HRO Today Forum APAC - Korn Ferry Focus

[Pages:27]THE ROLE OF RECRUITER IS IN QUESTION ? BUT HOW MUCH OF AN IMPACT WILL TECH REALLY HAVE?

HRO Today Forum APAC

November 12, 2018

Introductions

Pip Eastman

Managing Director, APAC Solutions, Korn Ferry RPO

Merissa Yeow

Global Client Solutions Director, Korn Ferry RPO

Tamara Sigerhall

Managing Consultant Korn Ferry Professional Search

? 2018 Korn Ferry. All rights reserved

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The digital journey will reshape the workforce...

RIGHT SIZE

RIGHT SKILLS

RIGHT SITE

RIGHT SHAPE RIGHT SPEND

Fewer humans? Or more as

automation enables greater capacity

Greater decisionmaking as

automation takes repetitive tasks

Location is deprioritized ? or changed in search of key digital talent

Networked, platform-based

structure

Data analytics means compensation and rewards are more optimally allocated

? 2018 Korn Ferry. All rights reserved

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A delicate ecosystem

HIRING MANAGER 61% recruiters have, at best, a

`low' to `moderate' understanding of the jobs.

77% recruiters' candidate screening is `inadequate'.

44% "Lack of Required Skills or Experience" among applicants is biggest recruitment challenge

RECRUITER

80% I have a `high' to `very high' understanding of the jobs. 51% Hiring managers `should do a better job communicating

what they are looking for in a candidate'.

54% of recruiters complain that hiring managers expect recruiters to place candidates into hard-to-fill positions more quickly than is feasible.

250+ Corporate job openings on average attracting applications so sifting is a major time factor.

CANDIDATE

83% of candidates say they would never apply again after a bad experience and 41% of job hunters have put their negative candidate experience down to being unable to contact a recruiter.

82% of employers think a negative candidate experience affects the company, and this extends to candidate's willingness to buy products from that company

29% of applicants don't even get acknowledgement that application is received

? 2018 Korn Ferry. All rights reserved

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INNOVATING ACROSS THE RECRUITMENT PROCESS

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Tech impacting the recruitment process

ENGAGE

Pre application assessment Realistic Job Preview (RJP)

Gamification

SELECT

Assessment Video Interviews Assessments Structured Interviews

SOURCE

AI Sourcing Engines

PLAN

Enhanced Job Profiling Benchmark Profiles Talent Analytics

HIRE

Assessment evaluation Pay benchmarks

ONBOARD

Better Candidate Experience Reduce Time to Impact 90-Day Development Plan

? 2018 Korn Ferry. All rights reserved

Benchmark profile

Profile Building

Experience

PLAN Soft & hard skills

Job context

Responsibilities

Benchmark Data

Compensation

Supply and Demand

Market insights

Recruitment Data

? 2018 Korn Ferry. All rights reserved

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How AI for sourcing works

SOURCE

Enhance the Job Description

Using best in class profiles and AI ? the system augments what the recruiter should be

looking for.

Korn Ferry Experience

The AI takes into account all of the Korn Ferry Experiences for this role.

01

03

05

02

04

Social Artifacts

Qualitative and quantitative information Candidates' readiness to move.

Studies the Market

Independently, it studies people in those

roles to identify what variables are key.

Localization

The AI looks to determine if it has worked with this location or recruiter before

? 2018 Korn Ferry. All rights reserved

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