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Moving Forward Together: Insights on Talent Management from Asia Pacific
The document outlines a virtual event hosted by LinkedIn discussing talent management and internal mobility strategies in the evolving workplace landscape. It highlights the importance of creating economic opportunities for professionals, tools for recruitment and employee development, and insights on hiring trends across various countries. Additionally, it emphasizes the benefits of internal hiring practices to boost employee engagement and retention in light of changing workforce dynamics due to the pandemic.
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Moving Forward Together: Insights on Talent Management from Asia Pacific
- 1. Moving forward together Magdalene Ang APACProduct Marketing Lead LinkedIn Isabel Choo Senior Insights Analyst, LinkedIn Muhammad Anwar Azees Customer Success Manager, LinkedIn Insights on Talent Management
- 2. • You aremuted • Submit questions in the chat box • Please fill out the post-session survey • Recording will be available post-event Before we get started Type your question here Submit a question in the chat box, and it will be answered either within the chat, or during the Q&A section of the presentation.
- 3. We’re in ittogether LinkedIn mission and visionAgenda 1 2 3 4 5 Stay informed Key trends and insights Stay connected Discussion and best practices Stay productive New product updates Stay curious Live Q&A
- 4.
- 5. Vision Create economic opportunityfor every member of the global workforce. Mission Connect the world’s professionals to make them more productive and successful.
- 6. Our most importantcompany value. Members first
- 7. A digital representationof the global workforce
- 8. The culture ofbusiness is changing Beyond • Shareholders first • Near-term financial success • Talent assembled based on credentials and past accomplishments To • Employee first • Long-term purpose- driven impact • Diverse talent built based on capabilities and potential
- 9. Multiple transformations areaccelerating the future of work. Digital: data/technology AI, automation, and data are democratizing the playing field. Virtual productivity creates a competitive edge. Workforce: skills gap/DIBs A focus on diversity and inclusion is reshaping companies, while the pandemic has created a new world of remote work. Workplace: remote/flex work Human intellectual capital is no longer location-constrained. Remote teams are powering technological innovation.
- 10. The companies that winwill make people success their priority. When your people succeed, your organization succeeds.
- 11.
- 12. -60% -40% -20% 0% 20% May 1 May15 May 29 Jun 12 Jun 26 Jul 10 Jul 24 Varying stages of global hiring growth. LinkedIn Hiring Rate by Country - Y/Y % Change United States Hiring momentum held at the start of July, but has plateaued after a brief dip mid-month Hiring rate is a measure of hires divided by LinkedIn membership. This analysis looks at the year-on-year changes in hiring rate. Source: LinkedIn Platform Data, May 01– July 31, 2020 Australia China Singapore United Kingdom United States
- 13. -60% -40% -20% 0% 20% May 1 May15 May 29 Jun 12 Jun 26 Jul 10 Jul 24 Varying stages of global hiring growth. LinkedIn Hiring Rate by Country - Y/Y % Change United Kingdom Slow recovery, hovering around -20% year-over- year in end-July Hiring rate is a measure of hires divided by LinkedIn membership. This analysis looks at the year-on-year changes in hiring rate. Source: LinkedIn Platform Data, May 01– July 31, 2020 Australia China Singapore United Kingdom United States United States
- 14. -60% -40% -20% 0% 20% May 1 May15 May 29 Jun 12 Jun 26 Jul 10 Jul 24 Varying stages of global hiring growth. LinkedIn Hiring Rate by Country - Y/Y % Change Hiring rate is a measure of hires divided by LinkedIn membership. This analysis looks at the year-on-year changes in hiring rate. Source: LinkedIn Platform Data, May 01– July 31, 2020 Australia Continues to show slow but steady growth from lows of below -40% year-over-year Australia China Singapore United Kingdom United States United States United Kingdom
- 15. -60% -40% -20% 0% 20% May 1 May15 May 29 Jun 12 Jun 26 Jul 10 Jul 24 Varying stages of global hiring growth. LinkedIn Hiring Rate by Country - Y/Y % Change Hiring rate is a measure of hires divided by LinkedIn membership. This analysis looks at the year-on-year changes in hiring rate. Source: LinkedIn Platform Data, May 01– July 31, 2020 China Gradual recovery in China but hiring has not moved back into positive year-over-year growth since mid-June Australia China Singapore United Kingdom United States United States United Kingdom Australia
- 16. -60% -40% -20% 0% 20% May 1 May15 May 29 Jun 12 Jun 26 Jul 10 Jul 24 Varying stages of global hiring growth. LinkedIn Hiring Rate by Country - Y/Y % Change Singapore Hiring continues to recover from lows of below -30% year- over-year in May Hiring rate is a measure of hires divided by LinkedIn membership. This analysis looks at the year-on-year changes in hiring rate. Source: LinkedIn Platform Data, May 01– July 31, 2020 Australia China Singapore United Kingdom United States United States United Kingdom Australia China
- 17. Turning challenge intoopportunity: Empowering your talent from within
- 18. at companies withhigh internal hiring compared to those with low internal hiring The right mobility strategy helps you retain top talent ● Give employees the ability to pursue their career goals ● Transfer institutional knowledge to new roles ● Hold onto top performers, even during department cutbacks 41%Employees stay longer of employees will stay at a company longer if they have meaningful development opportunities 94% Source: LinkedIn Workplace Learning Report, 2019
- 19. Right now, employeesare paying close attention to the experience employers provide. By charting new pathways for people who might otherwise be let go, you can: • Boost employee morale • Improve engagement and loyalty • Grow your reputation for future employees Create an experience people will talk about During COVID-19, employees felt more positive about their employee experience than their actual work. Topics with the most positive comments included: Source: Glint, COVID-19 Insights, 2020
- 20. Interesting pathways we'veseen among LinkedIn Learners: Business Analyst Project Engineer IT Solutions Specialist Product Owner Project Manager Solutions Architect Pivot to meet changes in the market, whilst growing a more agile workforce
- 21. 30%of recent recruiterjob changes globally were internal transitions In APAC, top job titles former Recruiters found their next roles in include • HR Executive • HR Manager • HR Business Partner • Recruitment Manager • HR Specialist Outside of Human Resources, top job functions Recruiters moved into include • Sales • Business Development • Information Technology • Operations • Marketing Career Transitions for Recruiters in APAC Source: LinkedIn Talent Blog: The Most Common Career Transitions for Recruiters, 2020
- 22. For more ofthe latest Asia-Pacific workforce trends lnkd.in/thinkinsights
- 23.
- 24. DiscussionBest practices forinternal mobility and talent deployment Update speaker Magdalene Ang APAC Product Marketing Lead LinkedIn Muhammad Anwar Azees Customer Success Manager, LinkedIn
- 25. Existing tools and processesin place to identify internal positions and potential fit for internal talent? Key questions for your Internal Mobility strategy Do you track key skills or have a repository of employee career aspirations? How can you further enhance internal collaboration?
- 26. 1. Formalize theprocess for greater diversity 2. Prove the payoff 3. Connect TA with L&D Tips to improve your internal recruitment
- 27.
- 28. Tools for theentire talent journey Plan a workforce that prepares you for the future Hire people with the specialized skills you need Develop a culture that puts people at the center of your business
- 29. LinkedIn Talent Solutionshelps talent-first companies build and develop winning teams by providing intelligent tools and unique insights. Plan Build an informed strategy. LinkedIn Talent Insights Hire Recruit more efficiently. LinkedIn Recruiter LinkedIn Job Postings Recruitment Ads LinkedIn Career Pages LinkedIn Talent Hub Develop Empower your employees. LinkedIn Learning Glint The LinkedIn Talent Solutions promise
- 30. Plan Hire Develop Plan Buildan informed strategy.
- 31. Talent Insights Informed talent decisions, poweredby real-time insights 48,414 2% Very high This talent is very hard to hire 16% 84%
- 32. Answering your toughest talent questions. TalentInsights ü Pipeline for the future ü Source talent more effectively ü Address current and future skills gaps
- 33. Automated Insights allowsyou to stay on top of the talent landscape, so you can make proactive hiring decisions • Surfaces personalized information on target talent pools • Uses machine learning to make smarter recommendations over time • Located directly in your flow of work Drive talent decisions with Automated Insights Talent Insights
- 34. Talent Insights Discover our firsttwo Automated Insights. Spikes in hires / departures within your target talent pools — on your LTI homepage Personalized insights based on your Recruiter searches — to your Inbox* Arriving this month! *Only available for customers with both Talent Insights and Recruiter.
- 35. Plan Hire Develop Hire Findand recruit the best talent efficiently.
- 36. New profile photoframe and feed hashtag on LinkedIn.com Allows members to indicate their availability as “Immediate” or “Flexible” Language update for the Open to New Opportunities spotlight in New Recruiter & Jobs Introducing #OpenToWork #OpenToWork Helps job seekers connect with recruiters and ask for support from the LinkedIn community.
- 37. #OpenToWork A quick look athow it works Select the roles you’re interested in, then let others know you’re looking.
- 38. #OpenToWork #OpenToWork on LinkedIn.com When memberschoose to share their ‘Open to work’ status with the entire LinkedIn community: • A green photo frame is automatically added to their profile photo • Members are prompted to make a post on their feed using the hashtag
- 39. #OpenToWork #OpenToWork on New Recruiter& Jobs When recruiters apply the 'Open to work' Spotlight filter, candidates who’ve shared their status with all LinkedIn members will appear with a green photo frame. Members sharing their status with recruiters only will appear in the spotlight search, but will not have a new profile photo frame.
- 40. Skill Assessments The shiftto skill-based hiring Find better matches faster by focusing on members with standout skills.
- 41. Skill Assessments Find theright hire with badges in your search. Skill Assessments can help you find “hidden gem” talent by expanding your talent pool. 84assessments covering tech, business, and design 3.8M badges have been earned on the platform as of July 2020 total assessments launched on the platform by end of 2020 100+
- 42. Candidates who earn SkillAssessment badges have a greater chance of getting hired* Skill Assessments *Based on correlational study of Skill Assessment score and hiring outcomes. Candidates must score in the top 30th percentile to pass a Skill Assessment — only the highest quality candidates can earn a badge. • LinkedIn third-party subject matter experts write and vet all LinkedIn Skill Assessments. • Skill Assessments are adaptive, like standardized tests, ensuring rigorous testing Demonstrates exceptional knowledge. 20%
- 43. Candidate messaging Candidates canadd a message (and context) to their “Yes or No” InMail responses. • Receive a single response including the message from the candidate • Get more context on candidate interest from their message • Prioritize your outreach and spend more time with interested candidates Improved Accept/Decline messaging Y O U S P O K E , W E L I S T E N E D
- 44. Name pronunciation New audiofeature helps you make a great first impression with candidates. • A person’s name is a fundamental aspect of their identity • Pronunciation is just as important as the name itself • Hear the correct way to pronounce a candidate’s name Learn how to pronounce a candidate’s name. Y O U S P O K E , W E L I S T E N E D
- 45. Trending Employee Content JobDetails pages now include Trending Employee Content. • Promote your company culture • Engage potential applicants while they’re considering your role. • Provide a more engaging experience for job-seekers Showcase your employer brand
- 46. Drive more PipelineBuilder leads, right from Campaign Manager. • Engage people most likely to submit a Pipeline Builder form • Aligns your media spend with your business goals • Improved ROI — more than just impressions and clicks. Talent leads now optimized for conversion Enhanced CPC
- 47. Job Applicants analytics JobApplicants analytics create improved ROI transparency, giving you a deep dive into key data. • Job Apply Rate • Cost Per Job Apply • Proves the value of campaign budget further down the hiring funnel Explore the metrics that matter.
- 48.
- 49. Live Q&A We’re ready toanswer your questions.
- 50. Three things toremember Internal mobility Redefining your internal mobility strategy could offer new solutions and opportunities. Check out curated resources on internal mobility here. Virtual Event: How to Build a Diverse Talent Pipeline Join talent leaders as they discuss how to create a diverse talent pipeline and build a more inclusive workforce. Sept. 30 (Look out for the invite!) #OpenToWork Whether you’re currently hiring or pipelining for the future, this new spotlight makes it easier to find active job seekers.
- 51. We’d love tohear your feedback. Thanks for joining us! Before you leave… Your feedback helps us make updates with you in mind. Please take the survey. You can access it by clicking on the survey icon in your console.
- 52. For more informationand resources, visit https://lnkd.in/lts-updates Thank you