top 3 pain points shared by staffing execs this quarter
TRANSCRIPT
Top 3 Pain Points Shared by Staffing Execs this Quarter - and Tips to Overcome Starting NOW
Leslie Vickrey, Founder & CEOLeah McKelvey, Sr. Director, Sales & Partnerships
September 29, 2015
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WHAT’S YOUR THRESHOLD FOR PAIN?
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AGENDA
• Survey results: 3 main areas to discuss today• Benchmarking your pain points • Candidate sources• Investment areas
• So what? Making this data actionable • Ideas to implement now
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Take notes if you’d like … but we’ll also make the presentation available.
SHARE YOUR INSIGHTS ON THIS PRESENTATION VIA TWITTER.Tag: @clearedgemktg OR @TechServe_Assoc
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KNOW YOUR SOURCES
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
• 55 respondents• Collected July/Aug
2015
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QUIZ QUESTION #1 What’s your top pain point from the list provided?
A. Internal hiringB. Sourcing candidatesC. Ramp-up time for new sales reps and
recruitersD. Account penetration E. Sales growth with net new accounts
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WHAT ARE YOUR TOP 3 PAIN POINTS?
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
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AND THE #1 PAIN POINT CITED MOST OFTEN WAS…
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
Sourcing candidates 33%Internal hiring 24%Sales Growth/Net new accounts 20%Account penetration 16%Ramp up time 7%
90% tech staffing firms surveyed said they could grow 10 to 30% more if they could find more AEs and recruiters
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WHAT DID WE MISS? WRITE-IN CANDIDATES
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
“Clients don't realize there is a shortage of
talent.”
“Clients are taking a long time to make the decision
to move forward on projects.”
#1 Write-In: Client delays/misunderstanding the market
“Clients not moving the process quickly...it's a
candidate driven market currently and
they usually have other options to consider...”
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GROWTH MEANS MORE INTERNAL HIRING HEADACHES
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
Small: <30 employees#1 Sales Growth 70%#2 Sourcing candidates 64%#3 Account Penetration 55%
Mid: 31-100 employees #1 Sales Growth 60%#2 Account Penetration 53%#3 Internal Hiring 47%
Large: 100+ employees#1 Internal Hiring 57%#2 Account Penetration 43%#3 Sourcing candidates 43%
SALES
SALES
HIRING
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SO WHAT? MAKE THIS DATA ACTIONABLE
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
Copyright 2015, ClearEdge Marketing. Confidential Information. Not For External Use or Distribution.
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DO YOU HAVE A WARM TALENT PIPELINE?
• “Capital isn't the constraint—it's hiring.”– Rishi Shah, CEO of ContextMedia
• ABR. “Set the example by tasking your leadership team with making their list of dream hires and engaging with them at least once a quarter.”– Tom Nunn, Industry Consultant
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CREATE A UNIQUE OPPORTUNITY FOR SALES OUTREACH
• Then hold your team accountable!
• How can you add value?– Seminar with partners – Executive roundtable so
clients can learn from each other
– Sharing benchmarking or industry trends within a report
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
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QUIZ QUESTION #2
What’s your top candidate source?
A. ReferralsB. Job boardsC. LinkedInD. Passive sourcingE. My own website
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TOP 2 CANDIDATE SOURCES IDENTIFIED
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
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CANDIDATE SOURCES DIFFER BY COMPANY SIZE
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
What are your top 2 candidate sources? Small Med LargeLinkedIn 64% 53% 14%Referrals 61% 53% 71%Job boards 61% 47% 71%Passive sourcing 12% 20% 0%Social media 3% 0% 14%
My own website (NOT including LinkedIn, CareerBuilder, Monster, Indeed, SimplyHired, DICE, etc.)
0%20% 28%
Online review sites (Glassdoor, Yelp, etc.) 0% 0% 0%
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WHAT OTHERS SAY ABOUT YOU MATTERS
Source: Inavero & CareerBuilder:
Opportunities in Staffing
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IS YOUR REFERRAL PROGRAM GETTING ANY LOVE?
• If you don’t have a referral program, consider launching one • If you do, PROMOTE it beyond your website (regular outreach
emails, signature of emails, social media, recruiter talk tracks, etc.)
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
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REVIEW SITES: KNOW WHERE YOU STAND & CREATE A PLAN• Decide how you want to engage and build into your processes
– Ex: paid opportunities vs. more organic on Glassdoor– Do you encourage people to share their experiences on Glassdoor or
Indeed?
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
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QUIZ QUESTION #3
What is your most significant annual investment of those listed?
A. ATSB. Job boardsC. LinkedInD. Incentives (Sales &
Recruiters)E. T&E
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WHERE ARE YOU INVESTING?
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
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INVESTMENTS BY COMPANY SIZE
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
Small <30 employees#1 Applicant tracking 58%#2 LinkedIn 39%
Mid 31-100 employees #1 Applicant tracking 80%#2 Job boards/aggregators 53%
Large 100+ employees#1 Applicant tracking 100%#2 Incentives (for internal sales and recruiting team) 43%
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SEGMENT YOUR ATS DATA
• First step of most marketing: identify your audience
• How can you segment your ATS data for marketing?
• Examples:– Placed: Candidates placed on assignment in the last 30 days, 90 days,
etc.– Interviews: Candidates that you’ve interviewed but not placed– Activity: Any candidates with no activity in the last year, 3 years, etc.
• Do you truly know the functionality within your ATS?
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
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LAUNCH A RE-ENGAGEMENT CAMPAIGN
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
• Less than half of placed talent receive contact prior to the end of their assignment
• 41% increase in NPS if someone contacts the candidates before the end of the assignment
Source: Inavero & CareerBuilder:
Opportunities in Staffing
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LAUNCH A REHIRE CAMPAIGN TO YOUR TARGET AUDIENCE
• Pilot a rehire campaign– Segment your ATS data to determine who has been placed in the last 60 days
and when their contracts are set to end – Identify a series of emails and live touch points to send during the time frame
you set• Onboarding• Satisfaction • Resources/events • Referrals
• Monitor results and determine how to scale!– What can be automated through the ATS?
Questions? Insights? Share on Twitter by tagging @clearedgemktg.
TO DO: Call Michelle on her first day!
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3 TAKEAWAYS YOU CAN DO NOW
1. Ask your leadership team for their list of top sales recruits - and plan to engage them
2. Review your referral program and create a plan to proactive promote more
3. Segment the data into your ATS and launch a rehire campaign
28FOCUS.
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TechServe Annual Conference
November 12-14LaQuinta ResortPalm Springs, CA
#TSAConf15
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Contact us with any questions or to discuss ideas for alleviating your pain points in 2016.
Leslie VickreyCEO & Founder
[email protected]: @lvickrey
Leah McKelveySr. Director, Sales & Partnerships
[email protected]: @lmckelvey