candidate experience: debunking the myths, measuring its value, aligning your practices

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Imagine the group of top candidates you didn’t hire for your last job opening, went out and improved upon their skills, knowledge and experience and re-applied. Then imagine if those very same candidates went out of their way to discourage anyone they could influence, to never consider you as an employer. The difference between these scenarios? How you treat the 124 candidates you didn’t hire for each job, compared to the 1 you did hire, can have as much (if not more) of an impact on your firm’s performance downstream. Which practices are merely annoying, and which are critical to improve upon and monitor?

TRANSCRIPT

Candidate Experience: Debunking the Myths, Measuring its Value, Aligning Your Practices

Source: CareerXroads Candidate Experience monograph, March, 2011

Why do we even care about people we don’t hire?

Candidate Experience

Re-apply; Refer;Buy; Convert; Influence

Retain; Perform

2013

May June July August September Oct

138Registered

122 Completed Round 1

95 Competed Round 2

64 Companies

Won

46,600 Candidates Responded

2013 CANDE RESULTS – BY THE NUMBERS

2013 CANDE WINNERS

Basic Materials3%Consumer

Goods11%

Financial11%

Gov-ern-ment2%Health

Care16%Industrial Goods

5%

Services30%

Tech-nology

21%

Employer Industries

Under 100M

$100M - $1B

$1B - $3B

$3B - $10B

Over $10B

Declined to State

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

Employer Revenue

Up to 5

00

501 - 2

,500

2,501 -

5,0

00

5,001 -

10,0

00

10,001 -

25,0

00

25,001 -

100...

Over

100,000

16.3

9%

13.1

1%

4.9

2%

21.3

1%

16.3

9%

19.6

7%

8.2

0%

Employee Population

2013 Candidate Experience Employer Demographics

2013 Candidate Experience Candidate Demographics

50% 47.8%

0.7%Silent

Generation28.0%Baby

Boomer

39.0%Generation

X

28.0%Millennial

1.1%Generation

Z

80% were not

hired

Under ArmourInterview Prep

GenentechTransparency

Intel2-Way Interaction

EnterpriseContacts

IntuitFeedback

AdidasTraining

Lockheed MartinPipeline

Under 50 50 - 100 100 - 200 200 or More0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

2011 Results 2012 Results 2013 Results

EMPLOYER APPLICANT MANAGEMENT

APPLICANT TO POSITION RATIO 2011 - 2013

85

125

200

CANDIDATEAPPLICATION PROCESS

How long did it take you to complete the application process? N=(2013) 25,259 (2014)

39,603

Less than 15 minutes 16 - 30 minutes 31 - 60 minutes Greater than 60 minutes0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%

Intership Hourly Wage A salary entry-level A salary experienced professional A management position A senior leadership position

Pivotal Recruiting Practice

Did you get up to bat?

8

TalentBoard 2014 Copyright ©

50% aren’t aware of your ERP

Fewer than 1/3 who are aware thinkER is important

100 4 50% 5

.5 X .4 = 20% .02 X .6 = 1.2%vs 14X!

TALENTBOARD 2014 COPYRIGHT ©

Attracting

AFFINITY: (+) for

60% who apply

COMMUNICATION:

(+) Aligned

CONTENT: 80% find Job

Descriptions useful (LOL)

RESEARCH:40% ….1-2

hours

DISPOSITION

55.20%

10.00%

3.50%

3.40%

3.80%

18.60%Standard template email was received with very little feedback.

Personalized email received from the recruiter/hiring manager, providing general feedback.

Phone call received from the recruiter/hiring manager, but little feedback was provided.

Phone call received from the re-cruiter/hiring manager providing general feedback.

Phone call received from the recruiter/hiring manager, pro-viding specific feedback and answering my questions.

No feedback was provided.

Please select the answer that best represent how you were informed you were not

selected. N=5,344

18.6%

“How Likely are you to APPLY AGAIN?”

“Extremely Likely”

5.7%

“Definitely Not”

“Extremely Likely”

“Definitely Not”

24.7%

62.0%

0.6%

+ -

TALENTBOARD 2014 COPYRIGHT ©

“How Likely are you to REFER someone in the future?”

+ -I would actively encourage

others to apply

I would actively discourage others from applying

I would actively encourage others to apply

I would actively discourage others from applying

61.5%

0.5%

5.8%

27.0%

TALENTBOARD 2014 COPYRIGHT ©

0 10 20 30 40 50 60 70 80 90

-20

0

20

40

60

80

100

Net CE² Scores

I will Refer Others

I Will

Re-

App

ly

There is a [measurable] difference in how candidates are treated

TALENTBOARD 2014 COPYRIGHT © 24

-

“I…will increase my purchasing power.”

38.8%

30.8%

+customer

“I…will take myPurchasing power somewhere else.”

“How Likely are you to change your status as a CUSTOMER?”

25“How Likely are you to SHARE with your Inner Circle?”

-82.3% 64.3%

+

TalentBoard 2013 Copyright ©

“How Likely are you to SHARE your experience publicly?”

-50.5% 32.0%

+

Build a Business

Case

Everyonegets up to bat

SeekFeedback

SetExpectatio

ns

Walk in theirshoes

@GerryCrispin

in/GerryCrispin

www.theCandEs.org

@ElaineOrlerin/ElaineOrler

www.cande-events.org

ERE Discount Code: ERECES14 ($400 discount)

Thank you!

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