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G A B R Y VA N B E E K | J a n . 1 9 th 2 0 1 2 |
SINGAPORE




WINNING
SOCIAL MEDIA
APPROACHES FOR
T H E WA R O N
TA L E N T
The Power of Social Media


December
31st, 2010
Dirk Dewulf
Changing Environment of Recuitment




  From a small and static number of channels
to an indefinite number and dynamic channels
Power Division vs Control




                     Source: Ordina, Innovation in Sourcing
                     (2008)
Changing Role of Agencies
         • What is the ADDED
           VALUE of agencies?
         • Speed? Quality? Large
           number of candidates?
         • Main value of agencies
           is their CV database
         • Well wake up, there is
           an even bigger
           database, and it is way
           more complete and
           accurate…..
Through the rise of social media we could make the
  STRATEGIC CHOICE to minimize usage of agencies.

         How? By using Social Media we can:

   SEARCH, FIND, COMMUNICATE AND CONNECT to
                candidates DIRECTLY

   Build LONG TERM RELATIONSHIPS with potential
                   candidates

Build, Nurture and Protect our (EMPLOYER) BRAND AND
                  CORPORATE VALUES
Statistics
Who’s driving traffic? LinkedIn is driving the most job-related traffic (47%) to
career sites, followed by Facebook (30%) and Twitter (16%) (Jobs2Web)
58.1% had successfully hired a candidate found through a
social network.
On that, 80% of companies recruit through LinkedIn network.
Now you know the value and importance of LinkedIn social
network. Adding to it, 55% and 45% of companies recruit
through Facebook and Twitter.
79 percent of recruiters and hiring managers in the United
States have reviewed online information posted to social
networking sites and blogs to screen job candidates, and 70
percent have rejected an applicant based on information they
found.
Before Social Media
      • We used agencies
        for almost all
        scarse/ hard to find
        positions
      • That was about
        35% of all vacancies
Strategic Use of Agencies
Still use                          Managed by
Agencies                           own
(10%)                              Recruitment
                                   department/
                 10%       25%     Social Media
                                   (90%)




                 40%      25%
Goal with Social Media
        • We will be
          recruiting 90% of
          positions ourselves
        • We will use
          agencies only for
          ‘Specialists
          Functions’
        • That will be about
          10% of all positions
O U R C O R P O R AT E R E C R U I T M E N T
  D E PA R T M E N T A C T U A L LY H A S
      BECOME AN AGENCY!!

A N D SAV ES M I L L I O N S O F $ $ $ $
           EACH YEAR
How? Social Media Framework
                                                        Recruitment KPI's
Most Effective Social Media Sources:
• Online Referral Systems




                                                                                                        s




                                                                                       cr uit t
                                                                                                 en t
                                                                                                      es




                                                                                    Re cr en
                                                                                             tm men
                                                                       te of ant roc




                                                                                           Re it m
• Microblogging (Twitter)




                                                                                                    t
                                                                                                   P




                                                                                                  u
                                                                    To a l c of s
                                                                            tit pl nt




                                                                          l s ts ecr
                                                                                               nt
                                                                                                s
                                                                                              e
• Professional Social Networking Sites




                                                                                           ca
                                                                    Qu y of uitm




                                                                                           R



                                                                                          ui
                                                                    In al c pli
                                                                                        ic




                                                                              co of
                                                                                    ap

                                                                         rn osts
                                                                                     r
                                                                        ali Rec

                                                                        an ap




                                                                       t a os
                                                                                 re
                                                               of



                                                                               y
                                                                          rn
                                                               d

                                                                           t
                                                            ee




                                                                      te
             Social Media Source




                                                                Qu
                                                         Sp




                                                                    Ex
             Personal Social Networking Sites           1       0      1       0      -1       1
             Professional Social Networking Sites       1       2      2       0      -1       4
             Corporate Blogs                            0       1      0       0      -2      -1
             Podcasts                                   0       0      0       0      -1      -1
             Content Communities                        0       0      0       0       0       0
             Corporate forums                           0       1      0       0      -1       0
             Micro Blogging                             2       1      2       1      -1       5
             Gaming                                    -1       1      0       -2      0      -2
             Online referral systems                    1       2      2       1       0       6
                                                Source: Thesis “The impact of social media on Recruitment and Employer
                                                branding”, Gabry van Beek (2010)
Most effective social media sources
                    Application that engages
                    the social networks of
                    employees in recruiting
                    new colleagues


                    Spreading jobs on Twitter via
                    corporate twitter channels,
                    recruiters, managers and
                    employees

                    Search, Find, Communicate
                    and Connect to candidates
                    directly
                    + Build talent pools
Social Referral, what is it?




• Social Media takes Referral Recruitment to a new dimension
• Harnesses the Social Network of Employees
• In general people have between 100 and 200 connections in their network
• The combined network of your company is larger than you think (E.g. Rabobank has
  a 7,5 mio strong Employee Social Network)
• The potential of these connections is massive: “Are you realizing it’s potential?”
Social Referral Results
• Works best for Bachelor/Master/PhD level jobs
• Average employee user participation after 2
  invite mails: 35/60%
• On average 10 referral mails are needed for 1
  application (10:1 ratio)
• Referral candidates have a conversion rate of
  25/30% of getting hired (highest conversion rate
  of all recruitment channels)
• Cost per hire is very low
Twitter
• Recuiters use LinkedIn for hard to find candidates
• 145 million users worldwide (every 14 days 1
  million new users)
• Conversion rate from approach to apply is
  approx. 20/30%
• Conversion rate from approach to hire is approx.
  10/15%
• Use LinkedIn wisely, DO NOT SPAM, getting
  Personal in approach is the way to go!
Talent Pool




Candidate contacted, but not (directly)
  interested? Enter into Talent Pool!
Build Relationships




By a combination of (online) CRM and (offline)
                  Events!!!
Lessons Learnt
• Most Effective Social Media Sources:
   – Online Referral Systems
   – Microblogging
   – Professionals Social Networking Sites
• Became less dependant of Agencies
• By using Social Media to build your own Corporate
  Recruitment Department and save $$$
• Encourage (hiring) managers, recuiters and employees to
  build relevant social networks online
• Actively use the social networks of recruiters, managers
  and employees for recruitment
All Employees are
    RECRUITERS,
Your Company is the
      AGENCY
Communicate, link or
    compliments?




Let’s Connect on LinkedIn!

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Recruitment and Social Media | Singapore

  • 1. G A B R Y VA N B E E K | J a n . 1 9 th 2 0 1 2 | SINGAPORE WINNING SOCIAL MEDIA APPROACHES FOR T H E WA R O N TA L E N T
  • 2.
  • 3. The Power of Social Media December 31st, 2010
  • 5. Changing Environment of Recuitment From a small and static number of channels to an indefinite number and dynamic channels
  • 6. Power Division vs Control Source: Ordina, Innovation in Sourcing (2008)
  • 7. Changing Role of Agencies • What is the ADDED VALUE of agencies? • Speed? Quality? Large number of candidates? • Main value of agencies is their CV database • Well wake up, there is an even bigger database, and it is way more complete and accurate…..
  • 8. Through the rise of social media we could make the STRATEGIC CHOICE to minimize usage of agencies. How? By using Social Media we can: SEARCH, FIND, COMMUNICATE AND CONNECT to candidates DIRECTLY Build LONG TERM RELATIONSHIPS with potential candidates Build, Nurture and Protect our (EMPLOYER) BRAND AND CORPORATE VALUES
  • 10. Who’s driving traffic? LinkedIn is driving the most job-related traffic (47%) to career sites, followed by Facebook (30%) and Twitter (16%) (Jobs2Web)
  • 11. 58.1% had successfully hired a candidate found through a social network.
  • 12. On that, 80% of companies recruit through LinkedIn network. Now you know the value and importance of LinkedIn social network. Adding to it, 55% and 45% of companies recruit through Facebook and Twitter.
  • 13. 79 percent of recruiters and hiring managers in the United States have reviewed online information posted to social networking sites and blogs to screen job candidates, and 70 percent have rejected an applicant based on information they found.
  • 14. Before Social Media • We used agencies for almost all scarse/ hard to find positions • That was about 35% of all vacancies
  • 15. Strategic Use of Agencies Still use Managed by Agencies own (10%) Recruitment department/ 10% 25% Social Media (90%) 40% 25%
  • 16. Goal with Social Media • We will be recruiting 90% of positions ourselves • We will use agencies only for ‘Specialists Functions’ • That will be about 10% of all positions
  • 17. O U R C O R P O R AT E R E C R U I T M E N T D E PA R T M E N T A C T U A L LY H A S BECOME AN AGENCY!! A N D SAV ES M I L L I O N S O F $ $ $ $ EACH YEAR
  • 18. How? Social Media Framework Recruitment KPI's Most Effective Social Media Sources: • Online Referral Systems s cr uit t en t es Re cr en tm men te of ant roc Re it m • Microblogging (Twitter) t P u To a l c of s tit pl nt l s ts ecr nt s e • Professional Social Networking Sites ca Qu y of uitm R ui In al c pli ic co of ap rn osts r ali Rec an ap t a os re of y rn d t ee te Social Media Source Qu Sp Ex Personal Social Networking Sites 1 0 1 0 -1 1 Professional Social Networking Sites 1 2 2 0 -1 4 Corporate Blogs 0 1 0 0 -2 -1 Podcasts 0 0 0 0 -1 -1 Content Communities 0 0 0 0 0 0 Corporate forums 0 1 0 0 -1 0 Micro Blogging 2 1 2 1 -1 5 Gaming -1 1 0 -2 0 -2 Online referral systems 1 2 2 1 0 6 Source: Thesis “The impact of social media on Recruitment and Employer branding”, Gabry van Beek (2010)
  • 19. Most effective social media sources Application that engages the social networks of employees in recruiting new colleagues Spreading jobs on Twitter via corporate twitter channels, recruiters, managers and employees Search, Find, Communicate and Connect to candidates directly + Build talent pools
  • 20. Social Referral, what is it? • Social Media takes Referral Recruitment to a new dimension • Harnesses the Social Network of Employees • In general people have between 100 and 200 connections in their network • The combined network of your company is larger than you think (E.g. Rabobank has a 7,5 mio strong Employee Social Network) • The potential of these connections is massive: “Are you realizing it’s potential?”
  • 21. Social Referral Results • Works best for Bachelor/Master/PhD level jobs • Average employee user participation after 2 invite mails: 35/60% • On average 10 referral mails are needed for 1 application (10:1 ratio) • Referral candidates have a conversion rate of 25/30% of getting hired (highest conversion rate of all recruitment channels) • Cost per hire is very low
  • 23. • Recuiters use LinkedIn for hard to find candidates • 145 million users worldwide (every 14 days 1 million new users) • Conversion rate from approach to apply is approx. 20/30% • Conversion rate from approach to hire is approx. 10/15% • Use LinkedIn wisely, DO NOT SPAM, getting Personal in approach is the way to go!
  • 24. Talent Pool Candidate contacted, but not (directly) interested? Enter into Talent Pool!
  • 25. Build Relationships By a combination of (online) CRM and (offline) Events!!!
  • 26. Lessons Learnt • Most Effective Social Media Sources: – Online Referral Systems – Microblogging – Professionals Social Networking Sites • Became less dependant of Agencies • By using Social Media to build your own Corporate Recruitment Department and save $$$ • Encourage (hiring) managers, recuiters and employees to build relevant social networks online • Actively use the social networks of recruiters, managers and employees for recruitment
  • 27. All Employees are RECRUITERS, Your Company is the AGENCY
  • 28. Communicate, link or compliments? Let’s Connect on LinkedIn!

Editor's Notes

  1. Manager Recruitment Rabobank, 50.000 FTE globally, 30.000 in NL30 FTE recruitment department combined with employer brandingAbout 1500 external vacanacies
  2. FireWorks background
  3. The change from “post and pray” (1 to many, sending) to “search, find, communicate and connect” (1 on 1 communication, ability to find millions of candidates) via Social Media
  4. With the rise of social media the power division between organizatons and users is changing rapidly
  5. Name Methods per quadrant
  6. It is about sending, and reaching masses. Not about targeting Traffic from Twitter is interesting, convesion rate reatievly low, bu in total quite o lot of applies through Twitter