Evolving Your Social Recruitment Vocabulary

In my last blog post (TSPK101- Expanding Your Technology Vocabulary for Business Use); I spoke about the need for HR professionals to really understand some of the industry technology terms that are being used in strategic conversations. As a part two, I want to expand that conversation and drill down a layer further. This post will focus on deciphering the terminology behind social recruitment.

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The term social recruitment was first used as early as 2009, but started to become part of conventional recruitment strategy around 2011[1]. Social recruitment has now become mainstream and many vendors now offer social recruiting and marketing products in addition to their core recruitment management system (RMS) offering. With the increasing adoption and investment in social recruitment, also comes the necessity to articulate ROI and explain its success. But, despite data being available through a multitude of channels, many recruitment functions still struggle with compiling data to answer to the lingering Executive question… Tell me how social recruitment adds value?

Stumped? There’s good new… this is not a quiz!

For a few years I’ve talked about the importance of introducing new metrics into the HR dashboard that can clearly describe the impact of social recruitment.

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Metrics can be the gateway to tell your story. It provides the forum to share success, lessons learned and forecast strategy based on data. To anchor social recruitment, a new wave of terminology needs to be adopted into daily operational metrics, performance measures, intake discussions and sourcing strategies make it meaningful.

Not sure where to start? First, let’s examine a few common industry terms that you and your team should know and use on a weekly, if not daily basis:

Term Description Why is it important?
Click Through Rate (CTR) Measures the click from the initial link though to the content page. (e.g. the click from the initial job posting link on a job aggregator to the apply button on the job posting RMS). It provides insight into how compelling your content is. The marketing to get you to click on the initial link may be good, but if candidates are not clicking through, it could be due to your content. Companies should use click through rate metrics as an indicator on what’s working and what needs to be improved. You want high click through rates to measure applicant channel ROI.
Employee Value Proposition (EVP) It’s a unique set of offerings, associations and values that will positively influence the most suitable target candidates to choose you as an employer. The proposition must be attractive, true, credible, distinct and sustainable.[2] In a nutshell, it articulates what differentiates your company from your competitors. Why should someone choose to work at your company versus a direct or industry competitor? If you want Manager’s and employees to become brand ambassadors, they need to be equipped with EVP marketing messages to promote the company.
Engagement Two way interaction of your companies brand and content between the end user and the company. Engagement identifies people who express an interest in your brand and content by interacting with it. It provides the opportunity to build rapport, creating a pipeline of candidates engaged with your company brand. Research shows that engaged employees have higher retention rates resulting in bottom line savings to the organization over time[3].

 

engagment analytics_1

 

Job Aggregator An on line database that scrapes and advertises job postings from company websites at no cost. Job aggregators have transformed the traditional job posting model. Jobs from companies are posted in one central place and are SEO indexed. Companies don’t pay to advertise job postings, they are there for free. This makes it more appealing for candidates as all jobs can be found here regardless of where they start their search (e.g. Google, Yahoo, Indeed.com, etc.). Job aggregators provide high source of hire ROI.
Pay per Click (PPC) The amount paid when sponsored content (e.g. job posting) is clicked on a website. This helps companies stay within a budget and measure ROI based on clicks. If you sponsor jobs, you only pay for what is performing.
Reach Reach is the potential audience for content based on total follower count (Twitter, Pinterest and LinkedIn followers, total Likes on your Facebook page, etc). If your boards have 1,000 followers on Pinterest, then each of your pins could potentially reach 1,000 people. [4] Reach provides insight into the visibility of your content as it is shared (via a like or share) to other users networks. The higher your reach the higher the probability you will attract more applicants.
SEO Search Engine Optimization (SEO) – Is the ability for your content to rank higher on a search engine when search results are returned. Most candidates now start their job search on a search engine (Google, Yahoo, Khoj, Baidu, etc.). The higher your content appears in search results, the higher the probability it will be clicked on.
Social Sharing Sharing content through social media. Most websites recognize the power of sharing content on social networking sites. Social sharing is the modern version of emailing job postings to networks. RMS’, aggregators and job boards, now offer the ability social share jobs on sites such as LinkedIn, Facebook, Twitter, etc.

engagment analytics_2

 

Talent Brand The highly social, public version of your employer brand incorporating what your talent thinks, feels and shares about your company as a place to work[5]. Your talent brand carries more credibility than employment brand because your employees are advocates or detractors of the message. Talent brand is important because it represents a genuine view from an employee. Tools like LinkedIn’s Talent Brand Index allows companies to benchmark against competitors to see how your talent brand is performing to attract and source candidates.
Talent Communities A recruitment product that offers websites geared to specific roles, candidate types or locations where people can register and receive company information and notifications. Talent communities provide specific branding, content and messaging to candidates based on demographic information. While content on talent communities can be engaging, they also serve as the feeder for talent pipelines for specific roles.
Targeted Marketing Recruitment Campaigns Use keywords and/or demographic information to target and attract relevant potential applicants for specific roles. (e.g. Call Centre, Actuaries, Mobile App developers, etc.). Most candidates start their job search on a search engine (Google, Yahoo, Khoj, Baidu, etc.). Unlike traditional methods of post and prey advertisements, campaigns have become a game changer because it seeks out specific individuals that appear to fit the role profile of the job. This creates a relevant pipeline and/or applicant pool. In addition to Google AdWords, social networking sites such as LinkedIn, Facebook and Twitter also offer these services.

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This by no means, is an exhaustive list of social recruitment terms. It’s really meant to be an introduction to some of the more common terms you can expect to hear and see in blogs, articles, white papers and research briefs. So the next time you are asked how reach impacts your sourcing strategy, you’ll be well positioned to give an answer!

If you would like more information on HR metrics, check out my blog post Are You Using Data to Drive Your HR Strategy.

I’d love to hear from you! Please let me know if you found this list useful. You can tweet me @annzaliebarrett or follow me LinkedIn.

Ann_Nov_2012Ann Barrett, Director Integrated Solutions

_________________________________________________________________________________

[1] Wikipedia

[2] http://www.slideshare.net/duraturo/what-is-an-employer-value-proposition

[3] http://www.bus-ex.com/article/employee-engagement-retention-and-communication

[4] http://blog.hootsuite.com/beginners-guide-to-social-media-metrics-reach-exposure/

[5] http://www.slideshare.net/linkedin-talent-solutions/5-reasons-for-investing-in-your-talent-brand-v3

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Course TSPK101- Expanding Your Technology Vocabulary For Business Use

In my opinion, there are three things that have become the norm of modern day societal interaction:

  1. Mobile Devices
  2. The Cloud
  3. Social Networking

I’ve affectionately labelled them the Technology Trio. Most of us could not go an hour without interacting with one, if not all of these items. This Technology Trio is fast becoming the driver of business strategy development; encompassing sales, marketing, product offerings and the employee value proposition.

Technology_Trio

That’s right I said employee value proposition.

Employees are increasingly demanding the use of mobile, cloud and social collaboration at work. Things like importing their talent profile from LinkedIn, requesting and approving vacation on their smart phone or using SharePoint to crowd source ideas from multiple internal and external stakeholders to complete a project.

Discussions about the Technology Trio have also become common place in executive strategic planning discussions. functions including . Departments such as Sales, Finance, HR, Marketing, Legal, Procurement, Operations, Compliance, etc., are now expected to have some general knowledge of the Trio to develop solutions to support businesses strategies.

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These could include providing answers/recommendations on whether to use a new SaaS solution to manage sales. What’s the contract/ cost implications if we move to an integrated best in suite solution or continue with a series of best in breed solutions? If  we enable API plugin’s how do we mitigate privacy concerns? If we use social networking sites like Facebook and Twitter to engage customers as part of our sales strategy are they any compliance risks? What guidelines need to be added to our code of conduct around acceptable usage of social media at work? How should we address anonymous employment reviews  on social media sites about our company? How do we leverage big data to gain insights into projected sales revenue or succession planning for baby boomer retirements? What’s our social recruitment strategy? And on and on….

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For many, this is new and overwhelming territory. Symptoms may include eyes being glazed over, increased heart rate, bouts of perspiration or having to leave the meeting early due to a sudden appointment!

Relax. Take a deep breath.

For all of you who would like a crash course on the essential technology terms* you need to know for your next meeting; this blog post is for you!

 -Technology Terminology Cheat Sheet-

Term*

Definition

Example

Android Is a mobile operating system (OS) developed by Google. Android is designed primarily for touch screen mobile devices such as smartphones and tablets. It uses touch inputs like swiping, tapping, pinching, etc. to manipulate on-screen objects. It also offers a virtual keyboard.
  • JellyBean
  • NexusGalaxy
  • HTC Mobile
API PlugIn An application programming interface (API) specifies software component inputs and outputs.  Its main purpose is to define a set of functionalities which allow integration (plug in) of new features into existing applications or to share data between otherwise distinct applications.
  • Apply for a job on a recruitment system using your LinkedIn profile
  • Login to TripAdvisor using your Facebook profile
Best of Breed (BoB) Applications that offer specialized functions in specific areas that ERP’s suites usually do not feature. (E.g. Time and attendance, compensation, talent management, financial planning, etc.) Most BoB  solutions are now SaaS and Cloud based.
  • Kronos
  • Salesforce.com
  • HireVue
  • Jobvite
  • JobsDB
Best in Suite (BiS) Applications that provide a broad set of functional capabilities as part of an integrated suite. These components can be sold as standalone modules or bundled. They sit on a unified platform which makes integration easy.
  • SAP
  • Oracle
  • IBM
  • Blue Link
Big Data Is an all-encompassing term for the collection of data sets so large and complex that it becomes difficult to process using on-hand data management tools or traditional data processing applications. Big data solutions:

  • Zaponet
  • SAP Big Data
  • Oracle Big Data
Cloud Computing Is the delivery of computing as a service rather than a product. Shared resources, software, and information are provided to computers and other devices remotely as a utility (like an electricity grid) over a network such as the Internet. Cloud computing allows users to access their information anywhere, anytime and on any device type.
  • Google Drive
  • Yahoo email
  • Facebook
  • WordPress

 

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Term* Definition Example
Integrated Platform A unified technology solution that offers software that delivers services across multiple subject areas such as learning, recruitment, compensation, talent management, etc. Unlike BiS, there are no modules to sell individually.
  • Workday
Middleware Computer software that connects software applications to other software applications. Think of it as “software glue”. Middleware is used behind the scenes to execute transactions, facilitate data flow or build integration.
  • Custom API’s
  • Web Servers
  • Automated backup system
Mobile Refers to a variety of smart, portable devices that can access the internet and facilitate the usage of apps.
  • Blackberry
  • iPad
  • Smart Phones
Mobile App A computer program designed to run on smartphones, tablet computers and other mobile devices. Apps (applications) are available through application distributors such as the Apple App Store, Google Play and BlackBerry App World.
  • Good
  • Mobile Bank Payments
  • Instagram
SaaS Software as a Service (SaaS) is a cloud model that delivers on-demand applications that are hosted and managed by the service provider and paid for on a subscription basis (fee/ license).
  • Microsoft Office 365
  • Workday
  • Salesforce.com
  • SuccessFactors
SEO Search Engine Optimization (SEO) is the process of influencing the visibility of a website or a web page in a search engine’s “natural” or un-paid (“organic”)search results. The goal is to have content indexed so it ranks closer to the top (higher) on the page when search results are returned. The higher results are ranked, the higher the probability  visitors will see content and click on it. Content can be in the form of text or digital media such as videos, audio files or images.
  • Your content shows up in the top 10 search results on search engines such as Google, Yahoo, Baidu, Naver, Khoj, Achei, etc.

 

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Term* Definition Example
Smart Phone A mobile phone with more advanced computing capability and connectivity than basic feature phones. Smartphones include a touchscreen computer, web browser, Wi-Fi connectivity, 3rd-party apps, etc.
  • Blackberry
  • iPhone
  • Samsung Galaxy
  • HTC
Social Collaboration A processes that helps multiple people interact and share information over the internet to achieve a common goal.
  • LinkedIn
  • TripAdvisor
  • Google Hangout
  • SharePoint
Social Recruiting The use of social media and mobile tools to facilitate sourcing, marketing and recruitment. Many SaaS solutions offer social recruitment tools as part of their suite of products.
  • LinkedIn
  • Google Adwords
  • Jobs2Web
Technology Ecosystem The suite of systems in an organization that make up their comprehensive systems portfolio.
  • Your organizations systems

This list is by no means exhaustive. It should however, give you a good starting point to become a knowledgeable contributor in conversations.

I hope you find this blog post useful. Stay tuned for my next blog post which will delve into social recruiting vocabulary.

I would love to hear from you. Please drop me a line via  pca_icon_linkedin_111w_116h LinkedIn or twitter@annzaliebarrett

Ann_Nov_2012

By Ann Barrett- Director, Integrated Solutions

*Source of terms have been taken from wikipedia.com and modified for relevance.

How Does Big Data Impact You?

Big data has become a big topic in the industry. It’s transforming business strategies by providing companies with key information in the areas of talent, social media, mobile, brand, engagement, products, consumer preferences, etc. So what exactly is big data and how does it impact you?

big_data2Wikipedia defines big data as a collection of sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications1. Basically, as more people start to use technology to facilitate transactions more digital data is being collected and stored. At its core, mobile devices, the internet and social media capture multiple terabytes of information. Consider by 2015, the world’s mobile worker population will reach 1.3 billion people2. That’s one out of every six people on the planet will use a mobile device to conduct work. With all of this volume traditional data warehouses can no longer store all of the data being collected. eCommerce companies such as AdKu have created a niche market, offering their services to collect data analyse it, correlate it and highlight both positive and negative trends. This provides a goldmine of rich data. Historical data can be analyzed and used to forecast potential trends and consumer preferences which can be built into business strategic plans.

You are also impacted by big data. Accessing information via technology leaves a digital footprint of demographics, preferences, number of visits, number of shares, etc; which shapes the way products and services are being developed, marketed and delivered to you.

Here are three examples of how big data impacts you:

  • Tailored Digital MarketingYou may notice on your Facebook news feeds you are now presented suggested_postwith “suggested posts” better known as ads.  These posts are not random, but based on big data analysis that serves up targeted, relevant suggestions based on historical trends such as pages you’ve visited, pages you like, search results, etc. Almost all social platforms have an analytics component build into them. Whether you’re on Facebook, Pinterest, LinkedIn and of course Google, companies can use this data to better to understand who their audience is and what content is resonating with them. This subtle, yet effective marketing technique has transformed the way businesses reach potential customers. By looking at historical data and analyzing trends, companies can predict products you may be interested in. Instead of casting a wide net, big data provides the opportunity to cast a smaller, highly relevant net. The end result is higher sales.
  • Volume Discounts– The concept of discounted prices for consumer items on-line is not new. If you’ve ever used hotels.com or hotwire.com to book a hotel, you will know these companies buy rooms strategyin bulk and allow consumers to purchase them at discounted rates. This model has now evolved where groups of consumers can buy a variety of discounted products on online through digital coupons, or Groupons. The consumer will only get the deal if a number of other people also buy the coupon. To help reach the minimum, Groupon encourages sharing the deal with friends on social networks like Facebook and Twitter. Digital coupons provide the opportunity to collect information and begin to analyze consumer supply and demand trends on a per month, week, day, and even hourly basis[3]. To understand these trends Groupon acquired Adku, an eCommerce company specializing in big data. Analysis on this data means more relevant deals are served up to consumers increasing user adoption and sales. As coupons are shared, more consumer data can be collected and analyzed.
  • Your Career-. Many companies are moving to more sophisticated human resources management systems (HRMS) as a one stop shop to assess talent within the organization. Newer systems are geared to “manage” talent, shifting away from pure transaction processing.open big data Companies can collect and store data pertaining to work experiences, projects, goals, deliverables, performance ratings, work history, job levels, age, gender, accreditations, etc. Many systems also integrate social media accounts such as LinkedIn, Facebook and Twitter. Add to that other system integrations such as applicant tracking systems, payroll systems, background checks, on boarding, etc; and the amount of data that can be analyzed collectively is exponential. This big data provides a wealth of information to companies seeking to understand talent pools, succession planning, retention, etc. at macro and micro levels. Companies can also use data to better understand how overarching enterprise objectives are being imbedded and delivered down the chain. This provides a holistic view of an employee over time and may serve to predict which individuals are top talent.

So your contribution and interaction with big data is inevitable. Next time you see a tailored ad remember big data predicted it!

By Ann Barrett, Director, eRecruitment & Social Media Strategy

[1] Wikipedia.com
[2] IDC, Worldwide Mobile Worker Population 2011-2015 Forecast, Doc#232073, Dec 2011
[3] http://steinvox.com/blog/groupon-big-data-play-winning-startups-focus/#ixzz2VpVJ9lwl