Shaker Consulting Group Logo Virtual Job Tryout Logo

Author Archive

September 30, 2010

Social Media and Quality of Candidate | Candidate Competencies Vary by Source (Part 2)

A few months ago, I posted a blog on social media and quality of candidate. In the post, I suggested that we need to use HR analytics to evaluate this source of candidates not only by the volume of candidates generated but also by the quality of candidates produced.  We conducted some preliminary analysis using assessment scores from the client’s Virtual Job Tryout and candidate conversion rate (what percentage of candidates that actually hired from a source) as quality of candidate measures.  Results were somewhat mixed, but suggested that social media was generating a quality of candidate that was less than other sources used by the organization (e.g., referrals, job boards, etc.).

Candidate hiring rate varies by social media source

Well, we dug a little deeper into this data and a very interesting picture emerged.  When we looked at the data by the various social media sites used by recruiters, two surfaced as being particularly effective:  LinkedIn and Facebook.   Candidates sourced via LinkedIn performed much better on the pre-employment assessment than candidates sourced through other channels.  In addition, these candidates were hired at a higher rate than the typical candidate.  This pattern held true for Facebook as well, but the results were not as impressive.

Candidate quality varies by social media source

We also compared pre-employment assessment results for candidates surfaced from LinkedIn versus Facebook and found some differences that at first glance seem to make sense.  Candidates sourced through LinkedIn performed better on professionally oriented competencies such as Leads Courageously, Develops Others, and Achieves Results.  Conversely, candidates sourced via Facebook performed better on more socially oriented competencies such as Customer Focus and Works Well with Others.  Source can impact quality of hire.

While we have only scratched the surface here, these results from detailed HR analytics show that there is great promise and potential value to evaluating social media, as well as other recruiting sources, on the quality of its yield.  Further, the data suggests that different social media channels generate different types of candidates with unique competencies and characteristics.  Recruiters can use this kind of information to drive more strategic sourcing efforts by placing their bets on the channels that are best aligned with the type of candidate they’re looking to source.

Part 1

April 16, 2010

Pre-Employment Assessments, Social Media and Quality of Candidate

Social media is quickly becoming a way of life for recruiters.  It’s the hottest topic at recruiting trade shows, such as the recently held ERE Expo.  While many are venturing into this space, we still don’t know very much about the effectiveness of social media efforts.  Most of the statistics quoted to date are around number of candidates generated and share of conversation.  These numbers tell the story about increasing the candidate pool size, but they don’t answer the question, ‘are we attracting the right candidate?’.

We recently got our hands on some data that begins to shed some light on this question.  For one of our clients, we received a large data extract (over 20,000 candidates) from their Applicant Tracking Systems that included among other things recruiting source, one of which was social networking site.  We were able to link this data to quality of candidate indicators:  1) overall job-fit scores on our pre-employment assessment and 2) conversion rate.  By conversion rate, we mean what percentage of candidates that were hired from each source.  We looked at this data for two different managerial jobs.

For the entry-level managerial job, candidates sourced through social media performed below average on the pre-employment assessment and had a lower conversation rate than other sources.  These candidates were seen as less capable and it was reflected in the low hire rate.  For the mid-level managerial job, candidates sourced via social media performed above average on the pre-employment assessment, but had a below average conversation rate.  This candidate pool for the mid-level job was obviously lacking along other criteria in spite of performing well on the pre-employment test.  Taken together, these results suggest that social media isn’t generating the quality of candidates that this company is looking for.

While social media holds tremendous promise in the talent acquisition space, better and smarter data will help us apply these technologies in a way that truly impacts the bottom line – by connecting recruiters to great fit, rather than great volumes of candidates.

Part 2

RSS Feed LinkedIn