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Leveraging	
  Talent	
  Networks	
  for	
  
Op5mized	
  Recrui5ng	
  	
  
Stephen	
  Schwander	
  &	
  Ian	
  Alexander	
  
Agenda	
  	
  
•  What	
  are	
  Talent	
  Networks	
  
•  Challenges	
  
•  Reasons	
  for	
  implemen5ng	
  
•  Key	
  prac5ces	
  for	
  success	
  
•  Q&A	
  
What	
  is	
  a	
  Talent	
  Network?	
  
•  Talent	
  Networks	
  are	
  an	
  easy	
  way	
  for	
  you	
  to	
  engage	
  with	
  
candidates	
  and	
  increase	
  the	
  efficiency	
  of	
  your	
  recrui5ng	
  
organiza5on	
  
What	
  is	
  a	
  Talent	
  Network?	
  
•  BuJon	
  on	
  career	
  site	
  
•  Quick	
  and	
  easy	
  opt-­‐in	
  
•  Centralized	
  pool	
  of	
  candidates	
  
•  Way	
  to	
  capture	
  passive	
  candidates	
  
•  Engagement	
  engine	
  
•  Source	
  for	
  future	
  hiring	
  
Recrui5ng	
  Challenges	
  
•  Not	
  enough	
  of	
  “the	
  right”	
  candidates.	
  
Missing	
  out	
  on	
  many	
  of	
  the	
  best	
  
candidates	
  
•  Slow	
  6me-­‐to-­‐fill.	
  Seeking	
  new	
  candidates	
  
AFTER	
  a	
  job	
  becomes	
  available	
  requires	
  
addi5onal	
  5me	
  to	
  ramp	
  up	
  	
  
•  Lack	
  of	
  scalability.	
  Without	
  access	
  to	
  
pipelines	
  of	
  candidates	
  for	
  future	
  job	
  
needs,	
  efficient	
  scaling	
  is	
  difficult	
  
•  Candidate	
  disappointment.	
  Candidates	
  
expect	
  consumer	
  web	
  experiences	
  on	
  
both	
  desktop	
  and	
  mobile	
  device	
  
Talent	
  Network	
  Solu5on	
  
•  Increase	
  conversion	
  rates	
  
•  Good	
  source	
  of	
  passive	
  candidates	
  
•  Pool	
  to	
  meet	
  future	
  demand	
  
•  Engage	
  talent/keep	
  warm	
  
•  Reduce	
  recrui5ng	
  costs	
  
•  Scalable	
  hiring	
  	
  
More targeted,
Multi channel
Basic Capability,
limited reach
Basic Efficiencies
in place
All Activities
Optimized
Strategic Value Gap
BASIC
FUNCTIONAL
MODERN
OPTIMIZED
Copyright © 2014 Talemetry, Inc. All rights reserved.
INBOUND ATTRACTION
•  Manual job posting to each job
board
OUTBOUND SOURCING
•  Basic database searching
separately of job boards
•  Basic ATS searching of past
applicants
•  Overuse of agencies
ENGAGEMENT/NURTURING
•  Apply auto response
CONVERSION/CANDIDATE
EXPERIENCE
•  Basic career site
•  Basic Web apply process
Capabilities
INBOUND ATTRACTION
•  Automated job advertising
•  Centralized job advertising
•  Free and diversity sites
OUTBOUND SOURCING
•  Centralized multi-database
sourcing/searching
ENGAGEMENT/NURTURING
•  One-to-One recruiter email
outreach
CONVERSION/CANDIDATE
EXPERIENCE
•  Job specific apply processes
•  Ownership of career site
•  Site level SEO
INBOUND ATTRACTION
•  Measurement and
optimization
OUTBOUND SOURCING
•  Measurement and
optimization
ENGAGEMENT/NURTURING
•  Measurement and
Optimization
CONVERSION/CANDIDATE
EXPERIENCE
•  Candidate surveys
•  Measurement and
Optimization
OPTIMIZED MANAGEMENT
•  Unified sourcing analytics
•  Traffic sources
•  Source of applicants
•  Source of hire
•  Applicant conversion rates
•  Email open/click rates
•  Recruiter/agency efficient
•  Activity analytics for recruiters
BusinessValue
CompetitiveLagging
7	
  
Talent	
  Network	
  Success	
  
INBOUND ATTRACTION
•  Per-click advertising
•  Social site advertising
•  Referral programs
OUTBOUND SOURCING
•  Talent Networks
•  Job talent pipelines
•  CRM & email campaigns
•  Agency/job distribution
ENGAGEMENT/NURTURING
•  Talent Networks
•  Email engagement programs/
content
CONVERSION/CANDIDATE
EXPERIENCE
•  Targeted/branded career sites
•  Internal career sites
•  Social and mobile apply
•  Job level SEO
OPTIMIZED MANAGEMENT
•  Basic source tracking
Keys	
  to	
  Talent	
  Network	
  Success	
  
Make	
  Talent	
  Networks	
  prevalent	
  
Keys	
  to	
  Talent	
  Network	
  Success	
  
Make	
  opt-­‐in	
  simple	
  
Keys	
  to	
  Talent	
  Network	
  Success	
  
Leverage	
  exis6ng	
  informa6on	
  
Keys	
  to	
  Talent	
  Network	
  Success	
  
Segment	
  your	
  talent	
  pool	
  
•  Get	
  enough	
  data	
  to	
  properly	
  segment	
  your	
  resul5ng	
  talent	
  
pool	
  for	
  sourcing	
  and	
  follow	
  up	
  communica5on	
  	
  
•  Key	
  data	
  includes:	
  
•  Desired	
  job	
  category	
  	
  
•  Desired	
  loca5on	
  
•  Current/past	
  employers	
  
Keys	
  to	
  Talent	
  Network	
  Success	
  
Show	
  candidates	
  you	
  care	
  
•  Use	
  their	
  data	
  in	
  follow-­‐up	
  communica5on	
  
•  Let	
  them	
  know	
  you	
  know	
  
who	
  they	
  are	
  and	
  what	
  	
  
types	
  of	
  opportuni5es	
  	
  
they’re	
  interested	
  in	
  
	
  
Keys	
  to	
  Talent	
  Network	
  Success	
  
Don’t	
  double	
  up	
  
•  Avoid	
  making	
  candidates	
  fill	
  out	
  a	
  talent	
  network	
  profile	
  at	
  
the	
  front	
  of	
  your	
  formal	
  applica5on	
  
•  Double	
  entry	
  will	
  depress	
  your	
  applica5on	
  rates	
  for	
  candidates	
  who	
  
are	
  ready	
  to	
  apply.	
  	
  
Keys	
  to	
  Talent	
  Network	
  Success	
  
Go	
  mobile	
  
•  The	
  whole	
  point	
  of	
  talent	
  networks	
  is	
  to	
  engage	
  candidates	
  as	
  
they	
  wish	
  to	
  engage	
  
•  30%	
  or	
  more	
  of	
  your	
  traffic	
  is	
  likely	
  viewing	
  	
  
your	
  career	
  site	
  on	
  a	
  mobile	
  device	
  
Keys	
  to	
  Talent	
  Network	
  Success	
  
Be	
  proac6ve	
  
•  Structure	
  your	
  talent	
  network	
  to	
  gather	
  candidates	
  ahead	
  	
  
of	
  current	
  need	
  
•  Structure	
  your	
  opt-­‐ins	
  to	
  allow	
  candidates	
  to	
  express	
  	
  
interest	
  in	
  more	
  than	
  just	
  current	
  	
  
job	
  openings	
  
Keys	
  to	
  Talent	
  Network	
  Success	
  
Make	
  it	
  easy	
  to	
  search	
  and	
  segment	
  	
  
•  Make	
  sure	
  you	
  can	
  search	
  your	
  talent	
  network	
  easily	
  
•  Your	
  talent	
  pool	
  is	
  useless	
  if	
  you	
  can’t	
  easily	
  iden5fy	
  best	
  fit	
  
candidates,	
  segment	
  them	
  into	
  targeted	
  talent	
  pools,	
  and	
  
reach	
  out	
  to	
  them	
  to	
  apply	
  for	
  jobs	
  as	
  they	
  become	
  available	
  	
  
Keys	
  to	
  Talent	
  Network	
  Success	
  
Create	
  a	
  community	
  	
  
•  U5lize	
  one-­‐off	
  and	
  scheduled	
  campaigns	
  to	
  send	
  targeted	
  
emails	
  to	
  members	
  of	
  your	
  talent	
  pool	
  in	
  order	
  to	
  keep	
  them	
  
engaged	
  and	
  interested	
  
•  Some	
  important	
  examples	
  would	
  be:	
  
•  Invite	
  them	
  to	
  apply	
  for	
  appropriate	
  jobs	
  
•  Keep	
  them	
  apprised	
  of	
  key	
  events	
  in	
  your	
  organiza5on	
  and,	
  
importantly,	
  within	
  the	
  departments	
  they	
  have	
  expressed	
  an	
  interest	
  
in	
  working	
  in	
  
•  Invite	
  them	
  to	
  periodically	
  reconfirm	
  interest	
  
Keys	
  to	
  Talent	
  Network	
  Success	
  
Be	
  proprietary	
  	
  
•  Your	
  talent	
  network	
  
should	
  be	
  part	
  of	
  an	
  
overall	
  strategy	
  to	
  
funnel	
  candidates	
  from	
  
all	
  your	
  recrui5ng	
  
channels	
  into	
  a	
  growing,	
  
proprietary	
  talent	
  pool	
  
for	
  future	
  sourcing	
  
External	
  
Talent	
  
Internal	
  
Talent	
  ATS
TALENT
GREAT
HIRES
Pay-Per-
Click
Job
BoardsAgencies
Candidate
Databases
Email
Campaigns
Internal
Candidates
Employee
Referrals
Proprietary	
  
Talent	
  Pool	
  Talent	
  Network	
  
Keys	
  to	
  Talent	
  Network	
  Success	
  
Measure	
  everything	
  
•  Set	
  up	
  key	
  success	
  criteria	
  and	
  monitor	
  these	
  metrics	
  
frequently:	
  
•  Talent	
  network	
  growth.	
  Is	
  it	
  growing	
  appropriately?	
  
•  Talent	
  pool	
  growth	
  by	
  key	
  job	
  types.	
  Are	
  you	
  gebng	
  opt-­‐ins	
  
for	
  your	
  key	
  job	
  categories?	
  
•  Engagement	
  ac5vity.	
  Is	
  your	
  team	
  actually	
  using	
  the	
  tool	
  to	
  
engage	
  candidates	
  in	
  the	
  talent	
  network?	
  
•  Quality	
  of	
  candidates.	
  Are	
  talent	
  network	
  candidates	
  reaching	
  
late	
  stages	
  in	
  your	
  hiring	
  process?	
  
•  Number	
  of	
  hires.	
  Are	
  you	
  hiring	
  candidates	
  from	
  your	
  talent	
  
network	
  talent	
  pool?	
  	
  	
  
Ques5ons	
  and	
  Wrap-­‐up	
  
	
  
Free	
  Solu5on	
  Snapshot	
  
report	
  emailed	
  to	
  you	
  
	
  
	
  
	
  
	
  
Learn	
  about	
  Talemetry	
  Talent	
  Networks	
  	
  
and	
  Recruitment	
  Marke5ng	
  Placorm	
  
Talemety.com	
  

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Leveraging Talent Networks for Optimized Recruiting

  • 1. Leveraging  Talent  Networks  for   Op5mized  Recrui5ng     Stephen  Schwander  &  Ian  Alexander  
  • 2. Agenda     •  What  are  Talent  Networks   •  Challenges   •  Reasons  for  implemen5ng   •  Key  prac5ces  for  success   •  Q&A  
  • 3. What  is  a  Talent  Network?   •  Talent  Networks  are  an  easy  way  for  you  to  engage  with   candidates  and  increase  the  efficiency  of  your  recrui5ng   organiza5on  
  • 4. What  is  a  Talent  Network?   •  BuJon  on  career  site   •  Quick  and  easy  opt-­‐in   •  Centralized  pool  of  candidates   •  Way  to  capture  passive  candidates   •  Engagement  engine   •  Source  for  future  hiring  
  • 5. Recrui5ng  Challenges   •  Not  enough  of  “the  right”  candidates.   Missing  out  on  many  of  the  best   candidates   •  Slow  6me-­‐to-­‐fill.  Seeking  new  candidates   AFTER  a  job  becomes  available  requires   addi5onal  5me  to  ramp  up     •  Lack  of  scalability.  Without  access  to   pipelines  of  candidates  for  future  job   needs,  efficient  scaling  is  difficult   •  Candidate  disappointment.  Candidates   expect  consumer  web  experiences  on   both  desktop  and  mobile  device  
  • 6. Talent  Network  Solu5on   •  Increase  conversion  rates   •  Good  source  of  passive  candidates   •  Pool  to  meet  future  demand   •  Engage  talent/keep  warm   •  Reduce  recrui5ng  costs   •  Scalable  hiring    
  • 7. More targeted, Multi channel Basic Capability, limited reach Basic Efficiencies in place All Activities Optimized Strategic Value Gap BASIC FUNCTIONAL MODERN OPTIMIZED Copyright © 2014 Talemetry, Inc. All rights reserved. INBOUND ATTRACTION •  Manual job posting to each job board OUTBOUND SOURCING •  Basic database searching separately of job boards •  Basic ATS searching of past applicants •  Overuse of agencies ENGAGEMENT/NURTURING •  Apply auto response CONVERSION/CANDIDATE EXPERIENCE •  Basic career site •  Basic Web apply process Capabilities INBOUND ATTRACTION •  Automated job advertising •  Centralized job advertising •  Free and diversity sites OUTBOUND SOURCING •  Centralized multi-database sourcing/searching ENGAGEMENT/NURTURING •  One-to-One recruiter email outreach CONVERSION/CANDIDATE EXPERIENCE •  Job specific apply processes •  Ownership of career site •  Site level SEO INBOUND ATTRACTION •  Measurement and optimization OUTBOUND SOURCING •  Measurement and optimization ENGAGEMENT/NURTURING •  Measurement and Optimization CONVERSION/CANDIDATE EXPERIENCE •  Candidate surveys •  Measurement and Optimization OPTIMIZED MANAGEMENT •  Unified sourcing analytics •  Traffic sources •  Source of applicants •  Source of hire •  Applicant conversion rates •  Email open/click rates •  Recruiter/agency efficient •  Activity analytics for recruiters BusinessValue CompetitiveLagging 7   Talent  Network  Success   INBOUND ATTRACTION •  Per-click advertising •  Social site advertising •  Referral programs OUTBOUND SOURCING •  Talent Networks •  Job talent pipelines •  CRM & email campaigns •  Agency/job distribution ENGAGEMENT/NURTURING •  Talent Networks •  Email engagement programs/ content CONVERSION/CANDIDATE EXPERIENCE •  Targeted/branded career sites •  Internal career sites •  Social and mobile apply •  Job level SEO OPTIMIZED MANAGEMENT •  Basic source tracking
  • 8. Keys  to  Talent  Network  Success   Make  Talent  Networks  prevalent  
  • 9. Keys  to  Talent  Network  Success   Make  opt-­‐in  simple  
  • 10. Keys  to  Talent  Network  Success   Leverage  exis6ng  informa6on  
  • 11. Keys  to  Talent  Network  Success   Segment  your  talent  pool   •  Get  enough  data  to  properly  segment  your  resul5ng  talent   pool  for  sourcing  and  follow  up  communica5on     •  Key  data  includes:   •  Desired  job  category     •  Desired  loca5on   •  Current/past  employers  
  • 12. Keys  to  Talent  Network  Success   Show  candidates  you  care   •  Use  their  data  in  follow-­‐up  communica5on   •  Let  them  know  you  know   who  they  are  and  what     types  of  opportuni5es     they’re  interested  in    
  • 13. Keys  to  Talent  Network  Success   Don’t  double  up   •  Avoid  making  candidates  fill  out  a  talent  network  profile  at   the  front  of  your  formal  applica5on   •  Double  entry  will  depress  your  applica5on  rates  for  candidates  who   are  ready  to  apply.    
  • 14. Keys  to  Talent  Network  Success   Go  mobile   •  The  whole  point  of  talent  networks  is  to  engage  candidates  as   they  wish  to  engage   •  30%  or  more  of  your  traffic  is  likely  viewing     your  career  site  on  a  mobile  device  
  • 15. Keys  to  Talent  Network  Success   Be  proac6ve   •  Structure  your  talent  network  to  gather  candidates  ahead     of  current  need   •  Structure  your  opt-­‐ins  to  allow  candidates  to  express     interest  in  more  than  just  current     job  openings  
  • 16. Keys  to  Talent  Network  Success   Make  it  easy  to  search  and  segment     •  Make  sure  you  can  search  your  talent  network  easily   •  Your  talent  pool  is  useless  if  you  can’t  easily  iden5fy  best  fit   candidates,  segment  them  into  targeted  talent  pools,  and   reach  out  to  them  to  apply  for  jobs  as  they  become  available    
  • 17. Keys  to  Talent  Network  Success   Create  a  community     •  U5lize  one-­‐off  and  scheduled  campaigns  to  send  targeted   emails  to  members  of  your  talent  pool  in  order  to  keep  them   engaged  and  interested   •  Some  important  examples  would  be:   •  Invite  them  to  apply  for  appropriate  jobs   •  Keep  them  apprised  of  key  events  in  your  organiza5on  and,   importantly,  within  the  departments  they  have  expressed  an  interest   in  working  in   •  Invite  them  to  periodically  reconfirm  interest  
  • 18. Keys  to  Talent  Network  Success   Be  proprietary     •  Your  talent  network   should  be  part  of  an   overall  strategy  to   funnel  candidates  from   all  your  recrui5ng   channels  into  a  growing,   proprietary  talent  pool   for  future  sourcing   External   Talent   Internal   Talent  ATS TALENT GREAT HIRES Pay-Per- Click Job BoardsAgencies Candidate Databases Email Campaigns Internal Candidates Employee Referrals Proprietary   Talent  Pool  Talent  Network  
  • 19. Keys  to  Talent  Network  Success   Measure  everything   •  Set  up  key  success  criteria  and  monitor  these  metrics   frequently:   •  Talent  network  growth.  Is  it  growing  appropriately?   •  Talent  pool  growth  by  key  job  types.  Are  you  gebng  opt-­‐ins   for  your  key  job  categories?   •  Engagement  ac5vity.  Is  your  team  actually  using  the  tool  to   engage  candidates  in  the  talent  network?   •  Quality  of  candidates.  Are  talent  network  candidates  reaching   late  stages  in  your  hiring  process?   •  Number  of  hires.  Are  you  hiring  candidates  from  your  talent   network  talent  pool?      
  • 20. Ques5ons  and  Wrap-­‐up     Free  Solu5on  Snapshot   report  emailed  to  you           Learn  about  Talemetry  Talent  Networks     and  Recruitment  Marke5ng  Placorm   Talemety.com