Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

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Talent Trends What’s on the Minds of the Professional Workforce April 2014 While you’re waiting… download http://lnkd.in/TTreport

description

Get the pulse of professionals worldwide, and across Europe specifically, when it comes to their current jobs and what would convince them to accept new job offers. Learn more about LinkedIn Talent Solutions: http://linkd.in/1bgERGj Read more on the LinkedIn Talent Blog: http://linkd.in/1x82NI3 Follow the LinkedIn Talent Solutions page: http://linkd.in/1cNvIFT Tweet with us: http://bit.ly/HireOnLinkedIn

Transcript of Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Page 1: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Talent Trends What’s on the Minds of the

Professional Workforce

April 2014

While you’re waiting… download http://lnkd.in/TTreport

Page 2: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Meet your presenters

2 LinkedIn ©2014 All Rights Reserved

Maria IGNATOVA

Content Marketing Manager

Leela SRINIVASAN Director of Marketing

Tweet your favorite insights with #hiretowin

Page 3: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

We surveyed 18,000+ fully-employed

professionals in 26 countries

3 LinkedIn ©2014 All Rights Reserved #hiretowin

Page 4: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Active vs. passive

Page 5: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

How would you describe your job search status?

Open to talking to a recruiter

Completely satisfied; don’t want to move

Reaching out to personal network

Actively looking

Casually looking a few times a week

5

12%

13%

15%

45%

15%

#hiretowin

vs. 20% in 2012

LinkedIn ©2014 All Rights Reserved

Page 6: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Countries with unusual levels of active candidates

0% 25% Global average 50%

16% Sweden

18% Norway

18% Russia

29% Italy

42% India

44% UAE

Low Outliers

High Outliers

6 #hiretowin

LinkedIn ©2014 All Rights Reserved

26% UK

Page 7: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Countries with unusual levels of approachable

candidates*

50% 85% Global average 100%

78% Turkey

79% US

79% UK

89% Spain

88% Denmark

* All professionals except those who

are perfectly happy in their jobs

Low Outliers

High Outliers

7 #hiretowin

LinkedIn ©2014 All Rights Reserved

88% Finland

Page 8: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Don’t be put off by

passive candidates!

They can be surprisingly

approachable.

• Be relevant – why them?

• Get them to say yes to the

next conversation

• Avoid being transactional;

build long-term relationships

To find the right professionals faster, test drive LinkedIn Recruiter

Page 9: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Job satisfaction

Page 10: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

How satisfied are you with your current role?

Very dissatisfied

10

Somewhat dissatisfied

Neither satisfied nor dissatisfied

Very satisfied

Somewhat satisfied

27%

45%

14%

10%

4%

#hiretowin LinkedIn ©2014 All Rights Reserved

Page 11: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Countries with unusual levels of satisfied

professionals*

50% 72% Global average 100%

63% Turkey

67% Spain

67% Italy

83% Sweden

81% Norway

Low Outliers

High Outliers

11

* Those who are either “very satisfied” or

“somewhat satisfied” with their current role

#hiretowin LinkedIn ©2014 All Rights Reserved

81% Netherlands

Page 12: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Countries with unusual levels of “very satisfied”

professionals

Low Outliers

High Outliers

0% 27% Global average 50%

15% Russia

16% China

17% Italy 34% Denmark

43% Netherlands

39% Sweden

12 #hiretowin

LinkedIn ©2014 All Rights Reserved

Page 13: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Employees are more

satisfied than you

think.

However, satisfaction

is no guarantee of

loyalty...

Page 14: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Passive vs. active job

satisfaction

Page 15: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

How satisfied are you with your current role?

8% Dissatisfied

12% Neither

80% Satisfied

Passive Active

28% Dissatisfied

20% Neither

52% Satisfied

15 #hiretowin

LinkedIn ©2014 All Rights Reserved

Page 16: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

As an employer, don’t

take your people’s

loyalty for granted.

50% of job applications on LinkedIn are from people not actively searching for jobs.

As a recruiter, make

sure you get your

opportunities in front

of the right talent.

Page 17: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Q. Where in the world are people most passionate

about their work?

a. United Kingdom

b. United States

c. Japan

d. India

e. France

Page 18: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Q. Where in the world are people most passionate

about their work?

a. United Kingdom

b. United States

c. Japan

d. India

e. France

Page 19: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

What motivates people to

switch jobs?

Page 20: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Top 5 motivations for changing jobs for

active candidates

20 LinkedIn ©2014 All Rights Reserved

Motivations Global UK Italy Sweden

Greater opportunities for advancement 31% 33% 23%

Better compensation & benefits 30% 28% 28%

More challenging work 26% 22% 26% 40%

Better fit for skill set 25% 32% 28%

Increased learning opportunities 22% 22% 19%

Improved work/life balance 20% 19%

Seeking improved job secruity 20%

Leadership/Management 33%

#hiretowin

Page 21: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Top 5 motivations for changing jobs for

passive candidates

21 LinkedIn ©2014 All Rights Reserved

Motivations Global UK Italy Sweden

Better compensation & benefits 43% 39% 49% 38%

Better work/life balance 31% 40% 30% 23%

Greater opportunities for advancement 23% 22% 21%

More challenging work 21% 22% 30% 29%

Better fit for skill set 21% 18% 18%

Increased learning opportunities 17% 39%

#hiretowin

Page 22: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Don’t waste your time

emphasising these job

aspects

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5 things active candidates don’t care about in a job

23 LinkedIn ©2014 All Rights Reserved

Things candidates don’t care about Global UK Italy Sweden

Improved job title 33% 47% 17% 42%

Better office location (commute, city) 29% 23% 31% 23%

Unhappy with current team 28% 29% 19% 18%

Stronger relationship with manager 25% 19% 23% 20%

Personal reasons (family, health, etc.) 19% 16% 19% 18%

#hiretowin

Page 24: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

5 things passive candidates don’t care about in a job

24 LinkedIn ©2014 All Rights Reserved

Things candidates don’t care about Global UK Italy Sweden

Improved job title 49% 59% 68%

Better office location (commute, city) 33% 29% 36% 25%

Increased job security 22% 18% 22% 27%

Stronger relationship with manager 21% 23% 32%

Better alignment with cultural values 17% 18% 21%

Increased decision-making authority 20% 20%

Stronger leadership/management 21%

#hiretowin

Page 25: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

You can’t be a great

recruiter without being

a great listener.

Don’t sell on title and

compensation alone.

Know your individual

candidates and what

they want.

Take great notes. Reference them before each conversation and share with your interview team.

Page 26: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

How important is talent

brand?

Page 27: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Talent brand is most important globally…

56% 20% 17% 7%

Reputation as a great place to work

Reputation for great products and services

Reputation for great people

Reputation for being prestigious

27 LinkedIn ©2014 All Rights Reserved #hiretowin

Page 28: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Q. In which country do professionals say they are more concerned with a potential employer’s prestige than with its talent brand?

a. Brazil

b. Turkey

c. Canada

d. China

e. France

Page 29: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Q. In which country do professionals say they are more concerned with a potential employer’s prestige than with its talent brand?

a. Brazil

b. Turkey

c. Canada

d. China

e. France

None of the above. Talent brand rules everywhere!

Page 30: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

…and in fact, in every country

0%

10%

20%

30%

40%

50%

60%

70%

Austr

alia

Bra

zil

Ca

nad

a

Ch

ina

De

nm

ark

Fin

land

Fra

nce

Germ

any

Ho

ng K

on

g

India

Indon

esia

Ita

ly

Japa

n

Ma

laysia

Ne

therl

and

s

Ne

w Z

eala

nd

No

rwa

y

Ru

ssia

Sin

gapo

re

South

Afr

ica

Spain

Sw

ede

n

Turk

ey

Un

ite

d A

rab E

mira

tes

Un

ite

d K

ing

dom

Un

ite

d S

tate

s

Reputation as a great place to work

Reputation for great products and services

Reputation for great people

Reputation for being prestigious

30 LinkedIn ©2014 All Rights Reserved

% o

f T

ota

l C

ount of V

alu

e

#hiretowin

Page 31: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

If you’re investing in

your talent brand,

you’re on the right

track… but you’re also

not alone.

• What makes your company

special? Listen to candidates

and employees

• Consider all touch points

• Showcase your own people

Build a compelling candidate experience on LinkedIn, leveraging free and paid solutions together

Page 32: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

How professionals stay on

top of their careers

Page 33: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Ongoing career management is the new norm

11%

89%

No activity in last 30 days

Actively managed career in last 30 days

33 #hiretowin

LinkedIn ©2014 All Rights Reserved

Page 34: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Top 5 career management activities

34

Career management activities Global UK Italy Sweden

Engaged in professional networking 47% 53% 44%

Edited resume and/or professional profile 46% 48% 45% 41%

Researched ways to update skills 44% 40% 43% 34%

Researched companies that interest me 40% 39% 41% 36%

Received a message from a recruiter 39% 48% 35% 36%

Heard about a job from colleague, friend

or family 46%

#hiretowin LinkedIn ©2014 All Rights Reserved

Page 35: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

5 least popular career management activities

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Career management activities Global UK Italy Sweden

Interviewed for a new job with current

employer 6% 3% 7% 5%

Applied for a new job with current employer 8% 5% 11% 7%

Contacted recruiter/hiring manager to follow

up on a job application 11% 13% 11%

Contacted recruiter/hiring manager to learn

more about career opportunities 13% 14% 11% 12%

Explored a new job with current employer 14% 13% 15% 10%

Interviewed for a new job with a different

employer 14%

#hiretowin LinkedIn ©2014 All Rights Reserved

Page 36: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Put yourself in the

running – as a

company and as a

recruiting team.

Even passive

candidates are

doing a lot more

than you think.

Find, engage, hire.

Page 37: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

We’re here to help you find, engage and hire exactly the right talent.

Strategic Sourcing

and Pipelining

Metrics and Analytics

Personalised Job Targeting

Talent Brand Development

More details at talent.linkedin.com

Page 38: Talent Trends EMEA: What’s on the Minds of the Professional Workforce | Webcast

Questions?

38

Contact the LinkedIn Talent Solutions

Team at

[email protected]

See more details on our solutions

talent.linkedin.com

Stay on the cutting edge with our blog

talent.linkedin.com/blog

Follow us on LinkedIn

linkedin.com/company/linkedin-talent-

solutions

Follow us on Twitter

@hireonlinkedin

#hiretowin LinkedIn ©2014 All Rights Reserved

Access the stats for all 26 countries: http://lnkd.in/TTreport