referrals meets recruiter: how to recruit with the power of your company's network [webcast]

Referrals Meets Recruiter

WebcastNovember 8th, 2016

© 2016 LinkedIn Corporation. All Rights Reserved. |

How to recruit with the power of your company’s networkReferrals Meets Recruiter

Speakers


Agenda & Objectives

Objectives

You’ll leave this call with…1. New industry stats2. A detailed understanding of

new enhancements3. Concrete use cases

Agenda

1. Trends You Can Use2. Referrals & Recruiter3. Live Demo4. Q&A

Trends recruiters need to know


Businesses win with the right talent, but acquiring talent is increasingly difficult and costly

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1 Bureau of Labour Statistics, 20152 Aberdeen, 20153 LinkedIn Talent Trends, 2016 4 Bersin, Talent Acquisition Factbook, 2015

Transient workforce

1 in 4 employees say they’ll switch jobs within the year3

Highcompetition

for talent

14 Year high for job openings in the U.S.1

Low supply of people with

key skills

80% of companies say there is a skills shortage2

Requiring more of your time and resources+7% more spend • +9% more TA headcount • +8% longer to fill a role4


Talent is more active than ever and their paths are influenced by people and companies they trust

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? #1The #1 way talent discovers a job opportunity is from someone they know2

66%Of job switchers knew about their company before they heard about the opportunity3

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1 CEB, Branding for Influence, 2014 2 LinkedIn, Job Switcher Survey, 20163 LinkedIn, Talent Trends, 2016


Quality#1Highest on-the-job performance1

Time#1Fastest time to fill2

Tenure#13x more likely to stay for 3 years2

Employee referrals are widely accepted as the best source of hire

95% of TA leaders

describe referrals as an important

part of their recruitment

process3

1 Dr. John Sullivan on ERE | 2 Jobvite Index | 3 LinkedIn 2015 survey of 979 talent acquisition leaders.7© 2016 LinkedIn Corporation. All Rights Reserved. |

http://www.eremedia.com/ere/10-compelling-numbers-that-reveal-the-power-of-employee-referrals/

http://www.jobvite.com/resources/jobvite-index/

Referrals Meets Recruiter


Unlocking your company’s network can be challenging

Recruiters

Proactive Sourcing

“How do I gain visibility into my company’s

network?”

“How do I tap employees for help in recruiting?”

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Your company network can be a significant asset in helping you to acquire talent on this path

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CLIENT employees are on LinkedIn

Professionals directly connected to your

employees

DemoCo.

Employees

Company Connections

1,500,000

10,000

ATS Data

* Total Applicants in your ATS (past two years)

150,000LinkedIn past applicants*

All pastapplicants


Your company network helps you hire faster

1. Percentage of professionals on LinkedIn who responded to an InMail sent via Recruiter in the past six months2. Members are considered connected if they were connected to at least one employee prior to inMail being sent3. Members who applied on LinkedIn prior to receiving an InMail

Acceptance rate of professionalsnot previously connected

Acceptance rate of professionalspreviously connected2

+46% More likely to respond to InMails

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~2x More likely to respond to InMails

Acceptance rate of professionalspreviously applied3

Not Connected Company Connections Past Applicants

InMail Response Rates by Recipients

X%


LinkedIn Referrals: an employee referral portal, enhancements to Recruiter, and an admin portal

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Referral portal for all employees

Enhancements to allRecruiter licenses

Admin portal for TA/HR leaders

referrals meets recruiter: how to recruit with the power of your company's network [webcast]

Recruiting & HR