Date post: | 06-Aug-2015 |
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Social Media |
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7 Top Social Media Myths for Financial Advisors Debunked
Thanks for joining me today!
Michelle HummelCEO of Web Strategy Plus offeringWeb Design, Social Media, Mobile Apps, SEO, Content, PPC + More!
Founder of Web Media University &Columbus Social Media Enthusiasts
How are employers currently using social media for recruitment?
7 Top Social Media Myths for Financial Advisors Debunked
Social Recruiting Stats
7 Top Social Media Myths for Financial Advisors Debunked
• 44% said social recruiting increased both the quality & quantity of candidates
• 34% said it improved the time to hire• 30% percent said social networks
improve employee referrals• 73% plan to increase their social
recruiting spend • 55% plan to use a mobile career site
Relationships matter more than ever, forcing recruiters to engage candidates at every touch point.
Stats Resource: Social Recruiting Survey Results 2014
37% of companies use social networks to research potential job candidates
7 Top Social Media Myths for Financial Advisors Debunked
What are hiring managers looking for on social media?
• if candidate presents himself/herself professionally – 65%
• good fit for the company culture – 51%• candidate’s qualifications – 45%• candidate is well-rounded – 35%• reasons not to hire the candidate – 12%
How to Hire and Retain Millennial Candidates
7 Top Social Media Myths for Financial Advisors Debunked
• Born: 1977 – 1994• Population of over 71 million• 52% listed ‘the potential to grow with a
company’ an essential part of their decision to accept a position
• Value Choice – engage them in creating incentive plans
• Value Experiences – appreciate rewards like zip-lining tickets, yoga retreat gift certificate
• Over 83% use social networks every day • Use of LinkedIn has gone up by 700% in the
last year • Your recruiting and application process must
be social media friendly
If they cannot complete applications from their smartphones - chances are they won’t complete them at all.
7 Top Social Media Myths for Financial Advisors Debunked
Questions to Ask Yourself
• Do you have a career portal on your website?
• Is it mobile friendly website? • Do you provide videos, images and a clear
understanding of what is it you are offering to job seekers on your website?
• Is your application process easy? Integrated with LinkedIn?
• Is your website social media friendly allowing people to easily share your job openings?
Social media has great potential to create a sense of community around your personal brand.
7 Top Social Media Myths for Financial Advisors Debunked
Mobile Friendly Website is Critical
Mobile Devices have become bigger than PC sales
86% of adults own a Mobile phone 53% use it to access the Internet 57% of users will not recommend a business
with a poorly designed mobile site
Mobile Internet is becoming the Internet
7 Top Social Media Myths for Financial Advisors Debunked
Is your Website “Social Media Friendly”?
• Fresh Content, you must be writing and posting new blogs for SEO
• Social Content, you must be providing interesting content others will enjoy and share
• Easy to share, do you provide your visitors easy ways to share, like, download and/or retweet your content?
Is your content easily shareable?
7 Top Social Media Myths for Financial Advisors Debunked
You have 3 seconds to grab your potential candidates attention!
• Make job descriptions that are fun! Great opportunity to stand out amongst all the other job postings out there
• Sell the experience of working with your company with a video tour, staff testimonials and share your companies vision
• Apply button is always easily accessible?• Can they easily signup through LinkedIn?• Do you ask the minimum amount of
questions? • Automated “thank you for applying” email
and display your social media links
Easy Application Process?
• What is your best employee testimonial?• Do you have a story to share about when
an employee went above and beyond?• What is your most emotionally engaging
story?• When did you go above and beyond for an
employee? • People like to connect with real stories
they can relate to.
People remember stories.
7 Top Social Media Myths for Financial Advisors Debunked
Set Your Company Apart – Tell Your Best Employee Stories
LinkedIn Facts & Stats
7 Top Social Media Myths for Financial Advisors Debunked
• Launched in May 2003• 161 million members • Operates in over 200 countries • 2 new members per second• 5.3 billion professionally-oriented
searches on the platform• More than 2 million LinkedIn Company
pages
Average Member:• College educated• 43 years old• Making $107,000
LinkedIn is 277% More Effective for Lead Generation Than Facebook & Twitter!
Add Your Recruitment Video to your LinkedIn Profile
7 Top Social Media Myths for Financial Advisors Debunked
• SlideShare app• Portfolio Display by Behance
Promote:• YouTube Videos• Presentations• Infographics• Brochures• Sales Kit
Register a Company Profile
7 Top Social Media Myths for Financial Advisors Debunked
• You will need the domain name of the actual website to register it
• Company profiles rank high in Google search
• Be sure all your employees personal profiles are linked to the Company page
• Publish and promote your jobs on the Careers section
Publish Recruitment Ads on the LinkedIn platform
7 Top Social Media Myths for Financial Advisors Debunked
• Create a Pay Per Click Ad or Sponsor your Content• Target your audience to get best results
Join and Participate in Groups to reach your Target Job Seeker
7 Top Social Media Myths for Financial Advisors Debunked
• Maximum groups you can join is 50
• Answer questions• Provide helpful feedback• Be seen as an expert in your
Industry• Provide links to helpful resources• Follow thought leaders in the
group or your competition to learn more
Download LinkedIn Mobile Recruitment Apps
7 Top Social Media Myths for Financial Advisors Debunked
• LinkedIn supports the iPhone, Blackberry, Android and Palm devices
• Get updates and share your status – all while on the go!
• Send birthday wishes, congratulate on promotions etc.
Top LinkedIn Apps• LinkedIn App• LinkedIn Connections
Facebook for Recruitment
7 Top Social Media Myths for Financial Advisors Debunked
• #1 most visited website in the world• 71% of the Internet is on Facebook• 901 million active users• 1 in 6 users access from mobile phones
exclusively• 77% of potential candidates will visit your website
from Facebook with a mobile device
Average Member:• College educated• 25-40 years old• Making $50,000
Facebook Ads for Recruitment
7 Top Social Media Myths for Financial Advisors Debunked
• Ads targeted by users interests Favorite movies, books, hobbies, passions and interests.
• Location - city, state or country• Demographics – birthday, relationship
status, age, gender or language spoken
• Likes and interests • Education and work - specific
company, college or level of education• Connections - target or exclude users
who like certain pages, events, groups and/or apps
7 Top Social Media Myths for Financial Advisors Debunked
Stats Resource: Social Recruiting Survey Results 2014
Find Potential Candidates on Facebook with Graph Search
Twitter for Recruitment
7 Top Social Media Myths for Financial Advisors Debunked
• 35% of Fortune 500 Companies have a Twitter handle for Recruitment
• 58% of job seekers use Twitter to find jobs• 100 million active Twitter users• Average number of Tweets per hour is
around 1.3 million
Average Member:• College educated• 25-40 years old• Making $50,000
7 Top Social Media Myths for Financial Advisors Debunked
Employers should focus more on marketing their companies as great places to work!
Job openings shouldn’t be the only thing they post!
Most Common Ways Job Seekers Use Twitter
Twitter Recruitment Content Strategy Ideas
7 Top Social Media Myths for Financial Advisors Debunked
• Employee Spotlights• Company events• Work environment/job perks• Career advice• Company’s products/services• Invite questions• Quote or fact about your industry• Trending industry related topics• Add #hashtags to reach targeted job
seekers• Job Openings
Google Plus for Recruitment
7 Top Social Media Myths for Financial Advisors Debunked
• 4th largest social network• 28% of users are Millennials • 343 million active users• 38.7% of all Google+ visits are by those in the
25-34 age bracket• 70% of brands have a Google Plus business
page
Average Member:• College educated• 25-40 years old• Making $50,000
7 Top Social Media Myths for Financial Advisors Debunked
Find Potential Candidates on Google Plus with Keyword Search
YouTube for Recruitment
7 Top Social Media Myths for Financial Advisors Debunked
• #2 Search Engine in the World• 6 billion hours of videos watched per month• 300,000,000 visits per day• 100 million likes, share or comments every week• 100 hours of video is uploaded to YouTube per
minute
Average Member:• College educated• 25-40 years old• Making $50,000
YouTube Recruitment Strategies
7 Top Social Media Myths for Financial Advisors Debunked
PLAYLIST IDEAS:
• Employee Video Testimonials• About the Company• Open Positions
Day in the Life of the job• Company Events with pictures• Workplace Perks• Social Causes your company is
passionate about• Infographics with interview tips• Cool promo/logo items with your
Company name on it
Pinterest for Recruitment
7 Top Social Media Myths for Financial Advisors Debunked
• 10 Million US Monthly Visitors• More than 80% of users are women• 29% are between the ages of 39-44• 80% of pins on Pinterest are repins
Average Member:• College educated• 25-40 years old• Making $50,000
7 Top Social Media Myths for Financial Advisors Debunked
Find Potential Candidates on Pinterest with Keyword Search
Pinterest Recruitment Content Strategies
7 Top Social Media Myths for Financial Advisors Debunked
PINTEREST BOARD IDEAS:
• Employee Profiles - fun facts/stories• Company History• Day in the Life of the job• Company Events with pictures• Workplace Perks• Social Causes your company is
passionate about• Infographics with interview tips• Cool promo/logo items with your
Company name on it
Are your employees Brand Advocates?
7 Top Social Media Myths for Financial Advisors Debunked
• Fastest way to create Brand Advocates is to create employees that love the company they work for
• Employees naturally share positive word of mouth and deliver exceptional customer experiences
• They share every idea they have to help the company and it's products/services to thrive!