The War for Talent • • • • • People are your distinct advantage People are your only appreciating asset People are a Top 3 line item investment Boomers are retiring at an increasing pace There is competition for your existing talent and new talent Thus TALENT DESERVES A STRATEGY Source: Manpower Workforce Survey 2013 Global Talent Shortage Source: Manpower Workforce Survey 2013 Global Talent Shortage The Region’s Needs We are a region with a lot to offer Allegan Barry Ionia Kent Lake Mason Mecosta Montcalm Muskegon Newaygo Oceana Osceola Ottawa West Michigan 1.6 million Source: Economic Modeling Specialist International via The Right Place Commuting Patterns of Residents Evidence supports the belief that the Region 4 is one labor market Same County TALENT 2025 Balance of Michigan Allegan 26.7 42.2 31.0 Barry 30.7 38.3 31.0 Ionia 33.6 43.5 23.0 Kent 74.0 10.7 15.2 Lake 20.5 50.4 29.1 Mason 57.9 24.4 17.7 Mecosta 34.8 31.7 33.5 Montcalm 26.4 35.4 38.2 Muskegon 50.2 33.9 16.0 Newaygo 30.4 46.0 23.6 Oceana 35.5 52.5 12.0 Osceola 28.4 36.8 34.8 Ottawa 47.0 40.2 12.8 81.1 18.9 Home County Total Source: Census on the Map 2011 Projected Workforce Supply Flow Employment 1,000,000 900,000 65 and older Measurement Error 800,000 In-Migrants 700,000 33% 600,000 500,000 Existing workforce age 50-64 15% 400,000 8% 300,000 Existing workforce age 18-49 200,000 34% 100,000 0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Where are the Jobs? Wisconsin 122,126 6,027,363 Jobs Indiana 116,393 Michigan 161,781 Jobs Ohio 206,719 Where is the Competition? Milwaukee 1.5 mil West Michigan 1.6 mil Columbus Indianapolis 1.9 mil 1.9 mil Source: U.S. Census Bureau Talent Strategy Talent Strategy It’s not just about Attraction – Focus on Retention Under 65 • • Do you have a plan for those approaching retirement? What is your knowledge transfer plan? Is it active or only a hope? Under 50 • • Are you retaining your key talent? Do they have career paths? Are they being developed? Under 30 • • Do you have jobs that require little to no experience? Do you provide a view to a career path? Interns • • • Do you have an Internship Program? Are you paying your interns? Are you recruiting RIGHT NOW for next summer? Your Employment Brand is created by ALL of these people Understand what the candidate is thinking • Learn about the whole family • Interests • Special needs • Concerns • Decision & Retention directly related to comfort of family • Embrace non-traditional family members How are you finding the talent? • Leveraging Social Media? – LinkedIn – Twitter – Facebook • Managing a pool of passive candidates? – Or “posting, praying, and processing”? • Managing your employment brand online? Invest in your recruiting RESOURCES Utilize Your Employees’ Networks • • • • • • • Alumni organizations Fraternity or sorority Professional organizations LinkedIn Community Boards National networks Past companies Your recruiters will never have a network equal to your entire organization’s Seeking Best Practices How does your recruiting team • • • • • • “Sell” the job opening? “Sell” your company? “Sell” your community? “Sell” this region? Ask questions? Close the deal? A great recruiter is a great sales person West Michigan – Elevator Speech • Top 10 employers employ 62,000 people • More than 90 international companies • 24 colleges and universities • 18 world class beaches • Michigan’s only professional ballet • Over 130 miles of mountain bike trails • Nation’s only luge open to the public www.hellowestmichigan.com Key Points • Our greatest COMPETITORS are other tertiary markets • Your RECRUITERS are KEY to your success • Your ENTIRE TEAM – Must learn the elevator speech for West Michigan & your company – Must leverage their network for recruiting Candidates’ decisions are holistic Talent Deserves A STRATEGY How We Help Resources addresses these CHALLENGES Competitiveness Awareness Messaging National and State – Wide Efforts Hello West Michigan Career Continuum We seek to attract and retain talent in all three of these stations of life MiReason.com Michigan Media Solutions Campaign Search Engine Marketing, SEM Ads Top Keyword Hits • Grand Rapids MI jobs • Jobs in Grand Rapids Michigan • Holland MI jobs • Jobs in Grand Rapids • Jobs in Kalamazoo MI Click Through Rate .85% Last 7 days Geographics Minneapolis Milwaukee Chicago Detroit New York City West Michigan Columbus Los Angeles Atlanta Washington D.C. How Are We Found Top Referral Sites • • • • • • • • • • • Career Builder MiReason Herman Miller Amway Facebook Job Portal Cornerstone GVSU WMU Google LinkedIn Top Organic Keywords • • • • • • Hello West Michigan Suburbs of Grand Rapids MI West Michigan Hellowestmichigan.com Volunteer Grand Rapids West Michigan Jobs GREATER VISIBILITY WITH CANDIDATES IN THE LAST YEAR… 84,400 pageviews on hellowestmichigan.com 34,500 unique visitors to hellowestmichigan.com Google “West Michigan” and we are th 6 Recruitment & Retention Process Successful Connections Trailing Significant Others/ People interested in West MI • Effective • Personal touch • More candidates • Featured on homepage 339 resumes sent 65 candidates accepted full-time offers Return on Investment • Lower recruiting costs • Additional source for talent • Improve employee retention • Establishes West Michigan as a destination for top talent What’s Next 2014 Initiatives • Enhanced programming – Trailing significant others – Interns – Employers – Colleges/Universities • Awareness campaign – Expanded targeting to include specific talent fields • Growing membership Help Us Say Hello • Encourage candidates to use hellowestmichigan.com • Tell businesses we are a proven system • Recommend membership to businesses • Share a reason on MiReason.com