becoming an employer of choice in a fiercely competitive talent market
DESCRIPTION
Presentation from the ERE Expo 2011 Fall, presented by Steve Cadigan.TRANSCRIPT
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Recruiting Solutions Recruiting Solutions Recruiting Solutions
Becoming an Employer of Choice in a Fiercely Competitive Talent Market
Steve Cadigan, VP of Talent, LinkedIn
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Recruiting Solutions
Agenda
§ The New Recruiting Reality § Growth at LinkedIn § Rising to the Challenge
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Recruiting Solutions 4
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Recruiting Solutions
What You’ve Read is True
Tech startups face stiff competition for talent – Reuters The “War” For Top Talent In Silicon Valley – The Wall Street Journal Silicon Valley Hiring Perks: Meals, iPads and a Cubicle for Spot – NYTimes.com
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Recruiting Solutions 6
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Recruiting Solutions
Agenda
§ The New Recruiting Reality § Growth at LinkedIn § Rising to the Challenge
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Recruiting Solutions
120,000,000+ registered members (as of August 4, 2011)
The globally connected professional network
4M+
48M+* 26M+
4M+
10M+
2M+
1M+
2M+
2M+
1M+
2M+ 6M+
2M+
8
*As of June 30, 2011
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Recruiting Solutions
Our mission Connect the world’s professionals to make
them more productive and successful
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Recruiting Solutions
Our vision Create economic opportunity for every
professional in the world
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Recruiting Solutions
How we’ll do it
Connect talent with opportunity at massive scale
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Recruiting Solutions
Member Growth in Millions Over 50% of members are now international The image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted. Restart your computer, and then open the file again. If the red x still appears, you may have to delete the image and then insert it again.
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2 4 8
17
32
55
90
2004 2005 2006 2007 2008 2009 2010
LinkedIn Members (Millions)
120M+ *
*as of August 4, 2011
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Recruiting Solutions
Staff growth since 2003
Population by Year
14 33 44 69197
338480
990
1515
0
200
400
600
800
1000
1200
1400
1600
2003 2004 2005 2006 2007 2008 2009 2010 2011
© 2007 LinkedIn All rights reserved. 13
*As of 6/30/2011
*
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Recruiting Solutions
Tenure of current headcount
© 2007 LinkedIn All rights reserved. 14
*As of 6/30/2011
990
0
500
1000
1500
2000
Headcount tenure
Over 1/3 of employees have been here less than 1 year
1515*
2010 2011
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Recruiting Solutions
Incredible Competition for Tech Talent
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Recruiting Solutions
HR challenges
§ Competing for the best talent in Silicon Valley – Intense competition for top technical talent – Deep pocketed competitors
§ Hyper Growth – Keeping focused on top talent and quality in recruiting – Ongoing integration of new staff – Strain on whole organization to recruit and onboard – New players, new countries, new policies – Laying a scalable foundation – Growing a business while leaders must also focus on:
§ Recruiting, On Boarding, Training – setting team up for success
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Recruiting Solutions
Agenda
§ The New Recruiting Reality § Growth at LinkedIn § Rising to the Challenge
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Recruiting Solutions
Rising to the challenge - Talent
§ Talent is our #1 operating priority as a company – We review progress regularly
§ Engage the whole company – Active referral network – Many hires sourced by hiring managers
§ Clearly communicate our differentiators – Impact, size, culture, talent, growth opportunity – Internships
§ “Drinking our own champagne”
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Recruiting Solutions
Our Recruiting Solutions
LinkedIn Jobs
LinkedIn Recruiter Talent Direct
Recruitment Ads Career Pages
Talent Acquisition
Brand & Media
Work with us!
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Recruiting Solutions
Rising to the challenge - Growth
§ Communication is vital – Bi-Weekly all-hands meetings (Top Down)
§ Hosted by CEO § Humor and Transparency § Where are the elephants?
– “Company Groups” (Bottoms Up & Across) § Everyone has a voice § Issues are addressed quickly § Self governance
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Recruiting Solutions 21
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Recruiting Solutions 22
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Recruiting Solutions
Rising the the challenge - Culture
§ Everyone is building our culture of transformation § Living what our products enable: purpose-driven
– Connecting talent with opportunity § Work space IS important § Rare and special opportunity
– InDays and Hack Days – Speaker Series – Celebrations – Conference room names, food choices, Tshirts….
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Recruiting Solutions
InDay – key part of our culture § Time to think!
§ Think about new ideas, strategies, solutions, ways to tackle existing problems
§ Teamwork § Form closer relationships across the company
§ Making this part of who we are § The spirit of “Hack days” § Innovation, creativity, collaboration § Across teams and departments § Includes product and technical innovation, but broader and applicable
to all areas of expertise
§ Several Options § My InDay § InDay Double Down § Step back and catch up – recharge § Speakers & themes
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Recruiting Solutions
Intern Hack Day
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Recruiting Solutions
InDay &TechTalk Speakers
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Recruiting Solutions
Celebrate Often
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Recruiting Solutions
Celebrate Often
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Recruiting Solutions
Celebrate Often
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Recruiting Solutions
LinkedIn Career Page
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Recruiting Solutions
Engineering Microsite
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Recruiting Solutions
Employee Blog Posts
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Recruiting Solutions
Lessons Learned
§ Access to Sr. Leadership is key § People want their voices heard
– Loudly in some cases § Let your staff build the culture
– “live the culture you want” § Resist the inertia to create levels § Bi-weekly reminders of priorities and measuring
results keeps focus
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Recruiting Solutions
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Enter to Win a Kindle Update Your LinkedIn Profile Status with #LinkedInatERE
Can’t access the web from your phone? No worries – leave a business card with a LinkedIn rep on your way out and we’ll be happy to include you in the drawing.
Winner will be notified on LinkedIn via InMail.