I'm being interviewed at Follow Us this week, which is part of the Australasian Talent Conference (ATC), the session is around recruitment and how it is evolving with the use of social media. I read an article yesterday which got me to thinking about the challenges external recruiters will face in the future and it's not just about social media.
Recruitment more than ever before is becoming about networks, and utilising the reach of existing employees, social media allows for this effect to be amplified and reach a larger group of people. When you consider an organisation which has 5,000 people, who might have an average of 200 online connections each, the reach of your internal network is staggering (that's 1,000,000 people by the way). If people enjoy what they're doing they'll refer friends and contacts regardless and if you add an incentive (such as a referral bonus) they'll be even more likely to do so.
We are no longer in a market where a company will contact a recruitment agency first, and if they are to survive agencies are going to have to adapt. Greg Savage the CEO of Firebrand recently spoke about this and said, "There was, in the glory years, a period where a
company's default action was to go to a recruiter, and I don't think that's the
case anymore. Their default action now is to build in-house recruiting teams or
technology or go to job boards, so we've got to offer something
different".
The challenge for recruiters is going to be how to stay relevant, this will involve creating close relationships with candidates and gaining an in depth knowledge of client needs so that when a role arises they understand what type of person a client is looking for. When I worked within the HR team recruiting for specialist nursing positions I would receive calls from agencies presenting candidates that were not qualified and it was clear that the caller did not understand the roles I was recruiting for. This wasted my time (and theirs) and did not encourage me to contact them when I needed assistance with recruitment in the future.
It's not just about resumes, there must be a compelling argument to use an agency, 'external recruitment companies have to offer insights,
specialisation and access to hard-to-find talent'. Where an agency takes the time to get to know their client and can offer this specialist service they will be able to maintain these relationships and continue to be relevant.
A further challenge is that candidates are also changing how they approach roles and where they see that going through an agency is not going to be successful they are going directly to the source. This is really where social media becomes invaluable, LinkedIn is the bare minimum; but with Facebook pages for organisations and many people in decision making positions on twitter there is more access than ever before to the companies you want to work at.
The candidate experience is powerful and this is what I will be talking about this week at #ATCSM. You can follow the twitter stream for updates throughout the afternoon and to find out how candidates are turning the recruitment process on its head.
