Title: How the business of Recruitment Advertising has changed
1How the business of Recruitment Advertising has
changed
- Tim Gibbon, President CEOJWT Specialized
Communications - Orlando, January 27, 2003
2JWTSC-then
- Media placement
- Accounting tearsheet service
- Copy writing design
- Network of local offices
3JWTSC-now
- Integral part of J. Walter Thompson WPP Group
- Offering a full range of traditional (then),
digital and alternative recruitment solutions - Employment marketing expertise through Thompson
Total Employment Branding - Experts in eRecruiting eAdvertising
- Full service Internet recruiter direct sourcing
experts - Range of Channel partners
4The Internet Changes Everything
- How we sell
- Who we hire
- How we do business
- How we make money
5The growth of online employment communications
6What are companies doing?
- According to a Study by the Recruiters Network
and the Association for Internet Recruiting - 1,000 companies interviewed
- 50 hired 1-20 of this years workforce from
Internet recruiting - 80 have careers sections on their corporate Web
site - 35 of companies with 10,000 or more employees
had at least 1 recruiter dedicated to online
recruiting
7What are companies doing?
Source Forrester Research, Inc.
8What are companies spending?
- Online recruitment advertising is averaging 1.3
of total recruitment budgets expected to rise
to 20 by 2003. - In 1998,14 of recruitment ad dollars were spent
on Internet 70 for print expected to rise to
44 in 2004.
9The Future of Recruitment Advertising
- It is no longer about the Internet supplementing
current traditional advertising efforts - It is about using traditional efforts to
supplement what you are doing on the Web
10The Future of Recruitment Advertising
- Center around corporate Web site and internal
resume databases - Less job postings, less career boards
- More resume database sourcing, online contingency
search
11The Future of Recruitment Advertising
Source Forrester Research, Inc.
12Change 1 Build our own or go it alone?
13Challenge 2Develop digital expertise
- digital_at_jwt established in 1995
- Corporate service group - assisting all internal
business units as well as external WPP companies
and clients - Part of digital_at_jwt North America one of the
top 15 interactive agencies worldwide
14Invest in new directions
15Web Site Development
16posting_at_jwtworks Job Positng Distribution
17SEO White Paper Beyond the Banner
18Change 3 Whos going to do the work?
Get people who know how to do this
19To do this!
Interactive CD-ROM and Game
20Job Search From Interactive Banners
And this!
21 Staffing
- Account Service Become familiar with
interactive media as well as how to recognize
digital opportunities. Become comfortable with
consultative approach and pricing. - Creative Learn differences between interactive
and traditional design and how both work together
22Add staff who can deliver digitalservices
- Media Planning
- Job Postings
- Banner Advertising
- E-mail Promotion
- Web Events
- Campaign Tracking
- Campaign Optimization
- Web Site Development
- User Research
- Site Architecture
- Internet/Intranet/ Extranet Development
- Project Management
- Tracking/ Measurement
23Train existing staff
24Change 4 Can the Web change the way we do
business?
- Internets
- Intranets
- Extranets
25Changing internal communication
26Changing external communication
27Changing ad placement processes
28Change 5 15 of 325 aint much
- 2000 Media revenue 80
- 2002 Media revenue 60
- 2003 - Media revenue 50
29New Revenue Streams
- Retention
- Internal marketing
- ATS
- Channel Partners
303 Challenges for the future
- Competition from non-traditional sources (media,
software developers, internal IT, consulting
firms) - Slow-changing, reactionary nature of clients (and
some employees) - Creative and technical resources
31Thank you!
tim.gibbon_at_jwt.com212-210-1092