This document discusses how recruitment technology can help companies hire talent more quickly in today's competitive job market. It notes that as the unemployment rate decreases, the number of applications typically decreases while the cost per application and time to fill open roles increases. Companies are advised to review their candidate application and hiring processes to improve the candidate experience. The presentation introduces CareerBuilder as a partner that offers comprehensive recruiting, screening, and human capital management technology solutions to help ramp up a company's recruitment strategy.
2. Quick Poll: Which Option Below Best Applies to Your
Company’s Stance On Your Current HR Technology?
We made a change in our technology within the last year
We are planning to make a change in technology this year
We are looking to make a change in technology in the next 1-2
years
I LOVE everything we are using! It meets ALL of our NEEDS and we
are NEVER changing! I don’t even know why I’m on this call!
3. Today’s Topics:
Understanding todays talent landscape and its impact on HR
How recruitment technology can help you hire great talent quickly
How one company automated their recruitment process to begin
hiring more efficiently in a competitive job market
7. Unemployment Rate’s Impact to Hiring
Source: EMSI Data
1. Applications decrease
2. Cost per app increases
Occupation Dec 2017 Total Postings
2017 Average Monthly
Hires
Dec 2017 Post to Hire
Ratio
General and Operations Managers 236,604 127,765 1.85
Advertising and Promotions Managers 11,564 1,628 7.11
Marketing Managers 301,391 9,353 32.22
Sales Managers 274,245 17,886 15.33
Public Relations and Fundraising Managers 33,821 3,273 10.33
Administrative Services Managers 18,165 12,913 1.41
Computer and Information Systems Managers 91,851 14,733 6.23
Financial Managers 217,104 23,946 9.07
Industrial Production Managers 41,904 5,612 7.47
Purchasing Managers 38,198 2,782 13.73
Transportation, Storage, and Distribution Managers 35,064 5,546 6.32
Compensation and Benefits Managers 12,413 602 20.63
Human Resources Managers 107,611 6,761 15.92
Training and Development Managers 10,441 1,607 6.50
8. Unemployment Rate’s Impact to Hiring
Source: DHI Indicators
1. Applications decrease
2. Cost per app increases
3. Time-to-fill increases
9. Unemployment Rate’s Impact to Hiring
Source: Bureau of Labor Statistics JOLTS
1. Applications decrease
2. Cost per app increases
3. Time-to-fill increases
4. Turnover increases
10. Unemployment Rate’s Impact to Hiring
1948 20171982
Source: Bureau of Labor Statistics
1. Applications decrease
2. Cost per app increases
3. Time-to-fill increases
4. Turnover increases
5. Layoffs decrease
13. Quick Poll: When Is The Last Time You Went Through
Your Application And Hiring Processes To Better
Understand Your Candidate Experience?
Within the past 6 months
Within the past 1-2 years
Over 2 years
Never
Definitely not since I started working here
15. “A great candidate experience starts with
the website and doesn’t end until their first
day on the job.”
- Manager of Talent Acquisition, WIKA Instruments
20. CareerBuilder - Comprehensive Human Capital
Solutions Partner
CareerBuilder
Recruiting
Solutions
CareerBuilder
Employment
Screening
CareerBuilder
Human Capital
Management