how the job board industry is evolving

© 2017 Crain Communications Inc.

David FrancisSenior Research Analyst, Staffing Industry [email protected]

How the Job Board Industry is Evolving




David Francis

Senior Research Analyst

Staffing Industry Analysts

Matt Pierce

CEO, Co-Founder

Trusted Careers

Peter Harrison

CEO

Snagajob

Christopher Gamble

Senior Director of National

Accounts, Staffing & RPO

Indeed


• The Economic Tea Leaves

• Selected Features of the Job Board Market

• Moderated Discussion

• Audience Q&A

Agenda


US Staffing Revenue at Record Levels

0

20

40

60

80

100

120

140

19

95

19

96

19

97

19

98

19

99

20

00

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

20

12

20

13

20

14

20

15

20

16

20

17

P

20

18

P

Rev

enu

e (U

S$ B

illio

ns)

Temporary Staffing Place & Search

3%4%

Source: Staffing Industry Analysts


US Staffing Revenue at Record Levels

0

20

40

60

80

100

120

140

19

95

19

96

19

97

19

98

19

99

20

00

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

20

12

20

13

20

14

20

15

20

16

20

17

P

20

18

P

Rev

enu

e (U

S$ B

illio

ns)

Temporary Staffing Place & Search

“Job boards will disrupt the staffing industry!”

3%4%



US Hires and Job Openings, December 2000 – April 2017

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

Dec

-00

Jul-

01

Feb

-02

Sep

-02

Ap

r-0

3

No

v-0

3

Jun

-04

Jan

-05

Au

g-0

5

Mar

-06

Oct

-06

May

-07

Dec

-07

Jul-

08

Feb

-09

Sep

-09

Ap

r-1

0

No

v-1

0

Jun

-11

Jan

-12

Au

g-1

2

Mar

-13

Oct

-13

May

-14

Dec

-14

Jul-

15

Feb

-16

Sep

-16

Ap

r-1

7

Hires Job Openings

Source: US Bureau of Labor Statistics, Dec 2000 – April 2017


US Hires and Job Openings, December 2000 – April 2017

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

Dec

-00

Jul-

01

Feb

-02

Sep

-02

Ap

r-0

3

No

v-0

3

Jun

-04

Jan

-05

Au

g-0

5

Mar

-06

Oct

-06

May

-07

Dec

-07

Jul-

08

Feb

-09

Sep

-09

Ap

r-1

0

No

v-1

0

Jun

-11

Jan

-12

Au

g-1

2

Mar

-13

Oct

-13

May

-14

Dec

-14

Jul-

15

Feb

-16

Sep

-16

Ap

r-1

7

Hires Job Openings

Source: US Bureau of Labor Statistics, Dec 2000 – April 2017

Very unique workforce dynamic in context of long-term trend = more openings than hires


The Economic backdrop

• Late in current economic cycle

• We expect continued modest GDP growth & staffing growth

• Favorable environment for jobs platforms (low unemployment, more openings than hires)


Workforce Solutions Ecosystem


Global Job Board MarketEstimated 2015 Revenue: $10B - $20B


$10 billion $20 billion

Recruit, 23%

LinkedIn,19%

SEEK,7%

Tegna, 7%

Monster, 7%

Axel Sprniger, 5%

Craigslist, 3%

DHI Group, 3%

51Job, 2%

Dip Corp, 2%

Rest Market, 25%

Recruit, 11%

LinkedIn,9%

Seek, 4%

Tegna, 3%

Monster, 3%

2%

2%

1%

1%1%

Rest of Market,63%



Parent Company BrandsCountry

HQ2014

Revenue2015

RevenueY/y

Growth

RecruitIndeed, Rikunabi, Work in Japan, Minna-no-Kyujinban, etc.

Japan 2,028 2,273 12%

LinkedIn US 1,328 1,877 41%Seek Seek, Zhaopin, JobsDB, etc Australia 688 711 3%

TEGNA IncCareerBuilder, JobsCentral, Broadbean, etc.

US 713 695 -3%

MonsterMonster, CareerOne, Jobpilot, Workania, jobs.cz, profesia

US 770 667 -13%

Axel SpringerStepstone, Totaljobs, Jobsite, Saongroup, YourCareer Group

Germany 411 479 17%

Craigslist US 265 301 14%

DHI GroupDice, eFinancialCareers, AllHealthcareJobs,Rigzone, etc.

US 263 260 -1%

51Job China 203 212 4%

Dip CorpBaitoru, Hatarako, Nurse de Hataraku

Japan 186 209 12%

Xing Germany 101 137 36%CareerNet Corp CareerNet, Albaro, Joblink Korea 110 121 10%Schibsted Media Group Infojobs Norway 98 118 20%ZipRecruiter US 65 100 54%The Ladders US 86 97 13%

Largest 15 Job Boards




David Francis

Senior Research Analyst

Staffing Industry Analysts

Matt Pierce

CEO, Co-Founder

Trusted Careers

Peter Harrison

CEO

Snagajob

Christopher Gamble

Senior Director of National

Accounts, Staffing & RPO

Indeed

how the job board industry is evolving

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