Talent Pipelines: Approach Pays Off

TALENT PIPELINES Approach Pays Off The trouble with talent pipelines is many Hiring Managers and Recruiters define them differently, resulting in confusion, frustration and missed opportunities. Talent Pipelines in the eyes of a.. HING MA GER HIRING MANAGER Based on candidates' active interest in organlzation 2 Candidates relevant when needed Relies heavily on candidates' current skill set Maintained and revisited on a need-to-hire basis Screens as many candidates as fits current or near-future need VS RECRUITER REC TER Identifies the right talent early by developing & building an ongoing relationship Creates options for future opportunities and stays ahead of the demand Based on candidates' overall qualifications, assets in their field Reduces time to fill, disruptions from vacancies Increases diversity, quality of hire Potential Leaks in Your Pipeline Process CONSTRUCTION AND PIPELINE MAINTENANCE 24 AN UNCLEAR POSITION CAN RESULT IN A FULL PIPELINE OF THE WRONG PEOPLE - UNCLEAR POSITION DISCONNECT BETWEEN HIRING MANAGERS AND RECRUITERS & PERFORMANCE OBJECTIVES COSTING TIME & MONEY According to the Labor Department, it costs on average one-third of a new hire's annual salary to replace him or her All people involved in the hiring process must have full commitment in order to produce the best results MAPPING OF THE WRONG TALENT 50% 67%, OF CANDIDATES FEWER THAN OF CANDIDATES CAN BE FOUND ONLINE INACTIVE THINK ABOUT THE JOB SEARCH SIX MONTHS PRIOR TO ACTIVELY SEARCHING DIALOGUE The ICM research showed that approximately only one third of social profiles were up-to-date, with the remainder being out of date or not used, resulting in inaccurate talent These results convey exactly how important the candidate relationship management [CRM] is to the overall recruitment process in order to keep your pipeline of talent engaged and interested in opportunities with your company. in -CareerBuilder's 2012 Candidate Behavior Study TOO MUCH FOCUS ON HIRING INTERNALLY STAY TOP OF MIND Only 55% of Managerial Vacancies are Filled Internally Only 61% at Frontline Management Level are Filled Internally Just 50% at Senior Management Level are Filled Internally Send in the PROFESSIONAL X THE RIGHT TOOLS FOR AN EFFECTIVE PIPELINE PLAN FILL MEASURE MAINTAIN Know what roles are on the horizon within your organization and fully understand the position prior to engagement with candidates. Utilize internal & external resources that uncover the entire talent population in order to fully develop your pipeline with a diversified range of Il candidates. Frequently engage conversation and pipeline to determine interaction with || candidates within your pipeline to avoid Il right time ,for the right| | any LEAKS of top talent resulting from disinterest. Identify the strong points within your | how to obtain the right person, at the reasons. || Hire Better Talent O Qualigence" Qualigence International is the largest Recruitment Reasearch firm in the U.S. www.qualigence.com INTERNATIONAL