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HirePlug Keynote A sneak peek at Social Hiring Technology
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Real Problems Job Boards - Low/Average Quality Candidates, A pile of irrelevant Resumes. Social Networks - Quality Candidates but A lot of Manual Work, No guaranteed results High headunting costs Referral Hiring Program - Doesn’t really work, Less than 20% Referral Hiring rate!
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Cost of Bottom Performers? Lets demonstrate the business case for bottom performers at a 4,500+ employee call center in a major financial services firm Excerpted from 'Strategic Recruiting' presentation of Dr. John Sullivan. Feel free to request a copy - rajan(at)hireplug.com
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Comparing top ¼ performance… to the bottom ¼ Performance = % of positive customer impacts during calls Top ¼ employees + 61% Upper middle + 40% Lower middle + 27% Bottom ¼ - 2% (Including 3x higher customer attrition and 2x higher cost for each call) Performance differential between the top ¼… and the bottom ¼ = 60+ times Excerpted from 'Strategic Recruiting' presentation of Dr. John Sullivan. Feel free to request a copy - rajan(at)hireplug.com
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Now lets calculate the $ costs of low performers Cost of errors made by the bottom ¼ - $50 million Salary costs of bottom ¼ employees + $30 million Stay at home with pay decision value + $20 million What would AIG do? Source Gallup 2001 Excerpted from 'Strategic Recruiting' presentation of Dr. John Sullivan. Feel free to request a copy - rajan(at)hireplug.com
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Why Social Network Recruiting? The Many Benefits of Social Network Recruiting: Making a Compelling Business Case http://drjohnsullivan.com/articles-mainmenu-27/sourcing-mainmenu-29/246-the-many- benefits-of-social-network-recruiting-making-a-compelling-business-case Making your Employee Referral Program Work Smarter http://www.slideshare.net/beeshields/making-your-employee-referral-program-work- smarter
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Hireplug’s Solution Reach out to 'Quality' candidates on Social Networks who are not found on Job Boards. Spread Fast on Social Media using your employees’ Social Connections from 40+ Social Networks. Build 'Talent Pool' from your Facebook Fan Base and your Employee's Social Circles. Boost Referral Hiring rate with ‘Automated’ Referral Hiring campaign on Social Networks. Employee Referral tracking and candidate Source Tracking Automated and Effortless.
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Hireplug Basics Users - Recruiters, Employees (and Employees’ Friends) Applications - Hireplug.com, ‘We Are Hiring’ on Facebook Hireplug.com - Only for Recruiters - Post Jobs, Applicants ‘We Are Hiring’ - Recruiter, Employees (and Friends of the Employee) Invite Credits to Add Jobs on Employees Facebook Profiles & Job Credits
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Using Hireplug Hireplug.com - Creating Account, Profile, Company Profile, Posting Job. Installing ‘We Are Hiring’ on Facebook, Spreading jobs on Linked In, Facebook, Twitter, Hireshot Friends Employee Referral Tracking Applicant Tracking
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“We Are Hiring” App on Facebook Company Branded Job Board - Sits on Employees’ Facebook Profiles! Referral Bonus visible to your employee. Jobs Matching Employee Skills are Highlighted and displayed on the top. Employer’s Private Branding + LOGO - The Facebook Way! Ability to ‘Apply’ or ‘Express Interest’ - right from inside the Facebook
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“We Are Hiring” App on Facebook
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Add the App on Employees’ Facebook Profiles
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Benefits of Adding Jobs posted on Hireplug.com spreads on Employees Facebook Profiles automatically. Employees’ friends can directly Apply to your Jobs. Employees can spread jobs on 40+ Social Networks. Boost Employee Referral Rate Reach Quality Passive talent found on Social Networks Reduce Cost Per Hire and Improve 'Quality of Hire'
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Hireshot Friends Target 40+ Social Networks
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Viral Effect Your Employee can share your Jobs or HireShot Friends Your Employee’s friends can share jobs or Hireshot their friends!! Key to Viral - Exciting Job Description and Referral Hiring Email Campaign. We run the ‘Automated’ email campaign for you - sending emails to employees etc. Everything employee does Leads to - Company’s Private Job Board on FB
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Viral Effect - Marketing Messages Posted on Employees’ Wall - Automatically appears on his friends’ ‘News Feed’ on Facebook. Company is Hiring Messages! Join Company’s Talent Network. ‘Like’ Company Hireplug Automates Talent Engagement.
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Referral Tracking Employee can Send Messages, HireShots or Share the Job with Friends! All Employee Efforts are recorded and will be reported! Employee can be rewarded when his friend joins the Company - An Automated Email will be sent. Detailed Reporting is Available as per Employer needs!
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Applicant Tracking You can use existing ATS or use Hireplug’s Simplified ATS! Applicants from Facebook - Automatically enters the ATS. Basic Integration with Taleo exists - Deep Integration with Taleo In Progress. Your existing ATS will work - Need to provide ‘Apply_URL’ while posting the Job. Applicant will be directed to your existing ATS Apply Page.
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Basic ATS - Workflow Applied Under Review QualifyDisqualify Schedule Interview Joined
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Value of Social Hiring Social Network is an Asset - More the better! Real Social Relationships Leveraged Measurable Employee Efforts and Recruitment Sources Job Visitors Tracked - Connect with Real Passive Talent Measurable ROI - Measured as - Branding ROI + Hiring ROI More Employees Involvement = More Relationships = More Social Hiring Value
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Thank You Join “Social Hiring” group on LinkedIn. Connect with me on Facebook or LinkedIn - Rajan Chandi Follow us on Twitter - www.twitter.com/hireplug or www.twitter.com/rajan_chandiwww.twitter.com/hireplug www.twitter.com/rajan_chandi Get in touch with me - rajan(AT)hireplug.comrajan(AT)hireplug.com
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