the human capital advantage 3 000 20 12 million growth
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THE HUMAN CAPITAL ADVANTAGE 3,000% 20% 12 Million Growth Market - PowerPoint PPT Presentation

THE HUMAN CAPITAL ADVANTAGE 3,000% 20% 12 Million Growth Market Share Cars Sold ACCESS TO PROCESS PERFORMANCE VELOCITY TALENT EFFICIENCY ACCESS TO TALENT U.S. Unemployment 1990-Present 10.0 JULY 2019 3.7 % 7.0 5.0 1990 1994


  1. THE HUMAN CAPITAL ADVANTAGE

  2. 3,000% 20% 12 Million Growth Market Share Cars Sold

  3. ACCESS TO PROCESS PERFORMANCE VELOCITY TALENT EFFICIENCY

  4. ACCESS TO TALENT

  5. U.S. Unemployment 1990-Present 10.0 JULY 2019 3.7 % 7.0 5.0 1990 1994 1998 2002 2006 2010 2014 2018 BUREAU OF LABOR STATISTICS, AUGUST 2019

  6. Today’s Applicant Economy 7.5 million Unfilled jobs today 5.8 million Americans seeking work BUREAU OF LABOR STATISTICS, AUGUST 2019

  7. Technician Shortage 76,000 Technicians needed from 2016 - 2026 37,000 Certified technician shortage given entry labor pool and retirement plans NADA ECONOMICS REPORT, 2018

  8. FIELDS OF WORK THAT JOB SEEKERS ARE CONSIDERING: Retail/Wholesale 27 % 18 % Hospitality Finance, Insurance or Real Estate 17 % Only 16 % Medical/Dental 1.25% Education 16 % 14 % Manufacturing Construction 9 % of today’s applicant pool would Public Service 7 % consider working at a retail 7 % Utilities dealership. 5 % Legal 5 % Agriculture, Forestry, Fishing 5 % Automotive (4 million) COX AUTOMOTIVE JOBS REPORT, 2017

  9. ACCESS TO TALENT = + CONTENT TECHNOLOGY

  10. ! APPLICANTS LOOK FOR: Pay Stability and Earning Potential Career Pathing Work-life Balance

  11. THE WAY WE RETAIL CARS TODAY THIRD PARTIES TARGETED ADS DEALER SITE VEHICLE BUDGET DEALERSHIP CRM SEARCH

  12. THE WAY WE RETAIL JOBS MUST CHANGE Employers Must Retail Jobs Digitally And Direct-to-consumer JOB BOARDS TARGETED ADS CAREER RECRUITMENT SITE CRM OPEN POSITION BUDGET CANDIDATE SEARCH NETWORK

  13. Mobile Friendly Job Seeker Expectations 60% of Hireology job descriptions are viewed on a mobile device. Non-Mobile Optimized HIREOLOGY DATA, 2019

  14. Mobile Friendly Job Seeker Expectations 30 % drop off without a mobile-friendly career site or application process. Non-Mobile Optimized HIREOLOGY DATA, 2019

  15. Career Sites Drive 4 % 30 % of applicants of hires HIREOLOGY DATA, 2019

  16. RECRUITMENT MARKETING COSTS BY CHANNEL 42 APP: HIRE $2,681 COST PER HIRE 21 126 APP: HIRE 10 APP: HIRE $251 4 APP: HIRE $87 APP: HIRE $46 $21 COST PER $75 APPLICANT $12 $1 $6 $5 REFERRALS CAREER SITE ORGANIC JOB GOOGLE SPONSORED JOB BOARDS BOARDS HIREOLOGY & NADA RESEARCH: SAVING THE LOST APPLICANT, 2019

  17. PROCESS EFFICIENCY

  18. PROCESS EFFICIENCY = + PROCESS ACCOUNTABILITY

  19. VS. 24 Hours 5 Days or less is the average time it takes or more is the average time it takes to to respond to a consumer lead. respond to an applicant. DIGITAL AIR STRIKE, 2018 | HIREOLOGY DATA, 2019

  20. Recruiting is a Sales and Marketing Process Build Your Employment Brand ATTRACT Career Site | Job Boards | Targeted Ads Hire Your Best Team HIRE KPIs Prescreen Surveys | Interview Guides | Candidate Verifications INTEGRATE Onboard with Confidence Onboarding | Payroll | HRIS | Compliance

  21. 70 % of jobseekers lose interest if they don’t hear back a week after their interview. HIREOLOGY DATA, 2019

  22. 21 DAYS HIREOLOGY & NADA RESEARCH: SAVING THE LOST APPLICANT, 2019

  23. LOST APPLICANTS

  24. 2 Million Lost Applicants in Automotive Retail HIREOLOGY & NADA RESEARCH: SAVING THE LOST APPLICANT, 2019

  25. PERFORMANCE VELOCITY

  26. PERFORMANCE VELOCITY = + CONNECTIVITY INCENTIVES

  27. CONNECTIVITY PAYROLL COMPLIANCE TOOLS WEBSITE ONBOARDING APPLICANTS MANAGERS JOBS DMS

  28. CONNECTIVITY PAYROLL ONBOARDING APPLICANTS WEBSITE DMS JOBS MANAGERS COMPLIANCE TOOLS

  29. 69 % Onboarding a new employee is like delivering a NEW VEHICLE of employees are more likely to stay for 3+ years with a positive onboarding experience. CLICK BOARDING, 2019

  30. The Human Capital Advantage PERFORMANCE VELOCITY GREATER STRONG LOYALTY CULTURE PROCESS ACCESS TO EFFICIENCY TALENT HIGHER CUSTOMER PRODUCTIVITY SATISFACTION

  31. Thank You.

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