Redefining an Industry One Relationship at a Time.
The Human System Vol. 1, No. 11
"Making
Medium Madness Happy"
| Aside: We will spend a good chunk of time discussing management/leadership assessment/recruitment/selection. This is the one “least common denominator” that if you do this right and most strategically, everything else in your People Flow Continuum will fall into place much more naturally. |
First lets continue the genre of advertising that we started last week with the internet.
Newspaper
·
Direct vs. Indirect: This is very indirect, it
requires people to make a choice to get the paper, but it also requires that
they specifically spend time in the classified section looking for job openings.
·
How long does it last? In that
most classifieds get the most viewing on Sunday, you have a one-day to one week
shot with this. (One week, in that
many people will keep the Sunday classifieds for a full week even though the
reality is that it’s a one-day deal.)
·
What is the cost of this medium? This
is obviously going to vary by market, by size, by group purchasing, etc…
You know this best for your own market.
·
Accountability: You have none.
There is nothing other than discontinuation of the medium if it does not
produce your desired result.
·
What should your expectation of this medium be?
Because this is something that requires action by a job seeker to find
it, don’t expect the cream-of-the-crop because they are happily employed and
aren’t looking in ads. There are
always exceptions but as a norm, have good selection systems in place to weed
through the chaff.
Trade Publications:
There are three main types of trade publications to
consider. The “free” with
membership to the association/group, secondary/independent trade publications
that have a subscription fee, and secondary/independent trade publications that
come free; advertising supported.
A couple of questions first:
·
Which type of publication is it?
o
If people pay for something they are more likely to read it.
If it is something that is purely advertiser supported and sent to them
free, they are less likely, unless the content value is superior, to give it as
much attention.
o
Also consider that if the foundation of the publication is from trade
group membership, there is more trust and credibility associated with the
publication.
·
How often is it published? This
has an obvious bearing on your recruitment.
If it is a weekly publication, you have quick responsiveness from the
time you decide to place the ad until it comes out.
The downside to this is that you have a 1-week ad life.
If this is a bi-weekly, monthly, quarterly publication, it may take you
three weeks or more from the time you want to place the ad until it actually
reaches your audience. It does last
longer, but you may not have the time to wait.
Try telling a desperate hiring manager:
“Hey, you have to be patient, the ad won’t be out for another two
weeks.”
·
Does the publication have good statistical information about its own
consumer behaviors? Make sure you
know the readership and stats for YOUR MARKET.
National readership doesn’t do much for you if there isn’t a
representative group in your area. This
is most true of staff level positions in which people are least likely to
relocate for a lateral, staff level position.
·
How many other similar positions are listed in this resource?
There are several publications whose main purpose and source of revenue
is recruitment advertisement. If you
are recruiting for a high demand/low supply skill set, be aware of this.
For these publications, you may be one of very many ads and the
opportunity to differentiate may be low. You
will also get responses from people that are responding to many potential
employers, the very active job seekers. This
not only starts a race, but an auction, neither of which really are dynamics
that work in your favor.
·
What is the true constituency of the publication?
Know the makeup of the readership. For
example: Don’t put ads for staff positions in Modern Healthcare.
·
Direct vs. indirect: This
is more direct than newspapers because this type of advertising gets in the
hands of your potential market. However,
understand that when employment ads are predominantly slotted in the back of the
publication, will people who aren’t looking stop and read them?
You hope to get some of the “just curious” group.
·
How long does it last?
This depends on the publication as mentioned above.
·
What is the cost? Great
variation that depends on the publication’s readership, supply/demand dynamics
of the role, etc.
·
Accountability for results:
As with any form of advertising, count the cost as spent without any
accountability.
·
What should your expectation be?
Expect an overall better quality group of candidates than from newspaper
advertising. This margin of quality
is due to the more direct nature of publications getting into the readership’s
hands. This readership consists of
the truly passive and non-job-seeking candidates that are your best target
market. Also expect that there will
be a greater number of these candidates that will be relocating to you which can
bring with it greater cost, depending on your relocation assistance policy.
| Aside: You prefer not to incur the extra expense of relocating new hires and prefer local candidates? Think for a couple minutes about the following dynamic: When someone goes to the personal commitment of relocating, they are much more deliberate in their job/career/employer selection process. They are more thoughtful and take more time and consideration to be confident of a better fit. Thus there is a lower incidence of turnover, therefore higher retention of these people. Is it then more expensive to pay for relocation or for new recruitment? I guarantee that given the cost of turnover, it is cheaper to pay to relocate even staff level positions. Conversely, local candidates may be “trying you out” and figure they have more options to move within the market. They tend not to be as selective of their employer as the out of town people are. |
| FYI: In way of foreign recruitment, throw out the previous paragraph, it doesn’t apply in the same way. Leaving a country to come to the United States is a little different than leaving Utah to move to New Mexico, don’t you think? |
Well, not the most exciting information, but I hope you still find it educational and found at least one new insight this week. I promise that the future has some eye-openers.
Ready to give a little back? Please take a few minutes, hit the feedback button and share some of your own advertising experiences; successes, failures, costs etc. I would like to include summary information for everyone here.
Don Rottman
HR Evangelist
Previous Issues:
The Wise Man Built His House On the Rock. How Is the Foundation of Your Human System?
A Muumuu May Be One Size Fits All, But Effective Recruitment Isn't -- Part 1
Don't Put A Good Message In A Bottle: A Prelude to "Medium Madness"