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TRANSFORM YOUR RECRUITING
STRATEGY THROUGH NUMBERS
How application length, device, and platform
impact your sourcing costs and quality.
Christian Forman
Appcast.io, Founder & CEO
About me
• 20 years building recruiting
technology (AIRS, The RightThing,
StartWire, & Appcast.io).
• Spoken at 200+ industry events and
conferences.
• Part of the team that has won the
HR Tech ‘Product Of The Year’ on 3
different occasions.
Quantifying the ‘application’ funnel
• Multi-year, large scale research
project.
• Analyzed click-to-apply ratios
for 500,000 applications.
• Every major applicant tracking
system; mobile & desktop.
• 16 major industries.
Application
Length
Device Platform
3 ‘structural’ issues impact the funnel
More questions…more drop off
10.60%
7.51%
5.68%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
1-25 26-50 50+
CTA %
Click-To-Apply (CTA):
The percentage of job seekers who click
to view a job and actually go on to
complete an application.
# of Questions
‘Apply time’ is the biggest driver
12.47%
6.97%
3.61%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
14.00%
1-5 6-15 15+
# of Minutes
CTA %
Device is a game changer
Difference
Banking 20% 3% 650%
Food Service 13% 2% 430%
Healthcare 9% 2% 417%
Technology 19% 1% 2209%
We’ve paved the goat path
So what?
A better candidate
experience saves money.
Shorter applications = lower costs.
$4.01
$7.17
$13.85
$-
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
$16.00
1-5 6-15 15+
# of Minutes
Better mobile = lower costs.
Good Mobile Bad Mobile
$0.50 CPC $0.50 CPC
13% CTA 2% CTA
$3.85 CPA $25.00 CPA
= =
Jobvite = lower costs.
Jobvite 7.46% $6.71
Leading Mid Market ATS 6.74% $7.42
Leading Mid Market ATS 6.36% $7.86
Leading ERP 6.36% $7.86
Leading Large Market ATS 5.65% $8.85
Leading Large Market ATS 5.34% $9.37
Leading ERP 5.22% $9.58
Leading Transportation ATS 4.84% $10.32
Leading Large Market ATS 2.76% $18.09
Leading HealthCare ATS 2.48% $20.18
CTA eCPA
• Pay-per-applicant job ad
exchange.
• Only sponsor jobs that
need applicants
• Pay-per-applicant, not on
the click or posting
• Millions of job seekers
from thousands of sites
• Proven quality
The source of our data.
150 clients in 15 months
Transportation Banking & Business Retail & Consumer HealthCare Technology
Your Name Here
Company Name Here, Position Title Here
Email Here
THANK YOU!

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Jobvite Summit'15 Keynote - Appcast.io CEO/Founder Chris Forman

  • 1. TRANSFORM YOUR RECRUITING STRATEGY THROUGH NUMBERS How application length, device, and platform impact your sourcing costs and quality. Christian Forman Appcast.io, Founder & CEO
  • 2. About me • 20 years building recruiting technology (AIRS, The RightThing, StartWire, & Appcast.io). • Spoken at 200+ industry events and conferences. • Part of the team that has won the HR Tech ‘Product Of The Year’ on 3 different occasions.
  • 3.
  • 4.
  • 5.
  • 6. Quantifying the ‘application’ funnel • Multi-year, large scale research project. • Analyzed click-to-apply ratios for 500,000 applications. • Every major applicant tracking system; mobile & desktop. • 16 major industries.
  • 8. More questions…more drop off 10.60% 7.51% 5.68% 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 1-25 26-50 50+ CTA % Click-To-Apply (CTA): The percentage of job seekers who click to view a job and actually go on to complete an application. # of Questions
  • 9. ‘Apply time’ is the biggest driver 12.47% 6.97% 3.61% 0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00% 1-5 6-15 15+ # of Minutes CTA %
  • 10. Device is a game changer Difference Banking 20% 3% 650% Food Service 13% 2% 430% Healthcare 9% 2% 417% Technology 19% 1% 2209%
  • 11. We’ve paved the goat path
  • 12. So what? A better candidate experience saves money.
  • 13. Shorter applications = lower costs. $4.01 $7.17 $13.85 $- $2.00 $4.00 $6.00 $8.00 $10.00 $12.00 $14.00 $16.00 1-5 6-15 15+ # of Minutes
  • 14. Better mobile = lower costs. Good Mobile Bad Mobile $0.50 CPC $0.50 CPC 13% CTA 2% CTA $3.85 CPA $25.00 CPA = =
  • 15. Jobvite = lower costs. Jobvite 7.46% $6.71 Leading Mid Market ATS 6.74% $7.42 Leading Mid Market ATS 6.36% $7.86 Leading ERP 6.36% $7.86 Leading Large Market ATS 5.65% $8.85 Leading Large Market ATS 5.34% $9.37 Leading ERP 5.22% $9.58 Leading Transportation ATS 4.84% $10.32 Leading Large Market ATS 2.76% $18.09 Leading HealthCare ATS 2.48% $20.18 CTA eCPA
  • 16.
  • 17. • Pay-per-applicant job ad exchange. • Only sponsor jobs that need applicants • Pay-per-applicant, not on the click or posting • Millions of job seekers from thousands of sites • Proven quality The source of our data.
  • 18. 150 clients in 15 months Transportation Banking & Business Retail & Consumer HealthCare Technology
  • 19.
  • 20. Your Name Here Company Name Here, Position Title Here Email Here THANK YOU!

Editor's Notes

  1. ----- Meeting Notes (8/29/13 17:05) -----