Jobs2Web Experiences Dramatic Results During 2008
Leading Recruitment Solutions Provider Experiences Triple-Digit Growth in Spite of Difficult Economy
| Source: Jobs2Web
MINNEAPOLIS, MN--(Marketwire - February 2, 2009) - Jobs2Web, a Web 2.0 interactive
recruiting solutions provider, today released news of its business results
for 2008, which included revenue growth in Q4 of 328%, despite the recent
economic downturn.
"Although many organizations' recruitment budgets will remain flat or even
decline during 2009, recruiters' workloads and sourcing expectations likely
will not. We credit our company's growth during this tumultuous economy
with Jobs2Web's ability to provide clients with a solution that helps them
re-engineer their approaches to sourcing and recruiting," stated Ken Holec, Chief
Executive Officer of Jobs2Web. "Jobs2Web enables employers and recruiters
to more effectively source talented candidates at a much reduced cost than
what they were previously spending using traditional methods."
Jobs2Web's innovative Web 2.0 recruiting solutions include the Recruitment
Marketing Platform, the Recruiting Dashboard™, Social Network
Recruiting, Talent Community Building technologies, Employee Referral
Marketing, and Recruitment Process Outsourcing (RPO) 2.0. The company's
interactive recruitment marketing solutions help employers identify and
communicate with talented job seekers, including helping companies build
their own talent communities of candidates. Since 2003, Jobs2Web has
provided its solutions to healthcare organizations, global consulting
companies, engineering firms, large national retailers, and some of the top
medical technology and pharmaceutical companies within the U.S.
Jobs2Web Enjoys Growth of Client Base in 2008
Jobs2Web's client count crossed over 90 in late 2008 including Q4 additions
of Microsoft's Entertainment and Devices business, Allina Health System,
CACI, Yum! Brands and Schering-Plough. Overall, in 2008, Jobs2Web
experienced growth in its client base of 162.5% over 2007.
Demonstrating the strength of the company's solutions, Jobs2Web also
experienced a high rate of multi-year renewals in 2008, with many existing
clients expanding their relationships with the company by contracting for
additional Jobs2Web product offerings. These client engagements included
the launch of the Best Buy career site, which features enhancements to
amplify Best Buy's employment brand online and to fully engage qualified
candidates.
Strategic Alliances Help Employers Maximize Recruiting Potential
Jobs2Web leveraged many partnerships in 2008 to extend the reach of its
interactive talent acquisition and career site optimization solutions to an
even greater potential audience. In July, the company announced a strategic
partnership with NAS Recruitment Communications, the industry leader in
employment branding, recruitment solutions and career site development.
Branded as NAS Web 2.0 powered by Jobs2Web, Jobs2Web has enhanced NAS's
current Web 2.0 solutions by enabling the NAS network of employers to
upgrade their career sites and interactive recruiting strategies in
powerful new ways.
The company also recently unveiled a first-of-its-kind offering known as
Jobs2Web RPO 2.0™, and welcomed Pinstripe, Inc., a leading recruitment
process outsourcing (RPO) company, as the first RPO to leverage the
capabilities of the new solution. Designed especially to help RPO vendors
improve sourcing effectiveness, RPO 2.0 enables RPO sourcing teams to tap
into the high levels of quality talent acquisition and sourcing communities
offered by Jobs2Web. The benefits of Jobs2Web RPO 2.0 include lower cost
sourcing; shorter time-to-fill; quality talent pipelines; improved margins
for recruitment process outsourcing vendors; and higher levels of customer
satisfaction.
Additional alliances announced in 2008 included partnership agreements
with: The Adler Group, which offers a full range of training and consulting
services for recruiters and hiring managers; Pinstripe, Inc.; and Taleo, the leading provider of on-demand
talent management solutions.
New Jobs2Web Products Create Buzz in Recruiting Industry
Much of Jobs2Web's tremendous growth in 2008 can be attributed to the many
new solutions and updated features the company rolled out last year,
including the Recruiting Dashboard(SM), which captures the referring source
of each career site visitor and tags each applicant as they enter the
applicant tracking system (ATS). Innovative solutions such as a centralized
talent community and talent landing pages also have helped the company grow
its client base in recent months. The Jobs2Web Talent Community solution
helps employers build a centralized job marketing engine that automatically
matches and emails every job to each candidate subscribed, inviting them to
apply for future positions. With targeted talent landing page offering,
Jobs2Web analyzes an employer's hiring needs and deploys job-branded
landing pages which get highly ranked for targeted keywords and attract job
seekers to the company's career site.
Also during 2008, Jobs2Web helped clients fully leverage its solution with
leading social networking offerings, including LinkedIn, Facebook and
Twitter.
"Our success is the result of our team's keen understanding of the
challenges employers and recruiters face when attempting to stay on top of
the fast-changing landscape of recruiting technologies. Jobs2Web's primary
goal is to help our clients leverage Web 2.0 technology as a key component
of an interactive recruiting strategy. Our 2008 momentum has provided us
with a strong start to 2009, during which we will continue to roll out new
solutions and updates that will enhance our offerings," shared Doug Berg,
Founder and Chief Innovation Officer of Jobs2Web.
About Jobs2Web
Jobs2Web is a leading provider of interactive recruiting solutions. The
company develops and implements the innovative technologies and services
that enable employers to leverage their investments in their own career
sites to attract, capture and communicate with the exploding base of
interactive job seekers. Through Jobs2Web's solutions, employers can
improve recruiter effectiveness and provide measurable results, translating
into increased quality of hires, reduced time to fill and a ready pipeline
of passive candidates.
Founded in 2003, Jobs2Web is headquartered in Minneapolis. Jobs2Web's
executive team includes several of the world's foremost sourcing and
recruiting experts. More information can be accessed at www.jobs2web.com.