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Hiring Top Talent: Best Practices in University Recruiting
Best Practices LLC, Sep 2005, Pages: 101
This study involved a two-pronged approach. Best Practices, LLC researchers surveyed 80 managers and executives from 79 leading corporations across multiple industries to collect benchmark data on program structure, scope, budgets, staffing levels, key activities, technology and tools. In addition, the research team conducted in-depth interviews with the leaders of nine surveyed university recruiting organizations to uncover executive insights and winning practices. Interviews focused on best practices for selecting colleges for recruiting, allocating recruiting budgets among selected schools, compensating interns and co-ops to maximize conversion rates and handling compliance issues. Interview partners were selected because they demonstrated efficiency (such as a high intern conversion rate) or described best-in-class practices in areas of interest. The interview partners were chosen from among a segment of respondents with a high volume of college hires. Benchmark findings provide comparative data that companies can use to identify and correct any resource and performance gaps within their university recruiting organizations. Interview material provides insights on effective structures, practices and policies at leading companies.
PROJECT FOCUS This study focuses on best practices for attracting top talent through recruiting at colleges and universities. Coverage includes intern, co-operative education (co-op) and new graduate recruiting programs. Primary emphasis is given to the sourcing and screening stages of the recruiting process. Specifically, this research examines the following aspects of university recruiting programs: - Recruiting technology and innovative uses of the Internet - Methods for selecting and prioritizing schools - Methods for allocating the budget across campuses - Most effective activities for building campus relationships - Most effective activities for winning top student talent - Relationship of university recruiting to university relations - Effectiveness of job predictor tools - Program tracking metrics - Best practices in college and university recruiting The research findings in this report are the culmination of analysis of data collected from benchmark surveys with 79 companies, as well as analysis of exclusive interviews with university recruiting leaders at nine selected best practices corporations.'
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