The
Recruiting Process
The
thing to remember through all this is that when people talk
about competing for talent in the U.S. today, there is one
word that comes up very frequently, which is War. It is a
war for talent. Military analogies proliferate. The stakes
are enormous, and entire careers and lifetimes of work can
be exponentially augmented or wiped out based on strategic
decisions that are made and hiring goals that are achieved
or missed. And the tactics can run from the extreme to the
ruthless although, in all cases presented here, are ethical
and fair business practices. The bottom line question is do
they work? They do. So, I present the following in the spirit
of sharing information. Will these strategies and tactics
work here? I think most will. How comfortable and capable
you are in making them part of your company's repertoire is
up to you.
The
recruiting process really breaks out into 5 separate sub-processes,
that at times merge with or enhance each other. But they each
represent different functions, which is why I present them
as such. The process is: Attract, Qualify, Pitch, Train, Retain.
Power
of Attraction
Much
emphasis has been placed on this, understandably so. Pre-information
age, all you had to do was attract enough people and SOMEONE
would take the job.
As
you are all aware, the Internet job boards such as CareerMosaic,
Headhunter, Monster, HotJobs and thousands others, have created
a breakthrough in this process. A recent report by Goldman
Sachs shows that in the U.S. a classified ad running for 30
days in a major newspaper runs about $3295, while a 30 day
posting on a major job board runs about $167. Even more importantly,
the Employment Management Association revealed that the actual
cost per hire using conventional media such as newspaper ads
and job fairs was $3000 while cost for an online hire was
around $700. As we noted earlier, however, the ease that the
internet affords to applicants has created a chronic problem
of resume overload in recruiters mailboxes.
One
response that has evolved in the U.S. is the creation of the
e-Sourcing Professional. This is an individual, often a recruiter,
whose job is to solely source the Internet and evaluate all
the responses coming in for the entire company, so that only
those most choice selections are passed on to the actual recruiters,
who then go to work on getting the person to consider a job
with the company. By centralizing this function, you optimize
and let everyone do what they do best.
One
company that is using this approach effectively is MicronPC.
Their e-sourcing director is able to screen the online responses
so that within one week, they made 54 offers to technical
candidates and got 52 acceptances. The recruiters themselves
did not deal with the front end sourcing from the net; they
only dealt with contacting and persuading the candidates.
Beyond
the job boards themselves, we have seen the emergence of some
tools that aim to consolidate searching multiple databases
into one action. One such program is a package called Resume
Scout, offered by Careerpath.com. This allows a company to
search all the databases that it is subscribed to at one time.
Monster.com, one of the larger databases, has come out against
this service, issuing a cease and desist order, claiming that
its method undermines the value of their offering. This is
currently an issue being debated both in the press and in
the courts right now.
Probably
the most significant development in the Attraction area is
the growing emphasis that companies are putting on their own
corporate recruitment web sites. This is a big reflection
of your commitment to "HR as Your Second Business".
For example, when you give out a link to your website in a
job posting, ad or mail piece, does it go to your main corporate
home page, or to your recruitment home page? Great efforts
are now being made to make these portions of corporation's
sites as professional, powerful and engaging as the main site.
The goal of these sites is to capture both those candidates
who are consciously pursuing a job with the company (active
candidates) as well as those who may not yet be, but are favorably
inclined toward the company and may be interested in a job
at a later date (passive candidates).
Another
technique that is gaining in popularity are online contests
that challenge professionals (i.e. techies) in their prowess
in a skill area, and offers them cash or prizes as awards
for the best. The prospect of working for the sponsoring company
is mentioned in passing, in such a way that the candidate
hardly notices he is agreeing to allow himself to be contacted.
In
all, online recruiting is as strong as ever. Last year 10%
of all newly hired people found their jobs on the Net. At
companies such as Microsoft, Sun and Unisys, the Net lags
behind only employee referral programs as the most effective
recruiting medium. 48% of corporate recruiters posted their
job opportunities to the web last year. And job seekers -
even execs - are fully in the game. 62 percent of aspiring
senior managers say they'll use the Internet to search for
their next job. The benefits are there to the company that
makes the Web part of their mission and that commits the resources
to effectively handle the volume of response that it generates.
Other
extreme measures that might sound crazy but are actually working
include:
Moving billboards.
Zero-Knowledge, a Montreal software company needed to achieve
hyper fast growth at one of its offices. So, it hired a mobile
billboard that read "Do you want to be a part of Internet
history?" and drove it past the offices of high-tech
companies like Nortel Networks and Discreet Logic. The stunt
netted 500 resumes, half of them from the targeted companies.
Employee
Referrals. Some companies use this as a casual technique,
but reports are that this should be moved to center stage
as a key tactic. Whether promoted by the company or not, it
is one of the most highly effective forms of recruiting, percentage-wise,
in terms of how people are referred to new jobs. Docent, a
California based e-learning company started its program by
rewarding employees with a $2500 bounty on all hires they
refer. It worked so well that they raised the number to $5000
the next year, and added a grand prize, a Ford Explorer that
is raffled to all who successfully referred one new hire.
Despite the cost of the incentives, Docent estimates that
it has saved more than $500,000 in recruiting costs.
Prisoners.
At 2.2%, the state of Iowa has the lowest unemployment rate
in the nation. This includes every type of worker, not just
IT. Rock Communications, a printer with large orders to fill
and no workers available, made a deal with the local prison
to train non-violent offenders into a temp work force that
has turned out to be a win-win deal for all involved. Rock
is filling its orders and the prisoners are learning skills
that give them a better chance of joining society and having
a real job upon release.
Sponsoring Booths
at Rock Concerts. Nortel Networks made it a point to have
a recruiting booth at every Jimmy Buffet concert they could
get to. Why? Jimmy Buffet came up as a favored musician among
the engineers that they have working at the company, the result
of deep missionary research into what makes their target audience
tick.
Archives
Top