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Summit14 -T3.2: Jobvite Index -Gaspar
1. What Makes a Great Recruiting Organization
Brian Gaspar
Jobvite, Sr Director of Product Marketing
Jobvite Index
2. When Looking @ Numbers Know That…
• Not All #’s Apply to You
• Not All #’s Mean Something
• Not All #’s are Real
• Comparisons & Correlations Matter
3. 2.1 Million
Employees
$235 Billion
Current Quarter Revenue
1.6 Million
CEO & Company Ratings
19%
Profit Margin
3
745 Thousand
Positions
$2.4 Trillion
Market Capitalization
133
Countries
24 Months
Of HCM & Market Data Collected
Job Index Comprises Of…
4. 1 for 2661 for 123Employee Ratio
Recruiters Human Resources
Why Recruiters Are More Important than HR
Expanding In 55 Countries64 Countries
Work Environment AfghanistanGuatemala
Median Total Cost $36 an Hour$44 an Hour
Median Time to Fill 51 Days37 Days
5. What Makes a Great Recruiting Organization?
1. Achieve Growth Goals
1. Acquire Talent
2. As Soon as Possible
3. Acquire at a Reasonable Cost
16. Social Recruiting
• 56% More Job Seekers from Social Media
• 54% Higher Rate of Jobvites being Viewed
Offer
Qualify
Talent Pools
Apply/Refer
Inquiry/Prospect
Attract
• 2.5X More Applicants per Month
• 90% More Candidate Communications
• 22% Faster Time-to-Fill
• 17% Higher Acceptance Rate
• 54% More Hires from Referrals
• 20% More Hires Per Month
• 30% More Hires from Jobvites
Start
17. Mergers & Acquisitions
M&A Key Stats
• Cost $117.8B or 3X Total
Qtrly Employee Costs
• Avg 1 Per Company
• 39 by 1 Company
• $27B Spent by 1 Company
29. What Makes a Great Recruiting Organization?
Refined…
• Exceed Financial/Product Targets & Ignore Stock
• The World is the Talent Pool
• Fill Positions in Less Than 26 Days
• >70% of Employees Would Recommend the Company
• On Avg, Spends <$24 an Hour For Engineers