%
: 39%
MORE COMMUNICATION FROM EMPLOYER
Job seekers are looking for the personal touch. About 2/3 expect more personalized communication, and about 2/3 also expect to
get a call from HR after submission.
EXPECT MORE PERSONALIZED COMMUNICATION
EXPECT A CALL FROM A RECRUITER AFTER SUBMITTING APPLICATIONS
Yes: 62%
No: 38%
SOURCE: CareerBuilder and Harris Interactive: Candidate Experience/HR Technology Study 2014
Yes: 67%
No: 33%
TALENT SCARCITY IN A DIGITAL AGE
SIGNIFICANT POWER SHIFT FROM EMPLOYER TO CANDIDATE
TALENT IS SCARCE
AGE OF THE CONSUMER CANDIDATE
TALENT = KEY CONCERN FOR CEOS
of CEOs recognize the need to change their strategy on attracting and
retaining talent
93% 61% 2 in 3
of CEOs have not acted on this plan – why?
CEOs feel HR isn’t well-prepared for the changes needed
SOURCE: PwC 17th Annual Global CEO Survey 2014
TALENT = KEY CONCERN FOR CEO’S
TALENT CONSTRAINTS HAVE IMPACTED COSTS - BUT ALSO FACTOR IN LOST OPPORTUNITIES
Have talent constraints impacted your company’s growth and profitability over the past 12 months in the following ways?
Our talent-related expenses rose more
than expected
We weren’t able to innovate effectively
We were unable to pursuit a market
opportunity
We cancelled or delayed a key
strategic initiative
We couldn’t achieve growth forecasts in overseas markets
43% 31% 29% 24% 24%
BASE: All respondents (1,258) / Source: PwC 15th Annual Global CEO Survey 2012
?
TOP HR CHALLENGES – SURVEY RESULTS
?
Please rank the top 3 major HR challenges you
face in your organization
Attracting high quality candidates
Recruiting specialized candidates
Retaining our current employees
Saving time and making up for limited resources
Maintaining applicant volume
Strategically plan our recruitment strategy
Strengthening our employment brand
Rank 1 Rank 2 Rank 3
4%
5%
7%
9%
16%
22%
38%
9%
9%
14%
10%
14%
18%
26%
10%
13%
18%
13%
15%
16%
15%
OUR INDUSTRY
CAREER
Happiness
Pride
Reputation
of us are open to or actively looking for a new job
of recruiting professionals say they can’t find qualified talent
75%
60%
© 2014 CareerBuilder
TECHNOLOGY GAPTHEY ARE THE PERFECT MATCH BUT THERE IS A CHASM BETWEEN THEM
Proliferation of choicesMultiple sources used in search
on average 18 sources before they apply
Technology/application process90% drop off
80% of candidates start the application process but don’t finish
58% of career searches mobile
Consumer expectations of experience
Huge databases built over time that largely go untouched
CANDIDATEUnique qualities
EMPLOYERCorporate culture
SOME SOLUTIONS TRY TO SOLVE THE PROBLEM
Software
Search
ATS
Advertising
Job Boards
Talent
Mobile
HRISManagementCANDIDATE
Unique qualitiesEMPLOYER
Corporate culture
FOR 20 YEARS OUR MISSION HAS ALWAYS BEEN TO CONNECT THE RIGHT PERSON TO THE RIGHT JOB AT THE RIGHT TIME
EMSI LuceoBroadbean
CAREERBUILDER IS SOFTWARE. DATA. ADVERTISING
CAREERBUILDER DELIVERS
Candidate Experience Recruiter Effectiveness Intuitive Data & Analytics
CAREERBUILDER IS THE MOST COMPREHENSIVE END
TO END TALENT ACQUISITION SOLUTION.
WE CAN PROVIDE THE ENTIRE PLATFORM OR
INTEGRATE WITH YOUR CURRENT SYSTEMS.