connectin singapore 2014: make better talent decisions with data and insights- nick carroll,...

Post on 22-Apr-2015

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Hiring and retaining the right talent has become increasingly important in today’s workforce. There is increasing pressure on managers to make the right decision which usually tough. In this session, LinkedIn data guru, Nick Carroll, will discuss how data can enable managers to make informed decisions more easily.

TRANSCRIPT

Make Better Talent Decisions with

Data and Insights

Nick Carroll

Senior Insights Analyst

LinkedIn

#connectinsg

Insights team mission

To create research & data-driven insights

to power the world’s most effective sales & marketing

Big Data

Implementation

If you can’t measure it, you can’t manage it

15% SE Asian acquisition leaders that believe their

organisation utilises data well when hiring

Self-serve analytics

Self-serve analytics

Self-serve analytics

Talent Brand Index

Reach

employee profile viewers

employee connections

Engagement

company page viewers

company followers

job views and applies

Engagement

Reach = 30%

46%

37% 35%

30%

25%

20%

0%

15%

30%

45%

Peer A Peer B Peer C Company X Peer D Peer E

0%

15%

30%

45%

Putting this into action

New hires made from Nov 2011 – Oct 2012. Based on a 12 month retention period.

Custom Analysis: Recruiter has significant impact on retention rate

0%

20%

40%

60%

80%

100%

New-hire Staff Retention Rate

Peerset Company X

Recruiter Impacted New Hires

Non-Recruiter Impacted New Hires

What factors are important when looking for a new job?

0% 10% 20% 30% 40%

A place I would be proud to work

Strong career path

Flexible Work Arrangements

Industry

Company X

Talent Pool Reports

Example talent pool report: Korean nationals

300M+ Members on

Linkedin

1.7M Members - Korean Nationals

OR

- Speak Korean

268k Members - 33-43 years old

32k Members - Members with profile or group

membership with relevant keywords*

*keywords are: Packaging, Labels, Materials, Tape, Adhesive, Pressure-sensitive material,

Durables, B2B, End-user engagement, Material science

Talent pool breakdown by geography

North America:

12,268 Asia:

14,790

Oceania:

1,053

South America:

215

Africa:

152

Europe:

3,463

Middle East:

293

Published Talent Pool Reports

What’s next for Insights?

Create economic opportunity for every member of the global

workforce

Our Vision

THE ECONOMIC GRAPH

The Economic Graph

Mapping every global connection between

Economic Graph: Australia talent migration

India Sri Lanka

China New Zealand

United Kingdom

members moved to

Australia to start a new

opportunity in 2013

57,000

1 Java Development

2 Software QA & User Testing

3 SAP ERP Systems

4 C/C++

5 .NET App Development

United States United

Kingdom

Canada Malaysia

Singapore

members moved from

Australia to start a new

opportunity in 2013

42,000

1 Drilling and Well Management

2 Computer Graphics & Animation

3 Social Media Marketing

4 Life Sciences

5 Perl/Python/Ruby

Simple profile updates can, in aggregate, speak volumes

about the global economy

STEM (science, technology, engineering, mathematics) talent migration 2013

Wrap up

Insights is helping companies make better talent decisions, easier

Scale for the 95%

Custom data analytics

Economic Graph

©2014 LinkedIn Corporation. All Rights Reserved. ©2014 LinkedIn Corporation. All Rights Reserved.

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