Fortune's 50 Most Admired companies consistently outperform their competitors. Here's how they hire the talent to do that.
Learn how to increase quality of hire, decrease time to fill, and provide a great candidate experience: https://www.hirevue.com/demo
2. TOP 10
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FORTUNE’S MOST ADMIRED
How do you make the list?
Companies are ranked on 9 different attributes
by 3,800 executives, directors, and securities analysts.
“Ability to attract, develop, and retain talent”
is the #1 attribute in the ranking.
3. THE DIFFERENCE IN TALENT
What value does an employee at
one of Fortune’s Most Admired
bring to the table?
An employee at one of the
top ten “Fortune’s Most Admired”
companies brings in a staggering
$981k in revenue each year.
This may be why investing in these FMA
companies over the last 5 years would have
yielded a 21% greater return than the S&P 500.
23%
19%FMA S&P 500
4. WHAT SETS THE MOST ADMIRED APART
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Participating in employment branding initiatives that make
their brands stand out from the crowd.
Providing great benefits and perks, encouraging employee
engagement and productivity in the workplace.
Attracting the best talent with an A+ candidate experience.
Leveraging recruitment and talent management tech to get to
the best talent faster.
Providing feedback, not only to employees, but to candidates.
5. WORLD CLASS BENEFITS
The Fortune’s Most Admired do more than provide
great health and 401k benefits. They also provide:
It’s hard to work
when you’re hungry -
Fortune’s Most Admired
ensure no employee
goes hungry on the job.
No employee has
trouble getting to
work. When possible,
employees are also
given the opportunity
to work remotely.
Employees feel more
invested in their work
when they’re invested
in company stock
programs.
Employees are given
help pursuing education
so they are up to date
in emerging fields. Part
of “retaining” top talent
is providing avenues for
their continued success.
Food Perks Transportation Stock Options Tuition Assistance
6. EMPLOYMENT BRANDING INITIATIVES
100% of Fortune’s Most Admired have a
completely branded hiring experience
with custom career pages, mobile pages,
and employee stories.
Candidates find the employer, not the reverse.
When employees join your company they align
with your brand. You need to make sure every
candidate knows what it means to join your brand.
More than 75% of candidates conduct their
own research. Fortune’s Most Admired make it
easy for them to learn exactly what they want
to know about working there.
7. EMBRACE NEW RECRUITING METHODS AND TECHNOLOGIES
They leverage recruiting and talent management tech to get to the best talent faster.
Fortune’s Most Admired companies stay ahead of the game and take a
forward-thinking strategy on talent acquisition investment.
96% of Fortune’s Most
Admired have a mobile
friendly career site.
Identify skills and attributes
that really matter.
Focus on providing a stellar
candidate experience.
40% use HireVue for
video interviewing.
8. 31%
60%
47%
of candidates said they would re-apply
for their current jobs.
of candidates take interviews outside
of business hours.
of candidates are still waiting to hear
back from employers 2+ months
after they apply.
Candidates who experience video
interviews rate them higher than all
interviewing combined (3.84 vs 3.75).
THEY ATTRACT THE BEST TALENT WITH AN
A+ CANDIDATE EXPERIENCE
3.84
In the average company…
Fortune’s Most Admired know that:
9. CANDIDATES ARE YOUR CUSTOMERS
What’s your Net Promoter Score (NPS)?
NPS asks candidates: “On a scale of 1-10, how
likely are you to recommend this experience
to a friend or colleague?”
Now subtract the % of candidates that give you a
score from 1-6 from the % that give you a 9-10.
A “good” or “average” NPS
is considered somewhere
between 25-35. HireVue
customers consistently rank
2-3x their industry average.
41%
64%
of job seekers with a terrible
candidate experience said
they would take their
business elsewhere.
of job seekers with an
awesome candidate experience
plan on increasing their
relationship with the employer.
10. CANDIDATES ARE CUSTOMERS
How are you reviewed?
The omnipresence of social media has opened the door for customers, employees, and
candidates to speak about their experience with your company on their terms. Sites like
Glassdoor, Facebook, and Twitter have made it more important than ever to take control
of the way the world experiences your brand.
Candidates who take
a HireVue interview
Appreciate the
time flexibility.
Agree it’s an effective
way for companies to
get to know them.
Agree perceptions of
the company were
positively affected.
Appreciate the fairness
and consistency.
88%
80%
85%
83%
11. The Result of a Candidate Driven Experience with HireVue.
Recruiters at Fortune 500 companies using HireVue say:
TECHNOLOGY’S EFFECT
“No other initiative has impacted our
hiring teams like digital recruiting.”
“Better gauge of candidate’s
personality, character, and fit.”
“Improved submit to hire ratios. More strategic.”
“More candidate insights
earlier, speeds time to fill.”
12. The Result of a Candidate Driven
Experience with HireVue. Managers at
Fortune 500 companies using HireVue say:
TECHNOLOGY’S EFFECT
“The magic is you put so much in the hands
of the candidate - and they want it that way.”
“It’s essential to be able to gauge
their excitement and behavior.”
“Great intro to our company.
Helps employment brand.”
“Watching interviews gives me
a better sense of candidates.”
13. 20 OF FORTUNE’S 50 MOST ADMIRED USE HIREVUE
They know a great candidate
experience is critical and you
don’t have to sacrifice speed
or quality to provide that
positive experience.
Contact HireVue for a demo today