global workforce | SmartRecruiters Blog https://www.smartrecruiters.com/blog You Are Who You Hire Fri, 15 Mar 2019 12:16:02 +0000 en-US hourly 1 https://www.smartrecruiters.com/blog/wp-content/uploads/2019/04/cropped-SR-Favicon-Giant-32x32.png global workforce | SmartRecruiters Blog https://www.smartrecruiters.com/blog 32 32 7 Pros and Cons of Decentralized Hiring and Why Your ATS is Responsible https://www.smartrecruiters.com/blog/pros-and-cons-of-decentralized-hiring/ Tue, 05 Mar 2019 22:00:50 +0000 https://www.smartrecruiters.com/blog/?p=38275

Local hiring managers are frequently tasked with making recruiting decisions at many global organizations, but are their decisions only as good as the technology behind them? Decentralized hiring models are like beehives, with different company branches each managing their own roles to contribute to the organization’s overall success. This structure is common for many large […]

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Local hiring managers are frequently tasked with making recruiting decisions at many global organizations, but are their decisions only as good as the technology behind them?

Decentralized hiring models are like beehives, with different company branches each managing their own roles to contribute to the organization’s overall success. This structure is common for many large and enterprise-level companies, which benefit from shifting staffing and recruitment responsibilities to local hiring managers in order to streamline processes, boost productivity, and provide a greater candidate experience.

In these situations, decentralized hiring systems are more effective when paired with an innovative, collaborative, and flexible Applicant Tracking System (ATS) that fits the unique needs of the business while maintaining consistent employer brand throughout. There are also a number of additional benefits to this type of recruitment model:

1. Greater Productivity. Decentralized hiring quickens the pace of decision making so that hiring managers can move at the speed of their market.

2. Localized Experience. Hiring managers can select candidates based on their knowledge of local markets and the individual needs of their branch.

3. Personal Touch. Communication between candidates and the hiring manager is more individualized, which positively impacts the candidate’s experience.

4. Empowerment. Hiring managers can operate independently without unnecessary involvement from corporate headquarters.

All of these benefits sound great in theory; however they become a bit more convoluted because—just like that ice cream stand in the middle of the desert—a successful decentralized hiring process may very well be a mirage for some companies. Depending on the company’s ATS, implementing a decentralized hiring model could have a negative impact on business.

For ill-equipped hiring managers, battling industry challenges like shortages of skilled local talent becomes exponentially more difficult with a subpar ATS. Outdated systems unable to handle high volumes of resumes, provide realistic follow-up times, or lack collaboration & transparency into the hiring process often leave managers feeling isolated and unsupported. Without the right tools to make great hires, managers of decentralized hiring models may also feel:

5. Lack of Consistency. Without a clear sense of the company’s best hiring practices, local managers can easily run into problems of inconsistent branding, poor candidate experience, and clunky workflows.

6. Reliance on Contractors. Many hiring managers don’t have the time to play recruiter. This often leads to contracting outside agencies to provide specialized services, causing further strain on limited hiring budgets.

7. Greater Industry Challenges. Resource-strapped departments might flounder in the face of obstacles unique to their industry. For example:

Retail:

  • Challenge: Last year’s holiday sales accounted for nearly 20% of all retail industry sales. At the same time, approximately 1 in every 4 retailers are unable to hire enough temporary workers to meet the spikes in staffing needs during the holiday season.
  • Effect: An academic study of a large US apparel chain found that 33% customers who had a poor experience cited not being able to locate sales help as the main offender, resulting in at least 6% loss of all possible sales.

Manufacturing:

  • Challenge: Manufacturers report a moderate to severe shortage of skilled workers. Plus, a significant portion of the manufacturing workforce is nearing retirement age, and manufacturing careers not appeal to younger people entering the workforce.
  • Effect: The US National Association of Manufacturers warns that 2.4 million manufacturing jobs could go unfilled between now and 2028, according to a recent joint study with Deloitte.

Technology:

  • Challenge: Rapid growth and scale, along with fierce competition for top talent leaves many companies struggling to hire workers with specialized skills like: business intelligence, cyber security, and software development.
  • Effect: Seventy percent of IT companies expect challenges in hiring mid-level tech talent in the next year, particularly for cyber security jobs.

The immediate impact of many of these challenges affects many organizations’ bottom lines and employer brand. Tied to this is the impact on a business’ hiring metrics, from hiring velocity to NPS score. Best-of-breed technology solutions can address these industry challenges with robust functionality:

  • Source candidates through CRM and recruitment marketing campaigns
  • Complete transparency backed by on-demand analytics
  • Platform customization and global configurability across all locations
  • Intuitive UX and mobile functionality
  • Innovative service with continual improvements

End-to-end Talent Acquisition suites allow hiring teams to adapt processes to navigate each of these industry-specific challenges. This means that, in any situation, a hiring manager has the tools needed to attract, select, and hire the best talent on demand and on budget.

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Recruiting in Finance, What we can Learn from a French Firm Who Thought Global https://www.smartrecruiters.com/blog/recruiting-in-finance-what-we-can-learn-sia-partners/ Fri, 03 Aug 2018 14:05:24 +0000 https://www.smartrecruiters.com/blog/?p=37005

When a growing management consulting company needed an applicant tracking system to handle its global business, there was only one choice for the HR Tech that could meet and surpass their myriad needs. Co-founded in 1999 by Matthieu Courtecuisse, the firm started out in Paris in the financial services industry before developing expertise in energy, […]

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When a growing management consulting company needed an applicant tracking system to handle its global business, there was only one choice for the HR Tech that could meet and surpass their myriad needs.

Co-founded in 1999 by Matthieu Courtecuisse, the firm started out in Paris in the financial services industry before developing expertise in energy, telecommunications and media, transportation and logistics, and government. 

From day one, Sia Partners’ ambition has been to become a global consulting firm, working on cross-border engagements. Their first-ever assignment was with the World Bank, for a project in West Africa. In 2006 they opened their first international office, and have always pushed forward innovation. As the pioneer of Consulting 4.0, Sia welcomes the disruption of AI, invests in Data Science, and develops consulting bots. As a firm with a strong entrepreneurial spirit, Sia Partners launched its investment fund, Studio, in January, 2017. Their current portfolio includes Big Moustache, Livsty, and Cleep.

What parts of the world is Sia Partners the most active, and which industries are most prevalent in those regions?

The Group has an international presence with 20 offices in 15 countries, and employs people of over 40 nationalities. The two biggest markets are France—with offices in Paris and Lyon—and the US, with offices in New York, Houston, and Charlotte. Our international expansion has lead us to innovate our recruitment process, and we have developed several international programs to attack and retain new talent.

We created the first-ever international Gap Year Internship program in the management consulting industry, which gives students the opportunity to do their one-year internship in two locations. First, a six-month period in Paris, then New York, Hong Kong or Dubai for another six months. Our consultants also have the possibility of international mobility through our Associate Program, which allows consultants the possibility to work for three years in three different Sia Partners offices (one office rotation per year).

How long was it before the focus became truly global, and what did that do to your hiring process?

In a certain way, Sia Partners has always been a global-focused company. Since its internalization in 2006, we’ve recruited employees in each office through the VIE contract.

For VIE programs :

Collaboration between Paris (HQ) and offices for the sourcing and screening steps and, later, within the recruitment process to link each stakeholder

Impacts on the hiring process :

  • An increased exchange of information between offices to build a global vision of recruitment
  • Becoming global helped Sia Partners to develop international mobility thanks to new international programs. We moved from a local vision of recruitment where each office handled its own process to a collaborative approach.
  • New opportunities for our consultants: Sia Partners developed a structured yet dynamic international mobility policy through innovative programs such as our Open Track, Associate Program, and International gap year for students.

What was the TAS/ATS you used before SmartRecruiters? Can you walk us through what your sourcing and hiring were like before?

We had no TAS/ATS before going live with SmartRecruiters—every step of the recruitment process was done manually.

  1.      Job Posting: manually post the job opportunities on various job boards (around 20 job offers for France): LinkedIn, JobTeaser, CareerSite, and university websites.
  2.      Screening/Sourcing: a generic email address gathered all the applications. When a candidate applied, he or she received a confirmation by email. Regarding the number of applications received, we were not able to respond to each applicant individually when the application was declined.
  3.      Selected candidates’ profiles were shared by email to the Partners.
  4.      Interview steps: once again, interviews were manually planned by email. There was no shared agenda to help recruiters through the process. As a consequence, a lot of time was spent checking each stakeholders’ availabilities by email, and the candidate experience was negatively impacted.
  5.      Job offer internship: when the offer was accepted and the contract drawn up, all the information was transmitted by email. Recruiters, the HR team, and Partners used to discuss the details regarding the new employee and its arrival by email.

Joining the SmartRecruiters community was a huge and major step towards increasing our efficiency. We were able to gather all the information regarding our candidates and easily share them with our community and coworkers. The ability to post multiple open positions contributed to making Sia Partners’ presence on job boards continuous and more efficient. In fact, recruiters spend less time posting job opportunities and are able to focus on high value-added tasks.

What Smartrecruiters did to our hiring process :

  • Help the recruitment team build a complete automation of the multiposting process
  • Increase each recruiter’s autonomy and visibility on their scope
  • Improve candidate experience in various aspects:
    • Thanks to the SmartRecruiters portal, candidates can apply for a job, refer friends, modify and even withdraw their profile.
    • Every candidate now receives a reply to their application—and the response can be customized
    • An increased responsiveness to candidates’ solicitations
  • Data centralization, which helps Sia Partners to be compliant to new regulations (GDPR, for instance)
  • Ability to create and track analytics
  • Create a real community: all stakeholders are highly engaged along the recruitment process
  • Reinforce the collaboration between offices: recruiters are able to share candidate profiles and information between offices

What was the process of implementing SmartRecruiters?

Sia Partners went live with SmartRecruiters in November 2016, in France and also in our 20 offices across 15 countries. We worked in collaboration with the SmartRecruiters team, who helped us construct a personalized and intuitive tool that was implemented seamlessly within three weeks. Every user (around 100) was trained during that same period in France and in every Sia Partners office around the world. Sia Partners’ team developed communication tools to gather everyone around the implementation process as fast as possible.

The major result, by far, is the time saved posting job offers, and having centralized all information on a unique platform. Thanks to Smartrecruiters, the recruitment process became smooth and engaging, not only for recruiters and managers but also candidates who are now able to fully take part in their own process. Since November 2016, more than 40,000 candidates have applied through SmartRecruiters. Last but not least, SmartRecruiters also increased collaboration between offices and made the global hiring success at Sia Partners a reality.

What is something unique to hiring for Sia Partners that SmartRecruiters has made easier?

We significantly reduced our time spent on the overhaul recruitment value chain, which helped us to be focused on more added-value projects. As an intuitive tool, SmartRecruiters engaged everyone in the process and created a relevant recruitment track for candidates. Finally, it allowed us to share information and optimize processes that increased stakeholder reactivity.

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