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What Is Sourcification?Established KPI’s/Metrics
+A point system related to activity
+Performance benchmarks
+Reward
=SOURCIFICATION
It’s Easy• Assign points for hitting, exceeding and falling
short of KPI’s• Determine ratings for successful, progressing and
outstanding benchmarks• Define how often • Define the reward• Track the activity• Recognize top performer(s)
What To Keep In Mind
• No secret formula
• Don’t over analyze
• No “one size fits all”
• Tweak, tweak then tweak some more
• Listen to what people are saying
Why Gamification In Sourcing?• IT’S FUN!
• Motivating
• A cumulative approach
• A weighted focus
• High visibility
• Big picture
• Rewards those who go above and beyond
• Flexibility
Why We See A Need For Sourcification
• Over capacity
• Internal pressures
• Passive candidate pool
• Social professional networks
• Intense competition
Our Solution
• Centralized Sourcing Hubs
• Hire teams out of agency
• Tie Branding directly to the Sourcing Organization
• Create KPI’s tied to activity that will yield success
• Apply Sourcification
Sourcing KPIs/SLAs• Performance KPIs
Hires per month
Declined/Revoked offers
Number of submittals to CFRs per month
Number of candidate screens per month
Submittal to interview ratio
• Time KPIs
Time to source (from sourcing req open to 1st submittal)
Time to source (from sourcing req open to 3rd or 4th submittal)
• Quality KPIs Survey to CFRs and Candidates screened by HM
• LinkedIn usage KPIs
Days visited
Searches
Profile Views
Inmails - acceptance rate
Point System
Well over exceed : 20 points
Exceed KPI: 15 points
Hit KPI: 10 points
Short of KPI: 5 points
Miss KPI: 0 points
Overall Performance BenchmarksExtraordinary Performance: 90+ points
Outstanding Performance: 75 – 89 points
Successful Performance: 60 – 74 points
Progressing Performance: 55 – 64 points
Insufficient Performance: 54 or less points
SOURCIFICATION:The New Way Of Measurement
• Cumulative
• All encompassing
• Weighted
• Full insight
• Compensation for shortfalls, to a degree
• Incentive
• Differentiation
The Old Way Of Measurement• No measurement
• Silo’d measurements
• Limited “over control” measurements
• No compensating
• No incentive
• Nothing beyond successful & unsuccessful
• No differentiation between achievers and over-achievers
The Example• Jay’s was measured only against submittals & quality ratio• He was asked to obtain 10 submittals and a 50% quality
ratio• Jay had 8 submittals but an 87.5% quality ratio • On paper he didn’t achieve one of his KPI’s• On top of his measured activity he had 3 offers and 2 hires• Over-achieving his quality ratio, hires & offers are not taken
into consideration and has no impact
The Example
• Jay’s KPI’s were submittals & quality ratio
• His team was tasked with obtaining 5 submittals & a 40% quality ratio for the week
• Jay obtained 7 submittals and an 85% quality ratio
• Repeta obtained 5 submittals and a 40% quality ratio
• Even though Jay outperformed Repeta there is no differentiation between the two and both were shown as successful
The Example
• Jay was given 4 positions to source on for Jess, his Hiring Manager
• After a lot of hard work Jay was ready to submit 6 Candidates to Jess
• Jess had forgot to mention to Jay that all of her positions were transferred overseas and she no longer needs the support
Analytics & Sourcification
• A key component
• Looks at all variables – BIG picture
• Measures activity according to desk
• Pinpoints success & shortfalls
• “Under controls” & “Over controls”
What Should You Analyze?• “Over Controls”• What “Over Controls” are we measuring:
– Canceled, Transferred, Hold, Internal Hire, Request Withdrawn reqs
– High Volume & “Niche Reqs– Runner up or “Silver Medal” Candidates– The time lapse between a req being opened and when
Sourcing is engaged– The time lapse between submittals and feedback– Hires– Offers
Analytics• ERE recently surveyed 2,500 talent acquisition leaders, recruiters
and sourcers to get insight on key trends in talent acquisition today.– Only 19% of respondents currently use an analytics solution– Only 12% of respondents have moved beyond basic data reporting– 29% of respondents are already benchmarking their KPIs and another
39% planning to do so– 28% of respondents don’t have a dedicated resources to manage
these analytics – 20% do not see value in dedicating resources to these analytics and do
not plan to moving forward
First Potential Obstacle
• No robust CRM & Analytics
• No resources to implement or manage an analytics solution
Don’t Have A Robust CRM/ATS?• There are a hand full of free web based and open source ATS solutions out there.
– OpenCATS– JobScore– Recruiterbox– SmartRecruiters– Qandidate.com– Zoho Recruit
• Reporting in these tools is hit or miss….most of the times a miss• Free solutions come with limited seating• A lot of the web based solutions are “out of the box”• The open source solutions are much more customizable and can give you a lot of
flexibility but…..• Most solutions that offer a free or lite version of their tool are considerably cheaper
than the larger brands out there when buying their premium versions• If you can customize what you already have, that’s the best solution
Second Potential Obstacle
SOURCING
=HIRES
OH MY!
Recommendations• Keep the hires in your measurements, and what
the heck, add offers too!
– Suggestion: Add them as bonus or “accelerator” points”
– Weight them
• Data is KING
– Use the analytics to your advantage
– Use examples
Screens Subs Quality Hires D/R Offers1st
Submittal Shortlisted Searches Views Response Rate
46 27 57% 2 2 6 9 138 650 44.82%
Screens Subs Quality Hires 1st Submittal Shortlisted Searches Views Response Rate
40 28 50% 4 7 10 80 250 20%
Score Rating
65 Progressing
Analytics To The Resuce• Statistics (Feb – June 15’):
– 728 reqs sourced on– 135 hires (18.5%)
• The “Drill Down”– 267/728 were C/R/T/I/H (37%)
• =463 viable reqs
– 135 hires (30%)– 44 screens/month– 28 subs/month– 52% quality– 1st sub: 4 days– Shortlisted: 9 days– 40% response rate
Third Potential Obstacle• Blanket Statements
Recommendation
• This is the GRAY area• No secret formula• Make adjustments• Use your analytics• Come up with a “breaking point”• If one area is predominant with “over controls” make it
separate• Adjust performance benchmarks
Benchmark
Example
Reqs Niche Canceled Revoked Transferred Hold Hired Internally
14 10 0 1 0 4 0
Score Rating
33 Insufficient
Screens Subs Quality 1st Sub Shortlisted Hires Searches Views Response Rate
30 18 44% 11 16 0 137 628 23%
Reqs Screens Submittals Quality 1st Submittal Shortlisted Searches Views Response Rate
15 40 28 50% 7 10 80 250 20%
ExampleBenchmark
Example
Judged against 9.5 reqs (14-(15x.5). 6.5/15 = 43.33% shifting Performance KPI’s by 43.33%
• Candidate Screens Submittals to CFR Submittals to Interview • More than 22: 20 POINTS 18 Plus: 20 POINTS 61% or more: 20 POINTS• Meet 18 – 22: 15 POINTS Meet 13 - 17: 15 POINTS 41% -60%: 15 POINTS• Meet 17: 10 POINTS Meet 12: 10 POINTS 40%: 10 POINTS• Meet 13 – 16: 5 POINTS Meet 13-17: 5 POINTS 30% - 39%: 5 POINTS• Less than 13: 0 POINTS 17 or less: 0 POINTS Less than 39%: 0 POINTS
Screens Subs Quality 1st Sub Shortlisted Hires Searches Views Response Rate
30 18 44% 11 16 0 137 628 23%
Reqs Niche Canceled Revoked Transferred Hold Hired Internally
14 10 0 1 0 4 0
Reqs Screens Subs Quality 1st Sub Shortlisted Searches Views Response Rate
15 40 28 50% 7 10 80 250 20%
Score Rating
33 Insufficient
New Score New Rating
78 Successful
What’s Next?
• Continue to analyze the data
• Listen to the team
• Surveys for Candidates not hired
• Talent Community
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