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Turn your website into a Talent Magnet
- 1. Do you knowyour Co$t of Hiring?
- 2. Do you knowyour Co$t of Hiring ? Lets see how hiring managers normally spend their hiring budgets
- 3.
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- 5. Recruitment FirmsAdvertising in
- 6. Recruitment FirmsThat’s it ? Advertising in
- 7. did you addthese other costs? Recruitment Firms Wait... Advertising in
- 8. Recruitment FirmsEmployee Referrals Advertising in
- 9. Recruitment FirmsRecruiter Pay Employee Referrals Advertising in
- 10. Recruitment FirmsRecruiter Pay Travel Employee Referrals Advertising in
- 11. Recruitment FirmsRecruiter Pay Travel Relocation Employee Referrals Advertising in
- 12. Recruitment FirmsRecruiter Pay Travel Relocation Employee Referrals Add it all up Advertising in
- 13. Recruitment FirmsRecruiter Pay Travel Relocation Employee Referrals Add it all up DO YOU REALLY KNOW YOUR CO$T OF HIRING? Advertising in
- 14. Studies indicate thatthe Average Cost per Hire is $ 4,000 In USA
- 15. Studies indicate thatthe Average Cost per Hire is $ 4,000 In USA £ In UK 4,500
- 16. Studies indicate thatthe Average Cost per Hire is $ INR 4,000 In USA £ In UK In India 4,500 50,000
- 17. Average Cost perHire through Recruitment Firms $ 18,700 In USA
- 18. Average Cost perHire through Recruitment Firms $ 18,700 In USA £ In UK 12,000
- 19. Average Cost perHire through Recruitment Firms $ INR 18,700 In USA £ In UK In India 12,000 70,000
- 20. Average Employee ReferralRewards per Hire $ 640 In USA
- 21. Average Employee ReferralRewards per Hire $ 640 In USA £ In UK 500
- 22. Average Employee ReferralRewards per Hire $ 640 In USA In India INR £ In UK 500 10,000
- 23. Average cost ofapplications through your Careers site $ 0,00 In USA
- 24. Average cost ofapplications through your Careers site $ 0,00 In USA £ In UK 0,00
- 25. Average cost ofapplications through your Careers site $ INR 0,00 In USA £ In UK In India 0,00 0,00
- 26. Average cost ofapplications through your Careers site $ INR 0,00 In USA £ In UK In India Referrals and Direct Applications are lowest cost hiring channels. Are you using them effectively? Lets see a typical Careers section of a website! 0,00 0,00
- 27. Typical Careers Pagelooks like this
- 28. Does your CareersPage look like this ? Job Listings
- 29. Does your CareersPage look like this ? Job Listings Social Media Integration
- 30. Does your CareersPage look like this ? Job Listings Social Media Integration Job Descriptions?
- 31. Does your CareersPage look like this ? Job Listings Referrals ? Social Media Integration Job Descriptions?
- 32. Does your CareersPage look like this ? Job Listings Referrals ? Social Media Integration Job Descriptions? Accept applications by email Still wasting time tracking CV’s on excel sheets and losing them to deleted emails ?
- 33. What if thereis an easy solution ?
- 34. XYZ CORPORATIONpowered Careers Page
- 35. Dont’ chase yourIT guy, Post all your jobs yourself, in minutes ! XYZ CORPORATION powered Careers Page
- 36. Apply online andRefer Friends. No sending CVs by emails ! Dont’ chase your IT guy, Post all your jobs yourself, in minutes ! XYZ CORPORATION powered Careers Page
- 37. Search for andBrowse through all the Latest Jobs Apply online and Refer Friends. No sending CVs by emails ! Dont’ chase your IT guy, Post all your jobs yourself, in minutes ! XYZ CORPORATION powered Careers Page
- 38. Search for andBrowse through all the Latest Jobs Apply online and Refer Friends. No sending CVs by emails ! Social Media Enabled Dont’ chase your IT guy, Post all your jobs yourself, in minutes ! XYZ CORPORATION powered Careers Page
- 39. Search for andBrowse through all the Latest Jobs Apply online and Refer Friends. No sending CVs by emails ! Social Media Enabled Set Rewards and enable an Employee Referral Program Dont’ chase your IT guy, Post all your jobs yourself, in minutes ! XYZ CORPORATION powered Careers Page
- 40. Search for andBrowse through all the Latest Jobs Apply online and Refer Friends. No sending CVs by emails ! Detailed Job Description Social Media Enabled Set Rewards and enable an Employee Referral Program Dont’ chase your IT guy, Post all your jobs yourself, in minutes ! XYZ CORPORATION powered Careers Page
- 41. Post and managejobs on your careers section with a simple and intuitive interface Careers Page – Control Panel
- 42. Post and managejobs on your careers section with a simple and intuitive interface Share jobs with your professional and social network in less than a minute Careers Page – Control Panel
- 43. Post and managejobs on your careers section with a simple and intuitive interface Share jobs with your professional and social network in less than a minute Track, manage and monitor all candidates from application to joining. Build a reserve pool of candidates and create a pipeline to reduce future hiring lead time Careers Page – Control Panel
- 44. and 20 +other sites ! So that you get Resumes and Job applications FASTER and for FREE All Jobs posted using Careers pages are submitted to
- 45. What if youcould add all these features to your website in less than 10 minutes ? powered Careers Page
- 46. Log on to www.wisestep.com/Recruiter/careers Act Now, Reduce your Hiring cost ! Convert your Website Visitors to applicants and Referrers. Get more Job Applications at 0 cost! Try us Today
- 47. Done setting upyour careers section ? Now, add an Employee Referral Program to your careers section Lets see what Employee Referral Programs can do
- 48. 33% % Newhires through Referrals for
- 49. 33% % Newhires through Referrals for 40%
- 50. 33% % Newhires through Referrals for 40% 50%
- 51. 33% % Newhires through Referrals for 40% 50% What % of your hiring is from Referrals ?
- 52. Referrals helped thecompany grow their facility from 100 to 300 employees
- 53. Referral Rewards paidto hire over 3000 people $ 7 MN
- 54. Referral Rewards paidto hire over 3000 people $ 7 MN Average Referral Reward paid out per hire $ 1000 - $ 2500
- 55. Referral Rewards paidto hire over 3000 people $ 7 MN Estimated Savings, if other channels were used for Hiring Average Referral Reward paid out per hire $ 1000 - $ 2500 $ 20 MN
- 56. Referral Rewards paidto hire over 3000 people $ 7 MN Estimated Savings, if other channels were used for Hiring Average Referral Reward paid out per hire $ 1000 - $ 2500 $ 20 MN What is your cost of not having a Referral program?
- 57. Average number ofReferrals leading to a successful hire 15
- 58. 84 Average numberof candidate applications from job boards leading to a successful hire Average number of Referrals leading to a successful hire 15
- 59. 84 Average numberof candidate applications from job boards leading to a successful hire Average number of Referrals leading to a successful hire 15 Are you still spending more time and money on Job Boards than necessary ?
- 60. 5% % ofEmployees that normally participate in Employee Referral Programs
- 61. 5% % ofEmployees that normally participate in Employee Referral Programs 25% % of Employees that need to participate in Employee Referral Program to make it successful
- 62. 5% % ofEmployees that normally participate in Employee Referral Programs 25% What % of your employees participate in Referrals ? % of Employees that need to participate in Employee Referral Program to make it successful
- 63. Common Issuesabout Employee Referral Programs Oh ! I did not know we had a referral program
- 64. Common Issuesabout Employee Referral Programs Oh ! I did not know we had a referral program All Open jobs and rewards are listed on the careers Section. Easy to Find, Easier to Refer Employee Referral on Wisestep.com powered Careers Page XYZ CORPORATION
- 65. Common Issuesabout Employee Referral Programs Oh ! I did not know we had a referral program All Open jobs and rewards are listed on the careers Section. Easy to Find, Easier to Refer Search for and Browse through all the Latest Jobs Employee Referral on Wisestep.com powered Careers Page XYZ CORPORATION
- 66. Common Issuesabout Employee Referral Programs Oh ! I did not know we had a referral program Employee logins to allow tracking of referrals All Open jobs and rewards are listed on the careers Section. Easy to Find, Easier to Refer Search for and Browse through all the Latest Jobs Employee Referral on Wisestep.com powered Careers Page XYZ CORPORATION
- 67. Common Issuesabout Employee Referral Programs I have to fill out 3 forms to refer my friends. That’s a hassle
- 68. Common Issuesabout Employee Referral Programs I have to fill out 3 forms to refer my friends. That’s a hassle Employees can login and refer jobs to hundreds of friends using email and social media in less than a minute. Its easy and its fast. Employee Referral on Wisestep.com powered Careers Page XYZ CORPORATION
- 69. Common Issuesabout Employee Referral Programs I refer my friends but I never know the status of their applications
- 70. Common Issuesabout Employee Referral Programs I refer my friends but I never know the status of their applications Employee Referral on Wisestep.com powered Careers Page Receive applications that get tracked to the referrer automatically with regular status updates to the referrer. XYZ CORPORATION
- 71. What ifan Employee Referral program with all these features can be added to your website in less than 10 minutes ?
- 72. Log on to www.wisestep.com/recruiter/careers Act Now, Reduce your Hiring cost ! Call +91 998 999 7917 Email: [email_address] Convert your Website Visitors to applicants and Referrers and get more Job Applications at 0 cost! Add an Employee Referral program to your website Try us Today
- 73. Source Data Averagecost of hiring data : EMA cost per hire Survey Average cost of hiring in UK and India : Wisestep internal studies Average cost of hire through referrals and recruitment agencies : EMA Cost per hire survey Average Referral rewards in India : HR World Editors. % hires through referrals for Intel, PWC, - HR World Editors Referral Rewards data for E& Y, Direct TV - HR World Editors, 2008 % hires though referral for Infosys : CNBC quarterly earnings call transcript for Q3 FY 10-11 Number of referrals that result in a hire : Careers builder sources of hiring study 2010 % of website visitors that are job seekers : Wisestep Internal studies http://www.taleo.com/researcharticle/careers-website-visitors-just-facts : % of visitors to careers websites that are job seekers % of job seekers that will apply for a job with detailed job description % of employees that participate in Referrals , % of employees required for a successful referral program : Wisestep Internal Studies