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Mark waschek west central presentation
1.
Surviving The Storm:
Recruitment and Retention Strategies for Businesses of Every Size Mark Waschek The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
2.
Today’s Forecast The Employment
Situation The impact of Geography, Education & Retirement Weatherproofing Understand and Reduce Turnover Recruiting Talented Employees The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
3.
Why Worry About
The Storm? • People are your most important asset – Ultimately, your customer will figure out where the best people are working • Your ability to Hire and retain employees IS your competitive advantage in the future The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
4.
The most trusted
and reliable recruiting firm in the agriculture industry © Ag 1 Source
5.
First Year Eligible
for Full Retirement The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
6.
Source—Bureau of Labor
Statistics, Local Area Unemployment Statistics - http://www.bls.gov/lau/maps/twmcort.pdf The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
7.
Changes in Overall
Employment In 5 years, the overall U.S. employment is expected to increase by about 12 million. • Source – Georgetown Univ. The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
8.
The Education Component •
The Demand for college educated is outpacing supply at a rate of 300,000 per year. • By 2018, the postsecondary system will have produced 3 million fewer college graduates than demanded by the labor market – – Source – Georgetown University Projections of Jobs and Education Requirements The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
9.
Education in Agriculture
The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
10.
Our Future Employees •
Fewer Have Agricultural Backgrounds. (UC Davis Claims Less Than 5% In The College Of Ag Have Ag Backgrounds.) • More Ag Background Students Are Returning Back To Their “Baby Boomer” Parents’ or Grandparents’ Operations. • Student Population Is Now About 60% Female And 40% Male. Complete Reversal From 5 Years Ago. The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
11.
The Perfect Storm Ag
Background Total Labor Aggressive Applicants Supply Competitors Retirements Turnover The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
12.
If you are
looking for a mid-career, college educated, experienced individual with skill requirements, and located in the Heartland of the country A MAJOR STORM IS HEADED YOUR WAY The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
13.
Weatherproof Your Organization •
As Talent Becomes More Scarce, All Ag Businesses Will Have To Become More Focused On: – Reducing Turnover – Streamline Hiring Process – Hire based on Performance vs. Skills – Flexibility • Trainer or mentor • Enable/ Encourage Education • 55+ age group – Becoming a Destination Employer The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
14.
The Eye Of
The Storm Employee Turnover The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
15.
Employee Turnover It’s not
about the money! The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
16.
Perception vs. Reality •
89% of managers believe employees leave for more money • 11% believe they leave for other reasons • 12% of employees leave for more money • 88% of employees leave for reasons other than money Saratoga Institute 2003 The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
17.
Take Your Cues
From Why Employees Leave Numbers taken from research provided by the Saratoga Institute – research from 1996-2004 Supervisor - 32% Limited Growth - 16% { Lack of Respect Compensation - 12% } Lack of leadership Favoritism Unchallenged - 10% Poor employee relations Incompetence Work hours - 6% Lack of Technical Skills Unavoidable reasons - 5% Lack of recognition - 4% Poor conditions - 3% Training - 3% Poor Senior Leadership - 2% Discrimination - 1% Harassment - 1% Benefits - 1% Coworkers attitude - 1% The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
18.
Employees Need Answers •
Where are we going as a company? • How are we getting there? • How do you expect me to contribute? • How am I doing? • What is my career path? • How will I get the skills necessary to keep me on that path? The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
19.
The Cost Of
Turnover • Average US cost of losing an employee is equal to their annual salary • A company with 20% turnover, 100 employees, and an average salary of $40,000 has an annual loss of $800,000 due to just employee turnover The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
20.
A Failure To
Plan Is A Plan To Fail You know that you need to hire, but most importantly, You must know what you are looking for…… The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
21.
Study Your Best
Performers • Identify the traits that make your high performers— HIGH PERFORMERS • Identify the core personality type of top performers • Performance Profile – What is your definition of success? Can they do what you expect in 3, 12, and 36 months? • Is it really the job experience that you need or is it the right Behavioral traits? The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
22.
People are hired
for what they can do, and are fired for who they are The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
23.
The Passive vs.
Active Difference Passive - 83% Most candidates that Active apply to jobs on their own are “Active” applicants – Active - 17% 17% on average of the work force Explorers - 40% Active Passive Tiptoers - 15% Explorers Super Passive - 28% Super Passive “Explorers” and “Tip-toer’s” - (55%) of potential Active - 17% candidates that will listen Tip-toer’s to a compelling opportunity, one that could Source: 2011 Linkedin Survey of 4550 fully employed professionals substantially improve their career. The most trusted and reliable recruiting firm in the agriculture industry © 2013 Ag 1 Source
24.
The most trusted
and reliable recruiting firm in the agriculture industry © Ag 1 Source
25.
Convert a Career
into Words What’s the EVP? Why would a top, fully- employed person take PRESENT this position? Impact, Growth, Company Performance Profile What do the best do? Long term component of a career move – the Build team PAST Improve process becoming! Complete project Job Description Short term component of Skills a career move – DOING Experience FUTURE not HAVING Academics Industry Competencies Lead with EVP DOING Having Responsibilities The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
26.
Career Movers seek
30% value improvement. Seeking to find Passives that are willing to listen to the EVP. There is value in: (positive or negative) • Career track or a future that aligns better for their goals • More challenging or engaging work duties • Compensation (rarely more than 15%) • Benefits • Better supervisor • Geography • Better hours • And more…How about a family atmosphere? The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
27.
Become a Destination
Employer Example of an existing business - • Reduced Turnover – Low turnover is much more attractive to candidates- 9% • Brand Building - Utilize colleges, trade schools, and the community to find well-qualified candidates & build brand reputation • Internships – Challenging internships with the hope of bringing them on as FT employees • Recruiting Services – Make sure the recruiters they use focus on screening candidates against both position description and company culture • Company Culture – create culture where everyone is bringing in talent to fuel the organization • Of most importance – Led by a leader who embraces constant internal recruiting. The most trusted and reliable recruiting firm in the agriculture industry © 2013 Ag 1 Source
28.
The Key To
Weatherproofing Strategy People will forget what you said, will forget what you did, but people will never forget how you made them feel – Maya Angelou The most trusted and reliable recruiting firm in the agriculture industry © Ag 1 Source
29.
Learn more in articles
written for CropLife, by Mark Waschek
30.
Questions? www.ag1source.com The most trusted
and reliable recruiting firm in the agriculture industry © Ag 1 Source
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