innovation spotlight: thejobpost
Post on 15-Jan-2017
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thejobpost.co.uk | Connecting employers and recruiters
Innovation in your recruitment supply chain.
Learn to love recruiters again.
thejobpost.co.uk | Connecting employers and recruiters
thejobpost.co.uk | Connecting employers and recruiters
1. The problem we identified
thejobpost.co.uk | Connecting employers and recruiters
The way employers hire and use agencies has changed rapidly.
This has led to major changes in the £30bn UK recruitment sector.
But no one has worked out how to adapt, and how to work together better.
thejobpost.co.uk | Connecting employers and recruiters
There has been an explosion in recruitment start-ups….
2013 2014 2015 2016 (f)
1489
4083
5110
6780
thejobpost.co.uk | Connecting employers and recruiters
and most recruiters are now micro businesses
25%
75%
% >10 FTE % <10 FTE
thejobpost.co.uk | Connecting employers and recruiters
Our conclusion:The days of building Preferred Supplier Lists are over. The recruiter you need is different. It’s time for change.
thejobpost.co.uk | Connecting employers and recruiters
50%
Employers unable to fill specialist roles through the PSL
thejobpost.co.uk | Connecting employers and recruiters
64%
Employers rejecting relevant candidates for Procurement reasons
thejobpost.co.uk | Connecting employers and recruiters
34%
Employers moving away from rigid PSL
because it doesn’t work
thejobpost.co.uk | Connecting employers and recruiters
thejobpost.co.uk | Connecting employers and recruiters
ExpertOpinion
thejobpost.co.uk | Connecting employers and recruiters
2. How we solve it, and the evidence
thejobpost.co.uk | Connecting employers and recruiters
Creating a platform marketplace
EmployersWe enable businesses to work with the best suppliers, access
better talent, and be more efficient.
Recruitment SuppliersWe help recruiters build new customer relationships and
increase revenue opportunities at a low cost of sale.
thejobpost.co.uk | Connecting employers and recruiters
Principles of a platform marketplace1.Remove points of friction to improve
speed2.Match buyers and sellers more efficiently 3.Make service quality transparent4.Never stop improving
thejobpost.co.uk | Connecting employers and recruiters
How it works:1. Employers create the job,
set fee level and choose how many & if there are specific recruiters are required.
2. Recruiters are then identified and contacted by our team.
thejobpost.co.uk | Connecting employers and recruiters
How it works:3. Recruiters see full job details,
fees and terms, & provide feedback.
4. The selected recruiters accept terms and get briefed.
5. Talent gets sourced, and TheJobPost sorts out invoicing and compliance.
thejobpost.co.uk | Connecting employers and recruiters
thejobpost.co.uk | Connecting employers and recruiters thejobpost.co.uk | Connecting employers and recruiters
“Working with additional suppliers when we need them is agile and time-efficient. We source scarce roles using the aggregated supply chain on demand.”Head of Resourcing, UK
84% fill rate
Reduction in cold
calls
thejobpost.co.uk | Connecting employers and recruiters thejobpost.co.uk | Connecting employers and recruiters
“TheJobPost are a vital part of our supply success. Your recruiters have sourced some amazing people for us, it’s been brilliant.”Group Head of Talent
500% growth in fill rate
Agile community
of specialists
thejobpost.co.uk | Connecting employers and recruiters
ExpertOpinion
thejobpost.co.uk | Connecting employers and recruiters thejobpost.co.uk | Connecting employers and recruiters
The Verdict?
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