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October 29, 2014 @JWTINSIDE | @CARCOdk # INSIDEinsights

INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

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Visit this link to access a recording of the webinar: http://jwti.co/qi8uhx7 Want to know what the latest and greatest technology trends are for your HR teams? Weren't able to make HR Tech this year? We've got you covered. Learn about leading trends in technology for Human Resources, and get a recap of the 2014 HR Technology Conference

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Page 1: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

October 29, 2014

@JWTINSIDE | @CARCOdk #INSIDEinsights

Page 2: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

PRESENTING TODAY:

Kai YenChief Technology OfficerJWT INSIDE

Doug ShonrockDirector ofTechnology ProductsJWT INSIDE

Alan GordonChief Information OfficerCARCO Group, Inc.

Samantha LockwoodDirector of Product DevelopmentCARCO Group, Inc.

@JWTINSIDE | @CARCOdk #INSIDEinsights

Page 3: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

Which category of technology tools and products are you most interested in hearing about?

Mobile Apply

Social Media/Social Networking

Big Data & Analytics

Culture-Based Mobile Apps

Application Process/ATS

Gaming/Gamification

Wearable Technology

0 6 12 18 24 30

21%

20%

18%

15%

14%

7%

4%

Page 4: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

300+ Exhibitors

@JWTINSIDE | @CARCOdk #INSIDEinsights

HCM ATS Benefits Financial Payroll Risk Assessment/Management Rewards/Recognition Assessments Time/Attendance Video Interviewing

Page 5: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

4 Trends To Watchin 2015

@JWTINSIDE | @CARCOdk #INSIDEinsights

Page 6: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

BIG DATA TAKES A BIG STEPTREND #1:

Samantha LockwoodDirector of Product DevelopmentCARCO Group, Inc.

Page 7: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

1#

300 million Facebook photos every hour

87% of the world has mobile access

Page 8: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

#

HIPPO

Highest Paid Person’s Opinion

GEEK

Distills the Facts

vs.

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#

Expert vs. Algorithm• 48% of the situations were a toss-up• 63% of the situations, the algorithm clearly made the better prediction• In only 6% of the situations was the expert clearly making a better prediction

Companies that adopted “data driven decision making” achieved productivity that was 5 to 6 percent higher.

! - Unboxed, an article in the NY Times by Steve Lohr

"Source: Clinical Versus Mechanical Prediction: A Meta-Analysis."

Page 10: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

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HR Analytics & Big Data• Companies using indexing and social data to create “Super Profiles”• Marketing already using our social data points for predictive marketing• Using algorithms to identify candidates from under-represented groups• HR technologies beginning to leverage same data points to build HR recruitment, engagement and retention strategies

!

Page 11: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

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"Source: HR Tech Conference Sessions with Entelo and Facebook" 

Page 12: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

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When do most employees leave their jobs?

Knowing this answer helps companies optimize their recruiting outreach as well as their retention efforts.

"Source: HR Tech Conference Sessions with Entelo and Facebook" 

Page 13: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

#

It’s common knowledge, right?

Employees leave around the 4 year mark. People won’t leave before they’ve been there a year, and if they stay for 10, they’ll likely never leave.

Year One Year Four Year Ten"Source: HR Tech Conference Sessions with Entelo and Facebook" 

Page 14: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

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Data shows us something different!

"Source: HR Tech Conference Sessions with Entelo and Facebook" 

Page 15: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

Doug ShonrockDirector of Technology ProductsJWT INSIDE

TREND #2:THE NEW “P” IN SOURCING

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There’s a New ‘P’ in town!

The first? PrintThe second? PostThe NEW?

PERFORMANCE

Page 17: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

Online Exhibitors from 3 years ago - GONE.

Page 18: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

Pay-For-Performance Takes Floor Space.

Page 19: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

Pay-Per-Lead will continue this trend from CPC to CPL

Early Results Look Promising

Page 20: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

Alan GordonChief InformationOfficerCARCO Group, Inc.

TREND #3:MOBILE IS HERE TO STAY

Page 21: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

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Data shows us something different!The modern “smart phone” was bornin 2007 with the iPhone

Microsoft phones, Android phones, iPads, tablets and yes, “phablets”

Like it or not, mobile has changed our world.HR Technology is still trying to catch up.

Page 22: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

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Over 50% of job seekers and HR users were dissatisfied with their experience on a mobile platform

Mobile Enabling

Mobile Optimizing

Mobile Apply

Page 23: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

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Right after shortages of critical skillsavailable in the labor market, the nexttwo most often cited impediments fortalent acquisition were technologydriven (candidate experience and needto update existing tools and technology)

Might the tail wag the dog on this? Are companies turning away viablecandidates because of poor mobileexperiences (50% of 80% is 40%)?

Greatest Investment in Talent Acquisition in 2014

Page 24: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

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“Best-in-Class” companies are making investments innew technology to make recruitment more engaging

Optimizing the candidate experience in the hiring process,the new hire experience in onboarding, and the employeeexperience in HR systems both inside and outside of HRare a chief focus for these companies

These companies are spending their greatest investment (44%) on mobile solutions and “mobile-optimizing” their talent acquisition solutions

HR is catching up!

Strategies to Improve the Candidate Experience

Greatest Investment in Talent Acquisition in 2014

Page 25: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

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Forward leaning companies are moving very quickly to “mobile-optimize” their HR systems to maximize thecandidate/new hire/employee experience.

This will be a steepening trend in 2015 and companies that ignore the mobile trend or look only to ensure“mobile-compatibility” will be left behind.

Page 26: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

Kai YenChief Technology OfficerJWT INSIDE

TREND #4:CONSOLIDATION COMPLEXITY

Page 27: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

CONSOLIDATION DRIVERS

Integrations are difficult and expensiveEasy to upsell existing clientsMigration to the cloudInnovation mostly with SMB productsAcqui-hire

Page 28: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

OPPORTUNITIES

Review capabilities of existing partners regularlyFavor partners with complete HCM suitesFavor partners with “Open APIs” (e.g. iCIMS)Leverage SMB tools for niche needsEmbrace the cloud

Page 29: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

PREDICTIONS

Acquisition of eCRM tool vendorsAcquisition of mobile tool vendorsFavor partners with “Open APIs” (e.g. iCIMS)Your cloud policies will evolve to be more open

Page 30: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

AND NOW FOR SOMETHINGENTIRELY DIFFERENT.

Page 31: INSIDE Insights Webinar: HR Technology Trends to Watch in 2015

say goodbye to noisycolleagues with the click of a button

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THANK YOU.Questions And Comments For Our Presenters

@JWTINSIDE | @CARCOdk #INSIDEinsights

Kai YenChief Technology OfficerJWT INSIDE

Doug ShonrockDirector ofTechnology ProductsJWT INSIDE

Alan GordonChief Information OfficerCARCO Group, Inc.

Samantha LockwoodDirector of Product DevelopmentCARCO Group, Inc.