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2016 Talent Trends
Candidate Trends in Southeast Asia
Grace Kerrison
Director Global Accounts
Asia Pacific
Pooja Chhabria
Marketing Manager
Asia Pacific
Speakers and Panelists
Dev Das
Head of Content & Digital Marketing
Asia Pacific
Our Vision
Create economic opportunity for
every member of the global workforce
We have seen more than 10X growth in the last 5 years
About LinkedIn’s Annual Talent Trends Report
5
Who we surveyed:
600+
Professionals in
Malaysia
What we asked:
How open they
were to a new job
What they wanted to
know about your
company and jobs
What resources they
used to change jobs
? ? ?
750+
Professionals in
Indonesia
519+
Professionals in
Singapore
6
Almost everyone is open to
your job opportunities.
A massive 95% of professionals in
Malaysia, 93% in Indonesia and
96% in Singapore said they are
interested in hearing about new
job opportunities.
1
But people don’t know much
about your company or jobs.
Candidates say their biggest
obstacle when changing jobs is
not knowing enough about your
company and roles.
2
Once you have the right
message, you need to share it
in the right channels.
Your employees make the best
recruiters. Employee referrals
are the most common way
professionals discover and land
a new job.
3
Top 3 Talent Trends to remember
Social Media
Adoption in
Southeast Asia
7
Southeast Asia has the second largest number of social media users
in the world
234M
ACTIVE SOCIAL MEDIA USERS
SOUTHEAST ASIA
37%
PENETRATION OF POPULATION
Second only to East Asia that has,
769M
ACTIVE SOCIAL MEDIA USERS
EAST ASIA
Source: We are social – Digital in 2016 report
East Asia includes China, HK, Taiwan, South Korea, North Korea, Japan, Macau
Philippines, Malaysia, Indonesia, Thailand & Vietnam rank in the top
15 countries in terms of time spent on social media
3.7
3.3 3.2 3.2
3 3 2.9 2.9 2.9
2.7
2.5
2.3 2.3
2 1.9
Time spent on social media daily(hrs)
Source: We are social – Digital in 2016 report
The data you need to
get candidates to say
“yes”
Recruiters – good news.
Almost everyone, an overwhelming 95% of
professionals in Malaysia, wants to hear from you.
But even in today’s information age, candidates
don’t have enough information. In fact, their biggest
challenge is not knowing enough about your
company or jobs.
In our annual Talent Trends survey, we get to the
bottom of how candidates want to be recruited and
how you can grab their attention.
Read on for the exciting results. Happy recruiting.
10
Demographics and
Behavior of the
workforce
Most of the southeast Asian countries consist of a very young
population
28
26
35
23
Indonesia Malaysia Singapore Philippiness
Median Age ( years)
They are born between 1982 and 2003.
The millennials pack an estimated trillion dollars of purchasing power every year.
There are 26M millennials in APAC on LinkedIn
By 2020, the millennials will make up 50% of the workforce (and 75% by 2025).
Only 28 percent of Millennials feel that their current organization is making full use of their skills.
2 out of 3 Millennials expect to leave their current job within the next 3 years.
Raised as digital natives, Millennials know social networking in and out, and use smartphone as their
primary device.
Millennials exhibit a heightened awareness of separation between personal and professional networks.
Millennials care about the world, and what they associate with, and what companies they do business with
associate with. Acutely socially conscious, and particularly sensitive to issues around diversity.
Source: Data points on this slide include external sources including articles shared on LinkedIn, Deloitte Milennial research and
from the Brookings Institute.
These millennials look for challenging work and are open to moving
to smaller organizations from larger enterprises
75% of those professionals who moved from
enterprise to SMB are from the millennial generation
(<10 years of experience)
From 2012 to 2015, we have seen a
YoY growth in the percentage of job
switchers moving from enterprises to
relatively smaller organizations
Source: Southeast Asia Talent Migration report, LinkedIn
SMBs defined as <500 employees
The data you need to
get candidates to say
“yes”
Recruiters – good news.
Almost everyone, an overwhelming 95% of
professionals in Malaysia, wants to hear from you.
But even in today’s information age, candidates
don’t have enough information. In fact, their biggest
challenge is not knowing enough about your
company or jobs.
In our annual Talent Trends survey, we get to the
bottom of how candidates want to be recruited and
how you can grab their attention.
Read on for the exciting results. Happy recruiting.
14
Career Aspirations
and Job Seeking
Behaviour
Even though only 30-40% of professionals are actively looking for a
job, more than 90% of professionals are open to hearing about new
job opportunities
36%
33%
39%
Indonesia Malaysia Singapore
Pecentage of Active talent
Global average
36%
Indonesia Malaysia Singapore
Open to hearing about new opportunities
Source: LinkedIn Talent Trends 2016 – Singapore, Malaysia and Indonesia report
A sizable chunk wants to change their current job within 2 years
16
c60% c75%
Malaysia Singapore
c61%
Indonesia
Source: LinkedIn Talent Trends 2016 – Singapore, Malaysia and Indonesia report
Organizations will always be at a risk of high turnover
Professionals want more than a job, they want career growth
17
Global
Malaysia
* Statistically different from global professionals at the 95% confidence level.
53%
43%
*
The number one reason why people leave their job is lack of career advancement
opportunities
Indonesia
45% 50%
Singapore
Source: LinkedIn Talent Trends 2016 – Singapore, Malaysia and Indonesia report
The biggest roadblock that candidates face when changing jobs is
not knowing enough about the company
Candidates want to know more about culture and values even more
than perks and benefits
The top most way people land a new job is through an employee
they know at the company
The data you need to
get candidates to say
“yes”
Recruiters – good news.
Almost everyone, an overwhelming 95% of
professionals in Malaysia, wants to hear from you.
But even in today’s information age, candidates
don’t have enough information. In fact, their biggest
challenge is not knowing enough about your
company or jobs.
In our annual Talent Trends survey, we get to the
bottom of how candidates want to be recruited and
how you can grab their attention.
Read on for the exciting results. Happy recruiting.
21
Keeping talent
engaged and an
always ready
pipeline by creating
social proof
1. Position your executives as culture champions on social media
Use your executive team as the first communicators on social media talking about
the purpose of your company, internal culture and values.
69%
believe that having a social CEO
positions the company as a more
attractive place to work
75%
believe that it gives a human face to
the organization
Source: Weber Shandwick’s Social CEO study
2. Use your employees as brand ambassadors through a multiplier
network effect
……………….
500 employees
……………….
300 connections
Each employee has potential to reach 300 people. Your 500 employees have
potential to reach 150k professionals
Every 6 pieces of content shared by a LinkedIn member influences
3. Create and maintain a single hub to showcase and communicate
your culture
Your elevator pitch to
candidates
Use employees as
evangelists
Engage candidates through
content
Your followers. A virtual pool of
talent
130%
GROWTH IN FOLLOWERS
Here’s how the candidate journey plays out on LinkedIn
We looked at the behaviors of millions of LinkedIn members, and
discovered that the most common path from candidate to hired looks like
this:
Connect
with an employee
at the company
Follow
your company
View
your job
GET
HIRED
View
your Career Page
Reach out
to an employee or
apply to a job
26
View
your Company Page
View
A Status Update
27
Almost everyone is open to
your job opportunities.
A massive 95% of professionals in
Malaysia, 93% in Indonesia and
96% in Singapore said they are
interested in hearing about new
job opportunities.
1
But people don’t know much
about your company or jobs.
Culture rated as most
important.
Candidates say their biggest
obstacle when changing jobs is
not knowing enough about your
company and roles.
2
Top 6 takeaways you can start thinking about
There is need for
organizations to build an
always on engagement
strategy
Encourage employees to share
content, new jobs to engage
prospective candidates
3
To mitigate the risk of high
turnover of talent, organizations
need to build an engaged
pipeline of talent
Use your executives as
influencers
Use them to communicate your
purpose and create awareness
about your employer brand
4
Use your employees as
culture champions
Create a hub to communicate
your culture and purpose
5 6
A central place to build followers
and a ready pool of talent
Q&A
About LinkedIn
Talent Solutions
Attract, recruit, and empower the best
people for your business with
LinkedIn. Get access to quality
candidates – active and passive,
external and internal – on the world’s
largest professional network of 433M+
candidates.
29
Read our blog
talent.linkedin.com/blog
See our videos on YouTube
youtube.com/user/LITalentSolutions
Check out our SlideShare
slideshare.net/linkedin-talent-solutions
Follow us on Twitter
@hireonlinkedin
Connect with us on LinkedIn
linkedin.com/company/3519575
Visit our website

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2016 Talent Trends in Southeast Asia

  • 1. 2016 Talent Trends Candidate Trends in Southeast Asia
  • 2. Grace Kerrison Director Global Accounts Asia Pacific Pooja Chhabria Marketing Manager Asia Pacific Speakers and Panelists Dev Das Head of Content & Digital Marketing Asia Pacific
  • 3. Our Vision Create economic opportunity for every member of the global workforce
  • 4. We have seen more than 10X growth in the last 5 years
  • 5. About LinkedIn’s Annual Talent Trends Report 5 Who we surveyed: 600+ Professionals in Malaysia What we asked: How open they were to a new job What they wanted to know about your company and jobs What resources they used to change jobs ? ? ? 750+ Professionals in Indonesia 519+ Professionals in Singapore
  • 6. 6 Almost everyone is open to your job opportunities. A massive 95% of professionals in Malaysia, 93% in Indonesia and 96% in Singapore said they are interested in hearing about new job opportunities. 1 But people don’t know much about your company or jobs. Candidates say their biggest obstacle when changing jobs is not knowing enough about your company and roles. 2 Once you have the right message, you need to share it in the right channels. Your employees make the best recruiters. Employee referrals are the most common way professionals discover and land a new job. 3 Top 3 Talent Trends to remember
  • 8. Southeast Asia has the second largest number of social media users in the world 234M ACTIVE SOCIAL MEDIA USERS SOUTHEAST ASIA 37% PENETRATION OF POPULATION Second only to East Asia that has, 769M ACTIVE SOCIAL MEDIA USERS EAST ASIA Source: We are social – Digital in 2016 report East Asia includes China, HK, Taiwan, South Korea, North Korea, Japan, Macau
  • 9. Philippines, Malaysia, Indonesia, Thailand & Vietnam rank in the top 15 countries in terms of time spent on social media 3.7 3.3 3.2 3.2 3 3 2.9 2.9 2.9 2.7 2.5 2.3 2.3 2 1.9 Time spent on social media daily(hrs) Source: We are social – Digital in 2016 report
  • 10. The data you need to get candidates to say “yes” Recruiters – good news. Almost everyone, an overwhelming 95% of professionals in Malaysia, wants to hear from you. But even in today’s information age, candidates don’t have enough information. In fact, their biggest challenge is not knowing enough about your company or jobs. In our annual Talent Trends survey, we get to the bottom of how candidates want to be recruited and how you can grab their attention. Read on for the exciting results. Happy recruiting. 10 Demographics and Behavior of the workforce
  • 11. Most of the southeast Asian countries consist of a very young population 28 26 35 23 Indonesia Malaysia Singapore Philippiness Median Age ( years)
  • 12. They are born between 1982 and 2003. The millennials pack an estimated trillion dollars of purchasing power every year. There are 26M millennials in APAC on LinkedIn By 2020, the millennials will make up 50% of the workforce (and 75% by 2025). Only 28 percent of Millennials feel that their current organization is making full use of their skills. 2 out of 3 Millennials expect to leave their current job within the next 3 years. Raised as digital natives, Millennials know social networking in and out, and use smartphone as their primary device. Millennials exhibit a heightened awareness of separation between personal and professional networks. Millennials care about the world, and what they associate with, and what companies they do business with associate with. Acutely socially conscious, and particularly sensitive to issues around diversity. Source: Data points on this slide include external sources including articles shared on LinkedIn, Deloitte Milennial research and from the Brookings Institute.
  • 13. These millennials look for challenging work and are open to moving to smaller organizations from larger enterprises 75% of those professionals who moved from enterprise to SMB are from the millennial generation (<10 years of experience) From 2012 to 2015, we have seen a YoY growth in the percentage of job switchers moving from enterprises to relatively smaller organizations Source: Southeast Asia Talent Migration report, LinkedIn SMBs defined as <500 employees
  • 14. The data you need to get candidates to say “yes” Recruiters – good news. Almost everyone, an overwhelming 95% of professionals in Malaysia, wants to hear from you. But even in today’s information age, candidates don’t have enough information. In fact, their biggest challenge is not knowing enough about your company or jobs. In our annual Talent Trends survey, we get to the bottom of how candidates want to be recruited and how you can grab their attention. Read on for the exciting results. Happy recruiting. 14 Career Aspirations and Job Seeking Behaviour
  • 15. Even though only 30-40% of professionals are actively looking for a job, more than 90% of professionals are open to hearing about new job opportunities 36% 33% 39% Indonesia Malaysia Singapore Pecentage of Active talent Global average 36% Indonesia Malaysia Singapore Open to hearing about new opportunities Source: LinkedIn Talent Trends 2016 – Singapore, Malaysia and Indonesia report
  • 16. A sizable chunk wants to change their current job within 2 years 16 c60% c75% Malaysia Singapore c61% Indonesia Source: LinkedIn Talent Trends 2016 – Singapore, Malaysia and Indonesia report Organizations will always be at a risk of high turnover
  • 17. Professionals want more than a job, they want career growth 17 Global Malaysia * Statistically different from global professionals at the 95% confidence level. 53% 43% * The number one reason why people leave their job is lack of career advancement opportunities Indonesia 45% 50% Singapore Source: LinkedIn Talent Trends 2016 – Singapore, Malaysia and Indonesia report
  • 18. The biggest roadblock that candidates face when changing jobs is not knowing enough about the company
  • 19. Candidates want to know more about culture and values even more than perks and benefits
  • 20. The top most way people land a new job is through an employee they know at the company
  • 21. The data you need to get candidates to say “yes” Recruiters – good news. Almost everyone, an overwhelming 95% of professionals in Malaysia, wants to hear from you. But even in today’s information age, candidates don’t have enough information. In fact, their biggest challenge is not knowing enough about your company or jobs. In our annual Talent Trends survey, we get to the bottom of how candidates want to be recruited and how you can grab their attention. Read on for the exciting results. Happy recruiting. 21 Keeping talent engaged and an always ready pipeline by creating social proof
  • 22. 1. Position your executives as culture champions on social media Use your executive team as the first communicators on social media talking about the purpose of your company, internal culture and values. 69% believe that having a social CEO positions the company as a more attractive place to work 75% believe that it gives a human face to the organization Source: Weber Shandwick’s Social CEO study
  • 23. 2. Use your employees as brand ambassadors through a multiplier network effect ………………. 500 employees ………………. 300 connections Each employee has potential to reach 300 people. Your 500 employees have potential to reach 150k professionals
  • 24. Every 6 pieces of content shared by a LinkedIn member influences
  • 25. 3. Create and maintain a single hub to showcase and communicate your culture Your elevator pitch to candidates Use employees as evangelists Engage candidates through content Your followers. A virtual pool of talent 130% GROWTH IN FOLLOWERS
  • 26. Here’s how the candidate journey plays out on LinkedIn We looked at the behaviors of millions of LinkedIn members, and discovered that the most common path from candidate to hired looks like this: Connect with an employee at the company Follow your company View your job GET HIRED View your Career Page Reach out to an employee or apply to a job 26 View your Company Page View A Status Update
  • 27. 27 Almost everyone is open to your job opportunities. A massive 95% of professionals in Malaysia, 93% in Indonesia and 96% in Singapore said they are interested in hearing about new job opportunities. 1 But people don’t know much about your company or jobs. Culture rated as most important. Candidates say their biggest obstacle when changing jobs is not knowing enough about your company and roles. 2 Top 6 takeaways you can start thinking about There is need for organizations to build an always on engagement strategy Encourage employees to share content, new jobs to engage prospective candidates 3 To mitigate the risk of high turnover of talent, organizations need to build an engaged pipeline of talent Use your executives as influencers Use them to communicate your purpose and create awareness about your employer brand 4 Use your employees as culture champions Create a hub to communicate your culture and purpose 5 6 A central place to build followers and a ready pool of talent
  • 28. Q&A
  • 29. About LinkedIn Talent Solutions Attract, recruit, and empower the best people for your business with LinkedIn. Get access to quality candidates – active and passive, external and internal – on the world’s largest professional network of 433M+ candidates. 29 Read our blog talent.linkedin.com/blog See our videos on YouTube youtube.com/user/LITalentSolutions Check out our SlideShare slideshare.net/linkedin-talent-solutions Follow us on Twitter @hireonlinkedin Connect with us on LinkedIn linkedin.com/company/3519575 Visit our website

Notas del editor

  1. Hi everyone, Welcome to the LinkedIn webcast on “What candidates want in Southeast Asia”. Before we begin, some housekeeping items we would request you to take note of. If you can hear me well, then please click on the palm symbol that you can see on your console. You will also see a chat window where you can leave your questions and my colleague Dev will help us with the questions. If you are facing issues with audio, then please use the instructions that you can see on screen to connect to audio.
  2. Before we begin, I’d like to introduce you to my panel of speakers. To introduce myself, I am Pooja Chhabria and I work in the LinkedIn marketing team based out of our Singapore office. Been with LinkedIn for 4 years now and passionately believe in the mission of the company and what we are trying to accomplish. A marketer at heart, I see joy in understanding the customer and hence this topic of understanding what candidates want is close to my heart. Grace is our featured speaker. She is a Director of Global Accounts at LinkedIn consulting some of our biggest clients on what they can do on LinkedIn to drive scale and engagement in their hiring and employer branding efforts.
  3. It is a level setting. CBefore we begin today’s presentation, wanted to quickly talk about the vision that LinkedIn has. It is to create economic oppty for every member of the global workforce. This economic opportunity spans across finding a job, finding an investor, looking for partners, reaching out to prospective clients.
  4. And with that misison, we have seen a 10x growth in our membership in the last 5 years. 433M members worldwide… giving you access to professionals around the world – breaking barriers. And we are still growing at 2 new members per second. Fastest growing membership , 30 to 40 thousand join every week – students
  5. With this growth of members, we have the opportunity to understand what professionals want through behavioral and research data. Today our endeavor will be to present to you Top findings of the Talent Trends report plus also insights based on candidate behavior on LinkedIn that can be a starting point for you when you are thinking of your hiring and employer branding strategy. A little information of the Talent Trends survey – This was a worldwide survey covering professionals on LinkedIn where we asked professionals their views across three main categories – Their openness to new jobs, what do they want to know about a prospective company and job and what resources do they use.
  6. Top 3 trends that stood out across all 3 markets
  7. A follower is X% more likely to apply to your job.