The document discusses recruitment crowdsourcing as a new approach to finding talent. It outlines some of the headaches of in-house recruitment including rising demand for specialist talent and difficulty finding the right recruitment agency. Crowdsourcing is presented as a solution by providing maximum access and visibility to recruiters while leveraging their specialist knowledge. TheJobPost is highlighted as a simple and effective crowdsourcing platform that gives employers online access to their network of recruiters and control over the recruitment process. It is shown to work well for difficult to fill roles and major accounts by engaging qualified recruiters to find candidates fast. Trends for 2014 are predicted to include industry polarization, evolution of direct hiring, and disruption of the industry by crowdsourcing
3. In-house headaches
• Demand for specialist and business critical talent continues to rise
• With over 18,000 recruitment agencies in the UK finding the right
one is more difficult than ever
• Increasing compliance requirements demand end to end visibility in
the recruitment process
• Continuing pressure on fill rates, cost per hire and time to hire
• Greater expectations to deliver market insight
4. Employers’ selection priorities for recruiters
A new approach to finding talent
Trusted
Source: REC Jobs outlook May 2014
2012 2014 Change
Service Quality 95% 94% -1%
Price 92% 96% +4%
Management
Information
52% 75% +23%
5. First identified by Jeff Howe
– Wired Magazine in 2005
Crowdsourcing
...an open call to a large group
A new approach to finding talent
A smarter way to solve complex problems
6. Crowdsourcing
• Conditions
– Numerous buyers and sellers
– Inefficient transactions
– Lack of transparency makes costs difficult to control
• Principles
– Provide maximum access and visibility
– Leverage specialist knowledge
– Increase speed and delivery
10. Recruitment crowdsourcing – best practice
• Offering has to work for employers and recruiters
– Employers need access to the whole recruitment supply chain
– Recruiters need an effective economic model
• Facilitation rather than management
– Let the recruiter know who the employer is
– Allow them to engage with each other
• Need to cover permanent and contract
– Allows even the smallest firm to engage on contract roles
– Fully compliant: salary and margin paid every week.
• Delivers market insight
– Recruiter metrics (in-house and external)
– Immediate market feedback
A new approach to finding talent
11. TheJobPost, a simple effective crowdsourcing
solution
• One contract
– Gives you immediate online access to TheJobPost network of 35,000 specialist
recruiters
• Total control
– You set the terms & fee level per role
• Access specialist suppliers with fresh talent pools
– engage with specialist recruiters in a controlled manner
• Immediate qualified engagement
– To ensure speed and quality, recruiters pay to engage
• Standalone or integrate with your ATS
– Scalable solution based on volume
A new approach to finding talent
13. It works for difficult to fill roles:
Senior Integrity Engineers, Cognos Analysts,
Public Affairs and Sustainability Managers, Network Engineering
Managers,
Regulatory Affairs Managers, PHP Developers
E2 Engineers, Excel VBA Developers, RGN Nurses,
Sales Executives, Communications Managers, Credit Controllers,
Head Seamstress, Assistant Management Accountants,
Media Planning Managers, Payroll Managers
14. It works for major accounts:
• Oct 13 – present
• 32 vacancies posted
• Brands sourced for: Buxton, Nespresso, Corp/HO, Confectionery
• Locations covered: York, London, Scotland, Ireland, Buxton, Gatwick
• 100% agency engagement
• Average of 3 recruiters engaged per vacancy
• 21 Successful placements, recent placement rate - 70%
• Increased MI
A new approach to finding talent
17. Trends in 2014
• Industry polarisation will continue
– The ‘run faster’ model of recruitment will continue to decline
– Technology-driven efficiency or highly niche will be the main models
• Direct hiring will continue evolve
– Indirect hiring likely to rise across a number of areas
– Continue to evaluate and adopt new ideas
– Turn metrics into market intelligence
• Crowdsourcing will disrupt the industry
A new approach to finding talent
18. Challenge TheJobPost
Fill in a challenge postcard and hand to a member of our
team or email:
recruiting@TheJobPost.co.uk
and we’ll connect you with recruiters who have the right
candidates, fast.
Editor's Notes
#2: I set up TJP to enable companies to access the best talent easily and remove some of the inefficiencies around the recruitment industry
#8: Rightmove example – it changed the estate agency industry
#9: We are here today and would be delighted to chat in more detail
#10: We are here today and would be delighted to chat in more detail
#14: We are here today and would be delighted to chat in more detail
#19: We are here today and would be delighted to chat in more detail