LinkedIn’s 2024 Future of Recruiting Report #FutureOfRecruiting @LinkedInTalentSolutions

This week, LinkedIn released its latest Future of Recruiting Report, and as always, it was packed with great data for TA pros and leaders. LinkedIn has an absolute treasure trove of recruiting data, so this is always one of the reports I can’t wait to dig into.

What were their predictions?

  1. AI will supercharge recruiting.

This isn’t surprising as AI is on everyone’s mind across the entire enterprise. AI is changing work, and it will change how we recruit talent. Interestingly, we are still in the early days, so while it’s the #1 prediction, there still isn’t a lot of meat on this bone around how. That’s really the billion-dollar question everyone in TA is working to answer, including LinkedIn, which will have a giant advantage because of their parent, Microsoft, and Microsoft’s massive investment into OpenAI, which is out in the lead on GenAI. Stay tuned. I’m very interested in seeing what the LinkedIn product team is working on!

2. Recruiting will help build the skills-based workforce of the future.

This kind of gives you a bit of an answer to the first prediction. If recruiting is going to change, LinkedIn believes skills will be the answer to what recruiters will be shifting to in the future. Skills are definitely evolving, but it’s another massive understanding for organizations. Also, it’s just about skills. We still must consider the whole person and their fit into the culture. Just because someone has the skills to do the job doesn’t mean they’ll succeed at the job or within your unique culture. It’s still a work in progress.

3. Quality of Hire is top of the recruiting agenda.

As it has been for two decades! And yet, we still do not have an industry standard to measure QoH, nor do most organizations actually use it as a measure of success. Nor is it actually a recruiting metric! Here is where I think LinkedIn could espouse a measure and even build it for the industry. Currently, CrossChq is the closest to making this a reality within their product and consistently delivering a QoH metric that is reliable to the business (Editor’s note: CrossChq isn’t paying me – neither is LinkedIn – which seems like an opportunity!). The reality is that QoH can be a fantastic measure of success around talent for an organization, but you actually have to do it!

4. Agility will be a must-have for recruiting teams.

Again, see number 1. As the great Ferris Bueller once said, “The world moves pretty fast. If you don’t stop and look around once in a while, you could miss it.” Agility in TA means we need to stop guessing and be more data-driven in our decision-making. This means you have to stop using archaic measures like Time to Fill to understand talent acquisition.

5. Recruiting teams will advocate for flex work policies.

And higher wages. And better benefits. And managers that don’t suck. In the future, recruiters will advocate for anything and everything that will help them attract the best talent.

6. Attracting GenZ will require a new playbook.

Yes! And that playbook is as follows (Tim’s words, not LinkedIn!):

  • Good pay and benefits for the work
  • A chance to learn and grow within their role
  • An organization that cares about them
  • A manager and leaders they can trust
  • To be treated like an adult around work and life.

Okay, so maybe it’s not a totally new playbook…

You might look at the six predictions and think, “these could have been the same last year, and the year before” and you probably wouldn’t be wrong. Also, they might be the same next year. That’s what happens when you have a major technology shift happening. It’s hard to predict. But, these are six strong strategy pillars for TA leaders to build around for the years to come.

Go download the report – there’s a massive amount of arts and charts, and data in it!

2023 @LinkedIn Research Proves Compensation is Number 1 Priority for Employees! #GlobalTalentTrends

LinkedIn Talent Solutions flat-out gets me! They recently released their 2023 Global Talent Trends report, and you all know I’m a nerd for talent data, and this report is always impressive. I encourage you to download and check out this report (2023 LinkedIn Global Talent Trends report).

Here are my takeaways:

  • Hiring is slowing down from its historic pace over the past few years.

While slowing, it doesn’t necessarily mean it’s equal across all industries and segments. Tech hiring has taken a huge hit, but hospitality, healthcare, and education remain challenging.

  • Internal mobility is taking a foothold in the consciousness of workers. We’ve always known that changing companies and jobs is very stressful. One of the most stressful things you’ll go through in your lifetime. So, finding ways to keep your workers by allowing them to move within the company is an excellent way to increase retention and job satisfaction. Interestingly enough, LinkedIn Talent Solutions found in this most recent report that older generations are actually finding more success with internal mobility than their younger counterparts, generationally. GenX experiencing the highest internal mobility rate of all the generations. Most likely, this is because the more experience you have and the deeper your professional network, the more desired you’ll be by other functions and departments within your own company.
  • We can finally erase the decades-old quote, “People don’t leave jobs. They leave managers”! I’ve always thought that quote was B.S., but people would show “academic” research to prove it. Well, now I can prove it’s wrong with this research!

SHOW. ME. THE. MONEY!

LinkedIn actually measured 15 priorities that employees value. Where did “Management” and “Leadership” fall in those 15? 9 and 11, respectively!

Also, another huge takeaway we’ve been trying to sell as thought leadership for the last two decades is great talent wants to work with other great talent. Actually, “Talent” as a priority, meaning, it’s important to you and your career that you work with other highly talented people, actually came in at 15 out of 15! We don’t care about that at all, in comparison.

“Security” will continue to raise up the chart as the economy slows and finding and keeping a job gets harder. It’s currently seventh on the list, but it was much higher in industries like Tech, which has been hit hard by job losses.

The report is jammed packed with amazing data and insights. Go check out the full 2023 LinkedIn Global Talent Trends report.

“X” Won’t Respond to Me on @LinkedIn! How can I get them to respond? #SHRMTalent

I’m out in Denver this week at the SHRM Talent Conference. It’s packed with talent acquisition pros and everyone is super excited to be out and share, so the conversations have been really dynamic!

I got involved with a group of TA leaders where one asked the question: “We (their recruiters) can’t get software engineers to reply on LinkedIn. Does anyone know a way we can make that happen?” The next leader said, “Oh, we are having the same issue, but with accountants!” And then another in Healthcare. Basically, all of their teams were struggling to get responses on LinkedIn.

Oh, you all, are my people! Let’s talk shop!

I find there are a few kinds of people that will respond on LinkedIn without too much trouble:

  1. People who actually know you. Turns out, “network” is and should be about folks you actually know.
  2. Recruiters and Sales People. No explanation is needed.
  3. Life Coaches. See #2.
  4. Catfish and Scam Artist. I would think the LinkedIn algos could weed a lot of this out, but it just seems to grow.

Everybody else is really hard to get to respond to, especially if there’s no connection and it’s a cold outreach.

I’m going to answer the main question with a question. Don’t you hate that! Here’s my question: “If they won’t respond to you as a recruiter, who would they respond to?”

Take a minute, gather stakeholders, and answer that question.

If I’m a software engineer, and there’s a professional networking site I’m on, who would I normally respond to?

  • People I’m connected to through work, school, life, etc.
  • People I view as peers or superiors in my career.
  • People who think might be able to offer me some value. (No, your job isn’t of value to them)

If this is the case, why are we having recruiters reach out to candidates on LinkedIn at all? Why aren’t hiring managers and organizational leaders reaching out? That’s really the question! A potential candidate is exponentially more likely to respond to a peer in their skill profession or leader in their skill profession or an executive from your company.

Why?

Because they feel like that “direct” connection has value. If I’m a software engineer and VP of Engineering from a local company reaches out to connect with me, I’m much more likely to connect with this person. If I’m a manager or some function and the CEO of a company reaches out to me to connect to share leadership philosophy, I’m almost always going to accept that connection.

How do I get my Hiring Managers and/or Executives to do my Sourcing on LinkedIn?

Well, if the pain is enough for the organization you might be able to make this happen, but the reality is, it won’t be consistent enough to make a difference. The better way is to have your TA team partner with these folks and allow them to run their accounts. If I support the VP of Engineering, I’m 100% sure I would have a relationship where she would allow me access to her LinkedIn. This would happen because I would be beyond professional in using it and also give her a weekly activity report of what I did and what happened.

I’ve done this with both LinkedIn and their work email. In a way, I’m their AI bot! I’m going to use your profile to help us attract talent, and when we find someone with interest, I’ll do a transfer from you to me as the recruiter, so the candidate is left to believe a handoff happened and it’s going to be an awesome experience.

Some people think this is deceitful. I get it, but I don’t truly believe it’s different from acting like your chatbot or our crappy mass email that is made to look like it’s personal but it’s just automation. I’m not trying to deceive the candidate, I’m trying to make a connection with them and one of my leaders, in hopes that turn into interest.

Tell me why or why not this wouldn’t work in your organization?

Mailbag: Can an experienced Recruiter be any good with 378 LinkedIn Connections?

I had a Talent Acquisition Leader reach out to me this week. She is having a hard time hiring recruiters and was looking for some insight. Now, she was looking for more of a professional generalist recruiter. Someone who can hire some hourly, but also corporate positions that include: finance, IT, operations, marketing, etc.

She mentioned she had gotten a resume of a recruiter who had four years of experience, but when she looked her up on LinkedIn, she only had 378 connections. Could this recruiter be any good with so few LinkedIn connections?

The Answer

No.

Okay, before you become unglued, let me explain.

Let’s say this four-year recruiter was only hiring high volume hourly. That would mean this person would never spend time on LinkedIn, since hourly workers, for the most part, do not have profiles on LinkedIn. So, now you’re thinking, “yeah, Tim, LI connections don’t matter for this person so they could be a great recruiter!”

Still, I say no!

Because, for me, a great recruiter builds a network of other recruiters and sourcers to constantly learn from. It basically takes almost no effort or skill to connect with 500 other recruiters, sourcers, HR pros, and your personal network on LinkedIn. Once you get to the 500 mark, no one knows if you have 501 or 30,000.

I challenge my own entry-level recruiters that have no recruiting experience to get to 500 connections as quickly as possible. Within six months, they should be able to do this very easily. So, if you run into a recruiter who is three or four years into their career, and they are under 500, they are showing you that they probably have very little interest in expanding their network and learning from others.

500 LinkedIn connections are like training wheels for a recruiter. I don’t expect every profession to have over 500, but recruiters, sales pros, and people looking for jobs should always have over 500. There’s no reason not to, it’s literally the easiest professional networking available to everyone for free.

Do more LinkedIn connections then equal someone is a better recruiter than another?

No.

But, wait, you just said…

Recruiters, of all types, need to get to 500. After that point, it really becomes more about the quality of the connections that you build. If you just accept every Open Networker on LinkedIn, that network will be full of Life Coaches and Pyramid Scheme sellers!

Great recruiters build networks that help them learn more and recruit better. I would say once you establish a network, you then become much more selective about who you invite and which invites you to accept. Right now, with my network that runs over 20,000, I only accept about 1/3 of the invitation requests I get based on the criteria I want in my network.

I know recruiters that quickly maxed out their LinkedIn networks with garbage and had to go back and scrub their networks, and it’s very time-consuming. But, I also see recruiters who switch industries and skills who do this as well. Your network should grow and change with you based on where you are at in your career.

So, LinkedIn connections matter and they don’t. That’s just reality in today’s world of recruiting. Whether you are recruiting doctors or truck drivers, you should still be using LinkedIn for your own professional development on an ongoing basis.

Your LinkedIn Newsletter Sucks, and Other Truths No One Is Telling You!

Before I get into this rant, let me give a shoutout to Hung Lee. Hung runs the Recruiting Brainfood newsletter out of the UK and it is seriously the best recruiting newsletter on the planet. Also, Hung believes everyone should start a LinkedIn Newsletter, which leads me to believe that maybe he caught the Covid or something and his brain is slipping!

First off, is there a glitch in the Matrix or something? Since the beginning of the year, I’ve seriously received over 50 LinkedIn Newsletter invitations. Somedays I’m getting over 5 per day! What the heck is going on?

Second off, no one needs all these dumb newsletters!

Have you seen some of these!? Most are bad life coaching newsletters or professionals who are working at home and just flat bored with nothing else to do. I have yet to receive one that looked half-interesting. Here’s a sample of the newsletter titles:

  • Leadership and You
  • The Cup’s Half Full Newsletter
  • Leadership Insights
  • The Thoughtful Leader
  • The Top Talent Newsletter

Reading these again just made me fall asleep, where was I again?

Why Shouldn’t You Start A LinkedIn Newsletter?

You shouldn’t primarily because you won’t sustain it and ultimately it makes you look like you’ve got a follow-through problem professionally!

Look, here’s the deal. Most people suck at writing. Some are good, but will just run out of things to say in around ninety days. Either way, all of these newsletters will just sit there with old content. Then one day, someone will find it and their first thought won’t be, “OMG! This newsletter is amazing and changed my life!” It will be, “this is odd, this person hasn’t written in 18 months, I wonder if the Covid got them!?”

To Hung’s belief, yes, everyone has a voice. But this is where Hung I part ways. He believes because you have a voice you should use it. I believe most voices suck! If yours sucks, don’t use it, use something else you’re good at! What the last twelve years of writing have shown me is most people’s writing voice isn’t very good, and no one wants to read it. But you’re bored and you think what the heck, someone might turn their life around by me sharing my “Thoughtful Leadership” thoughts, but they won’t, in fact, you might actually be the catalyst that finally pushes them over the edge! Let that sink in, you LinkedIn Newsletter Murderer!

By the way, this is not an indictment on LinkedIn! That would be like me blaming Taco Bell for fat people. No, Taco Bell is awesome, I love it. My low willpower is to blame, not Taco Bell. I don’t blame LinkedIn for stupid people. LinkedIn just provided a great tool for stupid people to spread their stupid. How did LinkedIn know stupid people wanted to share their stupid?

Another reason you shouldn’t start a LinkedIn Newsletter is that you actually don’t have an opinion. “Racism is bad!” Groundbreaking, thanks. Any other hot takes, Sparky? You actually have to have an opinion. Have a legitimate take on something. Stating the obvious, while probably be cathartic at some level for you, isn’t readable!

This isn’t to say that LinkedIn Newsletters can’t be ultra-popular. One of the Top 5 LI Newsletters is a dude who gives career advice. He has over 750K followers. I’m sure it’s great stuff, like, don’t stink and don’t throw up during an interview. All the ‘real’ stuff job seekers need to know. I haven’t read his newsletter but I’m guessing he had a 13-minute career as a recruiter which makes him highly qualified to now give out this life-changing advice.

I know. I know. You’re going to make so many new sales and clients with your newsletter, plus your Aunt Jenny who’s a retired accountant told you how great she thinks it is. No, you won’t and No, it’s not. Stop it. Stop sending me your damn invites. I hate your Newsletters! They’re awful! Someone needs to tell you the truth!

Okay, I have to go start my Linkedin Newsletter before I miss out on this gravy train!

Why Does Spam Recruiting Work?

I just got done deleting the 17th phishing email from my personal email inbox today. Comcast, Amazon, Princes from far-off lands, I’ve never been more popular and, apparently, soon to be rich!

I was asking our Cyber Security company why phishing is still such a big deal. I mean don’t we all know by now that some Nigerian Prince isn’t going to give us a million dollars, or that Amazon doesn’t send us emails asking for our credit card numbers, or passwords!? There is no way someone can be this stupid, right!?

Apparently, I’m way wrong, we are all still a lot stupid! 

The reason phishing and spam are not because they are really tricking us. It’s the sure volume of messages and cadence. While we can all spot a fake fairly easily, can you always spot a fake when it’s sent a thousand times, all different times, with all different designs and strategies. Scammers will send a million to get one click. That one click will pay off.

Therein lies the strategy of why Spam Recruiting still works. It’s not about being good, or the best, it’s about being there all the time, knowing a certain percentage of the time will be the right time! Do we like it? Well, I guess that depends on who you are. If you happen to be that one person who gets the spam recruiting message at the exact time you’re desperate for a job, then yes, you will like it!

If you are the superstar performing software engineer getting twenty spam recruiting messages a day, you hate our industry!

Spam Recruiting Works Because It Works Some of the Time

I have never met one American-based TA Leader who believes that Off-Shore Recruiting firms (you know the off-shore RPO spam emails you get constantly all day long) actually are good. For the most part, they don’t recruit, they spam. Because they pay next to nothing to their workforce, they can spam a whole bunch and still make money, even if the entire process truly sucks.

They don’t have to be good. When you’re being paid like $10 a day, all you have to do is spam a couple of thousand people a week to get one placement a month and you’re making a profit for the “man”! Any company engaging in off-shore recruiting for hiring in the U.S. is basically engaging in slave labor. But, I digress. Back to crappy recruiting.

Bad recruiting is a lot like bad sex. If you really need a job, you don’t care how you get it. Which perpetuates you just continuing to be bad.

Spam recruiting works, and will always work, because the world will always have candidates who just need a job. They don’t care that you’re awful at your job. They don’t care that you are spamming them. All they care about is getting the job. Also, if you do care. If you do hate bad spammy recruiters. It turns out you also are fine with them being awful when you’re out of a job!

Spam works because we are all vulnerable at some point. It feeds on us being weak, naive, and desperate. But, at the end of the day, it works. It doesn’t work well. But it does work. And that sucks.

1 Free Job Posting from @LinkedIn if You Read This Post!

Pretty cool news coming out of LinkedIn this week! LinkedIn has made a few changes to help job seekers (#ImOpenToWork photo frames, Career Explorer, free skill courses, etc.) and also will be helping employers, especially SMBs, who need help connecting with this talent with FREE job posts! No, really, you don’t have to put a credit card or anything – no bait and switch!

Check out the video below…

How do we post that FREE job? 

Basically, if you’re a hiring manager, HR, TA, etc. and looking to hire, you just go and create a new job posting. You can find the job posting button by going to your main LinkedIn feed page, going to the upper right-hand corner, and clicking on “Work”. A drop down will show you a “Post a Job” button and you can click on that.

For SMBs who aren’t already using LinkedIn to post jobs, you will get one free job post to use. If you fill that job, you can post another. Basically, you get one free job to post at a time. If you are an enterprise LinkedIn user, you’ll get pushed into your account to post a job.

Once you add a job, you will be given the option to add the “Hiring” frame around your profile picture.

Check out this LinkedIn Blog post for additional details and links.

It’s pretty rare for an organization like LinkedIn to give away something so valuable for free! We know LinkedIn job postings work, we also know they can be quite expensive for SMBs to use.

I’m sure the cynics will say this is just another way LinkedIn is getting more people to use the platform and get addicted. Maybe! But, if it works, who cares! And, if it works and it’s free for an SMB to test, seriously, that’s a great thing! Take advantage!

Go post a job out on LinkedIn and then send me a note and let me know the results! I’m super interested to see how this works for everyone!

 

@LinkedIn’s Future of Recruiting Survey says the #1 Skill for Recruiters in 2020 is… @LinkedInNews

I know you hate clickbait headlines, but they work, plus I know you want to know, so why give it away in the title! I mean I don’t get paid for my dashing looks and witty charm! Thank goodness!

LinkedIn launched its 2020 Future of Recruiting survey results today and it’s one of my favorite content pieces to comment on. Click through the link to download it for yourself, it’s packed with interesting data around talent acquisition and recruiting!

The #1 Skill for Recruiters in 2020 is…Adaptability!

Did you guess that? I didn’t. I think I could have probably could have had 50 guesses on not got that one. Here are the others:

Fastest growing skills for recruiters in 2020:

● Personal Development +44%

● Diversity & Inclusion +42%

● Talent Pipelining +37%

● Decision-Making +34%

● HR Strategy +30%

Okay, I can see personal development being high on the list, since 2020 has brought a lot of quality time working in remote settings and high unemployment numbers for recruiting pros, I think most people have been thinking about their personal and professional development.

I actually would have guessed D&I would have been #1. 2020 will be remembered for a few things – Covid, Social Justice, and the U.S. finally getting a sane person in the White House. So, from a talent acquisition perspective, I would have guessed diversity and inclusion recruiting to be the top priority.

HR Strategy actually makes zero sense to me! So, you’re in talent acquisition and your most needed skill is HR Strategy? Quite frankly, it makes you question the results overall. How could that be? Talent Pipelining? Yep! HR Strategy? Nope! But, it’s 2020, weird times.

Another big eye-opening stat from the report:

70% say Virtual Recruiting will become the new standard!

Okay, this one will take some explaining and background. First, what do you mean by “virtual recruiting”? So, for this data, that basically means, the process we have for recruiting can be done virtually. Sourcing, video interviewing, online assessments, etc., can all be done virtually, so I guess, yes, in that case, “virtual recruiting” is the new standard.

But, honestly, most of that stuff was already fairly standard.

I think the bigger aspect is Recruiters believing they’ll continue to be virtual/remote after Covid. I think Covid has shown organizations that in a pinch, yep, recruiting can be done virtually. But, every organization will have to truly decide is it better or the same as before, or possibly worse?

I’ve spoken to a number of F500 executives who aren’t super keen on remote recruiting because the relationships with hiring managers are worse, synergies amongst the TA team aren’t as robust, and brainstorming around testing and how to improve seem weaker in remote settings. Some of that can be improved, but it still comes down to leader perception.

We’ve been automating recruiting since the first Caveman needed a new assistant to track dinosaur migration patterns, so the fact that we’ll continue to automate and be able to recruit from anywhere in a mostly Saas environment should not be surprising to anyone.

Go download the new report. Some really good stuff around TA budgets and everyone’s favorite new topic, Internal Mobility, as well.

You’re Going to Jail because of your LinkedIn Profile Pic!

Breaking News from down under! An Australian woman lied on her resume and used a fake picture on her LinkedIn profile and those facts were used in a trial where she was sentenced to over a year in jail! Let’s face it Australia is kind of like the Florida of countries.

From the article:

Veronica Hilda Theriault, 46, was convicted Tuesday of deception, dishonesty, and abuse of public office, relating to her 2017 application for the chief information officer role, which came with an annual salary of 270,000 Australian dollars (US$185,000).
Theriault worked in the position with South Australia’s Department of the Premier and Cabinet for over a month and earned about 33,000 Australian dollars ($22,500) before being fired.
She pleaded guilty to all charges and received a 25-month sentence with a non-parole period of a year…The court heard that she submitted a fraudulent resume to the department with false information relating to her education and prior employment. After she was granted an interview, she also posed as a previous employer during a reference check, in which she “gave glowing feedback” about her own performance.
But the lies didn’t end there. In earlier submissions, the court heard that Theriault used a photo of supermodel Kate Upton as her LinkedIn profile photo, according to CNN affiliate 7 News.

Can you imagine if we put people in jail for lying on their resume or using doppelganger photos on their LinkedIn profile!?! Half of our employees would be in jail!

Well, don’t think it can’t happen in the US! This position was for the Australian government. Turns out, if you lie to the government when getting a job, you might end up in jail! Not only in Australia but pretty much every country! I can only imagine how many employees of the US government, state and local governments, who have access to secret level information who have ‘exaggerated’ on their resume! It has to be upwards of 20% or more.

Now, this person flat out lied and probably has some severe mental issues. Which begs the question, how the heck could this happen for such a high-level position?

Quite simply, Malcolm Gladwell wrote an entire book (Talking to Strangers) about this simple idea. We all, all of us, default to truth. We believe what people are telling us, and we are awful at spotting liars. The higher the level of position, the worse we get. “Oh, she has an outstanding resume and background and education and she looks just like Kate Upton! She must be telling us the truth!”

We. Are. Stupid.

Once we actually come to grips with this fact, we might get slightly better at talent selection and interviewing. We assume everyone is telling us the truth when we interview them. We rarely believe someone is lying. “Oh, they wouldn’t lie, they really want this position! And I know her cousin, and she goes to church, and…” We are all biased in this same way. We do not want to believe someone would lie to us.

I think it would actually do some good if we started putting people in jail or lying on their resume, or at the very least for using LinkedIn profile pics that look nothing like you do now! “Oh, Hi…you’re “Tim”!? I didn’t recognize you, I mean immediately!” (Internal voice – “with that extra 25 pounds and no hair, from your LI profile pic that is clearly ten years old!)

I want to be the HR leader at court for the case where we’re trying to put someone away for their stupid, fake LI profile pic! That’s the pinnacle of HR!