Increase your Service Advantage: Innovations in Agent Hiring

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©  2014  HireIQ  Solutions,  Inc.    All  rights  reserved   www.hireiqinc.com  www.hireiqinc.com  www.hireiqinc.com  

Executive  Webinar  Series  

Increase your Service Advantage: Innovations in Agent Hiring

Will  start  shortly.  

©  2014  HireIQ  Solutions,  Inc.    All  rights  reserved   www.hireiqinc.com  www.hireiqinc.com  www.hireiqinc.com  

A  little  housekeeping…  × All participants will be on audio mute for the

duration of today’s webinar. × If you have a question, please use the Q&A

window in the WebEx pane on the right side of your screen.

× This webinar is being recorded and will be available on our website: www.hireiqinc.com by March 28.

× Copies of the slides and Q&A will be provided to all participants

©  2014  HireIQ  Solutions,  Inc.    All  rights  reserved   www.hireiqinc.com  www.hireiqinc.com  www.hireiqinc.com  

Keith  Dawson  Practice Leader, Customer Engagement Team Ovum

Keith covers contact center technologies, including infrastructure, software, and services. His particular interest in recent years has been the customer experience: how to measure it, and how companies can use the contact center to manage that experience to their advantage. He also covers emerging service delivery technologies, including speech analytics and proactive outbound and advanced workforce optimization tools, all with an eye to understanding how organizations can best allocate resources and optimize customer satisfaction. He speaks frequently on these topics at industry conferences and webinars.

© Copyright Ovum. All rights reserved. Ovum is a subsidiary of Informa plc. 4

The Next Generation of Agent Hiring

Keith Dawson Practice Leader, Customer Engagement

March 26, 2014

© Copyright Ovum. All rights reserved. Ovum is part of the Datamonitor Group. 5

Focus points

§  The relationship between agent performance and customer experience

§  Is there one?

§  Can it be managed?

§  The agent lifecycle

§  What is it, why should you pay attention to it, how can you control it?

§  New technologies for pipeline improvement

§  Casting a wider net means more choice, better options

§  Some best practices in agent pipeline management

© Copyright Ovum. All rights reserved. Ovum is part of the Datamonitor Group. 6

Why it’s better to get it right at the beginning

One Rep Makes 5 calls per hour

= 200 calls per week

= 10K calls per year

= 30k in a typical job

lifetime Big $ at risk

How scared are you that the person you barely know is talking to 30,000 of your customers?

How much is at risk based on the behavior of a $12/hour staffer?

© Copyright Ovum. All rights reserved. Ovum is part of the Datamonitor Group. 7

Recruitment is a major headache

What are your major pain-points with regard to your in-house call centre?

2.00 2.25 2.50 2.75 3.00

Ability to invest in new CRM technologies

Ability to keep up with CRM technologies

Compliance demands

Ability to mine customer data

Agent incentivisation

Establishing reliable service level metrics

Agent training

Multilingual agent availability

Retaining good agents

Managing multiple channels

Cost control

Maintaining high service quality

Technology reliability

Hiring good agents

© Copyright Ovum. All rights reserved. Ovum is part of the Datamonitor Group. 8

The goals of agent onboarding

Get the right number of staff

Ensure they have the best mix of skills

Provide them with the appropriate tools

Measure their performance and ensure consistency

Propagate best practices throughout the pool

Repeat …

© Copyright Ovum. All rights reserved. Ovum is part of the Datamonitor Group. 9

The lifecycle of a call center rep

Before the first call

Time on the job

Moving up or moving

on

© Copyright Ovum. All rights reserved. Ovum is part of the Datamonitor Group. 10

The lifecycle of a call center rep

Before the first call

Time on the job

Moving up or moving

on

Recruitment

Pre-hire assessment

Training / Incubation

© Copyright Ovum. All rights reserved. Ovum is part of the Datamonitor Group. 11

What’s changing in technology

• Ability to hear inside the content of recordings •  Isolate variables like language proficiency, clarity, or emotional

responsiveness Analytics

• Measure how well a candidate’s qualities match a profile of the desired agents

• Benchmarking against existing successful agents

Psychological Profiling

• Save recruiters time by only putting promising interviews in front of them

Automated interviews

• Make decisions based on desired KPIs like csat, sales, tenure (as predicted by assessment tools)

Outcome-based hiring

• Distributed infrastructure enables a wider net without adding costs to the hiring process Cloud

© Copyright Ovum. All rights reserved. Ovum is part of the Datamonitor Group. 12

New best practices are emerging

Spend more time on determining important criteria

Audit the existing skills base and highlight replicable qualities

Avoid thinking of hiring as a set of silos

Measure performance and relate back to hiring process

Don’t just leave pipeline management to HR

© Copyright Ovum. All rights reserved. Ovum is part of the Datamonitor Group. 13

How it affects the customer experience

•  Training $ savings •  Shorter incubation •  Better adaption to company •  Lower turnover •  Propagation of best

practices

Operational Benefits Improved Customer

Experience

© Copyright Ovum. All rights reserved. Ovum is part of the Datamonitor Group. 14

Take-Aways

•  Have a clear idea of the requirements you need

•  Explore the new technology that can shorten and maximize the process

•  Look to turnover, sales, csat, recruiter time and other metrics as part of the cost justification for hiring automation

•  Continually benchmark actual agent performance with predicted outcomes

•  Foster interdepartmental collaboration

© Copyright Ovum. All rights reserved. Ovum is part of the Datamonitor Group. 15

Questions?

Contact Information

Keith Dawson Practice Leader, Customer Engagement 646-572-3209 keith.dawson@ovum.com Twitter @keithdawson

©  2014  HireIQ  Solutions,  Inc.    All  rights  reserved   www.hireiqinc.com  www.hireiqinc.com  www.hireiqinc.com  

Outcome-Based Hiring Strategies For an Exceptional Customer Experience

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Typical  Hiring  Process  Process

Step Assess.

Test Phone Screen

Phone Int. HR Int.

Supv. Int. Job Offer

Backgr. Check Onboard

Number 1,000 800 520 234 145 102 78 70

Pass Rate 80% 65% 45% 62% 70% 76% 90% ---

Duration (Biz Days) 2 10 6 5 5 2 5 35

$ Per $35 $20 $30 $35 $35 $20 $100 $1,282

Total $ $35,000 $16,000 $15,600 $8,190 $5,075 $2,040 $7,800 $89,705

Add to this: Cost to Source (typ. $750/1,000) Cost of onboarding (range: $2,000 - $6,500 each) Onboarding interval (range: 2 – 6 weeks) Time to proficiency (> 4 weeks)

Impact: Cost of Hire: $3,282 - $7,782 Effective Interval: 13 – 17 weeks

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Automate  the  Screening  Process  Process

Step Digital

Int. Assess.

Test Phone

Int.

In-Person

Int. Job Offer

Backgr. Check Onboard

Number 1,000 500 400 220 143 100 85

Pass Rate 50% 80% 55% 65% 70% 85% ---

Duration (Biz Days) 1 2 6 5 2 5 21

$ Per $5 $35 $30 $35 $20 $100 $595

Total $ $5,000 $17,500 $12,000 $7,700 $2,860 $10,000 $50,560

Impact: Cost of Hire: $2,595 - $7,095 Effective Interval: 6 – 10 weeks

Benefits: Cost of Hire reduced by 54% Time-to-hire reduced by 40% Qualified hires increased by 21%

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Outcomes-­‐Driven  Hiring  

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Key  Driver:  90-­‐Day  Retention  

90-d

ay “S

urvi

val R

ate”

87% 56%

Before HireIQ

1.6x

17%

5x

©  2014  HireIQ  Solutions,  Inc.    All  rights  reserved   www.hireiqinc.com  www.hireiqinc.com  www.hireiqinc.com  

Key  Driver:  Performance  Optimization  4

or 5

Per

form

ance

Rat

ing

(1-5

Sca

le)

Training Training +30 Training +60

8x

Recommended

Not Recommended

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