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How	
  to	
  Compete	
  for	
  Sales	
  Talent	
  
Against	
  Be6er	
  Paying	
  Companies	
  
	
  
October	
  7,	
  2015	
  
Courtesy	
  of:	
  
	
  
Tips	
  for	
  using	
  WebEx	
  	
  
•  Receiving	
  Teleconference	
  Info	
  
•  The	
  chat	
  box	
  	
  
(asking	
  quesKons/tech	
  issues)	
  
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Featured Speakers
Lauren McNiff
Sr. Programs Manager, Self
Service at Glassdoor
Lauren.McNiff@Glassdoor.com
Rob Jeppsen
SVP Sales and General Manager
at HireVue
RJeppsen@hirevue.com
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Agenda
•  Supply and Demand of Sales Talent
•  Considerations for Developing Your
Sales Recruiting Strategy
•  Five Tips for Beating Higher
Paying Companies
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
#GDChat
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Competition for Sales Talent Is Steep
MORE THAN 66,291
corporate and account sales positions
open across the United States
Based on Glassdoor Research Report: Highest Paying Cities & Companies for Sales Jobs
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
What Motivates Sales Professionals
to Explore Other Opportunities
Who Your Competition Is
Where Your Competition is Located
What You Need to Know
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Audience Poll
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Sales Pros Are Open to Jumping Ship
of sales professionals
plan to look for a new job
in the next year
68%
Glassdoor Survey: How to Recruit Sales Professionals (2014)
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Most Common Reasons
Sales Pros Will Leave a Job
1
2
3
4
5
Salary and Compensation
Career Growth Opportunities
Company Culture
Relationship With Manager
Senior Leadership
72%
65%
48%
46%
38%
Glassdoor Survey: How to Recruit Sales Professionals (2014)
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Glassdoor Research Methodology
•  Reviewed total pay and job openings
of 80+ U.S. cities
•  Compiled highest median total
compensation for corporate and
account sales jobs
•  ≥50 salary reports for account and
corporate sales (excludes retail)
Highest Paying Cities & Companies for Sales Jobs
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Know Where Your Competition Is Located
Highest Paying Cities for Sales Jobs
Based on Glassdoor Research Report:
Highest Paying Cities & Companies for Sales Jobs
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Know Who’s Handing Out
the Biggest Paycheck
Based on Glassdoor Research Report: Highest Paying Cities & Companies for Sales Jobs
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
5 Tips for Competing Against
Bigger Paychecks
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Step 1: Invest in Coaching and Mentoring
Provide a growing company feel, but
provide a mature company experience
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
The Case for Coaching
Coaching Drives
Performance
4X
More Than Just Outcomes…
Retention
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
What should be our Defensible Advantage…
Direct Manager Needs to Coach A Manager’s Greatest Weakness
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Step 2: Provide Sales Talent
With an Unbeatable Opportunity
For GROWTH. For EXPERIENCE.
For NETWORKING.
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Build a Referral Program
68%of sales professionals are more
likely to apply to a company
that a friend recommends
45%of sales professionals
hear about opportunities
from former co-workers
35%of sales professionals
hear about opportunities
from social media
22%of sales professionals hear
about new job opportunities
from networking events
Glassdoor Survey: How to Recruit Sales Professionals (2014)
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
A Resume Only Tells You So Much
Take Leonardo da Vinci’s from 1482.
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Step 3: Be Transparent About the
Pros and Cons About Your Company
value when a recruiter
is transparent about the
pros and cons
76%
Glassdoor Survey: How to Recruit Sales Professionals (2014)
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Pay Fairly, but Focus on the Benefits
SALARY IS THE #1 FACTOR
people consider when choosing
where to work.
Glassdoor Survey: How to Recruit Sales Professionals (2014)
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
What and Where They’re Selling Matters
would accept less money
to work at a company
selling something compelling
78%
Glassdoor Survey: How to Recruit Sales Professionals (2014)
are likely to accept less
money to work at a company
with a great culture
71%
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Step 4: Hire a Rookie
2.8 MILLION GRADS
will enter the job market in 2015
Goodman, Leah. Millennial College Graduates: Young, Educated, Jobless. Newsweek U.S. (2015)
Confidential and Proprietary © Glassdoor, Inc. 2008-2015
Step 5: Advertise Your Jobs Strategically
of sales professionals learn
about job opportunities from
online job sites
75%
Glassdoor Survey: How to Recruit Sales Professionals (2014)
SHRM Staffing Management Conference & Exposition
Ques2ons?	
  
 
Thank	
  you	
  for	
  joining	
  us!	
  
	
  
	
  
•  A	
  recording	
  of	
  this	
  session	
  will	
  be	
  available	
  on	
  www.Recrui2ngTrends.com	
  within	
  a	
  few	
  
business	
  days.	
  	
  
	
  
•  You	
  can	
  visit	
  our	
  previously	
  recorded	
  event	
  library	
  at	
  any	
  Kme:	
  	
  	
  
	
  	
  	
  	
  	
  	
  	
  h@p://www.recrui2ngtrends.com/webinar/previous-­‐webinars	
  
	
  
•  This	
  webinar	
  is	
  approved	
  for	
  1	
  recerKficaKon	
  credit	
  hour	
  through	
  HRCI.	
  If	
  you	
  have	
  not	
  already	
  
requested	
  credit	
  upon	
  registraKon	
  please	
  email	
  jill.adler@meeKng-­‐ma6ers.com.	
  
	
  
•  Please	
  send	
  your	
  quesKons,	
  comments	
  and	
  feedback	
  to:	
  bstevens@divcom.com.	
  

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How to Compete for Sales Talent Against Better Paying Companies

  • 1. How  to  Compete  for  Sales  Talent   Against  Be6er  Paying  Companies     October  7,  2015   Courtesy  of:    
  • 2. Tips  for  using  WebEx     •  Receiving  Teleconference  Info   •  The  chat  box     (asking  quesKons/tech  issues)  
  • 3. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Featured Speakers Lauren McNiff Sr. Programs Manager, Self Service at Glassdoor Lauren.McNiff@Glassdoor.com Rob Jeppsen SVP Sales and General Manager at HireVue RJeppsen@hirevue.com
  • 4. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Agenda •  Supply and Demand of Sales Talent •  Considerations for Developing Your Sales Recruiting Strategy •  Five Tips for Beating Higher Paying Companies
  • 5. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 #GDChat
  • 6. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Competition for Sales Talent Is Steep MORE THAN 66,291 corporate and account sales positions open across the United States Based on Glassdoor Research Report: Highest Paying Cities & Companies for Sales Jobs
  • 7. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 What Motivates Sales Professionals to Explore Other Opportunities Who Your Competition Is Where Your Competition is Located What You Need to Know
  • 8. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Audience Poll
  • 9. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Sales Pros Are Open to Jumping Ship of sales professionals plan to look for a new job in the next year 68% Glassdoor Survey: How to Recruit Sales Professionals (2014)
  • 10. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Most Common Reasons Sales Pros Will Leave a Job 1 2 3 4 5 Salary and Compensation Career Growth Opportunities Company Culture Relationship With Manager Senior Leadership 72% 65% 48% 46% 38% Glassdoor Survey: How to Recruit Sales Professionals (2014)
  • 11. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Glassdoor Research Methodology •  Reviewed total pay and job openings of 80+ U.S. cities •  Compiled highest median total compensation for corporate and account sales jobs •  ≥50 salary reports for account and corporate sales (excludes retail) Highest Paying Cities & Companies for Sales Jobs
  • 12. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Know Where Your Competition Is Located Highest Paying Cities for Sales Jobs Based on Glassdoor Research Report: Highest Paying Cities & Companies for Sales Jobs
  • 13. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Know Who’s Handing Out the Biggest Paycheck Based on Glassdoor Research Report: Highest Paying Cities & Companies for Sales Jobs
  • 14. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 5 Tips for Competing Against Bigger Paychecks
  • 15. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Step 1: Invest in Coaching and Mentoring Provide a growing company feel, but provide a mature company experience
  • 16. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 The Case for Coaching Coaching Drives Performance 4X More Than Just Outcomes… Retention
  • 17. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 What should be our Defensible Advantage… Direct Manager Needs to Coach A Manager’s Greatest Weakness
  • 18. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Step 2: Provide Sales Talent With an Unbeatable Opportunity For GROWTH. For EXPERIENCE. For NETWORKING.
  • 19. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Build a Referral Program 68%of sales professionals are more likely to apply to a company that a friend recommends 45%of sales professionals hear about opportunities from former co-workers 35%of sales professionals hear about opportunities from social media 22%of sales professionals hear about new job opportunities from networking events Glassdoor Survey: How to Recruit Sales Professionals (2014)
  • 20. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 A Resume Only Tells You So Much Take Leonardo da Vinci’s from 1482.
  • 21. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Step 3: Be Transparent About the Pros and Cons About Your Company value when a recruiter is transparent about the pros and cons 76% Glassdoor Survey: How to Recruit Sales Professionals (2014)
  • 22. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Pay Fairly, but Focus on the Benefits SALARY IS THE #1 FACTOR people consider when choosing where to work. Glassdoor Survey: How to Recruit Sales Professionals (2014)
  • 23. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 What and Where They’re Selling Matters would accept less money to work at a company selling something compelling 78% Glassdoor Survey: How to Recruit Sales Professionals (2014) are likely to accept less money to work at a company with a great culture 71%
  • 24. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Step 4: Hire a Rookie 2.8 MILLION GRADS will enter the job market in 2015 Goodman, Leah. Millennial College Graduates: Young, Educated, Jobless. Newsweek U.S. (2015)
  • 25. Confidential and Proprietary © Glassdoor, Inc. 2008-2015 Step 5: Advertise Your Jobs Strategically of sales professionals learn about job opportunities from online job sites 75% Glassdoor Survey: How to Recruit Sales Professionals (2014)
  • 26. SHRM Staffing Management Conference & Exposition Ques2ons?  
  • 27.   Thank  you  for  joining  us!       •  A  recording  of  this  session  will  be  available  on  www.Recrui2ngTrends.com  within  a  few   business  days.       •  You  can  visit  our  previously  recorded  event  library  at  any  Kme:                    h@p://www.recrui2ngtrends.com/webinar/previous-­‐webinars     •  This  webinar  is  approved  for  1  recerKficaKon  credit  hour  through  HRCI.  If  you  have  not  already   requested  credit  upon  registraKon  please  email  jill.adler@meeKng-­‐ma6ers.com.     •  Please  send  your  quesKons,  comments  and  feedback  to:  bstevens@divcom.com.