77
Sourcing Lab 11:15 am - 12:15pm Chris Havrilla Sr. Director, Recruitment Technology & Analytics Jon Bryant Co-Founder & Chief Strategy Officer

Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Embed Size (px)

Citation preview

Page 1: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Sourcing Lab11:15 am - 12:15pm

Chris HavrillaSr. Director, Recruitment Technology & Analytics

Jon BryantCo-Founder & Chief Strategy Officer

Page 2: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Engaging Top Talent(Improving Outreach, Response Rates, & Engagement)

Page 3: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Based on the presentations and hallway conversations… the battlefield in the war for talent is shifting

And we have reached a tipping point.

Page 4: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

What we’ll cover today…

• Why small is the new big in the initial candidate experience

• Why top candidates ignore your outreach• Do you really want to reach to all of those candidate• Specific tools and techniques designed to increase

response rates• The dramatic increase in productivity that comes from

improving your outreach, response rates & engagement

Page 5: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Historically our industry has

focused on sourcing tools,

techniques, and channels to

find MORE and MORE

candidates

Page 6: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

FINDING

more candidates

that we would like to talk with

is no longer our greatest

sourcing challenge

Page 7: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

The metric that really matters

is not the BIG number of people we find who

we would like to talk with…

Page 8: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

The important number is

The smaller group of top candidates that

are willing to talk with us

Page 9: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

When you think about it, it is actually useless

to FIND or ATTRACTtalent unless you can

ENGAGE them

Page 10: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

SMALLis the new

BIG

Improvements in our engagement and response rates can significantly•improve submit to offer ratios

•reduce time-to-fill•lower cost-per-hire

•improve quality-of-hire

Page 11: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Today, we’ll talk about

How to cut through the clutter to gain the attention

of top talent in order to ENGAGE

in a career discussion

Page 12: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

• Attention has become a scarce resource• Often, 75-90% of emails, voice mails, and

InMails receive no reply.

Page 13: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

• 20% responded to the InMails• 80% ignored the InMails

Page 14: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects
Page 15: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

The most common phrase entered into a candidate

CRM or Tracking spreadsheet…

Page 16: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

“Left message, no response”

Page 17: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

I don’t believe there is a

Shortage of Talent

Page 18: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

I believe there is a

Shortage of ENGAGED Talent

Page 19: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

“”ENGAGED TALENT”

People who will respond to our outreach and enter into a career

discussion

Page 20: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

• Gain Attention• Earn Trust• Build Relationships• Grow Sustainable Talent

Pipelines

Competitive advantage comes from creating a remarkable

Initial Candidate Experience

Page 21: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

The question we

will work on today is…

Page 22: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

How can you improve the Initial Candidate Experience in order to

double,triple, or

quadruplethe number of top candidates who engage

Page 23: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

But first,

Why do candidates

ignore recruiters?

Page 27: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Too often,

We treat “relationships” with

candidates like

a Kodak Disposable Camera

Page 28: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Good for one-time use

then…

Page 29: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects
Page 30: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

We just reach out when they can help

us.

We don’t nurture relation-

ships with candidates

Too often (recruiters)…

Page 31: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

In effect,

we push the rock up the hillfor each search

Page 32: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects
Page 33: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Our message does not stand

out

Page 34: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Our message does not stand

out

Be REMARKABLE

Page 35: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Seth Godin

Page 36: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Author of 12 Best Sellers

Page 37: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Author of 12 Best Sellers

Page 38: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects
Page 39: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

A PURPLE COW is remarkable

Page 40: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

If indeed,

Page 41: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

How do we go from the

BIG number of people who we find in our search…

To the smaller number of people who we should really

pursue

Page 42: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

FIRST You must own

who you are as an organization• Environment

• Culture• Values

• Structure

Page 43: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

…AND

You must own the profile

who you need and WHY

what will appeal to right

person and WHY

Page 44: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

…BECAUSE

You must understand fit

To understand who to engage

To understand how to engage

Work SMART not hard

Page 45: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

OK, so how can you improve response & engagement?

1) Think like a marketer2) Systematic campaigns3) Innovative outreach

Page 46: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

OK, so how can you improve response & engagement?

1) Think like a marketer2) Systematic campaigns3) Innovative outreach

Page 47: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Let’s start with Email Subject Lines

Think like a marketer

Page 48: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

“The most important genre of writing to masteris the email subject line.”

Brad Berens – Executive Editor iMEDIACONNECTIONS

Page 49: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

How long does it take you to review a resume

and determine YES/NO/MAYBE?

Page 50: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

Page 51: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

With email,Keep/Delete decisions

are made in split-seconds

Page 52: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

“The first day you test different subject lines and see the results,

you’ll never be complacent again.”

“When you see how much moneyyou have left on the table, you’ll

start to take subject lines seriously.”

Nick Usborne author of “Net Words”

Page 53: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

Opportunities

Page 54: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

Page 55: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

Page 56: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

Subject line rules of thumb…

1) Be unique2) Focus on the reader3) Be concise. No more than

50-55 characters.4) Include a number5) Immediate benefit6) Ask a question7) Use “you” or “your”

Page 57: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

My top subject line is…

“You have an impressive background”

Page 58: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

Email Content

Page 59: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

Email Content

1) Short and concise2) Front load – put most

important information at the beginning

3) Have a call to action4) Include your full signature in

every email (Re: and Fw:)5) Use upper & lower case for

your “From” name

Page 60: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

When should you send email for best

results

Page 61: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Think like a marketer

When to send for best results*…

• Stay away from early mornings•Avoid Mon, Tues following a long

weekend, and late in the day before a holiday•Pay attention to time zones.•Think about when you receive

most emails (avoid those times)

(*balance against urgency)

Page 62: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

OK, so how can you improve response & engagement?

1) Think like a marketer2) Systematic campaigns3) Innovative outreach

Page 63: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

3 Steps for Systematic Campaigns…

1) Determine your sweet spot2) Map the Talent

Marketplace (continuous process)

3) Develop relationships through consistent planned touchpoints

Systematic campaigns

Page 64: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Systematic campaigns

Page 65: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Systematic campaigns

Develop relationships through consistent touch points…

Email Marketing

Page 66: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

OK, so how can you improve response & engagement?

1) Think like a marketer2) Systematic campaigns3) Innovative outreach

Page 67: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Traditional email and voice mail are easily

dismissed

Innovative outreach

Page 68: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

You have to find a way to cut through the

clutter to be seen or heard

Innovative outreach

Page 69: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Innovative outreach

Your outreach must be REMARKABLE

Page 70: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

http://www.insideconnector.com/01b52e54/TonyLarsen

Page 71: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Hello Scott,

I am part of the recruiting team at HP and am impressed by your professional background. I’m eager to talk when you have a moment.

Warm regards,

Jon BryantHewlett-Packard770-889-4844 (direct)404-313-5791 (mobile)[email protected]

Page 72: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Innovative outreach

Page 73: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Innovative outreach

Page 74: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Innovative outreach

Method Sent Opened %

Email 12,124 1,163 9.59%

InMail 28,885 4,564 15.80%

Video messaging 5,824 2,409 41.36%

Based on 2013 numbers, video messaging led to conversations with :

• Over 4 times as many candidates as email (IC has > 300% improvement

over email)

• Over 2.6 times as many candidates as InMail (IC has nearly 200%

improvement over InMail)

Comparison of candidate engagement methods for Q1-Q3 2013

Page 75: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Innovative outreach

• Wow - this is absolutely the coolest recruiter call I've ever gotten!M. Stone

• I must say was the most unique way I have ever been contacted about a potential position. B. Ledbetter

• Holy cow this is impressive – never seen anything like this. Let’s talk.R. Dye

Page 76: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Innovative outreach

• Thanks for your email about the opportunity. In a world where recruiters send you a couple of lines in an email and ask about your interest in taking up a position, your approach is pretty refreshing.B. Murali

• Thanks very much for your time and efforts on the web page presentation. If you were a football recruiter, I'd be signing my letter of intent right now!R. Schev

Page 77: Finding Top Talent is Only Half the Battle… Tips and Tricks to Effectively Engage Prospects

Initial Candidate Experience:(Improving Outreach, Response Rates, & Engagement)