Leela Srinivassan, the Chief marketing Officer at Lever talks to RecTech. Tune in!
Harry Joiner: A Well Written Job Posting Is the Best Marketing
SUMMARY: Harry Joiner is kind of a hybrid recruiter in that he uses his website to drive candidate referrals and brand awareness for himself. His use of extremely detailed job descriptions that he "extracts" from his clients is legendary and serves to prove his point that well written job listings are truly the best marketing you can have to recruit.
TOOLS MENTIONED: EcommerceJobs.com, NextGig, Member Press
FULL TRANSCRIPT
Harry: Hey, this is Harry Joiner, the e-commerce recruiter, and I'm next on the RecTech podcast.
Speaker 2: Welcome to RecTech, the podcast where recruiting and technology intersect. Each month, you'll hear from vendors shaping the recruiting world, along with recruiters who'll tell you how they use technology to hire talent. Now, here's your host, the mad scientist of online recruiting, Chris Russell.
Chris Russell: That's right, it's time for RecTech. The mission of this podcast is to help employers and recruiters connect with more candidates through technology-inspired conversations. If you listen, you'll hear both recruiters and HR tech finders talk about how they use tech to find talent.
All right, this episode of RecTech is sponsored by Jobs in the US. If your company needs to hire more local talent, Jobsintheus.com lets you post jobs for free on their national job search engine. They also operate 51 local state sites for every state in the country, including Washington, DC. Online since 1999, the job boards they power will help you connect with more local candidates. Lean more, again, at jobsintheus.com.
And by the way, listeners, if like this podcast, you probably like what I listen to, which is shows like the Chad and Cheese podcast. A couple of my recruiting tech industry friends, Joel and Chad, started this crazy podcast, you've got to check out. The snark is thick, the intel is good, and they don't pull and punches. Check it out at chadcheese.com, that's chadcheese.com.
Alright. Harry Joiner is a third-party recruiter, he specializes in placing e-commerce executives. I invited him on the show because he does a great job of branding himself in the recruiting world, via his websites. Let me read to you what he said on Linkedin recently, because I think it's a great way of showcasing kind of what Harry's mentality is, as far as recruiting goes.
He writes, "For a long time, I regarded voicemails as mini radio ads, an opportunity to leave a targeted ad, and drive a click to my site. That's why I paid so much to acquire the best generic dot-com domains I could buy. I'd always encourage first-time listeners to google "e-commerce jobs," or at a minimum, they would hear my URL, 'ecommercejobs.com,' and think, 'This guy must be legit, I'll go have a look.' That only reinforced my credibility with web-only job seekers who googled the term, 'ecommerce jobs,' and would see me atop the google search result pages for that term."
Harry, welcome to RecTech.
Harry Joiner: Thank you so much for having me, it's great to be here.
Chris Russell: That's what you just wrote on Linkedin there, which I happened to see the other day and print out. To me, it is an excellent way of recruiting. Where does that mindset come from?
Harry Joiner: It comes from being self-employed for 13 years. I would say that I never wanted to be a recruiter, and I think being the best recruiter is a lot like being the tallest midget. Recruiters are like real estate agents, I think the law of 80-20, or even 90-10 sort of applies in this space. You probably have 10% of the recruiters making 90% of the money.
I have no evidence to back that up, I have no way of knowing if that's true or not, but recruiting seems to be sort of a winner-take-all business, and I got into this space and I didn't have the money to really spend a lot of money building a brand. For instance, the word, "Monster," by itself, it doesn't mean job work or whatever. It became synonymous with, "job board," in the late 90's and early 2000's thanks to tens of millions of dollars of brand advertising on the part of Monster. I didn't have that.
My whole thing was, I had to cut through the clutter. There were a gazillion recruiters out there. I had to figure out what my differentiation was, sort of what my business was about, and who my business was for, and what my unique selling proposition was. So why would my slam-dunk candidate or my slam-dunk client choose to do business with me, versus any option available to them, including doing nothing?
So, every single thing I did, every single digital asset I acquired had to reinforce that. I just read a bunch of books that sort of supported the build-out of that mentality. I'm a big Dan [Kennedy 00:04:20] fan, I'm a big Jay Abraham fan, I'm a big Gary [Halbert 00:04:24] fan. I read a lot of John [Carlton 00:04:28] and Gary [Bencevengan 00:04:29], whatever. These are all people that your listeners, they probably don't know, but they're been instrumental in helping me figure out how to market my business in way that helps the candidate and client feel better about themselves because of their relationship with me.
Chris Russell: So what came first, did you buy the domains first, then get into recruiting? Did you start recruiting first?
Harry Joiner: I started recruiting first. I was a biz desk consultant with a little business called Reliable Growth, back in the early 2000's. I had a newsletter called Proven Ways to Get New Customers. It was like an e-news letter, and I built the list up to about 500 people or whatever. I really enjoyed producing it.
At a certain point, my business was struggling and I had to get a more conventional job, and the more conventional job that I found was recruiting. When I got into the recruiting business, again I realized, because of the nature of the business of selling, basically you're in business for yourself.
What I did was, I repurposed Proven Ways to Get New Customers as posts to the weblog. I started a blog called Proven Ways to Get New Customers, and I was a fan of Seth [Godin 00:05:41], the marketing guru, who's been blogging for aeons, and Seth is just a star. He's so inspirational.
I noticed that Seth's blog was on TypePad. I didn't really know what that was, but his URL was sethgodin.typepad.com. I thought, if it's good enough for Godin, it's good enough for me. So I'll go to TypePad, whatever that is, and I'll start a blog.
I put a bunch of articles form Proven Ways to Get New Customers up there, and the name of the blog was Proven Ways to Get New Customers, at harryjoiner.tyepad.com. One of the really cool things about what I do is that I'm on the phone with America's best online retail executives all day, every day. It's like being a sports agent or something. It's been like this for years, like 13 years, I've been an online retail recruiter. Now everybody's an online retail recruiter. I've been doing this same thing, all day every day, for however many hours a day, since 2004.
One day, I was on the phone with a lady named [So Yung Park 00:07:23], with A&E television. She ran A&E's e-commerce business in Stanford, Connecticut. One of the things that I would always do is, when I was wrapping up a conversation with a candidate, they were always VP's of e-commerce, or directors of e-commerce, I would always ask the question, "If you were me, and you were a recruiter trying to grow a business, what would you do to better market yourself online?" And then I would shut up, and take notes.
The thing is, if you're asking somebody like Steve [Cahn 00:07:16], SVP of e-commerce for Victoria's Secret, or Bob [Meyers 00:07:21] of QVC, or So Yung Park of A&E television for online retailer advice, or online marketing advice, that's like having Ted Williams bat cleanup for the company softball team. I was getting unbelievable advice from these people.
One day, I ask So Yung the question, and she said, "Do you have a blog?" I'm like, "Yeah yeah yeah, I've got a blog, I'm so glad you asked."
"So, what's your blog?" And I told her, Proven Ways to Get New Customers, and harryjoiner.typepad.com. She said, "That's not a very keyword rich domain, and you're never going to get traction with this."
She explained how search engines work. This was 2005. 2005, right? We were talking, and she said, "Here's the way it works. What do you do for a living?"
"Well, I'm a marketing headhunter."
She's like, "So if I met you at a cocktail party, and I said, 'What do you do for a living?,' you'd say you're a marketing headhunter." I'm like, "Yeah."
She goes, "Right there. Type that into a browser bar, 'marketingheadhunter.com,' and see what happens."
So, I type it into a browser bar, and I go to a place called Buy Domains, and the domain is available for $2,000. And I'm like, "Okay, it says here it's available for $2,000. What do you want me to do?"
And she said, "Well, buy it."
I'm like, "I'm not going to pay $2,000 for this domain, marketingheadhunter."
She's like, "Why not?" You just told me that's what you do for a living.
I'm like, "Yeah, but it's not very snappy, it's not very sexy."
She's like, "Dude, here's the deal. If you're online at marketingheadhunter.com, and you tell everybody you're a marketing headhunter, and everybody knows you as 'The Marketing Headhunter,' when people back-link to your site, they're going to back-link to you as marketingheadhunter. And when people are looking for a marketing headhunter online, they google, 'marketing headhunter,' and your site is the nexus of all things Marketing Headhunter on the internet."
And I'm like, "Are you sure?"
She's like, "Yeah. I'm sure. That's how it works."
So I'm like, "But I don't want to pay $2,000 for this thing, that's a ripoff. I would never pay that.
And she's like, "Well, okay. What are you doing to market your business now?"
"Well, I'm buying a quarter-page ad in Internet Retailer Magazine."
"How much is that?"
"It's $500 a month."
"Okay, so, pull your ad for four months and you've got this, and it's an asset that you can sell one day. What's your average order value?"
"What do you mean average order value?"
"Like when you close a search, what do you make?"
"I make 20% of the candidate's first year base salary."
"Yeah? And last year, how much was your average invoice?"
"$22,000."
She was like, "You're an idiot. You're an idiot. Why wouldn't you pay that? $2,000, it's lost in the rounding probably of your quarterly tax liability, give me a break."
I'm being long-winded here, but I bought the domain, and she was exactly right. What was interesting about it was that ... so I bought that domain, and I immediately hot to the top of the search results for, "marketing headhunter," 'cause it wasn't that competitive of a search result. There weren't that many marketing headhunters. The great thing was, it was very targeted traffic. So if somebody was looking for a marketing headhunter, by God, that's what they wanted.
So I was probably getting 500 searches a month, but there was a 0% bounce rate on my site. It was very, very targeted traffic, very specific stuff. Nobody googles, "Marketing headhunter," unless that's what they're looking for.
Chris Russell: Right.
Harry Joiner: About 10 weeks after converting to Marketing Headhunter, I get a call from a lady named Sarah [Needleman 00:11:00]. "Hi, this is Sarah Needleman, I'm with Dow Jones."
"Oh, hi Sarah Needleman, what can I do for you?"
"Well, I was on your site, and I'm looking for a marketing headhunter, and I called this number. Are you a marketing headhunter?"
"Well, yes I am." I'm thinking, "What do you need, you need a marketing director or whatever."
She goes, "I'm a writer for the Wall Street Journal, and I'm writing an article on marketing careers, and I need a quote for a marketing headhunter, are you a marketing headhunter?"
Just amazing, right? So from that, comes the story of the little drawing that's been on my site for 10 years. I've been in the Wall Street Journal three or four times, whatever. It's like I always say, I'm not curing cancer down here. This is not rocket science. But the cool thing, it's like Warren Buffett says, "If you've got a tiny circle of competence that's very sharply defined around the edges, that's better, 'cause we now live in a winner-take-all society." So, if you're the best oral surgeon in Los Angeles, or the best lefthanded minor league shortstop, or the best marketing headhunter, you can make an interesting amount of money.
So, it's my advice to any of your listeners is, just pick one thing and do it and brand the hell out of that one thing. Pay the freight for the domain, 'cause it's worked great for me over the 13 years of doing this. I'm not sure that I would change anything about what I've done. I can't say that I had really any of the ideas that I've had, they all existed in books, or I just sought advice from really talented people. And the rest is history.
Chris Russell: Yeah, I think of guys like you, like Paul [inaudible 00:12:41], who runs Minnesota Tech Recruiter, he has a blog. Or guys like Tim [Sakatu 00:12:46], just putting out there on his own personal name domain and just blogging, and making a name for themselves.
Harry, describe ecommercejobs.com itself. What do you use if for specifically, if you could?
Harry Joiner: Well, for all intents and purposes, it's a job board. To the uninitiated, I would say it looks like a job board, it walks like a job board, it quacks like a job board, but it's really a Trojan horse. It's really a marketing machine.
The way it works, you've seen the TV show Dirty Jobs, with Mike Rowe. There's a Mike Rowe of dirty jobs. I'm the Mike Rowe of e-commerce jobs. That's how I describe myself. And the decision, by the way, to describe myself as that, is based on a book called, Made to Stick. I only describe myself like that, because people will go, "Okay, I like Mike Rowe. Okay, I like Harry Joiner. I don't know Harry Joiner, but he sounds like a nice guy, okay. I got it the Mike Rowe of e-commerce jobs."
So what does that mean? It means, at the end of the day, I'm basically a storyteller, and my job is to educate and inform and to entertain, with regard to the searches that I market.
Rule number one is, I like to take searches that can be closed on the back of a single story.
Chris Russell: What do you mean by that?
Harry Joiner: It's basically my job to take that story to market. So, I built up an audience, and if you go to ecommercejobs.com, and you read any of my postings, what you'll see is, there's an essay there called Harry's Comments. It's a very detailed essay about the client's business, what's the business about ad who's the business for, and how big is the market opportunity, and what's in the technology stack, and who's on the team?
Basically, it seeks to answer the question, "How would my client do if they were a contestant on Shark Tank?" Would Mark Cuban invest his own money in my client's business? Because I figure, if Mark Cuban wouldn't invest, then I really have no business being out there, selling an employment opportunity for them.
Here's the amazing sort of premise of what I do for a living: I talk on the phone to a candidate, and I engage them, and at the end of a process ... I never see anybody. This is as close as anybody ever gets to me. I'm not a retained recruiter, nobody ever sees me, I never leave my house. I work from home, this is it. So, at the end of the-
Chris Russell: You never meet with the candidates?
Harry Joiner: Shit, no.
Chris Russell: Wow.
Harry Joiner: Absolutely not. I don't meet, this is as close, this is as intimate as I am with anybody. It's not an anxiety thing, it's just, I cover more ground with a telephone. I don't need to see the candidate, and I don't need to see the client either. People say, "Well, it's all about culture." Well, maybe it's all about culture, but the client is going to make their own decision, whether or not somebody's a culture fit. It's my job to make sure that the candidate can plug and play and drive value for the client, and their business, from a technical standpoint. That's what I do. The client will interview for culture.
This is basically the deal. At the end of this process, people will sell their house and move across the country and change jobs ... interrupt and disrupt their entire existence to go ... it's amazing that I ever close a single search. It's amazing that anybody ever closes a single search.
The best way to close searches is, it all basically starts ... in Hollywood, this is what they say, is that it all basically starts with the quality of the script. One of the things that I've learned about Hollywood, I'm an obsessive reader about Hollywood and the agency model out there, is that in Hollywood, the richest actors aren't the richest actors because they're the best actors. They're the richest actors because they get the best scripts.
You take an actor like Jack Nicholson, and somehow or another, we go back in time and we prevent Jack Nicholson from screaming at Tom Cruise, "You can't handle the truth!"
Chris Russell: I just saw that, by the way.
Harry Joiner: We significantly undercut his lifetime value as an actor. And it's the same way with e-commerce executives, it's the same way with marketing executives. All of my candidates, they want to make sure that the economics of the client's business are favorable, and that the role will be reputation-enhancing for them personally. That the role will provide massive transformational value to them personally.
And so, I won't take shitty searches. And there's lots of opportunities to take shitty searches, by the way. I don't know if I can say the word, "shitty," on your show, but anyway ...
Chris Russell: No problem.
Harry Joiner: I just did, so you can edit that out. But there's four kind of searches in the world. There's, "Bad jobs and good clients," there's, "Good jobs and bad clients," there's "Bad clients and bad jobs," and then there's, "Good jobs and great clients." That's it. And we're out there, working very, very hard to make sure that we take searches with great clients, and that these are good jobs, where the underlying economics of the department or the business that the candidate will be working in are favorable, and that the role will be reputation-enhancing for them personally. So at the end of their involvement with that client, their fingerprints will be all over a particular success.
Because then we go place people elsewhere, that's what we do. There are certain people in the business that we've placed three or four times.
Chris Russell: How many searches do you turn down every month, Harry? Curious.
Harry Joiner: I would say we take probably ... anecdotally, it's about half of the deals that come our way.
So, getting back to, "Why write such a great job posting?" The reason that I write great job postings is ... part of it is because millennial candidates these days typically won't pick up the phone and have a meaningful conversation with a recruiter until they know what the job is. So you've got to put the sales pitch in the posting, otherwise that pitch ain't gonna get pitched. So that's number one.
The second reason that we do it is that VP's of HR see our stuff, and they go, "Wow, so here's a recruiter who actually ... I see the value add of this ... "
It turns out, actually, a well-written job posting is the best marketing you can do.
Chris Russell: That's a great statement.
Harry Joiner: And it's content marketing too, so ... I'm comfortable saying this, because I've said this on the Recruiting Animal Show before, and recruiters just don't believe this. They think that is just all smoke and mirrors, and they just think, "Well, this is crazy." It's not crazy. I'm going to throw it out there once again for your audience, and my guess is that most of the people who listen to this will shake their heads and go, "This guy sounds like he's smoking something," and they just won't copy me.
Chris Russell: To me, these are not job postings, they're job stories, and they tell a story. How do you get all their information? Take us through some of that process, in term of how you actually write these things.
Harry Joiner: No.
Chris Russell: No?
Harry Joiner: No. I'm not going to get into that. I have a process, and it's a whole thing. It's like a magic trick, so I will show you the dots, but I'm not going to connect the dots. But there's a whole process that I have, and there's a couple of Van Halen brown M&M clauses I have in my contract that basically allow this to happen, and ... I'm not going to really get into it, but at the end of the day, the client, trust me, I quite complicit in this whole process.
We changed some things about how we operate. Some of the information gets ... we've built a separate site now, called nextgig.com, for highly-qualified candidates who sign an NDA, we'll let them into NextGig, and they can download a bunch of really proprietary, great information about a client, and their business, and the strengths and weaknesses and opportunities and threats facing the company and all that ...
So, by the time they actually sit down to interview for the role, it's like ... they have this Charlie Rose-like conversation with the hiring manager, and it's a magic show. Our goal, by the way, this is a goal of ours, we state this as a goal of our business, is ... we want the hiring manager to actually get smarter about her own business, vis-a-vis their interviews with our candidates.
So, all of our candidates come in with different ideas about how to solve whatever problem is keeping the hiring manager up at night. But it's an atomic throwdown of good stuff. By the time they get there, they're locked and loaded.
Chris Russell: So you prep them, pretty much, all the way.
Harry Joiner: Oh my God. Way, way, way better than the internal HR team ever would. Because all I know is marketing. I've got an actual playbook with three-ring notebooks and stuff. There's a whole process over here.
Chris Russell: Let's switch gears a little bit, Harry. We talk a lot about technology on this show, let' talk about what you use out there. First of all, what's your ATS? Can you tell us that?
Harry Joiner: Job Science.
Chris Russell: Job Science, okay. How long have you been with them?
Harry Joiner: Too long.
Chris Russell: Too long. Is that a good statement, or a bad statement?
Harry Joiner: Pass.
Chris Russell: Okay. What other tech tools are part of your everyday recruiting activities? Do you use sourcing tools, other sites out there? Give us a sense of some other things you might be using today.
Harry Joiner: My source ... I mean, hell if I know. Mostly people, they read a posting and they will text a posting to their friend. It's very much sort of viral-ish sort of thing.
Chris Russell: So you must get a lot of referrals, then, as well.
Harry Joiner: A lot, yeah. A lot. We're paying Linkedin, I don't know, $1,800 a month. I can't tell you when the last time I logged into Linkedin was. A year ago? I'm paying for it, and I'm not even using it.
Chris Russell: I think all that says how much the site itself has really done for you, as far a lessening your reliance on all those other tools. Linkedin, whatever it is, right? You've become, basically, your own referral machine, the site has, for you.
Harry Joiner: Yeah. I want to be careful here, truly. For your listeners who've ever seen the TV show Entourage. The Internet Retailer Top 500 is like Hollywood, and I'm like Ari. I'm not that smart. I'm damn sure not good-looking. Truly, I think being the best recruiter is like being the tallest midget. I take no pride in the fact that I'm a really good recruiter I take a lot of pride in the fact that I'm a good businessman, and a good marketer. If I stopped recruiting next week ... which, trust me, occurs to me constantly ... I'd just go be a marketer.
Ari Gold on Entourage doesn't have a Rolodex, necessarily. It's all up in his head. I'm on the phone six hours a day. Five days a week, six days a week sometimes, it's mostly five. So, 30 hours a week, do the math, times 50 weeks a year, times 13 years. My Malcolm Gladwell 10,000-hour-cutoff-point was 2013 or something.
I kind of know where all the bodies are buried, and I'm not saying I know everybody, but I'm saying everybody that I know, they know everybody. They know all of the A players. The old joke in the recruiting business, "A players know A players, B players know C players." That whole thing is true. That's true.
So, when I take a search assignment, there's nothing normal about how I operate and how I take a search assignment. The way I download the information, there's nothing normal about it. And because I'm so well-informed ... I never said, "smart," I never said, "good-looking," I said, "well-informed." Because I'm so well-informed, and I ask really, really good questions about the client's business, and the purpose and value and viewpoints and story and style of market and customer experience, etc ... their branding, what they're doing, what their CRN strategies are, and how they're using paid [inaudible 00:25:55] and earned media to drive traffic and prove an average order value, and prove a conversion rate ...
I've been doing this now for 13 years. A long time. I don't want to say I don't need Linkedin, 'cause that sounds arrogant ...
Chris Russell: How about your other recruiters? You have other recruiters working for you too as well. I'm sure they're using Linkedin, I would imagine.
Harry Joiner: Yeah, I've got a partner in the business named Alan [Seibert 00:26:19] and Alan uses Linkedin. But Alan's been with me for seven years, and when I look at the numbers ... and I'm closing a lot of deals ... I don't know that he's sourcing a lot of high school candidates from Linkedin. We've got a lot of resumes in our database already, and there's a whole reason why this is ... I own two of the top five Linkedin groups, for e-commerce.
Chris Russell: That's right, you have the groups too, I forgot about those.
Harry Joiner: Yeah. So there's 120,000 people between those two Linkedin groups. And I'm connected, literally, to about 16,000 people on Linkedin. There's a reason for that too, but I'm not connected to [Lions 00:27:05], or any other recruiters. I don't connect to other recruiters, I don't connect to HR people. This is strictly ... I'm kind of rigid about that. I will only connect with people that are not there just to connect with me, but I'm connecting with other marketers.
I don't know that I would have to pay Linkedin, exactly, to extract as much value out of Linkedin as I'm extracting. I don't know if that makes any sense. I think I'm making my money on the free services that Linkedin offers.
But you've got to go build a group, and it's all about organic growth of Linkedin. I don't know if that makes sense.
Chris Russell: Yeah, until they turn off groups, I guess. I'm always waiting for that shoe to fall, that shoe to drop.
Harry Joiner: Yeah, until they turn off groups, right. And they could, one day.
Chris Russell: Yeah. If your listeners are smart, they'll start a Facebook group, because Facebook is putting a ton of resources into building those communities, and they're actually putting more help behind it for the group owners, things like that, to make better groups and build those groups over time. I think Facebook is investing in groups, whereas Linkedin may be eventually cutting them away.
Harry Joiner: I'm telling you man, I'm suspect of anything and everything Silicon Valley. Facebook, Apple, Netflix, whatever the FANG stocks, that whole Silicon Valley mafia out there. It's a giant bait-and-switch deal. What I've seen, as an e-commerce recruiter ... I'm not pontificating here, I'm just commiserating, I guess, with your listeners ... What I see is that Amazon is sucking the oxygen out of the e-commerce business, and Linkedin is sucking the oxygen out of the recruiting business. And I'm an online e-commerce recruiter.
So I will tell you that my revenues are actually down this year. Don't cry for me, we're still making money and I'm not missing any meals. One look at me and you would know that. The problem is, is that we do live in a winner-take-all society. What's going to be rough is, Facebook says they're all about community and connecting the world and all this other happy stuff. And yeah, they are. And then you're going to fall for that, and you're going to end up paying for it. And you're going to end up teaching Facebook about your industry's social graph. Who knows who, and who's connected to real A players and stuff, and this just makes the recruiting function ripe for being taken over by artificial intelligence.
I've read a lot about it, you've gt to be really careful about building groups through Facebook. I'm probably going to build a group, just saying, using something like Member Press. If your listeners go to nextgig.com, that's an example of a membership site that I'm in the process of building. So they can see that.
Chris Russell: Awesome. We appreciate the time today, Harry. Last question, let's wrap this up. New recruiters starting day one, today is your first day on the job ... what's your advice to them?
Harry Joiner: Have some standards. Have some standards, and know who you'll do business with, and know ... be prepared to not do business with people who don't meet those standards.
I'll give you an example. I have three things that I look for, in a search. This goes back to having the best script. The first thing I look for when a company calls and they want me to take their searches ... "Are the underlying economics of the client's business favorable?" Because in direct-to-consumer e-commerce, which is my thing, there's nothing more unforgiving than bad economics.
So, is the cost per lead too high, cost per sale too high, is the product cost too high, can't mark that up sufficiently to sell online, whatever, cost per click too high, whatever. Now I understand something about whether they can actually make money online.
You may have a bunch of listeners who hear that and roll their eyes and go, "How are you supposed to learn all that?" Well, you ask questions. That's number one, are the underlying economics of the client's business favorable?
Number two, you have to know, "Will the role be reputation-enhancing for your candidate?" That's hugely important, man. Will the role be reputation-enhancing for your candidate?
That begs the question, "Who's your slam-dunk candidate?" So, there are movie agents out there who deal with only dramatic actors, or only comedic actors, or only people who do whatever, pick a specialty. Gangster flicks, or whatever.
So again, the riches in the niches. Pick some niche, whatever the niche is, and know something about who the A players are in that space, and what do they fear, and what keeps them up at night, and what are their top three daily frustrations, and what are their hopes and dreams, career-wise?
And then, every search that comes your way, ask yourself, "Is this a product that I want to sell to the best and brightest people in the industry?"
I heard something that was kind of shocking to me, but it makes perfect sense. There is an economist, and I forget the guy's name ... honestly, I wasn't going to mention this, but anyway, whatever. There's an economist now who's somehow derived that in any organization, more than 50% of the hard and soft economic value driven by that organization can be attributed to the square root of the number of employees. That's really interesting. That tells me that if you have a company of 25 people, there's like five people there who are calling the shots. If you have 100 people in a company, there's like 10 people that are calling the shots.
Your goal as a recruiter is to place people who are so unbelievable that your fee will be lost in the rounding of the incremental value that they drive for your organization. So, you have to know something about the underlying economics of the client's business, how they make money online, who they're selling to, what's the average order value, how many times per year the customer buys, and etc, where that growth is going to come from, blah blah blah. You have to figure that out. That's really important.
It will make you a better salesperson too, as a recruiter. It'll get you instant credibility, because the A players in your industry, this is the kind of crap they think of.
So again, numvber one, are the underlying economics favorable? Number two, will the role be reputation-enhancing for the candidate? The third thing I look at is, "Would I want my own son or daughter to go work for the hiring manager?" I stole that from Peter Drucker. That's not mine, that's a Peter Druckerism.
But I'll tell you, all of us ... guys, in particular, I think ... we would all work for an asshole. I know I would. I have, I've worked for an asshole if it meant that I got to put bread on the table. But if I ever saw somebody being an asshole to one of my kids, I would probably hit them.
My standards are a lot higher, in particular, for my daughters. Maybe that's a dad thing. I make no apologies about that.
Those are the things you want to think about when taking a search. And if you can get searches that will meet your own personal standards, and you have good, rigid standards, and you're not afraid to lay off a pitch that's outside of your strike zone, 'cause you'll see lots of them ... eventually, you'll be known as a recruiter who gets good jobs, and you'll attract good candidates. It's a process. It takes awhile. Be prepared to plant yourself there.
Chris Russell: Those are definitely words of wisdom, Harry. Again, Harry Joiner from ecommercejobs.com. Thank you very much for joining me today.
Harry Joiner: Thank you so much for having me. I guess that's it. Are we done?
Chris Russell: We're done.
That'll do it for this edition of the RecTech podcast. Thanks again to our sponsor, remember to check out jobsintheus.com for your local hiring needs. Follow me on twitter, @chrisrussell, or visit rectechmedia.com. You can find the audio and link for this show on our blog. Subscribe via iTunes, Google Play, or Soundcloud.
Thanks for listening, everyone. See you next time.
This Recruiter Uses Marketing Automation Tools NOT an ATS to Collect Candidates
SUMMARY: Ken Forrester (@kfrecruiter) doesn't use a traditional ATS. Instead he believes in Marketing Automation Software to collect and track his healthcare candidates. He's also an advisor to a new A.I startup called TerraTal that he believes will help third party recruiters take back their industry.
SUBSCRIBE: on iTunes on Google Play or SoundCloud
TOOLS MENTIONED: A.W. Forrester, Mautic, TerraTal
QUOTABLE: "A.I. does not replace a recruiter...What it does is it takes care of the top of the funnel type activities that a recruiter would do. And it puts the recruiter in a position to work with only qualified and interested candidates, or the ones that are a good fit. "
-Ken Forrester
FULL TRANSCRIPT:
Welcome to RecTech, the podcast where recruiting and technology intersect. Each month you'll hear from vendors shaping the recruiting world, along with recruiters who will tell you how they use technology to hire talent.
Now, here's your host, the mad scientist of online recruiting, Chris Russell!
Chris Russell: That's right, it's time for RecTech. The mission of this show is to help employers and recruiters connect with more candidates through technology inspired conversation.
If you listen, you'll hear both recruit and HR tech and there's talk about how they use tech to find talent.
Alright, first, this episode is sponsored by JobsInTheUS, they're our new sponsor. If your company needs to hire more local talent, JobsInTheUS.com, which you can post jobs for free on their national job search engine. They also operate 51 local states for every state in the country including Washington, DC. They've been online since 1999 and the job webs they power help you connect with more local candidates. You're gonna learn more at JobsInTheUS.com.
A quick note before I bring in our guest here, if you are in Boston on October 19th, come see me speak at RecruitCon. It's a one day recruiting conference that will be held at Aloft Boston Seaport. I'll be speaking on my social style, "Is your company website killing your recruiting game? How to tell and what you can do to fix it", so, I'm excited about that. My first speaking gig of the year, long overdue. And looking forward to spending a day or two in Boston up there.
You can google RecruitCon and use the discount code "Russell" R-U-S-S-E-L-L, to get $50 off the event ticket, if you want to go and save a few bucks.
Now, onto our guest. Ken Forrester is the president and founder of A.W. Forrester Co. It's an niche agency recruitment firm that focuses in the commercial health insurance industry. He started his recruitment career in 1990 as an agency recruiter. He's received rookie of the year honors, top recruiter, and highest placement fee awards. Ken believes his key to success is being able to incorporate non-recruitment solutions with traditional recruitment tactics. And we'll talk about that today.
He is inbound certified through HubSpot and an avid user of marketing automation technology, where he's developed a strategy for sourcing and nurturing prospective candidates. He also serves in an advisory role to TerraTal, a startup data science driven recruitment platform that implements machine learning technology into their recruiting and hiring process. And we'll talk about that today as well.
His objective is to consult with employers on best practice strategies for optimizing the hiring process. Ken, welcome to RecTech. It's great to have you.
Ken Forrester: Thank you Chris. I appreciate being here.
Chris Russell: We're gonna talk today about artificial intelligence and how it's gonna impact industry recruiters overall. And how you can capitalize on that industry knowledge. But first let me ask you, you work in ... You recruit in the commercial health insurance business. So what's that like these days, all this crazy political health care stuff going on, has it been good or bad for business overall?
Ken Forrester: Yeah, good question Chris, thanks for asking. Yeah with all the changes taking place, it's making the business a lot more complex. Guys who've been in the business for years, they really don't know what to do. And the younger generation, they're not really that focused on really learning the nitty gritty. So, it's creating a lot of challenge and at the same time, a lot of opportunities. But, the challenge remains the same, you know, how do you recruit top talent? And that's where I actually come in.
Chris Russell: Yeah.
Ken Forrester: And you know, like I said, I've been doing this for quite a while.
Chris Russell: Is there a lot of churn going on among health care companies, or what would you say is happening there?
Ken Forrester: Well, you know that's always been the case. Because in the insurance space, you know it's a lot of the old boy network, if you will. These guys have not really learned how to do marketing the traditional way. It's basically relationships. Taking someone out to golf and stuff like that. And with all this technology today, it's like I said, it's making the business a lot more complex though. They are struggling in terms of you know how to get customers, how to really build their business, and how to retain the customers that they have.
Chris Russell: Right.
Ken Forrester: So just like, we are the industry, it's kind of the same challenge.
Chris Russell: How big is your team Ken?
Ken Forrester: We are three people right now. Three and a half actually.
Chris Russell: Okay.
Ken Forrester: And-
Chris Russell: And where are you based?
Ken Forrester: I am in south Florida specifically.
Chris Russell: Okay.
Ken Forrester: And you know approach to recruiting is always to keep my overhead low, in this case it, you know, increase your profitability.
Chris Russell: Sure, sure.
Ken Forrester: So, I like to work and do other things at the same time you know, from a personal perspective.
Chris Russell: Gotcha. So let's talk tech quickly, what ATS do you use down there?
Ken Forrester: Applicant tracking system. I use a number of applicant tracking systems over the years. The one I use a lot, I'm not sure they're still around, was Sendouts I think they've been acquired by Bullhorn. But today, I use a marketing of automation software called Mautic.
Chris Russell: Mautic.
Ken Forrester: It can be customized, they have the same functionalities as the typical applicant tracking system. But, it goes a lot deeper.
Chris Russell: Okay.
Ken Forrester: Specifically you could create web pages, which you use to advertise jobs, and these things are tracked with a URL, if you will.
Chris Russell: Okay. So a landing page.
Ken Forrester: And it's called a [crosstalk 00:05:46]- Say that one more time?
Chris Russell: A landing page then.
Ken Forrester: Exactly, exactly. So you can use a landing page to advertise jobs and everything is tracked. And, you can see the activities that are taking place when someone opens an email, how it links to the job. So you know exactly who to talk to, or who to call at the right time.
Chris Russell: Does it store resumes too though?
Ken Forrester: Yeah, resumes can be uploaded, just like any other document.
Chris Russell: Okay.
Ken Forrester: And it could be attached to that person's record, just like ATS. But, this is not something ... They had someone actually went out and say, "Yeah, we're gonna make ATS do, upload resumes, it's like the typical ones." You have to have some type of expertise to really put that together.
Chris Russell: Okay, so again, it's called Mautic, Ken-
Ken Forrester: It probably works very effectively-
Chris Russell: Yeah, it's called Mautic, so it's M-A-U-T-I-C, right Ken?
Ken Forrester: Say that one more time Chris.
Chris Russell: It's called M-A-U ... It's spelled M-A-U-T-I-C?
Ken Forrester: M-A-U-T-I-C.com.
Chris Russell: Okay.
Ken Forrester: And there's a free version, so recruiters can sign up for it.
Chris Russell: Okay, so Ken, why did you opt in for that versus a traditional ATS when you were ... For your recruiting? I mean what was the reason behind that?
Ken Forrester: That's a good question. I would say if I look back at my recruiting career, I've always done it a little bit differently. Specifically, when job boards came out, I was building a job board at the same time. When social media became a part of recruiting, I was setting up social media type groups in that respect.
So today, marketing automation is the more cutting edge, if you will. And I utilize that because there's a lot more to recruiting than just the traditional way. If you look at marketing in that respect, it's about identifying prospects, nurturing those prospects. And it tells me the right time to reach out to those prospects. No different than recruiting. So that's what I really liked about it and it's a lot cheaper.
Chris Russell: A lot cheaper. Okay. What does Mautic charge you?
Ken Forrester: Like I said, of course there's a free version, and after that there's a ... You could get in a sliding scale. The one I have right now is $1,000 per year. But I have unlimited email, unlimited records, and the only thing it does not come with is support. Meaning that, you can reach out to someone and say, "Hey, I have a problem, can you help me?"
But, as part of the times, it's learning how to use marketing automation and with the knowledge I have in recruiting, I've been able to connect those dots. So, this is something I plan to at least present to recruiters so they can incorporate that in their business as well.
Chris Russell: Gotcha.
Ken Forrester: That's something I've been working for quite a while.
Chris Russell: Yep. Now you do a lot of sort of email contacting through this platform? Tell us more about that aspect of it.
Ken Forrester: Yeah. Let me just give you an example, let's say that you're trying to fill a job. And you've identified individual let's say in Dallas. Structure an email, but you can make it more personalized. And if you send an email out to those individuals, then you'll be able to determine right off the bat, which individual has opened your email. Which individual has clicked on the link to that has taken you back to the website.
So you can tell what everyone has done. And the more activity you see from one particular individual then you know that's most likely the person to reach out to. And when you do reach out to that individual, they know who you are. They have an idea, what you're trying to do. So it makes it a lot easier for them to return your phone call, when they leave a message for you. That's what it does.
Chris Russell: Right, okay.
Ken Forrester: They kind of sell you before you're able to sell them.
Chris Russell: Alright, so tell me more about sourcing. I mean how are you sourcing your candidates, are you using any tools for that? Obviously you're using LinkedIn and things like that, but any other specific tools or extensions you might be using as well as part of your day to day activities?
Ken Forrester: From a source of perspective, since I work at mixed market and I've been doing this for quite some time. I pretty much know who all the individuals are, they're in my database. I also use LinkedIn as well. But I also use this TerraTal. Should I get into TerraTal right now? Or is something-
Chris Russell: Yeah, you can talk about it briefly. So you're an advisor in this new AI startup called TerraTal, so I guess what is that and how'd you get started with it?
Ken Forrester: Okay. Well TerraTal is a recruitment solution that is driven by machine learning and artificial intelligence. And it's whole objective is to find talent in places that no one else is looking. And more importantly, it can identify a value and talent that is overlooked. And at the end of the day, I would say that it's gonna be used as a uberization of agents and recruiting. Did you get that Chris?
Chris Russell: Yeah.
Ken Forrester: Uberization. I say this because it's gonna take recruiting beyond just a placement fee. It's gonna produce more ways for recruiters to generate more revenue. Anyway to get back to the source and aspect of it, it's pretty unique. The way it works, I think I have to give you an example.
Chris Russell: Sure.
Ken Forrester: But, it utilizes applicants from multiple employers and the AI, I like to refer to it as an agent. It doesn't matter where the applicant comes from. It could be from applicants applying to jobs, it could be from recruiters inputting their candidates into their database. What it does it translates the job description into numbers. And it also translates the resume into numbers. That's the language that the computer can understand. And it kind of runs all the-
Chris Russell: Numbers like a score?
Ken Forrester: Absolutely.
Chris Russell: Okay.
Ken Forrester: So it matches the applicants with the job description, and it provides a score.
Chris Russell: Okay.
Ken Forrester: And let's say the score's from one to ten, ten being the highest, one being the lowest. If it's a ten, then you know that this person is someone who's worth talking to. So what it does essentially, if you start out with 100 resumes, right off the bat, it can tell you which applicant is the best one to talk to, just based on the job description.
Chris Russell: Okay.
Ken Forrester: So, it saves the recruiter a lot of time.
Chris Russell: Okay.
Ken Forrester: In terms of sifting through resumes.
Chris Russell: So now how do the-
Ken Forrester: But-
Chris Russell: Where does the resumes come from? Tell me more about, are these something you have to upload yourself, your own database, do they come from other sources? Tell me more about that part of it.
Ken Forrester: The resume comes in three different ways. It comes from applicants applying to job vacancies. So the first step of the process is for each applicant to answer some questions about themselves.
Chris Russell: So is that sort of like a job posting kind of built in? Is that what you're saying?
Ken Forrester: Yes, yes. So if they apply to a job, they have to upload their resume, and then they have to go through a survey. It's the same type of questions that a recruiter would ask someone to determine if they are qualified for the job.
Chris Russell: Yeah, pre-screening questions, okay.
Ken Forrester: Exactly. And the answers in either multiple choice from a drop down window. But basically every answer is attached to a number. Inside the system, it's like just running a ... What do you call the stuff at the grocery store again? ... It's like running bar codes in that respect.
The other one comes from recruiters like myself who have database of ... I've got maybe like 10,000 candidates in my database. If I introduce those candidates to TerraTal, then I don't have to cold call anyone, I don't have to track anyone down with emails. The system will determine which one's the best one's to do. And also, it could be from referrals as well. So anyone in the system can refer others. So, basically, instead of the applicant-
Chris Russell: So let me stop you there. So if ... Okay, so you got people apply to job postings through TerraTal, if you have a referral. So, are you sharing all that data with everyone else in the system?
Ken Forrester: Good question Chris. Everyone operates from the same database. It's not compartmentalized.
Chris Russell: Okay.
Ken Forrester: But-
Chris Russell: It's one resume database essentially.
Ken Forrester: Exactly, exactly. But it's the AI that controls all the activities in the database. It is trained to do it. So it takes all the greed, the self-interest, and everything that you don't like about agents and recruiting, out of the picture. So basically it puts the employer first. Meaning that you want to match the employer with the best person available, the best talent available. It puts the candidate first.
That means that, it's very important for the candidate to be in the right job. And it puts other recruiters ahead of you. Meaning that you will ... Any job that comes in, everyone is connected with each other so, every recruiter will try to determine if a new job or if their candidate is a fit for the job. And the system will tell you that right off the bat. So it's kind of like a split placement, if you will. But it's done from an automated perspective.
Chris Russell: Okay. So Ken, tell me ... Let me play Devil's advocate for a second. Why should I trust a machine to match the right candidate to a job? Does it really work?
Ken Forrester: That's a good question. It boils down to numbers. If you go to the doctor and they're looking at your blood test report, it's all numbers. But they can take a look at your numbers and tell you exactly what's taking place in your body. If you go to an accountant to look at your tax return, they can give you an accurate picture in terms of what has taken place.
So, numbers will give you an indication in terms of what has taken place in the past, and what activities mean today, and they can also project in the future. So when you bring things down to a science, it cuts through ... Well, they say that numbers don't lie. You've heard that before?
Chris Russell: Sure.
Ken Forrester: And it also cuts through a lot of crap. In that respect. So it's not perfect, but that's the beauty of artificial intelligence. It kind of gets smarter the more you use it and also the bigger the database. But it does not replace a recruiter, Chris. What it does is it takes care of the top of the funnel type activities that a recruiter would do. And it puts the recruiter in a position to work with only qualified and interested candidates, or the ones that are a good fit.
Chris Russell: Gotcha.
Ken Forrester: So again, it doesn't replace the recruiter because the recruiter will need to develop a relationship with the candidate. The recruiter will have to make sure that the offer is right. The recruiter has to make sure that the candidate resigns effectively. And to avoid all type of counter offers in this place.
Chris Russell: Right.
Ken Forrester: So what this does is move to the top of the funnel the-
Chris Russell: The short list.
Ken Forrester: The hard, repetitive type work and it allows the recruiter to focus on the bottom of the funnel's top activity.
Chris Russell: Nice.
Ken Forrester: Does that make any sense?
Chris Russell: Yeah it does. I mean, I think AI's going to assist recruiters in the future and not replace them overall. So it sounds like you're in agreement there. Ken, how big is the database right now at TerraTal? I mean, do you have any idea of how many resumes or profiles are in there?
Ken Forrester: Good question. We just did a re-launch about a month ago. So I deleted like 15,000 resumes and we're looking to have a couple of hundred thousand before the year is out. So, part of my purpose is to get the message out or to have conversations about this to recruiters. Because ... Agents and recruiters that is. Because we feel that agents and recruiters are in the best position right now to take back control of recruiting. Specifically, Monster has kind of jumped into the game and LinkedIn. And before that it was the agents and recruiters who actually played the biggest role in recruiting.
And now with AI coming into the game, who knows where agents and recruiters will be? So we feel that if we can arm agents and recruiters with the tool that will ... I would say transform them from just a recruitment vendor to more of a HR strategist. And provide tremendous amount of other ways to generate revenue. And I feel that agents and recruiters can play the role that they had played before all this technology. So that's kind of what-
Chris Russell: So agency recruiters strike back. Is that the message?
Ken Forrester: That's a good way to put it. Because right now, if you look at from an agent's ... A recruiter's perspective, it's all about placement fees. And, I'll give you an example. Let's say that someone called me and this person was a good fit for a particular organization. And I call up that organization and they say, "Well, you know we don't pay agency fees." What do I do? I immediately try to pick up and go to another organization.
Chris Russell: Right.
Ken Forrester: But the question is, what if that person was a great fit for that organization? Yeah, so are we really putting the organization first or the candidate first? Or are we putting the agency fee first? So, yeah that's an area that's ... Kind of needs to be disrupted. And there's ways to do that ... There's multiple ways in which recruiters can generate fees other than just that one arrow in the quiver, if you will-
Chris Russell: So, you're saying that this technology would help them uncover these candidates and so that will kind of force the employer to use them?
Ken Forrester: Yeah, well we feel that agents and recruiters are in the best position today to go after employers and also candidates. Because LinkedIn has what, over 500 million resumes or profiles. And I'm willing to bet that agents and recruiters have personal relationships with those individuals on LinkedIn. They have better relationships with those profiles than LinkedIn does.
Chris Russell: Sure.
Ken Forrester: So they were the ones in my opinion that kind of put LinkedIn on the map because they were the early adopters. And also, they are trying to find jobs to work on by reaching out to employers. If you could put a tool in their hands that's gonna make them more effective. And a tool in the employer's hand, which will help them reduce recruitment costs and identify the best person, then everyone wins.
And that's kind of what TerraTal does. So it allows the recruiter to utilize the platform to do the top of the funnel type work. And it allows employers to really save money. And also, there's two ways in which recruiters can generate revenue from utilizing the same platform.
Chris Russell: How?
Ken Forrester: The first way, is they can use it in their business. You know you have to ... You know you're busy going after the chase. You've gotta find the right candidate. So, here's a tool that's gonna help you to do this. So, it's gonna free up your time so you can spend more time working on multiple deals. Or, you know you can recruit employers. So, you can sell the same platform to any amount of employers you choose. And the way you generate revenue by introducing the steward to employers, is that you will get a commission from ... When an employer signs up, when an employer renews, and every time an employer utilizes a platform.
Let me just dive into the last part. I know all this is pretty new, Chris. So just interrupt me before-
Chris Russell: Okay.
Ken Forrester: Because I have a tendency to speak really fast when it comes to this. So, let me just focus on when an employee lies a platform-
Chris Russell: So an employer can use TerraTal as well?
Ken Forrester: Exactly, and it's the very same platform. This is totally new. You've gotta see it in action. It's kind of unbelievable. But, here's how the recruiter generates fees when the employee lies a platform. Let me just use an example, let's say that an employer's utilizing a platform and this employer has maybe ten jobs, or ten job vacancies. And let's assume that 50 applicants will apply to that job vacancy. What TerraTal does is, it identified the applicants in numerical order in terms of the ones that may be the best fit that a recruiter can reach out to.
But in addition to that, it will look at the employer's job description, and then it will look through the entire database. And it could be 15,000, and it will bring back an elite group of talent that will be more of a better fit for the employer. So now the employer have a choice. Do I take a look at the ones who applied to my job, or do I look at the ones who came from the huge pool? Most likely, the ones from the huge pool would be a better match. But in this situation, the employer will have to pay a fee to access those candidates.
The employer will be able to see the score because we talked about a score earlier. That this person might be a good fit. And in addition to that, the employer can see a detailed report on that particular applicant. And the detailed report is something that is similar to you bringing a candidate for an interview, and after rounds of interviews, you can learn a great deal about this particular candidate-
Chris Russell: What does that report say? Yeah.
Ken Forrester: Yeah. So the recruiter can take a look at the report to determine if this person is a good fit. If they say, that you know, "It might make sense to talk to this person." Then that employer will have to pay a $200 fee to obtain the candidate's name and contact detail. So everything is on that report with the exception of the name and the contact detail.
Chris Russell: Okay.
Ken Forrester: So-
Chris Russell: Is any of that fee shared with the recruiter who got that job up there? The resume up there? Let's say-
Ken Forrester: Absolutely.
Chris Russell: It is. Okay. And I guess TerraTal take a piece too?
Ken Forrester: TerraTal takes a piece and each recruiter shares a little piece of it.
Chris Russell: So, it's not so much-
Ken Forrester: So, and this is on an automated basis-
Chris Russell: Okay, so they can get paid [crosstalk 00:26:24]-
Ken Forrester: What was that?
Chris Russell: You know paid per contact if you will, as well.
Ken Forrester: Exactly. So, instead of having what, 10,000 candidates in your database, you may turn those candidates into qualified leads for other recruiters or other employers. Because how many can you work with at the same time?
Chris Russell: Yeah.
Ken Forrester: And we anticipate that this will be something similar to the stock exchange. Where you're gonna have multiple of these transactions taking place. So, my vision is that every day will be a pay day for recruiters. And it doesn't mean that the recruiter has to change their model in terms of what they're doing day to day. But the reality is that there's a change that is in front of us, and if we're not reacting to that change. Some of us may get caught flat footed. Specifically I'm referring to artificial intelligence.
Chris Russell: Yeah.
Ken Forrester: So, this is what I envision. And I've been doing recruiting for what, 24 years, 27 years, exactly. So I know the ins and outs. And I recognize something good when I see it-
Chris Russell: Yeah. And you said you actually placed the guys who built TerraTal, right? So tell us about how that got started.
Ken Forrester: Yeah, I actually placed them twice. Maybe 20 years ago I took them out of a very small company and put them into a major organization. And I would say that has been the secret to myself in recruiting, Chris. Is, I kind of keep in touch with everyone who I placed.
And I would say for the vast amount of ... The majority of my recruiting career, it was not the in the trenches recruiting. It was basically introducing someone I know to someone else that I've known. And what has happened is that I've been around so long that the majority of the people that I've known, they are approaching the retirement stage. So, they are, they're skills are not that in demand.
So you know, you get to that self-actualization stage in your career where you say that, "Well, should I start over or should I do something new?" And with the technology that's out here today, that wasn't around when I got started. I think this is a very exciting time to really start over. And the question is, if you were to start over, what will you do recruiting ... Would you build your recruiting business the same way that you did 20 years ago?
Chris Russell: I think the answer is definitely no. And it's an interesting concept Ken, I think the main challenge will be to you know, of course you know, mass ... Get enough resumes in there to kind of make it work. To start that market place. But I do think, that it's a media product out there, in terms of sort of like a repository of resumes that recruiters across the country can share. And tap into and get paid for as well, is something that doesn't exist today, but it should. And it sounds like TerraTal is trying to do that. So, have you used it-
Ken Forrester: Exactly.
Chris Russell: Yourself to find a place a candidate?
Ken Forrester: Oh, yeah, oh, yeah.
Chris Russell: Tell me that story quickly if you would.
Ken Forrester: I use that along with my marketing automation strategy. You see, the good thing is that if you're able to successfully get your candidate to create a profile in the exchange. And like I said, you don't have to really do the hard work part or the time intensive part of it. So, it makes it a lot easier to identify the right talent.
I've actually just started maybe a couple of months ago, a lot of the time I've spent in the time stage of it. So right now, I'm just really trying to get conversations started, because this is something that is totally new. And when something's so new, it's kind of difficult to really get your arms wrapped around it.
So the more conversation that I have, the more folks that I have, then they can actually visualize the concept and the platform is something that is also very easy to use as well. It kind of mirrors the same agency recruitment model that I grew up with. Where if you have maybe let's say an agency with about 25 recruiters, those 25 recruiters collaborate with each other and share in the talent pool as well as the job postings, even though they're competing with recruiters outside of the organization.
So, what TerraTal does is, it creates that agency environment and that can be done at scale. Like I said, it takes the zero sum game mentality out of the agency recruitment process, if you will. And it takes the greed and the self-interest out of it. And that's where the artificial intelligence part really adds value. In my opinion.
Chris Russell: Nice. Well Ken, I certainly appreciate the advice today. I guess last question for you, what kind of advice do you have for recruiters out there when it comes to using AI or other technology to find talent?
Ken Forrester: I would say, do not be afraid to use AI because, artificial intelligence will not replace recruiters. It may replace some of the function of recruiters, specifically at the top end. From an agency recruitment perspective. It will replace the cold calls, the chasing after candidates, the emails, trying to find the right person from a corporate recruiting perspective. It's gonna take ... The looked at screening the resumes, phone screening, and conducting interviews with the wrong candidates.
Wrong candidates are the ones who will not make it the finalist pool, if you will. So, again, it will not replace recruiters. It will take the place of some of the functions of recruiting. So that would be my advice.
Chris Russell: Alright, well Ken Forrester, thanks for joining me today. How can people connect with you online and with TerraTal?
Ken Forrester: Yes, certainly, you can connect with me on LinkedIn and also I'm giving my email address, which is ken@awforrester.com and at Twitter @kfrecruiter.
Chris Russell: @kfrecruiter. We'll be sure to put those links in the show notes Ken. Thanks again for talking to us today.
Ken Forrester: Thank you Chris, I really appreciate it.
Chris Russell: Yep, and also you can find TerraTal at TerraTal.com, TerraTal, and we'll link to that as well. That will do it for this edition of the RecTech podcast. Thanks again to our sponsor and remember to check out JobsInTheUS.com for your local hiring needs. Follow me on Twitter @ChrisRussell or visit RecTechmedia.com.