We just completed a detailed analysis of Glassdoor data among more than 6,000 companies and 2.2 million employees and I wanted to share a few important findings. If you consider “Would you recommend your company as a place to work?” as a NetPromoter question from all these employees, by far the biggest work factor related ... Read more»
Category: Sourcing and Recruiting
This week I attended three client conferences – SuccessFactors Successconnect, the Achievers Customer Experience, and the Glassdoor Employment Brand Summit. All three of these companies are introducing amazingly powerful new offerings, so in this article I’ll highlight some of them – with full knowledge that a barrage of announcements will becoming at ... Read more»
I just finished two weeks in Europe and attended the iRecruit Conference in Amsterdam. In addition to talking with many talent acquisition leaders and vendors, we previewed the findings of our upcoming High-Impact Talent Acquisition research which I will highlight below.
1. Social tools and “talent networks” are a hot topic.
With the ... Read more»
Another amazing quarter from LinkedIn: revenues of $188.5 Million, up 101%, with the “hiring solutions” business now driving $102.6 Million or 54% of company revenue. LinkedIn’s revenues in the corporate recruiting market are now larger than Taleo, SuccessFactors, Kenexa, and nearly every other software company which sells recruiting solutions.
Let me highlight some of the ... Read more»
Last week LinkedIn reported amazing financials (stock jumped almost 20% in one day). The company reported 105% YTY growth in quarterly revenues to $167.7 Million, putting the company on a 2012 plan of $860 Million.
But the real story is the huge jump in revenues from LinkedIn’s recruiting services (“Hiring Solutions”). Revenues in this segment ... Read more»
But ultimately it isn’t software that drives business results: it’s the practices of talent management that matters. Our research shows that companies which ... Read more»
Today we released our first ever Talent Acquisition Factbook®, a comprehensive study of trends, benchmarks, and spending data in the US (and UK) recruiting market. It points out the tectonic shifts taking place in recruiting right now, as the staffing industry shifts steadily toward the use of social networking, employment branding, and a variety ... Read more»
The war for professional networking has just escalated. This week LinkedIn shut off it’s API (programming interface) to the hot new Facebook-enabled professional networks BranchOut and Monster’s BeKnown. (TechCrunch broke this news.) What they’re essentially saying is “if you want to build a professional network and monetize all that we’ve built, you have ... Read more»
Today Monster.com dropped the gauntlet and launched BeKnown, a new Facebook application that hopes to become the professional social network for Facebook users, and a vital new tool for recruiters, human resources, and talent acquisition teams. In this blog post we will explain this market and preview some of the exciting features in this ... Read more»
Today Taleo announced the acquisition of JobPartners, a small European provider of talent management software, for $38M in cash. JobPartners is a small (~100 employees, around $15M-17M in revenues) but well established talent management software provider which has built an end-to-end talent management system primarily focused on the large enterprise market. The company has 68 ... Read more»
Today LinkedIn went public with a huge (somewhat controversial) valuation of 80 times 2011 earnings and and around 21X 2011 expected revenue. This makes the company worth around $8.9 billion. The company’s total revenues hit $243M in 2010 and are likely to be around $400m in 2011. This is an amazing story of entrepreneurial success ... Read more»
Next week we launch IMPACT 2011: The Business of Talent®, our fourth annual research conference.
For those of you who follow our blogs and our research, the conference is sold out. But if you would like the excitement of attending the conference virtually, our marketing team has put together a wonderful opportunity for you ... Read more»
We just released our new research on the talent acquisition systems market, and things are really changing. The core market for large scale applicant tracking systems grew by around 11% last year (despite the recession) and is now nearing $1 billion. If you include the dozens of smaller players and industry specific companies, the market ... Read more»