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Current trends of global recruiting By: Victor Soroka Saint-Petersburg, May, 2015 «нАйТи ответ!»

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Current trends of global recruiting

By: Victor Soroka Saint-Petersburg,

May, 2015

«нАйТи ответ!»

Victor Soroka

Senior Talent Acquisition Manager

EPAM Systems

8+ years in recruiting

5+ years in IT

Author of “It’s all about recruiting” blog

• Evolution of Talent Acquisition. Sourcing as part of

recruiting process

• Talent Acquisition software – history and current

trends

• “Uberization” of everything - can recruiters be

replaced?

• XXI organizational models - what we should be

prepared for

Our agenda for today?

Talent Acquisitions evolution

Why recruiting/sourcing is deferent today?

Recruiting trends:

• Hiring high skilled employees

• Passive candidates engagement

• Sourcing as important part of recruiting process

• Data and Metrics

Evolution of Talent Acquisition. Sourcing as part of recruiting process.

Talent Acquisition evolution

Sources of key quality hires? • Job Boards are still important source

of hire

• Social professional networks impact

increased drastically within last 4

years

• RPO’s/Staffing decreased notably

* 2015 Global Recruiting Trends 4th

Annual LinkedIn Report

Passive candidates recruiting• Global Average – 61% of companies approach

passive candidates

• Only 25% of candidates are active on the market

Organizational Priorities

• Attracting High-Skill talents is the top

priorities for recruiting leaders globally

• Companies care more and more about

quality of hire

• Sourcing is important for everyone

Sourcing as part of Talent

AcquisitionMore and more companies introduce separate sourcing function

within Talent Acquisition

We expect more companies to create sourcing teams.

“The biggest focus this year is to create a new sourcing team to build pipelines for our hard to fill roles,” wrote one respondent.”

Another employer wrote of placing an “emphasis on the sourcing of our hires in 2014 with identified full-time sourcers in the identified markets.”

• Evolution of ATS

• Referral recruiting/Social Recruiting/Mobile recruiting

• Predictive analytics and jobs/candidates matching

• Recruiting platforms as next step in recruiting software

Talent Acquisition software – history and current trends

ATS or HRM or Excel?An applicant tracking system (ATS) is a software application that enables the electronic handling of recruitment needs.

Evolution of recruiting software• Resume Databases• Automation• Configurable Workflows• Corporate Career Sites• Source Analytics• Recruiting Marketing• Improved Compliance• Interview and offer management• Candidate relationship management• ….

New tools and trends in recruiting software

• Social referrals

• People aggregators

• Smart jobs and candidates matching

• Predictive analytics

• Video interviews

• Online tests and assessments

Recruiting software

360SocialConnect6Connectifie

r

EnteloGlid

LinkedIn RecruiterAmazingHirin

g

Djinni ZartisMatch.me

SpireTalentBinHiring

Solved

SourceHu

b

Hired.com

Recruiting Platforms

• Analytics

• Engagement

• Talent Branding

• Assessment

• Interviewing

Majority of existing ATS were created exactly for tracking

You can not find everything in one place – easy integration is the

key

• Uber story and evolution

• Shared Economy Leaders

• “Uberization of everything” - what we can expect next?

• Uberization of recruiting?

“Uberization” of everything - can recruiters be replaced?

Now:

• 8 000 000 + users• 160 000 drivers• 290 cities• 1 000 000 rides per day• 14000+ cars in NY• 41 000 000 000 $ - company capitalization

UBER Story and evolution

• Started in 2009

• First cars on the road 2010

$335 billions till

2030

Shared Economy Leaders

“Uberization” of everything?

• Goods

• Space

• Mone

y• Transpor

t

Pro

fessio

nal

serv

ices

• Freelance recruiters become more and more popular

• Bonuses for external referrals

• Recruiters Skype chats

“Uberization” of everythingIt’s actually happening in our day to day life here in CIS…

• Organizational structures of XX century

• Why it doesn’t work today?

• Employee Engagement trends

• Work-life balance

• New engagement model – more freedom

XXI organizational models - what we should be prepared for

Organizational Structures

Organizational Structures

Employee Engagement trends

What is wrong with current employment?

How long do you anticipate staying with your

current employer?

• 37% expect to stay for less than 2 years…

• 90% of them intend to stay with their current

employer for no more than 5 years

London Business School Research – young executives

(under 30)

Work-life balance?

• 1,3 billion virtual workers by 2020

• 72% of Europeans who takes their Iphone/Ipad to

bed (under 25 years old – 98%)

• One hour during work day spend on Facebook and

other social networks

• 1,5 hours per day spend on work related issues

during holidays and weekends

New models of employee engagement• New organizational structures with less focus on

management and hierarchy

• Feeling of ownership

• Why am I doing this?

• Ability to influence

Thank

You!