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www.stepstone.com The Job Market of Choice StepStone

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Page 1: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com

The Job Market of Choice

StepStone

Page 2: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 2

Axel Springer Digital Classifieds

StepStone GmbH

StepStone Group Organisation

Axel Springer Digital GmbH

30% 70%

Saon Group Totaljobs

Group

StepStone

Yourcareer Group

Page 3: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 3

Our Company Vision

In the future, talent is the key factor in our clients’ success –

the right people in the right place, at the right time, at the right cost

We have a simple ambition – to have enabled more

organisations to achieve talent success than any other

company. We will achieve this by using our privileged insight and our

values to deliver our clients a unique, tailored and scaleable

combination of the right talent, tools and processes

All over the world, when you ask a successful leader

who supports their talent success, the answer will be

clear… "StepStone"

Page 4: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 4

Our Company Mission

Job Market

of Choice

Page 5: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 5

Job seekers

The job market of choice

Employers

Our people Investors

the best knowledge and tools

to find jobs or get found

easy, efficient and successful

hiring through

technology & service

a challenging, rewarding, and

result-oriented workplace

a superior financial return

Page 6: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 6

Where is StepStone

Page 7: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 7

StepStone – market leading job board group

Germany: #1

United Kingdom:#1

Belgium: #1

Ireland: #1

Central America: #1

France: #3+

Luxembourg: #2

90%+ revenues from #1

positions

Caribbean region: #1

Netherlands: #2

Austria: #3

South Africa: #1

Page 8: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 8

StepStone Facts

• 35+ million visits per month

• 15 million subscribers

• 12.8 million CVs

• 330,000 jobs

• 58,000+ customers

• 1200+ employees

• 20 countries

• 135+ countries via The Network

Page 9: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 9

Candidate Manager Independent (IE) Blocket (SE) Jobindex (DK)

Hotel Catering IT Regional ...

Jobs CVs Employer

branding

Our business

Generalist job boards

Niche job boards

Hosting & candidate management

Page 10: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

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StepStone’s market

StepStone outperforms competition and …

… has survived numerous “disruptive business models”

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004

Company

Websites

Google Base

Referral sites Social

networks

Agents

Google

Jobs

LEHMANN

StepStone Invoiced Sales Development

Social

Networks (again?)

Job crawlers/

Meta Search

Engines/

Aggregators Unemploy-

ment office

Craigslist

Kijiji

Page 11: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

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Vibrant market place

Key success factors

Sales

Delivery

Entrepreneurship

Critical number of job seekers

Attractive job offers

Best in class sales organisation

Deliver more candidates than

competitors

Empowered key personnel on all levels

Lean and agile organisation

Page 12: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 12

LT Innovate Vendor Challenge 2014

Page 13: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 13

Products: Offer Search & DirectSearch (CV Search)

Page 14: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 14

Search & Match Team

Diverse team

Developers

Computational linguists

Linguists

Lexicographers

Split between Brussels, Berlin, Munich and London

4 PhDs

Responsible for StepMatch, the core search engine, across the StepStone group

Page 15: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

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StepMatch

Semantic Search

automatic correction of spelling mistakes

suggestions based on job-title synonyms and variants

gender-neutral results; both masculine and feminine job titles are shown in the result list

Page 16: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 16

Lexical Semantic Search

• Dictionary of Job Titles + Synonyms

Page 17: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 17

StepMatch Goals

EMPLOYERS

Having the right job seekers find the correct job

Finding the most qualified candidates in our CV database

JOB SEEKERS

High relevance

Ease of Use

Anywhere, anytime

Search behavior Intelligence

Delivery of quality candidates to recruiters

Page 18: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 18

What are we looking for?

Automatic Discovery of Synonyms & Translations

Page 19: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

www.stepstone.com 19

Requirements

Technology that will process new job offers and automatically suggest synonyms and translations

Multilingual – EN, DE, NL, FR

Cross-lingual – translations across all languages

Will be integrated into our lexical management system via an API

Must be installed on StepStone servers as a set of Java libraries or a local web service

Input data

Job adverts

• Job title

• Function categories

• Sector categories

Sample data will be available

Page 20: StepStone - LT-Innovate Challenge 2014... · 5  Job seekers The job market of choice Employers Our people Investors ... CV database JOB SEEKERS High relevance Ease of Use

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Thank you

Dewi Wibowo Marketing Programs Manager

StepStone

Koningsstraat 47 Rue Royale

B-1000 Brussels

T :+32 (0)2 209 98 83

F :+32(0)2 218 79 45

M:+32(0)486 644 676

[email protected]

Casper Davies International Product Manager, Search

StepStone n.v./s.a

Koningsstraat 47 Rue Royale

1000 Brussel/Bruxelles

T +32 (0)2 209 98 93

M +32 (0)474 84 35 73

F +32 (0)2 218 79 45

[email protected]