Making Great Hires How To Recruit & Retain Top Talent
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1 Making Great Hires How To Recruit & Retain Top Talent Dial-Info: North America Mexico Thank you for joining us! The webinar will start shortly access.gecapital.com
2 Access GE Insight Series Making Great Hires Webinar Steve Canale, Global Recruiting & Talent Services Manager, GE Jen Maslar, HR Development & Talent Manager, GE Kim Warne, U.S. Talent Recruitment Leader, GE
3 Disclaimer: This webcast is for information purposes only and is not intended as an offer, solicitation, or recommendation for the purchase or sale of a financial instrument or to effect a transaction. The information contained within this webcast has been obtained from and is based upon sources believed to be reliable. General Electric Capital Corporation and any of its affiliates (collectively GECC ) do not guarantee the accuracy or completeness of the information and make no express or implied representations, but reasonable steps have been taken to determine the accuracy and completeness of the information. All opinions, projections and estimates constitute the judgment of the authors as of the date of the webcast and are subject to change without notice. Market rates, valuations and availability of financial instruments also are subject to change without notice. Nothing contained within the materials constitutes financial, legal, tax, accounting or other advice, nor should any investment or any other decisions be made solely based on this webcast. You should obtain advice from qualified experts before making any investment decision. This webcast is produced separately from any other activity of GECC and was completed without access to non-public information that may have been received by other units of GECC. This webcast may not be reproduced or redistributed in any form without prior written permission from GECC. The use of this webcast in connection with the writing, marketing or promotion of any financial instruments, services or products is prohibited. 3
4 At GE, leaders inspire others to be their best. This is the foundation of our commitment to leadership development. We believe that everyone at GE can be a leader and we believe that when one person grows and improves, we all can grow and improve. And together, 4
5 Leaders connect people with the processes that keep us all rising together. 5
6
7 GE s Executive School Model 45 U.S. universities Centralized / decentralized Based on volunteerism Multi faceted long-term relationships Teams led by senior executives 7
8 GE s Executive School Selection KEY CRITERIA History of hiring yields Serves the needs of multiple businesses Serves the needs of multiple GE Leadership Programs Significant alumni base from which to build a team Academic excellence & GE cultural fit Proximity to one or more major GE facilities Historical GE relationships (research, business funding, IP, etc.) Opportunity for diversity hiring yields 8
9 Where Do We Find Experienced Hires? a variety of sources 9
10 Strong Sources of External Hires 10
11 GE Employee Referral Program Who Do You Know? Global program, paid in equivalent purchase power parity Pay for referrals to salaried roles New Employee outreach to solicit new referrals Promotional materials for campaigns Desktop Icon Suggested post/tweet to send out to team on intake session of new posting Thank you template 11
12 GE s Early IDentification (EID) Program 70% of Future FT Hires Sourced from EID Pool 50% of Eligible Receive an Offer for FT Positions 90% + FT Accept Rate Higher Retention & Performance Goal: Make each EID a GE Net Promoter GE s EID Program is at the Heart of Our Future Leadership Pipeline 12 GE Title or job number 4/2/2013
13 What Makes for a Good EID Program? Right Sized Right Sourced Right Experience Right Assessment Work Force Planning School Selection Interviewer Training On-Boarding Process Assignment Leader Training Work & Social Experience Challenging Work Assessment Process Clear Expectations, Metrics, Personal Touch 13
14 Building Your Employment Brand on Campus Top Know your company s strengths & weaknesses 2. Think from the student s perspective What s in it for me? 3. Differentiate yourself. What makes your company unique? 4. Students believe other students and recent hires 5. Build relationships with key faculty, career center & student orgs. 6. All channels are important, the trick is knowing the right mix 7. Send your A players to campus. Students join a company because of the people they meet 8. At the end of the day what s really unique about your company are your people. Promote stories of top performers 9. Keep it simple. Keep it real. Keep it consistent. 10. An employment brand is more than a catchy slogan or headline. It s your commitment to the engagement, development and encouragement of great people. 14
15 Company Information for Job Seekers youtube.com/ gecareers ipad app ge-works.com 15
16 Being Prepared is Key Interviewers Chief Talent Scouts (CTS) Training: Must have attended Interviewer Training (Behavioral Based Interviewing) Assessment skills and compliant hiring methods Approved by Business Leader Recognition and visibility: Monitored, measured, rewarded EID Assignment Leader Training All managers of EID must take Assignment leader contract 16
17 Create a positive experience View your candidates as customers Walk your process 17
18
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