Sourcing the most in-demand tech talent is a start. But with high competition for these candidates, it’s not just the job that needs to stand out — your company must, too.
Watch this on-demand webinar, featuring Jim Stroud, Senior Director of RPO Recruitment Strategies at Randstad Sourceright, to learn how to build and communicate a work culture that attracts the most sought-after tech candidates.
You'll learn:
• Key strategies for building a company culture that in-demand tech professionals are looking for
• How to identify the aspects of your unique culture that resonate the most with your target candidates
• How to most effectively promote your company culture in your social recruiting efforts
Learn more at http://www.dice.com/openweb
How to Use Company Culture to Attract Passive Candidates
1. With Jim Stroud, Senior Director at Randstad Sourceright
HOW TO USE
COMPANY CULTURE
TO ATTRACT PASSIVE
CANDIDATES
2. WHAT YOU’LL LEARN:
Understand why company culture is rising in importance
for tech recruiting.
Learn how to identify the elements of your
culture to promote.
Gain ideas on how to communicate culture
through social recruiting.
1
2
3
The world’s talent at your fingertips
4. And let them
have the right amount of
experience and be willing to
accept the salary we
offer and...
Are you hearing
me recruiting gods?
POST
AND PRAY
METHOD*
*THIS METHOD IS
GATHERING STEAM
THESE DAYS.
The world’s talent at your fingertips
5. WHY
IS THAT?
The world’s talent at your fingertips
6. 2 REASONS WHY
THERE’S A LOT MORE
POSTING AND PRAYING
THESE DAYS.
The world’s talent at your fingertips
8. IS THERE A SKILLS SHORTAGE?
When asked to assess the skills of today’s workforce,
two-thirds of respondents somewhat or strongly agree that
a skills shortage exists, and slightly over one-half say the
skills deficit has negatively impacted their businesses. YES!
61% 56%
69%
72% 69%
HEALTHCARE MANUFACTURING
& LOGISTICS
ALL EMPLOYERS
61%
OFFICE &
ADMINISTRATIVE
SKILLS SHORTAGE PERCEIVED
ACROSS MAJOR INDUSTRIES
Randstad Workplace Trends Survey
INDUSTRY SPOTLIGHT
50%
50%
PHARMA
FINANCE &
ACCOUNTING
59%
HUMAN
RESOURCES
ENGINEERING
IT
The world’s talent at your fingertips
9. GLOBAL HEAT MAP
THE GAP BETWEEN THE GROWTH IN DEMAND AND THE GROWTH
IN SUPPLY OF TALENT, 2011–2021.
-0.9
-0.8
-0.5
-0.1
0.0
-0.8
-0.5
-0.4
-0.6
-0.4
-0.1
0.5
0.6
1.1
-1.1
-1.2
TREND DEFICIT
TREND SURPLUS
BROAD BALANCE
Numbers show trend
growth as annual
percentages
-1.4
-1.5
-0.9
-0.2
-0.4
0.2
-0.2
-0.6
0.4
0.2
1.5
2.1
0.7
0.7
-0.4
0.9
0.1
0.8
0.8
1.0
-0.1
1.0
-1.0
Oxford Economics
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10. THE TALENT MISMATCH—
BETWEEN WHERE TALENT
IS MOST NEEDED AND
WHERE IT WILL BE MOST
AVAILABLE—IS NOT LIKELY
TO EVAPORATE SOON.
YIKES!
The world’s talent at your fingertips
11. GLOBAL TALENT RISK
The Northern hemisphere faces
talent shortages in a wide range
of occupational clusters largely
because populations are aging
rapidly and educational
standards are insufficient.
YIKES! (AGAIN)
The United States will
need to add more than
25 million workers to its
talent base by 2030 to
sustain economic growth.
FOR EXAMPLE World Economic Forum
Western
Europe will
need to add
more than
45 million
workers.
In Germany,
70% of
employers are
hard-pressed
to find the
right people.
+25M
70% +45M
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12. THE SKILLS DEFICIT IS EXACERBATED BY THE FACT THAT BABY
BOOMERS WILL BE RETIRING AND YOUNG PEOPLE ARE NOT PURSUING
THE PROFESSIONAL SKILLS THE WORLD WILL NEED.
SKILLS THAT WILL BE IN HIGH DEMAND, BUT SEVERE SHORTAGES ARE ANTICIPATED
World Economic Forum
DOCTORS SCIENTISTS TECHNICIANS HEALTH CARE
IT COMPUTER SCIENTISTS GLOBAL MANAGERS SKILLED TRADES
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15. A GROWING CONCERN
COMPANIES CONCERNED WITH RETENTION
PERCENTAGE OF RESPONDENTS
70
2009 2010 2011 2012 2013
60
50
40
30
20
10
0
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16. EMPLOYEE TURNOVER TO
HIT NEW HEIGHTS
IN 2018, 49 MILLION MORE EMPLOYEES WILL BE HEADING OUT THE DOOR
COMPARED TO 2012 – A TOTAL OF 192 MILLION EMPLOYEES WORLDWIDE.
ITS NOT
JUST THE
USA!
GLOBAL TURNOVER AND NUMBER OF EMPLOYEES Source: Hay Group Cebr analysis
2010
24.0
23.5
23.0
22.5
22.0
21.5
21.0
20.5
20.0
900
850
800
750
700
650
600
550
500
Forecast
2011 2012 2013 2014 2015 2016 2017 2018
Percentage of employee turnover rate (left axis)
Total employees in millions (right axis)
The global employee turnover rate will see
its sharpest increase in 2014. Emerging
economies like Asia and Latin America will
spike sooner while more mature markets
will peak between 2014 and 2018.
The world’s talent at your fingertips
17. ARE YOU
FEELING
THE PAIN
OF THIS
STAFFING
STORM?
SURVEY
SAYS...
YES
The world’s talent at your fingertips
18. SO WHAT CAN
COMPANIES
DO ABOUT IT?
The world’s talent at your fingertips
19. IN A
WORD, THE
ANSWER IS...
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21. “Company culture is the personality of a company and
defines what a company, from an employee
perspective, is like to work for…” — Allison Doyle
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22. A LOT OF
THINGS ARE
ASSOCIATED
WITH THE
CULTURE OF
A COMPANY.
LIKE...
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23. THINKING COMPANY CULTURE?
I BET MISSION STATEMENTS, OFFICE DÉCOR AND PERSONAL
DEVELOPMENT COME TO MIND.
POP QUIZ:
When it comes to
company culture, what
matters most?
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24. THE ANSWER: A GOOD
COMPANY CULTURE
RECRUITS AND RETAINS
TALENTED PEOPLE.
*(IT ALSO PROTECTS THE BOTTOM LINE.)
The world’s talent at your fingertips
27. CULTURE
IS THE
CONTEXT FOR
CANDIDATES.
The world’s talent at your fingertips
28. SO, WHAT
MAKES A GREAT
COMPANY
CULTURE?
The world’s talent at your fingertips
29. GROWTH
TO LEARN NEW SKILLS
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30. BHAVIN PARIKH, CEO
Our employees receive a monthly stipend to take classes on anything
they want. Classes have ranged from ceramics to ukulele to chocolate
tasting. I’ve noticed an unexpected benefit — employees now also take
more professional development classes and are getting better at their
day-to-day work. Learning is contagious.
The world’s talent at your fingertips
31. HAPPINESS
WORK IS BETTER WITH FRIENDS
The world’s talent at your fingertips
32. PEOPLE WHO HAVE A BEST FRIEND AT WORK ARE SEVEN TIMES MORE LIKELY
TO BE ENGAGED WITH THAT WORK, ACCORDING TO GALLUP RESEARCH. GALLUP
RESEARCH SHOWS THAT CLOSE FRIENDSHIPS AT WORK BOOST EMPLOYEE
SATISFACTION BY ALMOST 50%.
The world’s talent at your fingertips
33. LIAM MARTIN, CEO
We run a remote company with more than 50 employees, so finding a time to
have everyone just hang out is rare. Therefore, we implemented a video game
day when everyone can come together and play online. So far, it has been a
great success and really helpful with inter-division communication.
The world’s talent at your fingertips
34. ABUNDANCE
NOT NECESSARILY BEING RICH,
BUT LIVING A LIFESTYLE
WHERE YOU FEEL RICH
The world’s talent at your fingertips
35. AOL’S HIP AND MODERN
PALO ALTO OFFICE
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36. NETFLIX AND OTHERS OFFER UNLIMITED VACATION TIME
The world’s talent at your fingertips
38. These brands collectively outperformed the
S&P 500 almost 400 percent over 10 years.
The study concluded that the best businesses
“were built not just on innovative product or
service ideas but on ideals.”
Research consultancy Milward Brown found
in the Stengel Study of Business Growth that
the top 50 high-growth brands were, on
average, more likely than their competitors to
be driven by ideals.
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41. MEANING
WORKING TOWARDS A HUGE,
SEEMINGLY IMPOSSIBLE GOAL.
The world’s talent at your fingertips
42. “IF YOU WANT TO BUILD A
SHIP, DON'T DRUM UP PEOPLE
TO COLLECT WOOD AND
DON'T ASSIGN THEM TASKS
AND WORK, BUT RATHER
TEACH THEM TO LONG FOR
THE ENDLESS IMMENSITY OF
THE SEA.” —ANTOINE DE SAINT-EXUPERY
The world’s talent at your fingertips
43. “TO PROVIDE A FREE
WORLD-CLASS EDUCATION
TO ANYONE ANYWHERE”
“TO MAKE
PEOPLE HAPPY”
“THE END OF
SOFTWARE”
The world’s talent at your fingertips
45. ! REMEMBER
People leave managers,
not companies.
The world’s talent at your fingertips
46. THE ULTIMATE CULTURE FORMULA
INTRODUCE THESE 5 ELEMENTS INTO YOUR COMPANY:
GROWTH
Opportunities to
learn new skills.
HAPPINESS
Work is better
with friends.
ABUNDANCE
Living a rich
lifestyle at work.
SIGNIFICANCE
Support an
ideal that rallies
your workers.
MEANING
Working towards
a big goal.
Let social contagion take root. Nurture it
through the managers. Set an expectation
of high performance. Pygmalion Effect.
SAFEGUARD YOUR CULTURE It is what
will help you recruit and retain talent!
The world’s talent at your fingertips
47. OKAY, JIM. ALL THAT
BEING SAID, WHAT
IS THE FIRST THING
I SHOULD DO TO
BUILD A GREAT
COMPANY CULTURE?
The world’s talent at your fingertips
49. I GOTTA TALK TO JIM STROUD!
JIM STROUD
Senior Director
RPO Recruitment Strategies & Support
Randstad Sourceright
AUTHOR OF:
Resume Forensics: How To
Find Free Resumes and Passive
Candidates On Google
createspace.com/4228076
Content Is the New Sourcing:
Strategies for Attracting and
Engaging Passive Candidates
createspace.com/4693823
!
EMAIL: jim.stroud@randstadsourceright.com
LINKEDIN: www.linkedin.com/in/jimstroud
TWITTER: @jimstroud
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50. JOIN THE OPEN WEB COMMUNITY
Learn more at dice.com/openweb
The world’s talent at your fingertips