Linkedin DDR Ebook Final
Linkedin DDR Ebook Final
Linkedin DDR Ebook Final
Recruiting
Find quality hires faster
with talent pool analytics
Why read this e-book Table of contents
Problem: Introduction What’s the big deal with data driven recruiting
In the age of social recruiting, there are massive amounts of data and Part 1 Three steps to being a strategic talent advisor
candidate profiles to wade through. Finding “the one” for your role
can feel like searching for a purple squirrel. Part 2 How to reasearch and refine your talent pool
2 out of 3
It’s the analysis and interpretation of talent pool data to find the best
people for your organization faster. In this e-book, we’ll arm you with
the analytical chops you need to:
• Ask the right questions about the roles you’re recruiting for;
• Look for talent pool data to answer those questions; and recruiters don’t have the tools necessary to understand
• Interpret that data to provide actionable recommendations to the market and talent pool they are recruiting from1
hiring managers.
1
LinkedIn Talent Solutions Survey, (Dec 2014).
5X
The best blackjack dealer at Caesar’s Palace in Las Vegas plays
Glen Cathey
his table over 5X longer than the average dealer on the Strip.
SVP, Talent Strategy and Innovation
Kforce
8X
The best sales associate at Nordstrom brings in over 8X more
revenue than the average sales associate at other department stores.
6X
The best transplant surgeon at a top medical clinic has a success
rate over 6X better than the average transplant surgeon.
2X
“The old fashioned fuddy-duddy HR department is changing.
The Geeks have arrived. Today, for the first time in the fifteen
years I’ve been an analyst, human resources departments are
getting serious about analytics. And I mean serious.” 2
Josh Bersin
Principal and Founder
Bersin by Deloitte
more likely to improve their recruiting efforts; and
3X
more likely to realize cost reductions and efficiency gains
1
Bersin by Deloitte, WhatWorks Brief: High-Impact Talent
Analytics - Building a World-Class HR Measurement and Analytics 2
Forbes, The Geeks Have Arrived in HR: People Analytics Is Here,
Function, (Oct 2013). (Feb 2015).
56%
“The recruiting organization that figures out how to extract
Over half of TA organizations that are reactive and tactical. the value of data will define the future of talent acquisition.”
Recruiters in these organizations act as order takers for hiring
managers instead of consultative partners.1
Brendan Browne
80% Senior Director of Global Talent Acquisition
LinkedIn
Most recruiters think they have a high to very high
understanding of the jobs they’re recruiting for.2
61%
82%
1
Bersin by Deloitte, WhatWorks Brief: High-Impact Talent 2
iCIMS and hire expectations institute, Strategies to Improve the
Analytics - Building a World-Class HR Measurement and Analytics Function, Recruiter and Hiring Manager Relationship, (Oct 2014).
(Oct 2013). 3
LinkedIn Talent Solutions Survey, (Dec 2014).
4X
Developing relationships with hiring managers is the #1 driver of
talent acquisition performance — 4X more influential than any other.
13%
of companies have a mature talent acquisition organization,
in which recruiters:
1. Act as true consultants to hiring managers
2. Understand trends in the labor market
3. Hold kick-off meetings and establish service-level agreements
with hiring managers
4. Use various sourcing tools to build talent pools and pipelines
5. Proactively pursue, engage, and convert qualified candidates
• This is what the talent market looks like for the role 1
[Present your research and Total Addressable Market based
Have an informational
on the basic qualifications]. Does this look right? What can
intake meeting with your
we tweak or deprioritize to get a larger pool of candidates?
hiring manager
• Based on the background of your current team, are you
trying to fill gaps or go after people with similar
2
backgrounds?
• Set expectations on timelines for finding passive candidates. Research and refine your
It’s typically a longer process than they might expect. target talent pool with data
• Tell them how often you will communicate progress.
• Get a commitment from the hiring manager that this is a 3
priority for them, and who on their team will be active
participants in the interview process, providing an excellent Have a follow-up
candidate experience. strategy meeting with
your hiring manager
Anne-Marie Ryan
Senior Recruiter
LinkedIn
Why: How:
Step
To clearly define the role you are recruiting for. During the meeting, ask questions so you fully
The initial intake meeting is critical to get right understand the role. Get examples of high
because the latter stages involve spending a lot performers in these roles now, that your hiring 1
of time researching candidates and nurturing manager would want to clone.
prospects in the talent pool you defined. Have an informational
Next step: intake meeting with your
hiring manager
Set up a follow-up meeting to discuss your talent
pool findings, tweak your sourcing strategy, and 2
agree on the execution plan.
Research and refine your
target talent pool with data
Have a follow-up
strategy meeting with
your hiring manager
Location
Job Function
Job Function
Accounting Creative
Seniority Level Years of experience
Senior Level Owner New College Grad 1-3 years
Industry
Current or past company - Including specific companies may limit use of additional filters
Why: How:
Step
• To provide your hiring manager with macro- • Identify the high performing individuals at your
level insights on the talent supply using data. organization the hiring manager would want to
• To set hiring manager expectations if their role clone. 1
requirements are too strict. • Create a search that includes them in the results
to understand the ideal skills, experiences, and Have an informational
education you should look for. intake meeting with your
• Refine this search with the criteria you defined hiring manager
with your hiring manager.
• Using an intake form as your guide, create an 2
overview of your target talent pool that you can
share with your hiring manager in your next Research and refine your
consultation. target talent pool with data
• Gather data on the broader talent market
using organization-based and exclusive Boolean 3
search strategies. We’ll dive deeper into how to
do this in the next chapter. Have a follow-up
strategy meeting with
Next step: your hiring manager
Why: How:
Step
• Get sign-off on the plan before you execute it • Share the quantified total addressable market,
• Educate, tweak role requirements, and agree and other views of your target talent pool you
on next steps. researched. 1
• Ask your hiring manager if the results show the
best people in the world for the role you’re Have an informational
trying to fill. intake meeting with your
• If the original request results in a tiny talent pool hiring manager
of people, it’s probably not a realistic request.
• Educate your hiring manager on your market 2
research, then work together to refine and
remove criteria that aren’t priorities and can Research and refine your
expand your target talent pool. target talent pool with data
• Repeat the saved search, discuss, and refine
again as needed. 3
• Set expectations! Remember that you are
entering into an agreement with your hiring Have a follow-up
manager. strategy meeting with
your hiring manager
Next step:
3 19 71 82 126
Brigitte Kearney
Staffing specialist
Qualcomm
of recruiters say they are of recruiters don’t use Yet 71% say they would if they
more efficient in their recruiting talent pool insights during were easily available, sharable,
efforts when they have a solid intake or kickoff meetings with and understandable.
understanding of the market hiring managers.
and talent pool they’re
recruiting from.
2nd
Before: After:
“Data isn’t new. Getting insight from it also isn’t new. But the
Step
amount of data we have access to now, combined with the
speed it comes at us means that the smartest recruiting
organizations are finding new ways to gather and analyze
1
data at speeds previously unthinkable. And they’re using that
data not only to make smarter recruiting decisions but to Search once
influence broader business strategy that determines talent and save
needs in the first place.”
2
Why: How:
Step
• Similar to a market sizing exercise to • Use your hiring manager’s job criteria to create
understand an overall revenue opportunity, a Boolean search string that captures all the
you want your hiring manager to understand ideal qualifications of the role you’re recruiting 1
the total addressable market of talent you are for.
going after. • Alternatively, create a search that will result in Search once
• If the total addressable market is too large or the top talent at your organization that you want and save
small, you can refine the job criteria so you have to clone. Then use exclusive search tactics to
a reasonably-sized talent pool to pursue. find similar talent outside your organization and 2
exclude the types of people you DON’T want
from your results. Interpret
• Quantify your total addressable market by the data
recording the total number of professionals that
fit all of your ideal criteria. 3
• Save your search results.
• Remove criteria that you think could be Save your searches
de-prioritized to see how your total and pipeline
addressable market expands.
• Create a slide that helps your hiring manager
visualize and quantify the total addressable
market for your ideal candidate vs candidates
with low-priority qualifications removed.
Brigitte Kearney
Staffing specialist
Qualcomm
In LinkedIn Recruiter, do a search then click on the search insights tool in the upper right hand corner.
Understand different aspects of your target talent pool - where they’ve worked before, where they currently work, a breakdown in years
of experience, a breakdown of years in their current experience, which schools they attended, what they studied, and where they live.
Why: How:
Step
Get different views of your talent pool to Dig into these suggested views of your talent pool.
understand where the largest pockets of Play around with the tool to see more interesting
candidates lie. cuts of the data. 1
Search once
and save
Interpret
the data
Why: How:
• Save time by searching once, then refining the same search string
• Get competitive intelligence on which companies have the largest and saving each subsequent search in LinkedIn Recruiter.
talent pools of people you’re interested in and prioritize recruiting • Find companies with the largest target talent pools.
from those companies. • Filters: Select your ideal qualifications (i.e. skills, years of
• By focusing on one organization at a time, you can understand experience, etc.)
that organization’s language for jobs and save yourself time. • Search Results:
• Move from: • Identify terms that are not a fit and start removing
these people.
Before: After: • These become the NOT keywords for your search
query (i.e. NOT intern, NOT CEO, etc).
Filter focused Company focused • Check if the list of results / people looks right.
• Once the results look right, save your search and sign
Inclusive searches (creating Exclusive searches (subtracting up to get alerts.
a Boolean string) criteria you don’t want, like title • Alerts tell you when an organize has promoted
= intern) someone, or when someone has left the organization
so you can keep tabs on your top talent.
• Go to search insights and click on companies to see
which companies (both current and past) have the largest
talent pools.
• Understand where you’ve previously recruited talent from.
• Select your organization under Current company.
• Look at the past companies section of search insights to
understand where you’ve recruited from in the past.
Why: How:
• Speed up your sourcing by prioritizing schools with the largest • Find schools with recent grads in your target talent pool.
talent pools of students and alumni that meet your criteria. • Re-run your saved Boolean search query with target criteria.
• Select <1 year or 1-2 years of experience.
• In the search insights section, click the “Education” tab.
• This is the recent graduates talent pool with your desired
skills and experiences.
Why: How:
If you work for a medium to large sized organization, there may be • Using company filters, select both current and past company as
internal talent that fits your qualifications and aren’t already working your own.
in the group you’re recruiting for. They may be slightly junior or the • Select ideal # years of experience you’re targeting.
same level as the role you’re trying to fill, and open to a promotion or • To find those who could be promoted, enter keywords of roles
lateral move. that are immediately junior to the one you are sourcing for.
• Identify potential lateral transfers by excluding people in the
junior role.
Chances are, your hiring manager will know qualified people • Communicate with your hiring manager that you will use LinkedIn
because of network effects. As the theory goes, birds of a feather Recruiter to target talent in his or her network.
flock together. • Connect with your hiring manager so you can see his/her
connections on LinkedIn.
• Navigate to your Hiring Manager’s profile in LinkedIn Recruiter.
• Click on connections.
• Source your hiring manager’s connections using the search string
you created.
• To visually summarize the talent pool that is in his/her network,
in search insights click on the Compare All tab.
• Recommend a messaging strategy for referral candidate outreach.
Craft a message for the hiring manager to use to reach out
directly to candidates.
Why: How:
Step
1. This will save you a tremendous amount of time 1. As you identify different talent pools, save your
and work in the long run. You’ll no longer need search query, save your filter sets as custom
to re-enter search criteria and filters each time filters, and save leads to your project / pipeline. 1
you look for candidates. 2. Add a note to leads referencing the name of
2. Help your teammates and manager track your the talent pool you’re sourcing for. Search once
progress and help you as needed. 3. Use notes to indicate which individuals you’ve and save
begun sourcing and outreach with.
2
Interpret
the data
1. Free LinkedIn talent pool reports on SlideShare: 2. Search Visualization tool in LinkedIn Recruiter.
lnkd.in/plan Contact us to learn more.
1. Which cities to target by understanding macro talent supply 1. Create an organization-based search for your target talent pool
AND demand data. a. Enter keywords for your role.
2. Which LinkedIn groups to target by seeing which groups are b. Under Current company, enter your target organization.
most popular. c. Filters: Select fixed requirements (i.e. Years of experience,
3. How to craft your InMail messages by understanding what your Location, etc.).
target talent pool values in a job.
2. Refine your search
a. Identify terms that are not a fit and begin removing
these terms.
b. These terms become the NOT keywords for your
search query.
c. Save search and Get alerts. Alerts will tell you when someone
is promoted or leaving.
1. Prioritize candidates that are most likely to respond and are the
best match for your organization. Step
Pipeline
proactively
Talent 1:Many
Marketing Brand
Sales Sourcing
Recruiting 1:1
Why: How:
Step
You’ll end up with hundreds and sometimes • Once you’ve agreed on the overall talent pool
even thousands of target candidates in your with your hiring manager, we recommend
talent pool. It’s important to prioritize your prioritizing the prospects with the highest 1
time with this list wisely. match and some affinity toward the
organization to maximize the likelihood Prioritize
of getting a response.
• Prioritize prospects who are the best match, 2
from the top half of your LinkedIn search
results. All of your search results meet your Research and
search requirements, but you can now take referral check
advantage of LinkedIn’s new search relevancy
enhancements that better prioritize those 3
results by taking into account signals of
interest and fit. Contact through
• Prioritize prospects with some affinity toward mutual connections
your organization by looking at the prospects
who are most connected to your employees, 4
are following your organization, have opted
into your talent community, etc. Pipeline
• Top priority talent should receive 1:1 InMail proactively
and referral attention.
• Second priority talent requires a 1:Many
strategy. Use LinkedIn’s Work With Us ads, an
email or InMail nurture campaign, etc. to reach
these segments.
High
Prioritize
Here!
Match
Contact through
mutual connections
Pipeline
proactively
Once you’ve advised the hiring manager and set expectations using Results of using the warm outreach method at LinkedIn:
talent pool data, it’s time to prioritize, research, and reach out!
85%
Instead of cold calling, try reaching out to your prospects through a
second degree connection like an employee. Why? The results speak Average InMail response rates
for themselves. when 1st degree employees reached out
28%
Bob Spoer
Former Talent Market Strategist -
Engineering, LinkedIn.
Currently Chief Entrepreneur for People/
Search/Partnerships, Ashoka.
Why: How:
Step
• There’s no reason to reach out cold in a • After making sure you have the right people
connected world where you have LinkedIn! in the talent pool by validating with your hiring
• By reaching out to passive candidates manager and gathering additional referral data 1
through a warm contact or after sharing a from employees, it’s time to start reaching out.
warm contact’s recommendations with passive • Build a relationship with the prospect and use Prioritize
candidates in an InMail, you can make the the data gathered in the research phase to
most of the trusted relationship between figure out the best way to approach the 2
the prospect and the mutual connection. individual. The recruiter is responsible for
• Your goal with passive candidate sourcing developing the outreach strategy and Research and
should be for the person to have a career facilitating the process. Ideally, the outreach referral check
conversation with the hiring manager, will be done by the employee or mutual
even if the candidate isn’t 100% sure connection that has the deepest connection 3
he/she is interested. to the individual to increase the chances of a
response. Contact through
• The recruiter should figure out the best way to mutual connections
contact the prospect
• First choice – Most connected employee 4
• 2nd choice – Hiring Manager
• 3rd choice – Recruiter Pipeline
• If the prospect isn’t responsive: proactively
• Understand whether the outreach was
specific enough.
• Maybe they aren’t interested in having a
career discussion.
Pipeline candidates
proactively
Why: How:
Step
• By proactively pipelining for high priority roles • Proactive pipelining comes down to the
instead of reacting to every new job posting, processes and tracking of individual recruiters.
organizations can monitor and increase the • Once these statuses are added, recruiters and 1
speed and effectiveness of their recruiting recruiting leaders can then see where in the
teams. funnel their prospects fall and track speed Prioritize
• By transitioning from reactive recruiting to and progress.
• proactive pipelining, recruiters can free up their 2
time for strategic conversations with hiring
managers about the desired future skills Research and
make-up of their teams. referral check
Contact through
mutual connections
Pipeline
proactively
Peter Drucker
1 Your business’ key objective Management consultant,
educator, and author.
1
Flickr Creative Commons Isaac Mao
Entry into new location, product, or service # hires, time to accept, brand awareness & engagement
Business or talent competition, diversity # hires, time to accept, brand awareness & engagement
Jennifer Hill
Lead Recruiter
Main Street Hub
LinkedIn Talent Connect SF, Recruiting Metrics That Really Work For You,
(Oct 2014).
Lou Adler
CEO
The Adler Group
Lou Adler, LinkedIn Talent Blog, The 6 Recruiting Metrics That Really
Matter, (Feb 2015).
Business Problem:
Recruiting Problem:
LinkedIn is the world’s largest professional network. It’s a social We wanted to move from:
media and technology company that requires top notch engineers
to build nimble and innovative products. To stay competitive, it also Traditional Recruiting Talent Market Strategist
needs top B2B salespeople and sales leaders to sell its SaaS strategically and proactively
solutions to marketing, human resources, and sales functions. pipelining for key roles
18+
• Step up conversations with hiring managers and the business
• What the Talent Market Strategist does hires made
• Creates a proactive “Total Addressable Market” strategy that
in Engineering
prioritizes top candidates based on quality and likelihood of
joining LinkedIn
• Researches highest priority candidates by talking to
employees connected to them
1 55
• Uses this research to craft a tailored 1:1 outreach approach
• Nurtures prospects from awareness to interest to becoming
hire made prospects now
an employee in Sales, with at the interview
• The timeline and process: This approach to sourcing was born stage
in September 2013 and launched in Q4 2014. We piloted the
approach in both Sales and Engineering in Q1 and Q2 of 2014.
500+
Over the past year we have experimented and figured out what
works really well and what can be improved upon. This trial has sources of employee
provided us with lots of data on how we can and should nurture reference checks
pools of talent moving forward. gathered
85%
InMail response rates
to warm introductions
Intermountain Health
Care increases retention by
improving new hire screening
About:
Problem:
•
Intermountain’s HR analytics team formed a cross-disciplinary
team with members from the organizational effectiveness, In year one,
recruiting, and finance teams. They resolved to decrease first-year
•
turnover among PRN new hires by 12 percent.
To improve the recruiting process, the team selected and
Intermountain Healthcare
analyzed four metrics: 1) pre-screening scores for candidates sent
to hiring managers for review; 2) the percent of those candidates
was able to shrink first-year
actually interviewed; 3) the percent of interviewed candidates
who become five-star quality hires; and 4) the 90-day retention PRN turnover
rate for these candidates. They monitored these on a dashboard.
•
After analyzing, the team decided to refine the screening
questions to more accurately represent the role of a PRN at
from 41% to just 14%.
Intermountain and to filter out less-qualified candidates.
•
Most importantly, the team created new tools for managers and
employees to manage their schedules via mobile devices since
41%
employee feedback revealed that scheduling challenges were the 14%
number one cause of turnover.
Have an initial intake meeting with your hiring manager Prioritize candidates that are most likely to respond
Research and refine your target talent pool with data and are the best match for your company
Have a follow-up strategy meeting with your hiring Research high potential candidates through referrals
manager Warm contact candidates by reaching out through
2nd or 3rd degree connections
Research and refine Pipeline proactively to track your nurture process and
your target talent pool using data collaborate with your team
Learn more about Free LinkedIn talent 3 Principles for The 6 Recruiting Metrics
our search insights tool pool reports Data Driven Recruiting That Really Matter
A 7 Step Plan for Measuring 5 Ways You Can Use Data Do Your Metrics
and Improving Quality of Hire to Recruit More Efficiently Even Matter?