Three insights that will define your recruiting strategy in 2017 | Talent Connect 2016
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Harry Dhebar, LinkedIn Reuben Obaidullah, LinkedIn Allison Schnidman, LinkedIn Join us to discuss Talent Acquisition trends that will shape 2017, so you can plan for the future. We’ll look back into 2016, discuss the current role of the TA team, and explore where TA is going next year. The goal of this presentation is to help talent leaders like you benchmark yourself against teams across the globe - by reviewing the most important metrics from our most recent Global Recruiting Trends survey. We will outline what global TA leaders had to say about their teams, their business and what matters to them in 2017 and beyond. Key highlights: Learn what your TA peers are planning for in 2017. Benchmark yourself against your peers on key metrics. Understand the importance of employer brand to your overall strategy. Check out the best of Talent Connect: http://bit.ly/2e5ojNe
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Three insights that will define your recruiting strategy in 2017 | Talent Connect 2016
- 2. 3 Insights That Will Define Your Recruiting Strategy in 2017
- 3. Harry Dhebar Customer Success Manager, LinkedIn Allison Schnidman Senior Market Research Manager, LinkedIn Reuben Obaidullah Customer Success Manager, LinkedIn
- 4. Today’s Agenda • Introduction • Review of global recruiting trends in 2016 • The three insights that matter in 2017 • Q&A
- 5. Review of global recruiting trends in 2016
- 6. The important trends in 2016 Quality of Hire ReferralsEmployee Retention Employer Branding
- 7. 1. The current role of TA
- 8. Recruiting departments play a crucial role in the company’s future
- 9. Talent/ HR leaders agree that: Talent is the #1 priority at their company They meet with the C-Suite regularly Their team is the key to the company’s workforce planning 83% Their team’s work currently influences executive decisions 83% 75% 73%
- 10. Quality of hire and time to hire are still true north metrics
- 11. What are the top three ways you measure success in your role? The length of time new hires stay at the company Time to hire: the time it takes to fill a job requisition The satisfaction of the hiring managers 48% 46% 43%
- 12. Employee referrals are the top source of quality hires
- 13. 48% 46% 34% 28% Employee referrals 3rd-party website or online job boards Social professional networks A 3rd-party recruiter/ staffing firm Internal hires Series 1 48.00 46.00 40.00 34.00 28.00 40% What are your top channels for quality hires?
- 14. What does this mean for your recruiting strategy?
- 15. 2. Talent Acquisition in 2017
- 16. Most recruiting teams won’t grow this year
- 17. How will the size of your recruiting team change over the next year? DecreaseStay about the same Increase 5%61% 32%
- 18. What priority roles would you like to hire for on your team? Recruiter Marketing/employer branding specialist Sourcer HR Generalist Recruiting Coordinator 25% 33% 26% 24% 19%
- 19. Hiring volumes will increase for many companies
- 20. How do you expect your hiring volume to change over the next year? 2013 2014 2015 20162012 60% 61% 39% 45% 56% Increase 26% 18% 7% 5% 10% Decrease
- 21. Compared to last year, more recruiting budgets will stay flat
- 22. How do you expect your organization’s budget to change over the next year? 2015 2016 42% 37% 47% 52% Increase Stay the same
- 23. The percentage of leaders globally who say their budgets will increase 63% 33% 54% 46% 41% 26% 24% 29% 37% Global Average Germany France Canada Brazil US India China SE Asia
- 24. What does this mean for your recruiting strategy?
- 25. 3. The Impact of Employer Branding
- 26. If money weren’t a constraint, TA leaders would invest in branding and tools
- 27. What is the current breakdown of your recruiting budget? Job Ads - 30% Recruitment Agency Costs - 22% Recruiting Events - 8% Employee Referral Program - 9% Recruiting Tools - 17% Employer Branding - 8% Other - 6%
- 28. If you had unlimited budget, where would you invest? New technology Better sourcing tools Improving the candidate experience 39% 38% 30% Training for recruiters 29% Employer branding 53%
- 29. 80% of talent leaders agree that employer brand has a significant impact on their ability to hire great talent
- 30. What does this mean for your recruiting strategy?
- 31. 1: Learn what your TA peers are planning for in 2017 2: Benchmark yourself against your peers on key metrics 3: Understand the importance of employer brand to your overall TA strategy
- 32. eBook available at the Insights Lounge
- 33. Q&A