Ever wonder what key opportunities your firm may be missing out on? Check out the slides from our recent webinar on "Staffing Trends You Need to Know When Planning for 2016". Learn more about the findings of our 10th annual Opportunities in Staffing study conducted by CareerBuilder and Inavero by visiting: www.opportunitiesinstaffing.com.
2. Not All Sources of Information Should Earn Your Trust
Misinformed Celebrities…
Lindsay Lohan about the weather
Jaden Smith about global warming
Ron Artest about dieting
Kanye West about…..ANYTHING
…or spelling
3. Its not Just Celebrities – We Should Check Our Own Bias as
Well
5. Net Promoter Score® Measures Loyalty in Staffing
A Net Promoter Score (NPS®) is an easily understandable metric
based on likelihood to recommend using a company, product or
service to a friend or colleague
Staffing firms see a direct correlation between:
Net Promoter Score, retention, & referrals.
Is a Net Promoter Score?
WHAT
Use a Net Promoter Score?
WHY
HOW
Is Net Promoter
Score calculated?
0 1 2 3 4 5 6 7 8 9 10
Detractors PromotersPassives
% Promoters % Detractors NPS
Promoters: Your firm’s strongest allies; most
likely to promote your firm to others
Detractors: At risk of
leaving your firm
® Net Promoter, NPS, and Net Promoter Score are trademarks of Satmetrix systems, Inc., Bain & Company, and Fred Reichheld
-100
100
-15%
31%
56%
76%
16. Technological Advancements Yield Mixed Results for
Candidate Experience
TECHNOLOGY HELPS:
• 41% say applying on
a mobile device is
better.
• 29% believe
applications are
easier to complete.
TECHNOLOGY HASN’T IMPACTED:
• Length of typical application.
• Use of automated responses.
TECHNOLOGY HURTS:
• 39% believe
recruiter
responsiveness has
declined.
• 42% believe human
interaction is worse.
19. Pre-Placement Steps to Maximize Job Candidate
Satisfaction
61% 56% 49% 40% 34%
Recruiter worked to get to
know them as a person
Set expectations about how
best to communicate with
them
Helped identify other
positions the candidate
might be qualified for
Directed candidate to
additional resources to help
job search
They gave coaching on
resume and interviewing
Increase in Net Promoter Score When These Steps Occur:
Half of candidates say their
staffing firm didn’t take these
steps.
Just 1 in 4 candidates say
this happened.
22. There are Many Things Making Retention of Top Talent
a Concern
54%
46%
Very confident Not very confident
Confidence Current
Assignment Will Run
Full Duration:
When Placed Talent
Start Looking for Next
Assignment:
23%
40%
37%
1st day of existing assignment
Within 1st month of existing assignment
1 month into assignment or longer
5.5
4.2
4.1
4
10.2
4.9
Overall
Industrial
Office/clerical
Healthcare
IT/Engineering
Professional
Average Monthly Phone
Calls from Staffing
Recruiters:
23. 5 Stats to Know About the Talent Journey that I
Couldn’t Fit Anywhere Else
44% of candidates can’t
name a single staffing
firm brand from
memory.
Awareness:
Half of job candidates
who are referred to you
will still vet your firm
through a Google search
or online reviews
Average rehire rate for
staffing firms in the
survey was just 25%
91% will encourage
others to use your firm
if they have a good
experience.
78% will accept a
salary 5% lower
than their
minimum if they
read positive
reviews online
about the
company.
28. Referrals and Online Resources Top Ways Employers
Find Staffing Firms
19%
18%
11%
28%
26%
12%
16%
34%
26%
27%
14%
17%
18%
20%
21%
22%
25%
29%
34%
42%
0% 25% 50%
Past experience working with the firm on
my personal job search
Asked people in my personal network
Read reviews of the staffing firm online
A sales rep introduced themselves to me
Someone proactively recommended them
Searched for the staffing firm online
Went to the staffing firm’s website
The firm’s reputation within my industry
Experience with the firm at a previous job
Asked professional network for a referral
How Clients Found Their Primary Staffing Firm
2015
2014
5 Buying Trends to Follow:
• 64% of decisions regarding what staffing
firm to use are made by more than one
person,
• The average person researches 3 types of
sources about a particular firm,
• 61% claim some form of referral
influenced who they considered,
• But 4 in 5 who get a referral still vet the
firm through at least one other source,
and
• Online sources have increased
significantly – especially with younger
buyers.
29. Education and Data are Critical to Your Sales Success
32%
26%
25%
25%
20%
17%
15%
0% 20% 40%
They demonstrated they knew
more about our industry than other
firms
I trusted them more than the other
providers
They shared information with me
that helped my company improve
our recruiting
They shared current hiring trends
in my industry
They demonstrated they knew
more about our company than
other firms
They presented me with credible
testimonials from current clients
They were the lowest priced option
we considered
Factors in Selecting Primary Staffing Firm
32%
17%
Picked Lowest
Priced Firm
Did Not Pick
Lowest Priced
Firm
67% more likely to be
trusted than sales reps and
9xmore trusted than
marketing
% Dissatisfied
32. The Staffing Employment Story is Strong for Our
Industry
1.97%
1.98%
1.98%
1.99%
2.00%
2.01% 2.01%
2.03%
2.04%
2.03%
2.02%
2.03%
2.04% 2.04%
2.05%
2.04%
2.04%
1.95%
1.96%
1.96%
1.97%
1.98%
1.98%
1.99%
2.00%
2.00%
2.01%
2.02% 2.02%
2.03%
2.03% 2.03% 2.03% 2.04%
Apr
2014
May
2014
Jun
2014
Jul
2014
Aug
2014
Sep
2014
Oct
2014
Nov
2014
Dec
2014
Jan
2015
Feb
2015
Mar
2015
Apr
2015
May
2015
Jun
2015
Jul
2015
Aug
2015
Temporary Help Penetra on Rate (April 2014 – August 2015)
Actual rate for the month Rolling six-month average
34. So What Are We Doing Wrong?
21%
25%
26%
30%
38%
39%
46%
0% 25% 50%
They don’t know enough about unique
recruiting challenges in my industry
Only looking out for their best interests,
not mine
They don’t know enough about my
company’s culture
They don’t give me enough candidates
to choose from
Being slow to respond
They misrepresent the people they are
trying to place
They are too pushy and aggressive
Most Common Mistakes of a Bad Recruiter
or Account Manager
20%
12%
0%1%
3%
-8%
-10%
0%
10%
20%
30%
2013 2014 2015
Clients: Likelihood to Recommend Working with
Primary Staffing Firm
Lead Contact NPS®
Day-to-Day Contact NPS®
36. What Is the ‘Left Turn’ in Your Process?
90% of UPS driver turns are
to the right, because:
• It helps save them over 1
million gallons of gas a
year, and
• Left-hand turns are 3x
more likely to result in a
deadly crash with a
pedestrian.
41. You Define Your Brand by How You Respond when
Things Go Wrong
Man Has 29 Miley Cyrus Tattoos Removed, Proving That Everyone Makes Mistakes
42. The Moral: Just Because Something was a Good Idea
Once, Doesn’t Mean it is Now
1. Talent are in control now, not us.
2. We need to focus on how we do things as much as on what we do, and
3. Our reputation is our most valuable asset.
43. It’s a Good Time to be in Staffing, but Don’t Lose the
Race Because You’re Too Busy Celebrating