Efficiency in Recruitment - StepStone Solutions

8/7/2019 Efficiency in Recruitment - StepStone Solutions

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www.stepstonesolutions.com

StepStones leading resourcing tools

Higher Efficiency in the Recruitment Process

Rolf Bezemer

Country Manager

18th of June 2007


Agenda

Whats the role of Talent in your organisation?

Delivering result with E-recruitment

E-recruitment best practices

Q&A

After workshop demo of EasyCruit & i-GRasp


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We believe...

Recruitment is the most important part of your talent

management process

Successful recruitment has to be explicitly linked to business

performance

Long term is not strategic only alignment with business

strategy is strategic

Do you?


Definitions

Talent The right people, in the right place at the right time..

Total Talent Management the strategic management of theflow of talent into, through and out of the organisation.


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That "talent is more valuable than capital - Talentism

That is the talent that differentiates the business not:

The people

The products

The customer service

The price

These are all consequences of talent

That it is talent that gains competitive advantage

Does Your CEO Believe?


And therefore it follows that.

A lack of Talent is the #1 reason forbusiness failure

Where does Recruitment fit inTotal Talent Management?


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Total Talent

What is the true impact of

a decision made here?


Contribution of HR

72% of HR Directors feel they make a strategic

contribution to their business

Only 46% of CEOs agree


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Todays Recruitment KPIs

Reducing time to hire

Reduced cost per hire

Improved employer brand

Reduced sourcing costs

Direct hires increased

Recruitment KPIs

Sustained and steady top-line growth

Consistent execution of

strategy by top management

Customer loyalty and

retention

Profit growthProduct innovation

iQ MAGAZINE

CEO KPIs


Flintstones versus Speed of Light

Traditional recruitment

Complex, because we do mentality

Time-to-hire several months

Employer focus

Black Box

Online recruitment

Reduced response time

Real-time, on demand

Time-to-hire shortened drastically

Candidate focus

Transparency


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History of e-recruitment

History, history...internet emerged only 10 years ago...

Internet impacted traditional recruitment process

City, region, state, country

Large volume of applicants

Administrative workload drastically increased

Traditional sourcing expensive

Not surprisingly e-recruitment vendors orginate from the US, followed

by UK, Nordics & Western Europe


Loads of applications per post & email

Difficult to attract high quality candidates

Application process not clear to candidates

Lack of control over steps in recruitment process

Time consuming administrative processes

Traditional sourcing relatively expensive

No talent pool, every vacancy starts from 0

Internal mobility weak due to lack of transparency of internal job

opportunities

Typical recruitment issues


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How to tackle these issues

Align application experience with your brand name

Automate communication & responses

Reduce administrative workload, control over process

Spend time on quality rather than quantity

Facilitate HR, Recruitment and Business Managers

Gather management information


SourcingPosition

Management

Reporting

HiringCandidate

Management

ScreeningCorporateRecruiter

Integrating all recruitment stakeholders

1 smart databaseCareer site (s)


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Reduced time to hire by 30%

New application to interview reduced by 75%

Same team post implementation managed a 28% increase in

vacancies

Saving Costs:

Streamlining Process:

Direct Sourcing:

Time to Hire:

From 2-3% of candidates sourced directly

To post implementation within first year grew to 55%

Achieved 200% ROI in Year 1

Delivering results


Before we put in 24.000 CVs manual every year.

That only meant a saving of 35.000

Ease of use, flexibility and speed of implementation were

key drivers to select StepStone

Reduce workload:

Reason for selecting:

Lead time:

Automate:

Time to Offer has been reduced by 30%

From 65 days pre-i-Grasp to 45 days

After implementation of EasyCruit administrative tasks

have been reduced with 70%

Delivering results


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Focus: efficiency & consistency

Creating Job Requisitions

Job Library

Copy a Job

Instant Job

Editing Job Descriptions

Multilingual

Defining Recruitment Teams

Authorisation Process

SourcingPosition

Management

Reporting

HiringCandidate

Management


SourcingPosition

Management

Reporting

HiringCandidate

Management



Position Details- According to Client Org-Structure- Configurable Labels & Content

- Fully maintained by Client

- Can be linked

New position


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Auto Populated Job

Description fromLibrary

Multilingual

Job details


Source

Specific text

Job details


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Easy to amend

with html-editor

Job details


Employer Branding

Content Management

Multibrand / Multilingual

Multiposting Capabilities

Posting to Target Channels

Posting to Jobboards

Posting to Agencies

Using Job Alerts

Referral Management

Event Management

SourcingPosition

Management

Reporting

HiringCandidate

Management


SourcingPosition

Management

Reporting

HiringCandidate

Management


Focus: leverage on multiple strategies


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External Corporate Careersite(s)

Graduates

Focus: target by multiple sourcing channels


School Leavers



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Experienced



International



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Top Talents




Multibrand


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Focus: Building relationships with passive talents

Talents are able to define

their search profile.Remain anonymous

Automatically notified when

the right job is posted


Focus: Efficiency & Talent Pools


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Job Search

Online Application Forms

Experienced

Form Based

Document Upload

Pre-Screening Options

Filter Questions

Application Questions

Branching Questions

Online Assessments

Paper Applications

Talent Pool Screening

SourcingPosition

Management

Reporting

HiringCandidate

Management


SourcingPosition

Management

Reporting

HiringCandidate

Management


Focus: screen, sift & select best candidate


Enable candidatesto conduct a

dynamic search

by one or multiple

fields (clientspecified)

Focus: attract, trigger & facilitate

Apply online


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Focus: select qualified candidates only


View applications

and status

See events signedup for

Manage you Job

Alerts and criteria

Manage/Edit/Add

CV details

Focus: Interact by Candidate Homepage


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Paper CVs


Online Assessment - Process

Selected Candidates

Ranked TestedResults

Invited to Test


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Flexible Candidate Workflows

Open Logic

Closed Logic

Correspondence Management

Rejection

Interview Management

Line Manager Interaction

Duplicate Checking

Candidate Self-Service

SourcingPosition

Management

Reporting

HiringCandidate

Management


SourcingPosition

Management

Reporting

HiringCandidate

Management


Focus: automate, benefit, convenience


On the relevant

position record,click on the

Interviews page

to add slots

E-booking interviews


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Hiring

Reference Management

Onboarding / Offer Management

Hiring Candidates

Export to HRMS

Reports:

Reporting Tool

Web Statistics

Hiring & Reporting

View Key DataRegarding

Career

Websites

Reporting is key to show strategic value andoptimise entire recruitment cycle


Cost Effectiveness of Sourcing channels


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Reporting: gather analyse and react

Number of vacancies - new or replacement

Number of open recruitment requisitions

Average time to authorise requisitions

Time to interview by recruiter

Open recruitment requisition by process stage(sourcing, selection, interview, offer etc

Days to fill (cycle time of the end to end process)

Average days the requisition is open

Average status duration

Hires by business division or specialisms

External source of hires e.g. Job Boards, Agencies, WebSites

Internal source of hires e.g. Redeployment pool, Intranet

Cost per hire (broken down by source and vacancy)

Cost per hire versus budget / manpower planning

Number of applicants in total

Number of applicants per vacancy

Number of offers declined Number of offers accepted

Reason for decline

Equal opportunity reporting

Number of hires by line manager, by recruiter

Agency performance

Hires by line manager

Hires by recruiter

Ad hoc / query reporting capability


Total Talent Provider

E-recruitment

E-recruitment


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Trends in e-recruitment

All-in concepts of ERP providers not convincing

Best of Breed vendors further dominate the market

Increasing integration possibilities

Global experience, local efficiency & compliance

Minimising time-to-hire and cost-per-hire while picking the most

valuable talent out of the market


StepStones positioned as Leader


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Summary of reasons why to think of e-recruitment

Align application experience with your brand name

High volume of applications

Reduce administrative workload, increase efficiency

Spend time on quality rather than quantity

Facilitate HR, Recruitment and Business

Gather management information


Q&A

Rolf BezemerCountry ManagerStepStone Solutions Benelux

Tel. +31 71 57 30 400Fax +31 71 57 30 [email protected]

Efficiency in Recruitment - StepStone Solutions

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