Reduce your time to hire with LinkedIn Talent Solutions

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Published on February 19, 2014

Author: FrancescoCostanzo2

Source: slideshare.net

Riduci il time to hire con LinkedIn LinkedIn Confidential ©2012 All Rights Reserved

Francesco Costanzo Talent Solutions Consultant fcostanco@linkedin.com Tomaso Giusti Media Solutions Consultant tgiusti@linkedin.com LinkedIn Confidential ©2012 All Rights Reserved

Agenda for the next 35 minutes  Time to hire: what is it about?  LinkedIn Talent Solutions to reduce your time to hire  Conclusions: ready to start? LinkedIn Confidential ©2012 All Rights Reserved

Time to hire: what is ititabout? Time to hire: what is about?  What is your current time to hire?  Which roles take the longest to recruit?  What is the business impact of a longer time to hire?  What are your key challenges to reducing time to hire? – – Process / Resource / Company Quality / Cost?  What are other variables that can affect on your time to hire? (ie: planning and needs definition process, hiring manager communication)  How do you currently measure time to hire? – – Time to fill / time to start? Overall average / by business unit / by role?  What do you currently use to track time to hire? LinkedIn Confidential ©2012 All Rights Reserved

Time to hire: what is it about? Survey Methodology: In September 2011, LinkedIn conducted online interviews among 389 in-house corporate recruiters who work for Fortune 500 companies and reside in the United States. Participants were randomly invited from thousands of eligible recruiters and HR professionals registered on LinkedIn.com

Time to hire: what is it about? Low Cost, High speed but not great quality – poor selection and screening Cost Speed LinkedIn Confidential ©2012 All Rights Reserved Quality

Time to hire: what is it about? Cost Speed LinkedIn Confidential ©2012 All Rights Reserved Low Cost, High quality but takes longer – direct sourcing early on before the pipeline has been established Quality

Time to hire: what is it about? Cost Speed LinkedIn Confidential ©2012 All Rights Reserved Quality Fast and good quality but high cost – usually represents good agency service

Time to hire: what is it about? Time to fill/offer Time to start/hire The time between a requisition open date to the time that an offer is accepted The time between a requisition open date to the time that the person starts LinkedIn Confidential ©2012 All Rights Reserved

Time to hire: what is it about? Attraction Intermediate Stages Brand Awareness Screening Negotation First Stages Interview and assessment Onboading Program Last Stages

Time to hire: what is it about?

Time to hire: what is it about?

LinkedIn Talent Solutions to reduce your time to hire

Recruiting candidates is difficult today Whether you’re collecting resumes or spreadsheets of candidate information… Often candidates don’t know anything about your company and culture At events, collecting information manually is cumbersome and error-prone Poor tracking and follow-up results in lost leads after the event Employees the ambassadors of your company… but who knows it?

Meet Giulia! She graduated one year ago and she is doing an internship in Marketing. By the way she keeps her eyes open for new opportunities. LinkedIn Confidential ©2013 All Rights Reserved

Giulia is not actively looking for a job, but she establishes and keeps up to date her professional identity on LinkedIn Internship in Marketing LinkedIn Confidential ©2013 All Rights Reserved

Giulia visits LinkedIn.com quite often, since it’s the hub for any professional news and job opportunity and she finds … Great visual communication (and the banner is clickable) Clear messages that speak to Marketing professionals Culture and values displayed through text and rich media Jobs that fit the Marketing professionals

Giulia is in love with NISC because she knows exactly what’s in it for her!

Giulia goes to a career fair to meet potential employers and she knows NISC will be there as well Collecting details / paper resumes is cumbersome Increasing competition results in lost leads Poor visibility into event and pipeline activity (ROI) LinkedIn Confidential ©2013 All Rights Reserved

After wondering around and queuing, Giulia finds NISC stands and there she meets CheckIn Capture leads at events instantly and manage them in LinkedIn Recruiter, so you never miss a lead again!

And she meets a new way to apply at events! Get a true picture of your events Connect & managing by capturingyour offline interactions with an candidatesnetwork in LinkedIn online leads all Recruiter. Simple. Mobile. Data-driven. LinkedIn Confidential ©2013 All Rights Reserved

Giulia Roja Looking for a super Brand Management Experience

Thanks, Giulia! We’ve got all the info we need.

CheckIn lets recruiters... Instantly capture event leads using a simple interface, connected to the LinkedIn network Engage immediately with automatic communication, pipelining tools, and up-to-date LinkedIn profile activity Track results over time, including number of event leads and where they went … so you never miss an event lead again! 27

Where all these applications go? LinkedIn Recruiter!

But what is exactly LinkedIn Recruiter? ©2012 LinkedIn Corporation. All Rights Reserved.

Guess who you can find in recruiter? Filter for candidates who provided specific answers to the questions you asked in the CheckIn form. Only accessible from “Candidates” link

LinkedIn Recruiter Make your teams ultra efficient  Boost productivity  Get your team on the same page  Maintain sourcing activity

After a couple of interviews, Giulia is now a (happy!) Brand Specialist at NISC. She loves her job and her colleagues think she is the right fit for it. Do you want to hire more people like her? LinkedIn Confidential ©2013 All Rights Reserved

Nothing easier! Just leverage your employee’s network: Talent attracts Talent! Giulia Rojo Brand and Social Advertisement specialist – I love my job! Milano, Italia – IT & Services Brand Specialist at NISC LinkedIn Confidential ©2013 All Rights Reserved

Your employees are connected to top talent (and don’t tell me you didn’t know it). By influencing them, you save time and improve quality of hires! “More than 80% of candidates believe that current employees are credible sources of information about organizations” Corporate Leadership Council (CLC) survey LinkedIn Confidential ©2013 All Rights Reserved

Conclusions: ready to start? A story of success Do you think recruiting for Adidas is easy? LinkedIn Confidential ©2012 All Rights Reserved

Conclusions: ready to start? A story of success Here are the challenges: • Build a recruitment hub for Asia Pacific • Develop a proactive recruitment model • Reduce time-to-hire LinkedIn Confidential ©2012 All Rights Reserved

Conclusions: ready to start? A story of success Here are the Results • Reduced the average time-to-hire from 70 days to 52 days • Filled on a year, nine middle to senior level roles • Reduce cost in HKD1.3 million (US$167,700) in recruitment agency fees LinkedIn Confidential ©2012 All Rights Reserved

“LinkedIn is a game changer for us in Asia because it enables our recruiters to reach out to passive candidates directly through a trusted platform. By speaking to them directly, getting them engaged and excited about opportunities at adidas group while providing a great candidate experience that we strive for, is a massive advantage”

Conclusions: ready to start? Key takeaways Time to hire is part of a recruiting strategy and have to be defined and calculated LinkedIn Confidential ©2012 All Rights Reserved LinkedIn can help you to reduce your time to hire LinkedIn doesn’t give you only tools but also continuous support and consultancy to achieve common goals

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