2001 electronic recruiting index - interbiznet
TRANSCRIPT
2001 ELECTRONIC RECRUITING INDEX
The Human Capital Marketplace
Executive Summary
IBN: interbiznet.com
© 2001, IBN: interbiznet.com
2001 Table of Contents Volume I 1. Executive Summary 2. Introduction 3. The Human Capital Management Industry 4. Human Capital Management Changes Everything 5. 21st Century Ad Agency 6. Employment Branding 7. The Chief Talent Officer 8. Forecasts and Predictions 9. Recruiter’s Survey Results 10. Stock Market Performance
Volume II Detailed analysis of the top 225 vendors in the Human Capital Management Market.
2002 Table of Contents Volume I 1: Industry Overview and Stats 2: Job Board In A Box Companies 3: Regional Job Boards 4: Trends and Forecasts 5: Public Company Performance 6: Market Opportunities and Acquisition Targets 7: Design Trends in Corporate and Vendor Job Boards / Employment Sections 8: Investors and Investments 9: Buyers’ Survey 10: Summaries and Conclusions Volume II A CDRom containing - a database of detailed evaluations of over 300 critical vendors and, - detailed stats on 400 regional job boards in 5 MSAs including volume and contact info
John Sumser’s Electronic Recruiting Index
In today’s Dynamic Recruiting Market, access to the right information is vital to the success of your business. The Electronic Recruiting Indices are your key to the trends, events, and players shaping the Recruiting Industry.
Each year, interbiznet.com delivers a comprehensive analysis of the Electronic Recruiting Space. This year's edition, The 2002 Electronic Recruiting Index (ERI), builds on the material contained in the 2000 & 2001 ERI, bringing this fast paced Industry into focus.
___ 2001 & 2002 ERI $2,595
___ 2002 ERI $1,995 ($1,695 until 1/15/02)
___ 2001 ERI $1995 ($1,495 until 1/15/02)
Name__________________________Title __________________ Company ____________________________________________ Address _____________________________________________ City _____________________State _________Zip ___________ Country___________________ Email_____________________ Phone____________________Fax ________________________ Email ___________________________________________ MasterCard – Visa – Amex (PLEASE CIRCLE ONE) Card #_______________________________Exp. ___________
Total ___________ Shipping & Handling Ground Service $12.00 ___________ Second-Day $18.00 ___________ Overnight Service $30.00 ___________ Overseas Airmail $50.00 ___________ Subtotal ____________ CA Residents add 8.5% tax ___________ Grand Total $__________ Signature ___________________________
FAX YOUR ORDER NOW: 415-389-1191 ♦♦ Place your order by phone – 415-389-6493 ♦♦ Order Online:
http://www.interbiznet.com/order/ or ♦ Mail Order Form to: IBN: Interbiznet, PO Box 637, Mill Valley, CA 94941 ♦
Hiring
Develop Candidate Pool
Identify Job Requirement
Screening Assessment Interviewing
Hiring
Identify Job Requirement
Develop Candidate Pool
Screening Assessment Interviewing
Traditional Method
Incrementally Improved Method
Develop Candidate Pool
Identify Job Requirement
Screening Assessment Interviewing
HiringLong Range Hiring
Plans
Hiring 2.0 (Human Capital Development) Method
Goal: Fill The Position
Goal: Decrease Cycle Time
Goal:Begin to Manage Supply Chain
Phased Process Improvements Over Five Years Of Industry Development
The 2001 Electronic Recruiting Index is simultaneously an extension of seven years of
research and a standalone analysis of the emerging Human Capital Management
Industry. Beginning with the pioneering work of the job board companies in the
Electronic Recruiting Index, the Human Resources function is being radically reshaped
by vendors and innovative internal practitioners. Each step forward brings a heightened
emphasis on quality and planning at the expense of older, reactive methods.
The 2001 Electronic Recruiting Index features:
Ø The first ever comprehensive description of Human Capital Management
as an Organizational Function
Ø A detailed design for Recruitment Optimization Audits
Ø A clear picture of the services and functions provided by a 21st Century
Recruitment Advertising Firm
Ø A detailed analysis of the top 225 companies in the Human Capital
Industry (Volume 2)
Ø The only industry-wide survey of the top 100 Job Boards (by traffic),
Ø A comprehensive look at the financial performance of all 59 public
companies in the arena;
Ø A complete rethink of the impact of labor shortages on conventional
management practice,
Ø An analysis of trends and influences driving the industry, and,
Ø A range of other system wide diagrams, insights and material for
retention management, Employee out reach and other evolving sourcing
methods.
Sources Of Human Capital
The 2001 Electronic Recruiting Index documents the continuing evolution of an
industry that grows too quickly to categorize. The introduction of Web technology into the
Recruiting process makes an array of heretofore impossible measurements both
practical and useful. As the labor shortage continues and expands, the Recruiting team
Blue Collar, Technical
Blue Collar, Technical
White Collar
White Collar
White Collar
Sources Of Human Captal
Post Secondary Schools
Secondary Schools
Elementary Schools
Other Companies
Other Countries
Current Employees
Former
Employees
Post Secondary Schools
Secondary Schools
Elementary Schools
Staffing Firms
Referral Programs
must increasingly use all of the assets available to build a long-term labor supply while
increasing the organization’s return on its Human Capital Investment.
Managers charged with navigating the rapidly changing industry are stuck with extremely
complex problems . The industry itself offers little in the way of help. Over 40,000
vendors offer services that overlap and conflict with each other. Little is done to resolve
opposing claims or verify marketing assertions. The ERI offers a detailed plan for a
company that would be positioned to solve all of the Human Capital Management needs,
Essential Functions In An SBB (21st Century Advertising Agency)
Account Management Requirements Analysis Branding and Strategy Message Design & Development Tactics Development Message Delivery Media Research Media Planning Demographic Targeting Media Buyers Creative Content Generation Audience Development Audience Relationship Management Response Management Technical / IT Results Measurement / Monitoring Database Development Data Parsing/Integration (Wrapping) Overhead Financial Management HR Treasury Subcontract Management Recruitment Technology Sourcing Section Recruitment Optimization Recruiting Training Technology Analysis Systems Data Interfaces Sales and Marketing Alliance Development Regional Offices Sales Biz Dev
from sourcing to seating, for its clients. Detailed plans for an audit process are also
included in the section
The core Electronic Recruiting Segment has surpassed even our optimistic earlier
financial forecasts. Nearly $7.5 Billion will change hands in this arena that did not even
exist six years ago.during 2001. Meanwhile, the overall HCM Industry is headed towards
a $60 Billion dollar year in 2005.
The ERI describes the various industry components in a patient, modular fashion so that
business planners and Recruiters alike may begin to make sense of the rapidly
morphing environment. It is clear, for instance, that Job Boards are an early, somewhat
primitive manifestation of the tools available to the Chief Talent Officer of five years
hence.
We see the Job Board segment as the logical precursor of a complex set of inter-related
tools and companies that strive to make their customers the best possible talent pool
managers.
Candidate Pool Development Revenues
0
5,000
10,000
15,000
20,000
25,000
Mill
ions
Of D
olla
rs
Advertising Management 8 20 30 37 60 120 170 250 325
Pool Retention and Development 0 0 7 30 50 120 250 325 500
Retail Traffic Development 0 2 8 40 100 250 500 850 1100
Wholesale Traffic Development 60 304 642 1000 1200 1500 1750 2000 2200
Other Pool Development 14 29 122 240 500 750 1250 1750 2200
Fee Based Job Board Revenues 93 446 1425 3245 5253 7520 10520 12500 16000
1997 1998 1999 2000 2001 2002 2003 2004 2005
HCM Industry Revenue
0
10000
20000
30000
40000
50000
60000
1997 1998 1999 2000 2001 2002 2003 2004 2005
$ M
illio
ns
Alumni Relationship Management SystemsEmployee Relationship Management SystemsHiring Workflow ToolsIntake and TrackingWebsite DevelopmentDatabase SubscriptionsScreening & CredentiallingAssessmentSourcingWholesale Pool Management ToolsRetail Pool ManagementAdvertising ManagementPool Retention and DevelopmentRetail Traffic DevelopmentWholesale Traffic DevelopmentOther Pool DevelopmentFee Based Job Board Revenues
Elements Of An Employment Brand Checklist
Clear Staffing Requirements Definitions Immediate Requirements Medium Term (1 to 3 Years) Long Term (3 to 5 Years) Prioritization and Budgeting Department Level Demographic Targets Age Groupings Regional Groupings Historical Groupings Key Intersections Message Components Core Hook and Tailoring Graphic Images Level Of Playfulness Profession Specifics Positioning Value: Propositions and Realities Hygiene: Comp and Benefits Challenge By Profession Benefits of Membership Specific Attractors Audience Retention/ Relationship MGT Aggregation Of Positive Results Time Based Data Collection Pulsed Value Delivery Communications Systems Brand Reinforcement Performance Feedback Mechanisms Response Rates Repeat Traffic Supply Effectiveness Hiring Quality Formal Assessment Delivery Mechanisms Web Email Internal Broadcast Print
Each year, we conduct a detailed survey of over 2,000 professional recruiters. We detail
their familiarity with and experience of a range of companies in the industry, These
survey results are then converted into Customer Satisfaction, Market Penetration and
Usability assessments of the covered firms.
This year, the ERI covers the following 100 Companies in its survey. They were chosen
based on traffic rankings according to an independent traffic authority,
Companies Surveyed
Company Name Traffic
Rank
Category
ZDNet 1 niche site
recruitingshark 2 Research
The Washington Post 3 niche site
Headhunter.net 4 Job Board
Cnet 5 niche site
Bloomberg Financial 4 niche site
HotJobs 6 Job Board
DICE 7 Job Board
Guru.com 8 Free Agent
Standard Media International 9 niche site
Jobs.com 10 Job Board
Monster.com 11 Job Board*
Ad Age 12 niche site
Vault.com 13 Job Board
Your Magazine (Fortune) 14 niche site
Ad Week 15 niche site
Washington State Labor Market 16 niche site
Business.com, Inc. 17 niche site
JOBTRAK 18 niche site
Wet Feet Press 19 Job Board
Net-Temps 20 Job Board
FlipDog 21 Job Board
BrassRing 22 Services
Jobsite UK 23 Job Board
1-jobs.com 24 Job Board
Job Options 25 Job Board
Fast Company 25 niche site
NationJob, Inc 26 Job Board
Computer World 27 niche site
CareerMagazine 28 Job Board
Brainbench 29 Credentialli
ExpertCentral 30 niche site
Companies Surveyed
Company Name Traffic
Rank
Category
Excite Careers 31 Job Board
ComputerJobs.com 32 niche site
Career Web 33 Job Board
The San Diego Union Tribune 34 niche site
interbiznet 35 Resource
Brilliant People 36 Exec Srch
SAP 37 Services
Information Week 38 niche site
JobsAhead.com 39 Job Board
Coolworks 40 niche site
Salary.com 41 Services
Student Advantage 42 niche site
VerticalNet 43 niche site
AARP 44 niche site
GlobalNet 45 niche site
Boston Globe 46 niche site
Cruel World 47 niche site
Recruiters OnLine Network 48 Services
Career Builder 49 Job Board
CareerBridge Corp. 50 niche site
FreeAgent.com 51 Free Age
Career Cast 52 Services
Ants.com 53 Free Agent
Cytiva/CareerExchange 54 Job Board
Electronic Recruiting Exchange 55 Resource
Campus Worklink 56 niche site
Kforce 57 Third Party
4 Work 58 Job Board
CareerSite Corp 59 Job Board
eQuest 60 Gateway
JobWarehouse 61 niche site
Workseek.com 62 niche site
Companies Surveyed
Company Name Traffic
Rank
Category
Careers.wsj.com 63 niche site
Kelly Services 64 Third Party
Job Bank USA 65 Job Board
techies.com 66 niche site
Skill Bot 67 Services
Future Step 68 niche site
Volt Infomation Sciences 69 Third Party
Experience.com 70 niche site
Workforce Magazine 71 Resource
IDG 72 niche site
Career City 73 Job Board
Job Finder 74 niche site
TMP 75 Agency
Manpower 76 Third Party
Best Jobs In The USA 77 job Board
Leaders OnLine 78 niche site
Chicago Tribune 79 niche site
LatPro 80 niche site
Aquent Partners 81 Services
Companies Surveyed
Company Name Traffic
Rank
Category
Benefits Link 82 Services
Employ China 83 niche site
MBA Free Agents 84 niche site
Destiny Group 85 niche site
ProvenResumes.com 86 niche site
Real Cities (KR.com) 87 niche site
Referrals.com 88 Services
Top Echelon Network, Inc. 89 Services
Adecco, Inc. 90 Third Party
Recruit USA 91 Gateway
Compuware Corp. 92 niche site
WebHire 93 Services
Crain's NY Business 94 niche site
Penton 95 niche site
Contract Job Hunter 97 niche site
Contract Employment Weekly 96 niche site
Hire.com 98 Services
jobpilot AG 99 niche site
Job Centro 100 niche site
Schools OtherCompanies
CurrentEmployees
FormerEmployees
ReferralPrograms
OtherCountries
StaffingFirms
Cu
rren
tly
Lo
oki
ng
9%
Co
uld
Be
Mo
tiva
ted
23
%
Hap
py
and
Co
nte
nt
(No
t L
oo
kin
g A
t A
ll)
68
%
Sources Of People
Rel
ativ
e A
vaila
bili
ty
The Job Board Realm
Education, Appeals to Greed, Opportunity Presentation, Attempts to Move Into Job Boards,Training Outreach, Direct Marketing, Targeted Web Advertising, Incented Introductions,
Active-Direct Contact, Relationships, Networking
The Unexploited, Unexplored Pipeline Opportunity
Top HCM Sites By Customer Satisfaction
0.00 0.10 0.20 0.30 0.40 0.50 0.60 0.70 0.80 0.90
HotJobsNet-Temps
The San Diego Union TribuneCareer Cast
Careers.wsj.comChicago Tribune
LatProHire.com
Recruit USAMonster.com
Vault.comNationJob, Inc
The Washington Post Bloomberg Financial
Wet Feet PressBrassRing
Information WeekVerticalNet
Career Builder4 Work
techies.comHeadhunter.net
Guru.comCoolworks
CareerSite CorpWebHire
DICEExcite CareersJob Bank USA
IDGComputerJobs.com
Volt Infomation SciencesFreeAgent.com
Ad AgeAd Week
Business.com, Inc.Career Web
ManpowerReal Cities (KR.com)
Brilliant PeopleContract Employment Weekly
Cruel WorldJOBTRAK
Computer WorldAnts.com
CareerMagazineContract Job Hunter
JobWarehouseJob Options
Boston GlobeRecruiters OnLine Network
Jobs.comJob Centro
CnetStandard Media International
GlobalNetCareer City
Best Jobs In The USA MBA Free Agents
Adecco, Inc.Top Echelon Network, Inc.
Compuware Corp.ZDNet
Cytiva/CareerExchange
Sites By Relative Sales Force Effectiveness
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Monster.comDICE
Headhunter.netJob Centro
Recruiters OnLine NetworkHotJobs
Career BuilderComputerJobs.com
GlobalNetRecruit USA
JOBTRAKWet Feet Press
Net-TempsCareer Web
CareerMagazineVault.com
CoolworksVerticalNet
Excite CareersBusiness.com, Inc.
Top Echelon Network, Inc.Cruel World
ZDNetBrassRing
recruitingsharkContract Employment Weekly
NationJob, IncComputer World
Job Bank USACnet
Job OptionsReal Cities (KR.com)
Careers.wsj.comtechies.com
IDGBrilliant People
Cytiva/CareerExchangeFreeAgent.com
Compuware Corp.4 Work
MBA Free AgentsContract Job Hunter
Career CityWebHire
CareerSite CorpHire.com
LatProJobWarehouse
Adecco, Inc.Boston Globe
Ants.comGuru.comAd WeekJobs.com
Ad AgeVolt Infomation Sciences
Career CastBest Jobs In The USA The Washington Post
Bloomberg FinancialChicago Tribune
Standard Media InternationalInformation Week
ManpowerThe San Diego Union Tribune
Value Of Electronic Recruiting Stocks
$0.00
$500.00
$1,000.00
$1,500.00
$2,000.00
$2,500.00
$3,000.00
J-00 F-00 M-00 A-00 M-00 J-00 J-00 A-00 S-00 O-00 N-00 D-00
Value Of New Economy Stock Basket
$0.00
$500.00
$1,000.00
$1,500.00
$2,000.00
$2,500.00
J-00 F-00 M-00 A-00 M-00 J-00 J-00 A-00 S-00 O-00 N-00 D-00
Contents Of The 2000 Electronic Recruiting Index
Section Description Contains
1. Executive Summary A detailed introduction to the material featuring key charts and findings
2. Introduction A look at the global implications of the labor shortage on HR systems and their design. Defines functionality used to assess the companies in Volume 2.
• Global Growth Rates • End to End Functionality • Shortage Strategies • Outsourcing Guide
3. The HCM Industry The Statistics and Industry Description. Five Top level industry segments are deconstructed to identify growth vectors and growth directions
• 5 Year Sales Forecasts • Market Opportunities • Industry Structure
4. Human Capital Changes A description of the changes brought to the market by generational shifts in the labor supply. Defines the underlying premise for long term industry growth in sourcing, network development and communications systems.
• Mindset Changes • Management Changes • Investment Metrics • Rethinking Retention
5.21st Century Ad Agency A defining view of all of the services required to be delivered by a “Single Belly Button” provider of web service and recruitment optimization.
6. Employment Branding A clear description of all of the elements of a comprehensive Employment Branding strategy.
7. Role Of The CTO Defines the organization that pulls together and delivers a high quality labor supply that meets the needs of the organization.
8. Trends and Predictions Key variables in the near and medium term future of the Industry
9. Recruiters Survey The top 100 HCM companies (including job boards) were ranked according to traffic volume and then assessed by over 2000 Active Recruiters. The survey is a standard measurement of brand penetration, growth potential and acquisition desirability.
• Customer Satisfaction • Sales Effectiveness • Acquisition Desirability • Market Penetration • Detailed Data
10. Stock Market
Performance
59 Public Companies with initiatives in the Human Capital Market are covered in detail along with an aggregate performance analysis that compares old school to new school companies
• Business Description • Stock Chart • Contact Information • Comments
Volume 2 A CD based database of the Top 225 companies in the industry.
• Detailed Business Case • Contact Information • Functionality Maps • Site Reviews • Rankings • Data Output
2001 Table of Contents Volume I 1. Executive Summary 2. Introduction 3. The Human Capital Management Industry 4. Human Capital Management Changes Everything 5. 21st Century Ad Agency 6. Employment Branding 7. The Chief Talent Officer 8. Forecasts and Predictions 9. Recruiter’s Survey Results 10. Stock Market Performance
Volume II Detailed analysis of the top 225 vendors in the Human Capital Management Market.
2002 Table of Contents Volume I 1: Industry Overview and Stats 2: Job Board In A Box Companies 3: Regional Job Boards 4: Trends and Forecasts 5: Public Company Performance 6: Market Opportunities and Acquisition Targets 7: Design Trends in Corporate and Vendor Job Boards / Employment Sections 8: Investors and Investments 9: Buyers’ Survey 10: Summaries and Conclusions Volume II A CDRom containing - a database of detailed evaluations of over 300 critical vendors and, - detailed stats on 400 regional job boards in 5 MSAs including volume and contact info
John Sumser’s Electronic Recruiting Index
In today’s Dynamic Recruiting Market, access to the right information is vital to the success of your business. The Electronic Recruiting Indices are your key to the trends, events, and players shaping the Recruiting Industry.
Each year, interbiznet.com delivers a comprehensive analysis of the Electronic Recruiting Space. This year's edition, The 2002 Electronic Recruiting Index (ERI), builds on the material contained in the 2000 & 2001 ERI, bringing this fast paced Industry into focus.
___ 2001 & 2002 ERI $2,595
___ 2002 ERI $1,995 ($1,695 until 1/15/02)
___ 2001 ERI $1995 ($1,495 until 1/15/02)
Name__________________________Title __________________ Company ____________________________________________ Address _____________________________________________ City _____________________State _________Zip ___________ Country___________________ Email_____________________ Phone____________________Fax ________________________ Email ___________________________________________ MasterCard – Visa – Amex (PLEASE CIRCLE ONE) Card #_______________________________Exp. ___________
Total ___________ Shipping & Handling Ground Service $12.00 ___________ Second-Day $18.00 ___________ Overnight Service $30.00 ___________ Overseas Airmail $50.00 ___________ Subtotal ____________ CA Residents add 8.5% tax ___________ Grand Total $__________ Signature ___________________________
♦ FAX YOUR ORDER NOW: 415-389-1191♦
♦ Order by phone – 415-389-6493 ♦
♦ Order Online: http://www.interbiznet.com/order/ or ♦
♦ Mail Order Form to: IBN: Interbiznet, PO Box 637, Mill Valley, CA 94941 ♦