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IN PARTNERSHIP WITH
Using Data to Take the
Guesswork Out of
Recruitment Advertising
© 2022
Today’s Speakers
© 2022
Lori Sylvia
Founder and CEO
Rally
Kyle Leigh
VP, Programmatic
Strategy at Appcast
Appcast
Recruiting runs on Appcast
Transportation
Financial
Services
Consumer
& Gig
Restaurant
& Retail
Telecom &
Business Services
Healthcare
Founded in 2014, Appcast is the global leader in programmatic
recruitment advertising technology and services.
10.2B
Job Ad
Clicks
1.3B
Job
Postings
1.7B
Applications
$1B
Spend Managed
Annually
© 2022
© 2022
What you’ll learn today
• 2021 Retrospective
• Knowing Your KPIs
• Improving Your Job Content
• Casting a Wider (and Smarter) Net
© 2022
Key Terms
CPC – Cost per click; payment model in which recruitment advertisers pay each time a candidate
clicks on their job ad. The amount paid out when a job seeker clicks on an advertisement to view it
from the job listings page.
CPA – Cost per applicant; payment model in which recruitment advertisers pay each time a candidate
fully applies to their job ad. How much it costs to get a candidate through your online application
process. Only completed applications are considered against the cost of advertising spend.
Apply Rate (%) – The conversion rate of people who actually submit an application after having
clicked on your job ad, represented as a percentage; often referred to as AR.
CPH – Cost per hire; the cost of paid advertising for each hire made.
© 2022
2021 was one of the most
challenging years for recruiters
in recent history.
© 2022
© 2022
More Jobs Than Unemployed
© 2022
CPC costs skyrocketed by 54% in 2021
© 2022
Apply rates rose 3% in 2021
Apply rate:
The percentage of job
seekers who actually
submit an application
after clicking
on your job ad.
© 2022
CPA costs increased 43% in 2021
© 2022
Step One:
Know Your KPIs
© 2022
© 2022
Evaluate Your Data
Pull your own data from the past two years to
get a better idea of how recruiting costs have
changed for you. Measure CPA, Apply Rate,
and CPH vs industry averages.
© 2022
Apply For Your Jobs
Using a desktop and a mobile phone, apply for your jobs.
Note:
• How long does the process take from start to finish?
• How many questions do you ask?
• How difficult is the process via phone vs desktop?
• Are the application questions reasonable and necessary?
© 2022
Compare to Industry Benchmarks
© 2022
Calculate Your New Budget
Budget required = Market CPA x # of applicants needed per job x # of hires to make.
2020 2021
$19.96 CPA
x 20 applicants
X 500 hires
=
$199,600
Budget
Needed
$28.47 CPA
x 20 applicants
X 500 hires
=
$284,700
Budget
Needed
© 2022
Step 2:
Improve Your
Job Ad Content
© 2022
© 2022
Clicks by job title length
Average clicks per job title length (words)
© 2022
Impact of including benefits in job ad performance
Nearly half of the job ads in our study
(more than 100,000) made no mention
of benefits at all.
Job ads that included one or more
benefit had an aggregate apply rate
that was 22% higher.
© 2022
Impact of “Remote Work” and “WFH” in job ads
Job Ads without
Remote/WFH
Job Ads with
Remote/WFH
Apply Rate 4.59% 5.14%
Median CPA $23.29 $20.16
Percentage of Job Ads That Include WFH or Remote, by Job Function
© 2022
Percentage of applies by day of week
Consider advertising jobs on optimal days
© 2022
Test, Test and Test!
Start making changes to see how it impacts your results:
• Shorten job titles
• Simplify application process
• Include more benefits in your job descriptions
• Post on different days of the week
© 2022
Step 3:
Cast a Wider
(and Smarter) Net
© 2022
© 2022
Old Era Recruiting
Your Manual Processes:
Manually managing and
monitoring job advertisements
Compiling reporting from
multiple sources the hard way
Hand-picking where to
advertise your jobs
Too much guesswork, too much time
Wasted spend
Lack of metrics and insights
Why is this a problem?
Not enough qualified candidates
Human-Driven
© 2022
New Era Recruiting
Data & Software Driven [Programmatic Advertising]
Increase in access to
actionable data
An increase in team time available to
spend on strategic needs
An increase in
qualified applicants
Reduced cost per hire
and time to fill
More diverse
candidates
Why is this the solution:
Jobs without enough applicants
are identified and automatically
advertised
Data-Driven Process:
Comprehensive analytics are
provided in real-time
Data determines which job
boards to advertise to
© 2022
How Appcast’s programmatic solutions work
Data informs future performance
Qualified
Candidates
Recruiters
interview &
hire
Determines which jobs
need applications
Enhance quality via
programmatic technology
Your goals,
budget, and
roles
Determines where on the
web these jobs will
attract the best job
seekers
Jobs are automatically
advertised
© 2022
Active Jobseekers
+ thousands more!
Passive Jobseekers
Appcast’s source-neutral algorithms select the best places to
post your jobs across 10,000+ sites, providing complete coverage
Source transparency allows visibility into the primary job sites and channels providing your applicants.
© 2022
Before you go…
90% of companies that
use programmatic are either
continuing or increasing
their investment for 2022.
90%
Source: Aptitude Research, 2021
Programmatic is How
you Will Win Today
Visit us at www.appcast.io to:
● Explore our vast library of resources
● Learn more about programmatic
recruiting, job ad exchanges, etc.
● Chat with us...
© 2022
Thank you!
Up next… Q&A
Download > https://insde.co/6x91
Up Next....
© 2022
Lori Sylvia
Founder and CEO
Rally
Kyle Leigh
VP, Programmatic
Strategy at Appcast
Appcast
Q&A
Using Data to Take the
Guesswork Out of
Recruitment Advertising
IN PARTNERSHIP WITH
Thank you!

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Rally Webinar: Using Data to Take the Guesswork Out of Recruitment Advertising

  • 1. IN PARTNERSHIP WITH Using Data to Take the Guesswork Out of Recruitment Advertising
  • 3. © 2022 Lori Sylvia Founder and CEO Rally Kyle Leigh VP, Programmatic Strategy at Appcast Appcast
  • 4. Recruiting runs on Appcast Transportation Financial Services Consumer & Gig Restaurant & Retail Telecom & Business Services Healthcare Founded in 2014, Appcast is the global leader in programmatic recruitment advertising technology and services. 10.2B Job Ad Clicks 1.3B Job Postings 1.7B Applications $1B Spend Managed Annually
  • 6. © 2022 What you’ll learn today • 2021 Retrospective • Knowing Your KPIs • Improving Your Job Content • Casting a Wider (and Smarter) Net
  • 7. © 2022 Key Terms CPC – Cost per click; payment model in which recruitment advertisers pay each time a candidate clicks on their job ad. The amount paid out when a job seeker clicks on an advertisement to view it from the job listings page. CPA – Cost per applicant; payment model in which recruitment advertisers pay each time a candidate fully applies to their job ad. How much it costs to get a candidate through your online application process. Only completed applications are considered against the cost of advertising spend. Apply Rate (%) – The conversion rate of people who actually submit an application after having clicked on your job ad, represented as a percentage; often referred to as AR. CPH – Cost per hire; the cost of paid advertising for each hire made.
  • 8. © 2022 2021 was one of the most challenging years for recruiters in recent history. © 2022
  • 9. © 2022 More Jobs Than Unemployed
  • 10. © 2022 CPC costs skyrocketed by 54% in 2021
  • 11. © 2022 Apply rates rose 3% in 2021 Apply rate: The percentage of job seekers who actually submit an application after clicking on your job ad.
  • 12. © 2022 CPA costs increased 43% in 2021
  • 13. © 2022 Step One: Know Your KPIs © 2022
  • 14. © 2022 Evaluate Your Data Pull your own data from the past two years to get a better idea of how recruiting costs have changed for you. Measure CPA, Apply Rate, and CPH vs industry averages.
  • 15. © 2022 Apply For Your Jobs Using a desktop and a mobile phone, apply for your jobs. Note: • How long does the process take from start to finish? • How many questions do you ask? • How difficult is the process via phone vs desktop? • Are the application questions reasonable and necessary?
  • 16. © 2022 Compare to Industry Benchmarks
  • 17. © 2022 Calculate Your New Budget Budget required = Market CPA x # of applicants needed per job x # of hires to make. 2020 2021 $19.96 CPA x 20 applicants X 500 hires = $199,600 Budget Needed $28.47 CPA x 20 applicants X 500 hires = $284,700 Budget Needed
  • 18. © 2022 Step 2: Improve Your Job Ad Content © 2022
  • 19. © 2022 Clicks by job title length Average clicks per job title length (words)
  • 20. © 2022 Impact of including benefits in job ad performance Nearly half of the job ads in our study (more than 100,000) made no mention of benefits at all. Job ads that included one or more benefit had an aggregate apply rate that was 22% higher.
  • 21. © 2022 Impact of “Remote Work” and “WFH” in job ads Job Ads without Remote/WFH Job Ads with Remote/WFH Apply Rate 4.59% 5.14% Median CPA $23.29 $20.16 Percentage of Job Ads That Include WFH or Remote, by Job Function
  • 22. © 2022 Percentage of applies by day of week Consider advertising jobs on optimal days
  • 23. © 2022 Test, Test and Test! Start making changes to see how it impacts your results: • Shorten job titles • Simplify application process • Include more benefits in your job descriptions • Post on different days of the week
  • 24. © 2022 Step 3: Cast a Wider (and Smarter) Net © 2022
  • 25. © 2022 Old Era Recruiting Your Manual Processes: Manually managing and monitoring job advertisements Compiling reporting from multiple sources the hard way Hand-picking where to advertise your jobs Too much guesswork, too much time Wasted spend Lack of metrics and insights Why is this a problem? Not enough qualified candidates Human-Driven
  • 26. © 2022 New Era Recruiting Data & Software Driven [Programmatic Advertising] Increase in access to actionable data An increase in team time available to spend on strategic needs An increase in qualified applicants Reduced cost per hire and time to fill More diverse candidates Why is this the solution: Jobs without enough applicants are identified and automatically advertised Data-Driven Process: Comprehensive analytics are provided in real-time Data determines which job boards to advertise to
  • 27. © 2022 How Appcast’s programmatic solutions work Data informs future performance Qualified Candidates Recruiters interview & hire Determines which jobs need applications Enhance quality via programmatic technology Your goals, budget, and roles Determines where on the web these jobs will attract the best job seekers Jobs are automatically advertised
  • 28. © 2022 Active Jobseekers + thousands more! Passive Jobseekers Appcast’s source-neutral algorithms select the best places to post your jobs across 10,000+ sites, providing complete coverage Source transparency allows visibility into the primary job sites and channels providing your applicants.
  • 29. © 2022 Before you go… 90% of companies that use programmatic are either continuing or increasing their investment for 2022. 90% Source: Aptitude Research, 2021 Programmatic is How you Will Win Today Visit us at www.appcast.io to: ● Explore our vast library of resources ● Learn more about programmatic recruiting, job ad exchanges, etc. ● Chat with us...
  • 30. © 2022 Thank you! Up next… Q&A
  • 33. © 2022 Lori Sylvia Founder and CEO Rally Kyle Leigh VP, Programmatic Strategy at Appcast Appcast Q&A
  • 34. Using Data to Take the Guesswork Out of Recruitment Advertising IN PARTNERSHIP WITH Thank you!