Recruiting Relationships Rebooted
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Transcript of Recruiting Relationships Rebooted
Recruiting is Still Human
Source: http://fortune.com/2015/07/23/humans-are-underrated/
“We are social beings, hardwired from our evolutionary
past to equate personal relationships with survival.”
What is YOUR Recruiting Relationship
Blindspot?
A Blindspot Definition: “The part of your mind that
doesn't know to know what you don't know.”
(Source: Urban Dictionary)
The Recruiting Relationship Ecosystem
TA Team
TA Leadership
Recruiters
Sourcers
HR Team
The BusinessExternal
Stakeholders
CHRO
HR Business Partners
COEs
Hiring
Manager
Executive
Team
Finance &
Procurement
IT
Marketing
Employees
Full-Time
Candidates
Peers &
Parents
Career
Services &
Professors
Teachers
Contract
Candidates
Vendors
Non-Profits
Skills Mismatch Drives Cross-Sector
Collaborations
$150 billion loss to the global economy (PwC / LinkedIn)
74 million youths are
unemployed globally – a year
over year increase. (ILO)
By 2020 there will be 1 million more
computer science jobs in the US than
computer science students. (Code.org)
Rethinking Vendor Relationships
1.Attunement
2.Buoyancy
3.Clarity
Tech / Start-Up
Search / RPO
ConsultantAcademia
Staffing / MSP
TA External
Advisory Council
Candidate Relationship = Candidate
Experience
1) Design a tailored approach
2) Create an engaging online experience
3) Build talent communities
4) Include self-assessments
5) Streamline the interview experience
6) Create communication & feedback loops
Data-Dazzle the CEO and Executive Team!Total Benefits ($)
2015 2016 2017 2018 Total
Quality - Cost of Bad Hire
Current Bad Hire Cost $3,182,557 $3,341,685 $3,508,769 $3,684,208
Less: Target Cost $1,464,035 $1,310,993 $1,139,026 $1,049,191
Quality Benefit $1,718,522 $2,030,692 $2,369,743 $2,635,017 $8,753,975
Timeliness - Unfilled Vacancies
Current Unfilled Vacancy Cost $2,619,131 $2,619,131 $2,619,131 $2,619,131
Less: Target Cost $2,402,433 $2,176,411 $1,950,390 $1,724,368
Timeliness Benefit $216,698 $442,720 $668,741 $894,763 $2,222,922
Total Benefits $1,935,220 $2,473,412 $3,038,484 $3,529,780 $10,976,896
Implementation Costs ($)
2015 2016 2017 2018 Total
Quality Initiatives
Talent Branding $20,000 $0 $5,000 $0 $25,000
Workforce Planning $25,000 $0 $0 $0 $25,000
Sourcing $22,740 $30,000 $20,000 $35,000 $107,740
Service Delivery $40,000 $55,000 $65,000 $75,000 $235,000
Technology $35,800 $10,000 $18,000 $0 $63,800
Quality Initiative Cost $143,540 $95,000 $108,000 $110,000 $456,540
Timeliness Initiatives
Talent Branding $0 $5,000 $0 $0 $5,000
Workforce Planning $0 $0 $2,500 $0 $2,500
Sourcing $0 $0 $0 $1,500 $1,500
Service Delivery $25,500 $0 $0 $0 $25,500
Technology $30,250 $64,500 $59,500 $57,500 $211,750
Timeliness Initiative Cost $55,750 $69,500 $62,000 $59,000 $246,250
Total Implementation Costs $199,290 $164,500 $170,000 $169,000 $702,790
Employees are Brand Ambassadors
Source: http://www.socialmediaexaminer.com/turn-employees-brand-ambassadors/
HR Collaboration to Create an Integrated
talent.experience
Source: http://talentimperative.com/impact/capabilities/
Your 3-Step Action Plan
1. Identify your blindspot(s) and define a
plan of action.
2. Create a map of all the people you interact
with for work.• Assess your current relationship with each
person.
• What is important to them?
• How can you connect on a personal level?
3. Start small, one relationship at a time.
Don’t be afraid to ask for help – you are
not alone in this!
Connect with us!
Nicole Dessain
Founder
talent.imperative inc
(312) 659-6499
talent.imperative company page
talent trends Group on LinkedIn
https://www.linkedin.com/in/ndessain
@NicoleDessain
https://www.youtube.com/channel/UCzsO_iZBb38uu_Fkzio1Iyg
Email us at [email protected] to receive a free copy of
our “Recruiting Relationship Blindspot Self-Assessment”.