E N D
2. FUTURE DIRECTION OF EXECUTIVE RECRUITMENT
3. New Kids on the Block
4. New Kids on the Block
5. executivesontheweb.com
6. executivesontheweb.com Launched in 1999.
Processes 20,000+ job applications a month
Database of 55,000+ CVs of executives
70,000+ candidates registered for JBE (jobs by email)
7. theexecutiveclub.com
8. theexecutiveclub.com Subscription based service
100K+ jobs
Personal Review – Thomas International
CV Distribution
Top Employers Directory
CV Critique
Online Professional Profile - New
10. AGENDA REMINDER - HOW IT WAS!
THE EARLY EXECUTIVE RECRUITMENT MARKET
ONLINE RECRUITMENT MARKET 2007….
THE FUTURE
11. Reminder – How it was
12. PROCESS 1
13. THE EARLY RECRUITMENT MARKET(including Executive Recruitment)
14. Online recruitmentearly experiences1999…. Scepticism – will it work?
Recruitment companies reluctant to pay.
Lack of confidence to buy online.
Recruitment companies viewed online job boards as competition.
Recruitment companies and candidates limited knowledge of the internet.
Corporate organisations slow to change.
15. Online executive recruitmentearly experiences1999…. All of the previous experiences as outlined on the previous slide plus:
Executives would never look for a job online!
16. Online recruitmentEarly Experiences1999…. Scepticism – will it work?
Recruitment companies reluctant to pay.
Lack of confidence to buy online.
Recruitment companies viewed online job boards as competition.
Recruitment companies and candidates limited knowledge of the internet.
Corporate organisations slow to change.
Executives would never look for a job online!
17. The exception Corporate organisations slow to change.
18. David Hurst - Onrec “The UK has been slower due to the complexity of the recruitment market place with national, regional, and free newspapers, business magazines, 14,000 recruitment agencies, recruitment advertisement agencies and a government recruitment solution, 400+ job boards and application tracking technology…. it’s no wonder it’s taken a while for companies to embrace.”
19. 10 years of online recruitment
20. 10 years of Executive Recruitment
21. RECRUITMENT MARKET 2007/8
22. ADSPENDYear to December 2007 vs. Year to December 2006
23. Compound Annual Growth, 2002-2007
24. Internet Adspend 2002 to 2007
25. Total UK Online Recruitment Spend 2005 - £157.99 m
2006 - £200.56 m 26.9% increase over 2005
2007 - £274.74 m 36.9% increase over 2006
26. WHY IS THIS?
27. 29 million UK internet users
28. UK Online Job Seekers
29. UK household internet use
30. Broadband costs
31. Online UK job seekers by age group
32. The Future
34. Web 2.0
35. Social Bookmarking
36. del.ico.us
37. LookSmart - FURL
38. Networks
39. Linkedin
40. spoke
41. craigslist
42. myspace
43. viadeo
44. facebook
45. Blogs 100 million to 200 million Blogs worldwide
46. “ Only 15% of the UK’s workforce is actively looking for a new job ”
The remaining 85% includes many high quality candidates
How do you get at the other 85% ?
47. ConclusionOnline executive recruitment The executive market has developed out of all recognition since 1999…..
Today there are numerous offerings for both the executive candidate and the executive recruiter:
Free job posting and “pay for” job postings
Free access for candidates and paid for subscription services
Social networking sites
Professional networking sites
48. For The Recruiter And The Candidate
49. 2008...... The Road Ahead
50. 2008...... The Road Ahead
51. Thank You
52. Questions