Talent Acquisition Trends
& Best Practices 2014

Presenter
Simon Parkin
Practice Leader,
Recruitment & Talent
Management Advisory
@aTalentCompany
@SimonParkin1
www.thetalent.co

So what makes us so
knowledgeable?

The Origins of Recruitment
VIDEO #1
http://www.youtube.com/watch?v=b56eAUCTLok

Recruitment Today:
The State of the Union

Recruitment Today
Many organizations are back
to a focus on growth – but smart growth!

Recruitment Today
Many organizations are back
to a focus on growth – but smart growth!
But impacts organizations both ways!
……..Top Talent Retention

Recruitment Today
Recruitment within most organizations is:
•
•
•
•
Under funded based on expectations
Limited by Recruitment Capacity
Limited by Recruiter Capabilities
Under represented with Recruitment
Branding
• Inadequately championed at the Executive
level
• Treated as an Admin Process

Recruitment Today
The Key Challenges Continue to
Remain the Same:
•
•
•
•
Finding Good Candidates
Filling Positions Quickly
Engaging Hiring Managers
Candidate Care

Talent Acquisition Trends

“Unplugging your ATS”
Get back to “Old School” Recruitment

“Unplugging your ATS”
Replace with a CRM Tool
(Candidate Relationship Management)

Candidate Sourcing
No longer about “Post & Pray”

Candidate Sourcing
Constantly Align to the
Business Goals
Talent Pipelines

Candidate Sourcing
Ensuring the most effective use of
tools your already likely paying for

Candidate Sourcing
Ensure your Recruitment
Function has the capacity and
capability to effectively source!

Candidate Sourcing
Evolving into a Talent Hunter Culture

Assessment
in Talent Acquisition

Assessment thru Interviewing
VIDEO - Misaligned Hiring Goals
http://www.youtube.com/watch?v=OVUZKvAwwd8

Assessment thru Interviewing
VIDEO – Hiring Managers and their self
made candidate interviewing tests
http://www.youtube.com/watch?v=5KV2rxpQ_Js

Deeper Assessment of
Candidates
Does a 1 hour interview provide you with
a true indication of a candidate fit?

Deeper Assessment of
Candidates
Top Influencing Factors in Hiring Candidates*
1. Candidate’s Sense of Humour – 27%
2. Involved in Community – 26%
3. Candidate who is Better Dressed – 22%
4. Candidate with whom the Hiring Manager
has more in common with – 21%
5. Physically Fit – 13%
*survey by Harris Interactive - 2013

Deeper Assessment of
Candidates
Focus on Quality & Thorough Interviewing

Deeper Assessment of
Candidates
Assume 50% of your candidates
misrepresent themselves on their resume
or exaggerate their experience in an
interview – is your organization equipped
to assess which ones?

Deeper Assessment of
Candidates
Are your Recruiters & Hiring
Managers aligned with your
organization’s hiring goals?
• Skills & Experience (usually)
• Organizational Fit (sometimes)
• Potential (rarely)

Deeper Assessment of
Candidates
Engage & Train your Recruiters &
Leaders on Effectively Assessing
Candidates

Candidate Experience
The Balance between Candidate
Romance and Assessment

The Balance between Candidate
Romance and Assessment
46% of new hires fail within 18
months*
*Leadership IQ 2013

The Balance between Candidate
Romance and Assessment
61% of new hires are unhappy
because they feel that they had been
misled during the hiring process*
*Harris Interactive 2013

The Balance between Candidate
Romance and Assessment
50% of Hiring Organizations or the
new hires themselves regret the
decisions they made*
*The Recruiting Roundtable 2013

The Balance between Candidate
Romance and Assessment
Expectation Setting, Communication
and Follow up with Candidates are
key!

Talent Calibration
Assess your Internal Talent versus Top
External Talent to Hire the Best overall
– don’t be afraid to compare

Talent Calibration
Where does your internal talent compare?
“Who the right person is can greatly
depend on the moment. Someone who
has performed an exemplary job leading
one leg of that journey may not be ideally
suited for the next.”
- Meg Whitman HP CEO

Recruiters now need to be
Talent Advisors
Recruiters must no longer be Recruitment
Coordinators & Administrators

Recruiters now need to be
Talent Advisors
Must be the Trusted Advisors & Partners to
the Business
– not just a simple title change!

Recruiters now need to be
Talent Advisors
Recruiters must become a Talent Influencer
for your organization

“Big Data” within Talent
Acquisition

Best Practices
Recruitment Model

Best Practices
Boomerang Hiring makes up 10%
of their hires each year

Best Practices - Interviewing
Uses panels of varied employees to handle the
interviewing & selection process – 4 interview maximum.
(no direct hiring managers or peers to remove the subjectivity)

Best Practices - Mobile
63% of people search for jobs on their smartphone

Best Practices - LinkedIn

Contact US
For further information or assistance
contact:
Simon Parkin
The Talent Company Ltd.
(905) 475-8562
simon.parkin@thetalent.co
www.thetalent.co