Polycom Solutions for Human Resources

The best companies know that top talent can be located anywhere in the world, and they must widen their talent development and acquisition strategies accordingly:

14 of the 100 best companies to work for have over 50% of employees outside the US 27 of the 100 best companies to work for have over 25% of employees outside the US

Polycom allows companies to focus on building the best teams with the best employees from around the world. Smith Group uses Polycom for HR interviews across 400 locations and 50 countries to help them identify and retain the right human capital. Once employed, it brings this global company together.

Managers and team members for global organizations are often in different time zones. By leveraging Polycom collaboration solutions you can support high levels of engagement for dispersed teams – to give them the same collaboration feeling as interacting face-to-face.

Online video is an integral part of the hiring process for countless domestic and international companies. Its use jumped an astounding 320% from 2010 to 2011, because the video interview process provides superior results:

95% talent retention rate for candidates chosen through an online video interview process

• 54% of employees screened through video interviewing achieved goals on time as opposed to 43% hired the traditional way
• 82% of candidates chosen via video interviews delivered 12-month milestones on time

Mining and steel production company OAO Severstral utilizes Polycom video to host panel style interviews with participants around the globe. This allows stakeholders to vet new candidates in a more thorough style and find the right fit for their global organization.

Besides being more effective, video interviewing is less costly, resulting in as much as a 67% savings in travel expenses.

When HR leaders spark a transformation by involving live video interaction, they're able to facilitate better employee onboarding by:

Reducing scheduling complexities and eliminating travel Creating an effective employee training and development environment for remote participants through integrated video and content sharing

• Allowing geographically dispersed employees to achieve critical mass for training sessions
• Recording individual sessions for on-demand playback and subsequent new employee onboarding

50% of all hourly workers end up leaving new jobs within the first four months, while half of all senior outside hires fail within 18 months.

A growing number of companies are improving talent retention by using integrated video, audio, and content collaboration to:

• Support home or remote office work and flexible working as incentive beyond an increase in pay
• Improve employee engagement by creating more productive work environments
• Establish mentorships - disregarding geographical location
• Improve training and development by offering on-demand and remote access to live video sessions

HR leaders rank “growing talent internally” as one of their top strategies to meet the human capital challenge - and for good reason! According to a study from Bersin & Associates, when organizations develop strong learning cultures they are:

92% more likely to develop novel services and products 56% more apt to be first in market

• 53% more effective at responding to customer needs

The time and cost associated with planning and implementing training can be great; up to 50 percent of all training budgets go towards planning and administration costs. Polycom customer Lincoln Fire and Rescue saw a 66% increase in training efficiency through video collaboration.

Video collaboration enables organizations to deliver interactive, face-to-face training sessions to a widespread audience without the planning, travel, and logistics issues associated with on-site courses.

According to a Wainhouse Research/Polycom survey, 87% of remote workers say video conferencing allows them to feel more connected to their colleagues. This is a key statistic, when you consider that 70% of today's workers say they don't feel engaged at work.

Polycom video collaboration solutions can significantly enhance employee engagement and performance, while fostering secure communication across all networks and devices.