The rise of digital marketplaces and the opportunity for recruiters John Paul Caffery, Founder and Director, TheJobPost
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The rise of digital marketplaces and the opportunity for recruiters John Paul Caffery, Founder and Director, TheJobPost
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The rise of digital marketplaces and the opportunity for recruiters John Paul Caffery, Founder and Director, TheJobPost
- 1. How digital marketplaces are changing the world. And why recruiters should care.
- 2. 1. Why marketplaces matter 2. Why they really matter to the recruitment industry 3. Our research 4. TheJobPost recruitment marketplace
- 3. Why marketplaces matter thejobpost.co.uk | Connecting employers and recruiters
- 4. Why marketplaces matter thejobpost.co.uk | Connecting employers and recruiters
- 5. thejobpost.co.uk | Connecting employers and recruiters Why they really matter to HR
- 6. thejobpost.co.uk | Connecting employers and recruiters Why recruitment is ripe for disruption 19,440 Recruitment agencies in the UK £28.7 billion UK recruitment industry revenue 2014 1.15 million People working in temp jobs each day 634,000 Permanent jobs filled by recruiters 2014 70 million People placed by recruiters globally 2014 £350 billion Global recruitment industry revenue 4,083 New agencies set up in 2014 Source: REC and Ciett 75% Agencies employ less than 10 people
- 7. thejobpost.co.uk | Connecting employers and recruiters Recruitment Technology is booming $2.7 Trillion Talent Marketplaces 2025 £7.1 billion HCM Market Value in 2014 £11.4 billion HCM Market Forecast to be worth by 2019 Startups that offer software for human resources and recruitment have garnered $811m from venture capital investors in the first half of 2015. DowJones VentureWire Source: McKinsey 2015 A report published by McKinsey in June 2015 indicates that talent marketplaces could play a significant role in increasing global GDP by $2.7 Trillion by 2025. McKinsey Report
- 8. • 64% have rejected a suitable candidate from a non-preferred agency • 1 in 2 respondents were unable to fill specialist roles via their PSL • 36% of employers have moved away from a PSL model because it is too restrictive • 77% identified ‘quality of hire’ as the most important metric for success The effectiveness of Traditional Agency Management thejobpost.co.uk | Connecting employers and recruiters Representing the views of 158 HR & Resourcing professionals making over 200,000 hires per year
- 9. TheJobPost – Founder Jp.caffery@thejobpost.co.uk 0779324043 The End thejobpost.co.uk | Connecting employers and recruiters