Best_Sourcing_Practices - Final
- 1. For more info contact us: US (800) 530-0818 UK +44 20 8123 6020 kieran.kelly@wantedanalytics.com ? Sourcing Best Practices How hard-to-fill is your job likely to be? Which locations have the best recruiting conditions? Where are your candidates working? WANTED Analytics Hiring Scale shows the recruiting difficulty for certain jobs in specified markets on a scale of 1 to 99, with 99 representing hardest-to-fill. Understanding the level of difficulty you or your team will face can help you set expectations on day “1” and form your overall hiring strategy, saving you time, money, and resources Welcome to the sourcing goldmine! Easily find candidates in companies that have previously hired for the same talent you are seeking. These professionals may be ready to consider a change. Our candidate profiles reveal contacts currently employed at these companies, who can then be potentially enticed to consider your opportunity. 1 2 3 Compare recruiting conditions for your opening to local and national markets. A quick review of this data will instantly reveal where there is less competition and hidden pools of talent. Recruiting is likely to be more favorable in these areas (pictured in green). With this information, you can determine if you should hire a remote worker, use a staffing firm to supplement your recruiting efforts, if you should train talent internally, hire a contract worker, where to open new offices, and where to find candidates. Employers found: 43,682 AT&T 10,959 jobs Amazon 7,321 jobs WellPoint, Inc. 6,008 jobs Hewlett-Packard Company 5,576 jobs General Dynamics 4,785 jobs
- 2. For more info contact us: US (800) 530-0818 UK +44 20 8123 6020 kieran.kelly@wantedanalytics.com ? 50days How long are similar job ads posted online? What other titles do your candidates go by? Will your salary attract talent? Where can I find graduates that are entering the market? Finding out the average posting period before recruiting for the position will help your team set expectations for how long the job may take to fill. This information can also help you determine how to plan your recruiting strategy. Benchmark your offered salary against competition in your market. Is your salary in line with the market rate or is it too low? Knowing the average salary can help you fill jobs quickly because you will understand the needs and expectations of candidates in the area of your opening. If you’re not receiving many applicants, consider increasing your offered rate. When filling entry-level jobs, seek fresh talent from colleges and universities that have the most graduates with earned degrees in fields specific to positions you’re recruiting. Reach out to these schools to set up on-campus recruiting or internship programs. 4 5 6 7 Common job titles reveal the titles that other employers use in related job ads. These will show you if you’re searching for the right ones. Also, additional potential candidates may go by these titles. If you’re not using them, you may be missing qualified can- didates. Search for talent with these titles to expand your supply.
- 3. 9 10 For more info contact us: US (800) 530-0818 UK +44 20 8123 6020 kieran.kelly@wantedanalytics.com ? Are your skill requirements realistic? How diverse is your market and where are these candidates? My Hiring Manager wants a Purple Squirrel. Can I find this person? Many job ads have a long list of skill requirements that are nearly impossible to find. It’s helpful to know if these candidates actually exist that meet all your specifications. It’s also helpful to compare talent pools for each skill set to see if eliminating one may open up your supply. Based on hiring difficulty and candidate supplies, determine which skills should be required and which should be optional. Diversity is an important initiative at many companies and some employers need to report on their diversity programs. Our Diversity data quickly illustrates the gender and ethnic makeup of the talent supply based on occupation and geography. This data can influence your company’s diversity sourcing strategy by enabling you to target and reach a more diverse pool of candidates. Purple squirrels are hard to find, unless you have a trap and some spray paint. Knowing it’s hard to gain buy-in from your Hiring Manager, it helps to bring data to the conversation to back you up. A Talent Sourcing Report clearly describes what the market is like for your opening and covers all the points above with explanations. Take this report to your next meeting to show your Hiring Manager how hard-to-fill the job is, how long the job ad will be posted online and take to fill, where you can find candi- dates, and sample candidate profiles to see if you’re on the same page. 8