Stickball Meets Rugby New Recruiting Rules to Win in a Crazy Market

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1 Stickball Meets Rugby New Recruiting Rules to Win in a Crazy Market HR Star Conference San Francisco 2013 Presented by Valerie Frederickson & Mathilde Pribula, Partners Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement I

2 The crazy recruiting market Candidates receiving multiple offers Lack of technical talent Human Resources Longer interview cycles Misaligned interview team Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement I 2

3 The crazy recruiting market Candidates receiving multiple offers Lack of technical talent Human Resources Longer interview cycles Misaligned interview team Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement I 3

4 The crazy recruiting market Candidates receiving multiple offers Lack of technical talent Human Resources Longer interview cycles Misaligned interview team Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement I 4

5 The crazy recruiting market Candidates receiving multiple offers Lack of technical talent Human Resources Longer interview cycles Misaligned interview team Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement I 5

6 The crazy recruiting market Candidates receiving multiple offers Lack of technical talent Human Resources Longer interview cycles Misaligned interview team Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement I 6

7 What s your pain point? Competing Sourcing Winning Managing Negotiating Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement I 7

8 1. Sourcing Candidates Employment branding Red carpet Video the CEO Events Boosting and using internal referrals Discipline and metrics Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement I 8

9 SOURCING CHEAT SHEET 1. Create list of top 10 companies with similar products or cultures to source from no wide net 2. Share simple talking points about your company with all employees 3. Employee referral bonus program 4. Cancel job postings focus on active sourcing passive candidates Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement 9

10 2. Competing Go faster than larger tech employers Interview cycle, offer process Scout for acqui-hiring targets Get them early, look at incubators Recruit in creative ways VC s poaching interns at bars Tackle the founder syndrome Learn to pitch to candidates who want to start their own company Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement I 10

11 COMPETING CHEAT SHEET 1. Create talking points for each hiring manager on why us, making sure each member of the interview team gives different perspective 2. Instill creativity in recruiting with HR hackathons, where recruiters can spend a full day testing out unique sourcing techniques 3. Have incumbent employees support the recruiting team by encouraging social media posts of employee events Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement 11

12 3. Managing Quoted In: Candidates Ideal candidate experience Continuous communication Turning off candidates Clients Select/prepare interview team Fight the first candidate effect Coach hiring managers: faster, better Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement I 12

13 MANAGING CHEAT SHEET 1. Have a candidate turn-off script handy and make sure everyone that has gone through an in-person interview gets a phone call 2. Prepare interview questions for each member of the interview team so the candidate won t have to repeat their stories multiple times 3. Create an ideal candidate profile with the entire interview team and use it in internal debriefs on each candidate Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement 13

14 4. Negotiating and Closing The Negotiation Written preparation Decide walk away number Update even without information The Offer Glassdoor Socialize Exploding Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement I 14

15 NEGOTIATING CHEAT SHEET 1. Create an electronic compensation questionnaire (base, bonus, equity, perquisites, vesting dates, etc.) and have each candidate fill it out 2. Understand the market rate and what you re willing to pay for this role 3. Be honest about where you are in the process and your anticipated timeline, and ask them about any deadlines on other offers they may have Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement 15

16 Where to slow down Hiring manager/interview team readiness Critical skills Interview questions Written feedback Track your metrics Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement I 16

17 Valerie Frederickson, Partner Mathilde Pribula, Partner Valerie Frederickson & Company Valerie Frederickson and Company I HR Executive Search I HR Contracting & Outsourcing I HR Consulting I Career Management & Outplacement 17