how to measure & improve quality of hire [webcast]

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How to Measure & Improve Quality of Hire ©2013 LinkedIn Corporation. All Rights Reserved.

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Page 1: How to Measure & Improve Quality of Hire [Webcast]

How to Measure & Improve

Quality of Hire

©2013 LinkedIn Corporation. All Rights Reserved.

Page 2: How to Measure & Improve Quality of Hire [Webcast]

“How to Measure & Improve Quality of Hire”

Grow your business with

LinkedIn Talent Solutions

ADVERTISE your open jobs

with

Work With Us Ads

2

BUILD your brand

with

Career Pages

3

MATCH your Jobs

with

Job Slots

4

FIND top candidates

with

Recruiter

1

Request a demo and further explore Talent Solutions

bit.ly/contacttalentsolutions

Page 3: How to Measure & Improve Quality of Hire [Webcast]

Introducing…

Lou Adler CEO & Founder

The Adler Group

Lou Adler is the CEO and founder of The Adler Group – a training and search firm helping companies implement

Performance-based Hiring℠. Adler is the author of the Amazon top-10 best-seller, Hire With Your Head (John Wiley & Sons,

3rd Edition, 2007). His most recent book has just been published, The Essential Guide for Hiring & Getting Hired (Workbench,

2013). He is also the author of the award-winning Nightingale-Conant audio program, Talent Rules! Using Performance-based

Hiring to Build Great Teams (2007).

#hiretowin

Page 4: How to Measure & Improve Quality of Hire [Webcast]

Agenda

① Importance of Feedback

② Measuring Quality of Hire

③ Sourcing in the Talent Sweet Spot

④ Creating the Career Move

#hiretowin

Page 5: How to Measure & Improve Quality of Hire [Webcast]

REROUTING

1 2 4

Feedback Process Control System

#hiretowin

3

Page 6: How to Measure & Improve Quality of Hire [Webcast]

Performance-based Hiring

1997

2002

2007

2005 2013 Predictive Analytics

Feedback Process

Control

#hiretowin

Page 7: How to Measure & Improve Quality of Hire [Webcast]

Performance-based Hiring

Surplus vs. Scarcity?

1997

2002

2007

2005 2013 Predictive Analytics

Feedback Process

Control

#hiretowin

Page 8: How to Measure & Improve Quality of Hire [Webcast]

Top Traits of Top People

Measuring Quality of Hire

1

Consistently

exceeds expectations!

2

Coaches, manages,

develops self/others

3

Leadership:

Vision plus execution

4

Breadth and depth

of thinking skills

5

Flexible, deals with change,

manager, culture

6

Gets it done–

no excuses! #hiretowin

Page 9: How to Measure & Improve Quality of Hire [Webcast]

Performance-based Hiring Job Fit Indexsm

Quality of Hire

Talent Predictor

Talent

Basic Skills Experience

Ability

Quality & Trend of Growth

Team & Individual Achiever Pattern

Career Move

Job Fit Intrinsic

Motivators

Managerial, Team &

Cultural Fit

Track Record of

Comparable Results

©2015 All Rights Reserved. The Adler Group, Inc. #hiretowin

Page 10: How to Measure & Improve Quality of Hire [Webcast]

A If B C predicts Quality of Hire

Big Data: Predictive & Control

#hiretowin

Page 11: How to Measure & Improve Quality of Hire [Webcast]

A If B C predicts Quality of Hire

A You need to track and control B C

Big Data: Predictive & Control

#hiretowin

Page 12: How to Measure & Improve Quality of Hire [Webcast]

Pre-Hire

Predictors of

QoH

A If B C predicts Quality of Hire

A You need to track and control B C

Big Data: Predictive & Control

#hiretowin

Page 13: How to Measure & Improve Quality of Hire [Webcast]

Pre-Hire

Predictors of

QoH

Workforce

Planning

A If B C predicts Quality of Hire

A You need to track and control B C

Big Data: Predictive & Control

#hiretowin

Page 14: How to Measure & Improve Quality of Hire [Webcast]

Pre-Hire

Predictors of

QoH

Workforce

Planning

Sourcing &

Recruiting

Funnel

Yield

A If B C predicts Quality of Hire

A You need to track and control B C

Big Data: Predictive & Control

#hiretowin

Page 15: How to Measure & Improve Quality of Hire [Webcast]

Pre-Hire

Predictors of

QoH

Workforce

Planning

Sourcing &

Recruiting

Funnel

Yield

Role

of Hiring

Manager

and Team

A If B C predicts Quality of Hire

A You need to track and control B C

Big Data: Predictive & Control

#hiretowin

Page 16: How to Measure & Improve Quality of Hire [Webcast]

Pre-Hire

Predictors of

QoH

Workforce

Planning

Sourcing &

Recruiting

Funnel

Yield

Role

of Hiring

Manager

and Team

The Process

Interview

The CX

NPS

A If B C predicts Quality of Hire

A You need to track and control B C

Big Data: Predictive & Control

#hiretowin

Page 17: How to Measure & Improve Quality of Hire [Webcast]

Pre-Hire

Predictors of

QoH

Workforce

Planning

Sourcing &

Recruiting

Funnel

Yield

Role

of Hiring

Manager

and Team

The Process

Interview

The CX

NPS

A If B C predicts Quality of Hire

A You need to track and control B C

Maximize Quality of Hire & Efficiency

Predict Measure Achieve Plan Control ● ● ● ●

Big Data: Predictive & Control

#hiretowin

Page 18: How to Measure & Improve Quality of Hire [Webcast]

Predictive Analytics &

Feedback Process Control

Candidates

per Hire

< 4

Passive to Active

Sourcing Mix

> 2:1

1st Contact

Funnel Yield

>80%

Pre-hire Talent

Scorecard

Quality

of Hire

CX NPS

>50%

Present / Meet

>90%

Maximize Quality of Hire & Efficiency

Predict Measure Achieve Plan Control ● ● ● ●

#hiretowin

Page 19: How to Measure & Improve Quality of Hire [Webcast]

31%

35%

17%

3%

57%

48%

63% 64%

1%

7%

13%

25%

11% 10% 7% 8%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Under/Unemployed: Active Employed: Active Employed: Tiptoer Employed: Passive

Apply

Networking

Internal

Other

How People Get Jobs

Source by Job-hunting Status

©2015 All Rights Reserved. The Adler Group, Inc. #hiretowin

Page 20: How to Measure & Improve Quality of Hire [Webcast]

31%

35%

17%

3%

57%

48%

63% 64%

1%

7%

13%

25%

11% 10% 7% 8%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Under/Unemployed: Active Employed: Active Employed: Tiptoer Employed: Passive

Apply

Networking

Internal

Other

How People Get Jobs

Source by Job-hunting Status

5–15% 15–20% 65–75%

©2015 All Rights Reserved. The Adler Group, Inc. #hiretowin

Size of the Talent Market

Page 21: How to Measure & Improve Quality of Hire [Webcast]

31%

35%

17%

3%

57%

48%

63% 64%

1%

7%

13%

25%

11% 10% 7% 8%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Under/Unemployed: Active Employed: Active Employed: Tiptoer Employed: Passive

Apply

Networking

Internal

Other

How People Get Jobs

Source by Job-hunting Status

5–15% 15–20% 65–75%

©2015 All Rights Reserved. The Adler Group, Inc. #hiretowin

Size of the Talent Market

Page 22: How to Measure & Improve Quality of Hire [Webcast]

Sourcing in the Talent Sweet Spot

Surplus vs. Scarcity?

#hiretowin

Page 23: How to Measure & Improve Quality of Hire [Webcast]

Sourcing in the Talent Sweet Spot

Surplus vs. Scarcity?

#hiretowin

Page 24: How to Measure & Improve Quality of Hire [Webcast]

10X

Sourcing in the Talent Sweet Spot

SEQ

Surplus vs. Scarcity?

#hiretowin

Page 25: How to Measure & Improve Quality of Hire [Webcast]

20–30X

10X

Sourcing in the Talent Sweet Spot

SEQ

Performance Qualified

Active

Not Apply

Surplus vs. Scarcity?

#hiretowin

Page 26: How to Measure & Improve Quality of Hire [Webcast]

50–100X

20–30X

10X

Sourcing in the Talent Sweet Spot

Performance Qualified Passive Not Apply

SEQ

Performance Qualified

Active

Not Apply

Surplus vs. Scarcity?

#hiretowin

Page 27: How to Measure & Improve Quality of Hire [Webcast]

50–100X

20–30X

10X

Sourcing in the Talent Sweet Spot

Performance Qualified Passive Not Apply

SEQ

Performance Qualified

Active

Not Apply

Surplus vs. Scarcity?

Candidates

per Hire

< 4

#hiretowin

Page 28: How to Measure & Improve Quality of Hire [Webcast]

Sourcing in the Talent Sweet Spot

Follow-the-Leader Strategy

Find-Apply-Weed Out

Transactional

Ill-defined Lateral Jobs

Cost and Efficiency

#hiretowin

Page 29: How to Measure & Improve Quality of Hire [Webcast]

Sourcing in the Talent Sweet Spot

Follow-the-Leader Strategy Raise the Talent Bar Strategy

Find-Apply-Weed Out Reach Out and Nurture

Transactional Consultative Recruiting

Ill-defined Lateral Jobs Career Moves

Cost and Efficiency ROI and Quality of Hire

#hiretowin

Page 30: How to Measure & Improve Quality of Hire [Webcast]

Creating the Career Move

#hiretowin

Page 31: How to Measure & Improve Quality of Hire [Webcast]

Creating the Career Move

Indirect • Skills

• Experience

• Academics

• Industry

• Competencies

• Responsibilities

Job Description

Having skills

#hiretowin

Page 32: How to Measure & Improve Quality of Hire [Webcast]

Performance Qualified

Creating the Career Move

Indirect • Skills

• Experience

• Academics

• Industry

• Competencies

• Responsibilities

Job Description

Performance Profile

Clarify Expectations

• Grow sales by 10%

• Launch new product line

• Build a team in 90 days

• Evaluate the process

• Prepare a plan for ___

• Develop product spec

• Design a circuit

Having skills

Direct

Delivering

results

#hiretowin

Page 33: How to Measure & Improve Quality of Hire [Webcast]

LinkedIn Talent Solutions

You &

Company Top Candidates

# F

oll

ow

ers

Career Pages

Targeted Media

Employee Ads

Content Updates

BUILD ENGAGE RECRUIT

Relevant Jobs

Recruiter

Work With Us

Ads

Career

Pages

Job Slots Recruiter

Grow your team

Page 34: How to Measure & Improve Quality of Hire [Webcast]

LinkedIn Talent Solutions

You &

Company Top Candidates

# F

oll

ow

ers

Career Pages

Targeted Media

Employee Ads

Content Updates

BUILD ENGAGE RECRUIT

Relevant Jobs

Recruiter

Work With Us

Ads

Career

Pages

Job Slots Recruiter

Grow your team

Page 35: How to Measure & Improve Quality of Hire [Webcast]

Work With Us Ads

#hiretowin

Attract more top talent by putting job ads right on your employees profiles

1 2

3

Get seen when candidates research or connect with

one of your employees.

Reach passive talent based on action

Displaying personalized job ads to every viewer. 50x higher click-through rate compared to traditional

ads, driving interested professionals to your jobs,

Career Page, and other destinations

Feature your most relevant jobs Strengthen your talent pipeline

Page 36: How to Measure & Improve Quality of Hire [Webcast]

Career Pages

#hiretowin

Personalized experience just for candidates

Career Page (paid) Company Page (free)

1

1

Page 37: How to Measure & Improve Quality of Hire [Webcast]

Consultative Recruiting

Recruiting Passive Candidates

#hiretowin

Page 38: How to Measure & Improve Quality of Hire [Webcast]

Criteria to Engage

Consultative Recruiting

Recruiting Passive Candidates

Title

Company

Compensation

Location

Job

#hiretowin

Page 39: How to Measure & Improve Quality of Hire [Webcast]

Criteria to Engage Criteria to Accept

Consultative Recruiting

Recruiting Passive Candidates

Title

Company

Compensation

Location

Job

Career Opportunity

Job and Impact

Hiring Manager

Team

Compensation

Work / Life Balance

Company, Culture,

Mission

#hiretowin

Page 40: How to Measure & Improve Quality of Hire [Webcast]

Criteria to Engage Criteria to Accept

Consultative Recruiting

Recruiting Passive Candidates

Title

Company

Compensation

Location

Job

Career Opportunity

Job and Impact

Hiring Manager

Team

Compensation

Work / Life Balance

Company, Culture,

Mission

Day 1 Year 1 and Beyond!

#hiretowin

Page 41: How to Measure & Improve Quality of Hire [Webcast]

Consultative Recruiting – Warmup for Needs Analysis

Recruiting & Hiring Passive Candidates

#hiretowin

Page 42: How to Measure & Improve Quality of Hire [Webcast]

Consultative Recruiting – Warmup for Needs Analysis

Recruiting & Hiring Passive Candidates

#hiretowin

Page 43: How to Measure & Improve Quality of Hire [Webcast]

LinkedIn Talent Solutions

You &

Company Top Candidates

# F

oll

ow

ers

Career Pages

Targeted Media

Employee Ads

Content Updates

BUILD ENGAGE RECRUIT

Relevant Jobs

Recruiter

Work With Us

Ads

Career

Pages

Job Slots Recruiter

Grow your team

Page 44: How to Measure & Improve Quality of Hire [Webcast]

Recruiter

#hiretowin

The ultimate recruiting solution that helps find candidates faster

LinkedIn Recruiter

Account type and number of seats Business account with options for multiple seat holders

Search LinkedIn profiles

Search other members on LinkedIn

• Unlimited profile views of extended LinkedIn network

• Access to all 400M+ members

Zero in on top talent with advanced filters

Premium filters allow you to search by seniority, company size, years of experience and

much more

20+ Premium search filters, including talent-specific filters plus Search Insights

Contact anyone directly with InMail messages

Reach candidates whether you’re connected to them or not Up to 150 InMails per month

Who’s viewed your profile

Discover professional opportunities, business deals, and possible new ventures See all the people who viewed your profile in the last 90 days

Set up search alerts to find new candidates

Save searches and get email alerts when new profiles match your search criteria 50 alerts daily

Add Projects

Manage all of your recruiting activities in one place. Clipboards, activity tracking, and more.

Customer service and support Dedicated enterprise support and training

Templates & bulk messages

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Request introductions

Get introduced to people you’d like to connect with Up to 25 introduction requests

Open profile

Allow anyone to contact you on LinkedIn Open Profile, any LinkedIn member can contact you

Page 45: How to Measure & Improve Quality of Hire [Webcast]

Consultative Recruiting – Warmup for Needs Analysis

Recruiting & Hiring Passive Candidates

Maximize Yield:

Ensure Your Candidates Don’t

Make Long-term Decisions

Using Short-term Information

#hiretowin

Page 46: How to Measure & Improve Quality of Hire [Webcast]

Feedback Process Control

& Consultative Recruiting

Performance-based Hiring

Talent Sweet Spot

Surplus vs Scarcity

Performance Qualified

Sourcing Talent Sweet Spot

Consultative Recruiting

#hiretowin

Page 47: How to Measure & Improve Quality of Hire [Webcast]

…Your work on performance-based hiring is a

genuine bright spot…I am blown away by how closely

your ideas map to the new science. I actually think

performance-based hiring is the secret sauce to getting

not only better talent management, but also to being able

to ensure that we live up to our promise of opportunity in

the 21st century.

Todd Rose, Harvard Professor, Director

Center for Individual Performance, Author of The End of Average

#hiretowin

Page 48: How to Measure & Improve Quality of Hire [Webcast]

LinkedIn Talent Solutions offers a full suite of

tools to help you find, attract, and hire top

candidates. Contact us to learn more.

Call

855-655-5653

or visit

bit.ly/contacttalentsolutions

Lou Adler

CEO & Founder

The Adler Group

Linkedin.com/in/louadler

Let’s connect!

#hiretowin