should you break up with your recruitment marketing agency?
TRANSCRIPT
© 2016 SmashFly Technologies33© 2017 SmashFly Technologies
Executive Editor & Head of Content
Recruiting Daily
@MattCharney
© 2016 SmashFly Technologies44© 2017 SmashFly Technologies 4
Should You Dump Your Agency?
#RecruitingTech
© 2016 SmashFly Technologies55© 2017 SmashFly Technologies
24%
32%
5.6%
48%
Projected YoY increase in
marketing spend, 2017
Source: Glassdoor, Constellation
Employers planning to
hire more recruiters in
the next year.
Source: SHRM, Social Media Today
Projected YoY increase in total
recruitment marketing spend, 2017
Employers planning
increase in overall hiring
in next year.
#RecruitingTech
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© 2016 SmashFly Technologies77© 2017 SmashFly Technologies© 2017 SmashFly Technologies #RecruitingTech
© 2016 SmashFly Technologies88© 2017 SmashFly Technologies
Job Boards/Advertising
Recruitment Agency Costs
Recruiting Tools (e.g. sourcing, screening,
ATS, CRM)
Employee Referral Program
Recruiting Events
Employer Branding
Other
30%
22%17%
9%
8%
8%8%
Source: Hunt Scanlon
#RecruitingTech
© 2016 SmashFly Technologies99© 2017 SmashFly Technologies
$11.4 billion
$48 billion
Source: Lambay Consulting, Bersin by Deloitte
Projected 2017 Annual Recruitment Spend
Projected 2017 Annual Recruitment Ad Spend
#RecruitingTech
© 2016 SmashFly Technologies1010© 2017 SmashFly Technologies
57% 35% 27% 27% 23%Competition for Talent
Limited
Budget
Small
Recruiting Team
Workforce
PlanningHigh Turnover
Employers report competitive differentiation is their biggest
obstacle for acquiring top talent in 2017
Source: Gallup Annual Hiring Survey
#RecruitingTech
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© 2016 SmashFly Technologies1212© 2017 SmashFly Technologies© 2017 SmashFly Technologies
J Walter
Thompson Inside Hodes
(sold)
#RecruitingTech
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© 2016 SmashFly Technologies1414© 2017 SmashFly Technologies© 2017 SmashFly Technologies #RecruitingTech
© 2016 SmashFly Technologies2121© 2017 SmashFly Technologies
• Reporting happens in real time, not on their time
• They focus on conversion, not vanity metrics
• You can always access your data
• They nurture and develop leads through targeting and segmenting
• They test and optimize instead of trying to own and spin results
#RecruitingTech
© 2016 SmashFly Technologies2222© 2017 SmashFly Technologies© 2017 SmashFly Technologies #RecruitingTech
© 2016 SmashFly Technologies2323© 2017 SmashFly Technologies
• The product goes beyond the application
and develop candidates instead of just
generating leads
• You have full visibility into what’s working,
what’s not and what you should change
• They’re true partners and push best
practices instead of product
• You know what you’re paying for
• The product UI/UX is better than MS DOS
#RecruitingTech