Practical strategies for powerful candidate selection

Practical Strategies for Powerful Candidate Selection Practical Strategies for Powerful Candidate Selection bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Rusty Lindquist Michelle Reed VP HCM STRATEGY & IP CMO BAMBOOHR SKILLSURVEY bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection HR today sits smack-dab in the middle of the most compelling competitive battleground in business, where companies deploy and fight over that most valuable of resources— workforce talent Matthew D Breitfelder HBR: “Why did we ever go into HR” bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Talent Deficit Unemployed 4.7% May, 2016 EMPLOYED! 95.3% “This is a war for talent” Steven Hankin McKinsey & Company bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Shrinking Tenure v 91% 91% of Millennials expect to stay with your company fewer than three years – Future Workplace 2yrs 43% v v Average tenure for Millennials is years (5 years for Gen X and Gen Y) – Payscale bamboohr.com v 1yr Among the jobs that 39-44 year olds began, one third ended in less than a year – Forbes 90v 200% Cost of replacing an employee is between 90% - 200% of their annual salary – SHRM 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Accelerating Half-Life of Hard-Skill Relevance bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Increased Competition bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection HUMAN CAPITAL is quickly becoming the only sustainable source of competitive advantage Alfred Marshall economist bamboohr.com 1-866-387-9595 –Bersin by Deloitte – Ram Charan Best-selling Author & Business Advisor Practical Strategies for Powerful Candidate Selection Traditional Interviews bamboohr.com  What are your strengths and weaknesses?  Why are you interested in working for us?  Where you see yourself in the next years?  What did you like about your last job? 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Behavioral Interviews  Describe a time you had to ask a number of questions and actively listen to fully understand a customer's issue (Responsiveness)  What was the most challenging customer problem you had to solve and how did you solve it? (Problem solving)  Describe a recent situation when you had to handle an angry customer (Unflappability) bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Interviewing For Fit bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection People are infectious, so when hiring, ask yourself how will they infect your organization, for good or bad bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Signal to Noise Ratio bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Culture First Following a national survey of job seekers and HR professionals, 43% said that “cultural fit” was the single most important determining factor when making a new hire -Millennial Branding & Beyond.com bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Cultural Undercurrents bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Keep Records bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Hidden bias: How it works How to prevent it bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection First Be consistent bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Second Open the door bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Third Test your conclusions bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Finding Their Superpower bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Thank you! BambooHR Receive a free job posting on our ATS and full HRIS for one week We will contact everyone within the next few days to set this up SKILLSURVEY Improve your selection process through feedback from references on soft-skills Try it out for free: www.skillsurvey.com/tryit bamboohr.com 1-866-387-9595 Questions? Rusty Lindquist Michelle Reed VP HCM STRATEGY & INSIGHTS CHIEF MARKETING OFFICER BAMBOOHR SKILLSURVEY @rustylindquist @reedmichelle13 rusty@bamboohr.com mreed@skillsurvey.com www.linkedin.com /in/rustylindquist www.linkedin.com/in/reedmichelle13 ... 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Accelerating Half-Life of Hard-Skill Relevance bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection. .. Advisor Practical Strategies for Powerful Candidate Selection What are hard skills? What are soft skills? And why should we care? bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate. .. 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Soft-Skills are the truest predictors of success bamboohr.com 1-866-387-9595 Practical Strategies for Powerful Candidate Selection Resign