Summit14 -T3.2: Jobvite Index -Gaspar

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Jobvite

Summit14 - Jobvite Annual User Conference - Breakout Session Presentation. 4.30-5.1

Reclutamiento y RR. HH.Tecnología Empresariales

What Makes a Great Recruiting Organization
Brian Gaspar
Jobvite, Sr Director of Product Marketing
Jobvite Index

When Looking @ Numbers Know That…
• Not All #’s Apply to You
• Not All #’s Mean Something
• Not All #’s are Real
• Comparisons & Correlations Matter

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…

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

What Makes a Great Recruiting Organization?
1. Achieve Growth Goals
1. Acquire Talent
2. As Soon as Possible
3. Acquire at a Reasonable Cost

14%18%Profit Margin
Exceeded Missed
Earnings Per Share $0.54$1.44
Open Positions 515891
Workforce Cost 23% of Revenue25% of Revenue
Daily Filled Positions 1618
Financial Growth
Market ExpectationsCompany Rating
CEO Rating

Product & Innovation Growth
Recommendation
• 20% Difference
From Low to High

Market Capitalization Growth
Missed Meet

Where are the Engineers?
55%
2%
3%
2%
1%
1%
4%
23%
9%

Where are the Engineers Really At?
59%
9%
7%
3%
1.5%
1%
1%
1%
1.5%
1%
1%

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

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

Days to Hire An Engineer in the US?
72
89
56
83
44
78
68
74
86

Employees Recommending Their Company
Days to Fill
• 61 Days – Low
• 39 Days – High

100%
Applications
7.3%
Requisitions
3.6%
Interviews
1.2%
Hires
Pipeline Speed
Days to Fill
• 26 Days Jobvite
• 38 Days High Tech
• 45 Days Industry

In Top 10 SW CountriesHourly Rate of an Engineer
$22
$38
$15
$46
$26
$44
$25
$19

Stock Based Compensation
Recommendation
• 10% Difference
From Low to High

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

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