moneyball for talent acquisition: using data to up your recruiting game
TRANSCRIPT
Moneyball for Talent AcquisitionUsing LinkedIn Data to Inform Your Strategy
#intalent
Josh Coulson Insights, Talent Solutions @joshco
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In Moneyball data transformed baseball
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In Moneyball data transformed baseball
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of Australian Talent Acquisition leaders believe that their organisation utilises
data well when hiring
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LinkedIn data can measure much better than beforeStarting with the profile
Broader
200M+ Members
Deeper Real-Time
Breakdown by geo, function, etc.
Constantly updating
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Put in practice
Plan
Prioritise
Today let’s discuss using LinkedIn data for 3 Ps
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How to:
Plan
Prioritise
Put in practice
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Start by sizing up the talent pool to set expectations with hiring managers
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Recruiter can measure the talent pool
11 talent pool
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Our strategic customers look at talent pool reports
• Recruiter can show supply of talent
DE
MA
ND
SUPPLY
• Now we can look at demand for talent
• This helps identify markets for talent
Melbourne
SydneyPerth
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We run surveys to identify what the talent pool is looking for so you can tailor messaging
Challenging work
Excellent compensation & benefits
High caliber people
Job security
Good work-life balance
Matters more Matters less
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You can now measure all this through Talent Pool reports
1. Software engineers
2. Financial services
3. Mining and Energy
4. Students and Recent Graduates
5. Women in Leadership
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You can find the Talent Pool reports at:
lnkd.in/plan
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How can you use data to plan?
Set expectations with hiring managers
Identify markets for targeting talent
1
2
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How to
Plan
Prioritise
Put in practice
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Once you’ve identified the right people, are they interested in you?
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Let’s look at Aurecon, a global engineering, management & specialist technical services firm
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Your employees are engaging talent every day; mobilise them as brand ambassadors
130,104Potential candidates view Aurecon’s
employee profiles yearly
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Your company page draws in talent
21,448 Engaged Talent
following Aurecon
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But how do you pull together the pieces? First, look at brand reach and engagement
Talent Brand Reach
Talent
Talent that’s familiar with you as an employer
Talent Brand EngagementTalent that is interested in you as an employer
Researching company and career pages
Following your company
Viewing jobs and applying
Viewing employee profiles
Connecting with your employees
263,229members
members
64,513
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But how do you pull together the pieces? First, look at brand reach and engagement
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Talent Brand Reach
Talent
Talent Brand Engagement
263,229members
members
64,513
Talent Brand Index
=Talent Brand Engagement
Talent Brand Reach
Aurecon
25%
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We can compare your Talent Brand Index against your peers
PEERS
GHD
Hyder Consulting
Mott MacDonald
Parsons Brinckerhoff
Sinclair Knight Merz
Arup
25%
14%12%
11% 11%
8%7%
Aurecon
1 of 7
Weaker employer brand
Employer of choice
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Talent more
difficult to engageTalent easiest to engage
We can measure your Talent Brand Index across the geographies you’re hiring…
South Africa India USA Australia New Zealand UK
37%
34%
20% 19% 19%
8%
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We can track how your Talent Brand Index progresses over time
Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-1310%
13%
16%
19%
22%
25%
28%
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How can you use data to prioritise?
Identify engaged candidates
Benchmark against peers
Diagnose strengths / weaknesses
1
2
3
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How to:
Plan
Prioritise
Put in practice
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Start using data & keep it simple
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What is the size of your talent pool?
How well are you engaging that talent?
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Integrate and enhance your existing workflow
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Look at the data to:
1) Plan based on the size of the talent pool
2) Prioritise engaged talent
Ask for the data:
1) How big is the talent pool?
2) How many candidates are we engaging?
Recruiter TA Leader
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How can you best operationalise talent analytics?
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Start using data & keep it simple
Integrate and enhance your workflow
Create the right team structure
Team TA
SourcingOps &
Analytics
Coordination
1
2
3
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Put in practice
Plan
Prioritise
You should now know how to use data to:
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Overview of Analytics Available to You
Job Analytics: Understanding who’s viewed your job
Talent Pools: Identifying your target
InMail Analytics: Understanding your communications with potential hires
Recruiter Usage: Understanding your team’s activity
Pipeline Analytics: Understanding where to allocate your resources