The Quest to Quantify: Measuring the impact of you talent brand презентация

Содержание

To develop a complete mind: Study the science of art; Study the art of science. Learn how to see. Realize that everything connects to everything else.

Слайд 1The Quest to Quantify: Measuring the impact of you talent brand


Слайд 2
To develop a complete mind:
Study the science of art;
Study the art

of science.
Learn how to see.
Realize that everything connects to everything else.

Слайд 3We know that Talent Brand is important
Source: LinkedIn Global Recruiting Trends

Report, Nov 2014

Слайд 4Candidates tell us it’s important
Source: LinkedIn Talent Trends Report, March 2014


Reputation as a “great place to work”

Reputation for “great products / services”

Reputation for
“great people”

Reputation for
“being prestigious”

56%


Слайд 5But how do you prove your talent brand is important?


Слайд 6Learn the language
Find your partners
Measure what matters
Beware of pitfalls
Get started
5 Steps

to measure your talent brand

Слайд 7Learn the Language
Step One


Слайд 8
Employer Brand n.

How you, the employer, promote your company as

a place to work


Слайд 9
Talent Brand n.

the highly social, totally public version of your

employer brand incorporating what talent thinks, feels, and shares about your company as a place to work

a significant asset for both hiring/retaining great talent and promoting your corporate image to the market


Слайд 1050% of professionals around the world discover new job opportunities through word

of mouth

Слайд 12Find Your Partners
Step Two


Слайд 13Company brand and talent brand are two sides of the same

coin.

Слайд 14LinkedIn Talent Brand Index
Lippincott Customer BrandView Index
36%
28%
-6%
10%
High
Low
High
Low

Cumulative Growth in Shareholder Value

over 5 years:

Слайд 16Measure what Matters
Step Three


Слайд 17However beautiful the strategy, you should occasionally look at the results.
Winston

Churchill

Слайд 18Know the goal:






Attract
Engage
Pipeline


Слайд 196.3 million


Слайд 20Reputation aside, you should know what those open roles are costing

your company

What’s your cost of vacancy?

Average Daily Revenue per Lost Employee =



Daily Revenue Lost =



Daily Revenue Lost =


(Total Annual Revenue ÷ # of employees)
250 working days per year

Position’s salary
250 working days

Simple Salary
Multiplier

X

Total Annual Revenue Generated by Position
250 working days


Слайд 214 simple metrics


Слайд 22Metric 1
Social Media Follower Quality
Know who your followers are:

Function
Seniority
Industry
Company size

Adapt your

talent brand strategy for different audiences


Слайд 23Track targeted follower change as part of overall follower growth
Tips for

visualizing your success

Слайд 24Plot campaigns against key success metrics to see correlation
Tips for visualizing

your success

Слайд 25
Metric 2
Talent Response Rate
If you’ve effectively built awareness, you should expect

a higher response rate among priority talent pools.

Company page followers are
81%
more likely to respond to an inMail


Слайд 26Global e-commerce company has huge uptick in response rate from engaged

talent

Слайд 27Tips for visualizing your success
Track response rate over time to see

trends

As your talent brand strengthens, you should see an increasing response rate from targeted talent pools

13% or below → evaluate your inMail strategy


Слайд 28Metric 3
Applicant quality
Who are the quality candidates for you?

Subjective → What

does it mean to your company?

Good fit for the company

Good fit for the role

Слайд 29Stack quality vs. non-quality candidates on a chart
Tips for visualizing your

success

Слайд 30Metric 4
Time to hire
Your talent branding activities should build a strong

pipeline and start more conversations with qualified talent, thereby lowering your time to hire.


Company with a strong talent brand on LinkedIn report a
20%
Faster rate of hire


Слайд 31Tips for visualizing your success
Track time to hire as a whole,

or for specific roles

Time to hire for engineering roles

Time to hire for engineering vs. all roles


Слайд 32Bonus Metric
New hire alignment
Monitor the authenticity of your talent brand with

a new hire alignment check

Слайд 33Survey new hires
Did their expectations match reality?
Has your experience working here

matched your expectations?
Scale: 0 (not at all) – 5 (highly matched)

“Please explain why you selected that choice” so you can gain additional insights.

Send 90 days after start
Ensure anonymity for honest answers
Tools like Google Forms or SurveyMonkey are free and easy


Слайд 34Graph alignment over time, preferably by function
Tips for visualizing success


Слайд 35Seeing poor alignment?
Tips on how to adjust
You’re not sharing enough

Need to

course-correct

“You have to embrace who you are, in all its hideousness or all its glory. Because that’s who you want to attract—talent with that shared passion and shared ideology.”
Ed Nathanson - Founder
Red Pill Talent


Слайд 36Step 4 Beware of pitfalls



#1: Forgetting that branding is both a science

and an art

#2: Measuring for the sake of measuring

#3: Analysis paralysis


Слайд 37Step 5
Get Started
Identify a new partner

Pick a new metric to incorporate

into your talent brand measurements

Start tracking and adjust as needed

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