The Nestlé Purina recruitment team put together some research findings surrounding recruitment and employment trends in the market. If you have any questions or would like to learn more, feel free to email us at careers@purina.nestle.com. Interested in learning more about working at Purina and apply to our openings? Visit our website at http://bit.ly/PurinaCollege
2. Hiring is up across the board…
Employers have added an average of 244,000 jobs a
month since February (the best six-month hiring
spree in eight years).
And at 6.2%, the unemployment rate is just above
the 6.1% average for the past seven decades.
#MeetPurina
4. #MeetPurina
U.S. College Hiring
U.S. College hiring is expected to increase
7.8% in U.S. operations over 2013
• Top Business Majors: Finance, Accounting /Business
Admin/Mgmt., Management Info Systems and Marketing
• Top Science Majors: Mathematics/Statistics, Chemistry
and Physics
• Top Engineering Majors: Mechanical, Electrical, Computer
and Chemical
5. Cautions….
• 7.8% would be much higher if not for,
Finance
o But is showing a 40% decline in 2014 across
all degree programs. (Michigan State University’s Collegiate Employment Research
#MeetPurina
Institute)
• 25-to-34 year-olds with a job fell to 75.6%
in July, which was 80% before the
recession (Associated Press)
7. #MeetPurina
Currently
Impactful
Trends
Mobile is a
critical tool
Continuing
Trends
Data-driven
approach is
the
benchmark
standard
Live video
interviewing
gaining
acceptance
Accelerated
internal
movement
Remote
work is
expanding
talent pools
is still
needed
8. #MeetPurina
2014 Recruiting
Problems &
Opportunities
Competition
for
top talent
Trends,
Problems,
etc.
Employee
referrals
become
dominant
hiring
source
Predictive
metrics &
Big Data
become
essential
Recruiting
monetizing
its business
Employee
branding is
the only
long-term
strategy
impact
9. #MeetPurina
Biggest
Recruiting
Challenges
Retention
will
increasingly
impact
recruiting
Strategic
Challenge
Speed again
becomes
essential to
remain
competitive
Limited
resources
require
position
prioritization
Finding
high-impact
technology
remain
problematic
Reengineer
college
recruiting to
maximize
success
10. #MeetPurina
Trends
Peaking in
2015
Competitive
analysis will
grow from a
“plus” into a
“standard”
Future
Trends
Market
research will
allow you to
“know”
candidates
Firms will
begin to
“map”
future talent
pipelines
Hiring those
without
degrees will
increase
Finding a
candidate’s
work online
will increase
in sourcing
importance
11. Top Ten
Since 2008
Engineers
Skilled Trades
Accounting & Finance
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Technicians
Mechanics
12. What’s so hard about filling?
#MeetPurina
ManpowerGroup
Talent Shortage Survey
13. Other Companies- What are they doing?
• Providing training
• Redefining needed
qualifications
• Increasing Starting
Salaries
• Providing clear career
• Increased focus on
talent development pipeline
paths at
time of recruitment
• Offering flexible work
• Adapting to recruit
arrangements
untapped talent
pools
• Redesigning work
procedures
• Hiring those with
potential to grow into
roles
• Partnering with
educational
institutions
#MeetPurina
15. #MeetPurina
Application
Social Media
commonly used to
find information—
LinkedIn, YouTube
and Facebook used
by 40%
studentPOLL
16. Social “Network” Recruiting Statistics
94% of recruiters use, or plan to use social media for recruiting (Jobvite)
49% improvement in candidate quality for employers using social media
73% of 18-34 year olds found their last job through a social network
30% of Google searches (300 million/month) are employment related
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89% of recruiters have hired someone via LinkedIn
59% of recruiters found “highest quality” candidates from social media
#1
#2
#3
#4
#5
#6
National Association of Colleges & Employers (NACE)
7.8% would be much higher if not for, Finance, which has been leading the economic recovery over the past two years, but which is showing a 40% decline in 2014 across all degree programs. Undergraduate hiring in the financial services field may fall as much as 27%, and MBA hiring as well, is projected to decline 25% over 2013. (Michigan State University’s Collegiate Employment Research Institute)
Purina specific: 333% increase in external hires over the past four years (July to July)
July 2010 = 67
July 2011 = 112……………+ 67.2%
July 2012 = 133…………… + 8.9%
July 2013 = 173…………… + 30.1%
July 2014 = 223…………… + 28.9%
*Attributed to Business growth, retirements and increasing workload from Factory/Plant locations
Job Opening Snapshot – last week of July 2014
Total openings = 96
- Manufacturing/Engineering/Technology, etc. = 46…………. (48%)
“First-time requests” = Mechanics (7), Maintenance Tech (7), Electrician (8)
- Commercial = 26………………………………………………………… (27%)
- Corporate = 24…………………………………………………………… (25%)
- Babyboomers (55+) are expected to make up only ¼ of the labor force by 2022.
The competition for top talent intensifies
A metric-driven employee referral program becomes the dominant hiring source
Predictive metrics and the use of big data move from interesting to essential
Employer branding returns as the only long-term recruiting strategy
Recruiting finally adopts the practice of monetizing its business impacts
A focus on becoming a serial innovation firm increases the need for recruiting innovators
Boomerangs become a primary target once again
Accepting social media profiles in lieu of resumes opens the door to many passives