Jobs2web Reports Successful 2009; Well Positioned for Continued Growth in 2010
Award-Winning Innovator in Interactive Recruiting Helps Managers Recruit Better(TM)
| Source: Jobs2web
MINNEAPOLIS, MN--(Marketwire - February 17, 2010) - Jobs2web, a Web 2.0 interactive
recruiting solutions and services provider, today released news of its
business results for 2009, which included doubling overall revenue growth
and continued positive net cash flow, despite the poor economy. The
12-month contract value of orders booked in 2009 exceeded the Company's
growth plan.
"Jobs2web's ability to provide our customers with an efficient,
cost-effective means to source and recruit better talent enabled us to grow
despite the turbulent economy. With ongoing innovation and the economy
beginning to stabilize, we expect continued rapid growth in 2010,"
commented Ken Holec, chief executive officer, Jobs2web. "Job seekers are
looking to engage potential employers across many different recruiting
channels in the interactive world and companies need to efficiently find
and engage better talent to remain competitive. We expect not only to
continue signing new clients but, based on our experiences with clients
that have been with us for two or more years, we also expect many of our
current clients to commit to a greater use and leverage of interactive job
marketing."
Business and Client Growth
Jobs2web, a pioneer in interactive recruitment, continues to expand and its
clients numbered more than 125 by the end of 2009. New client additions
include 3M, 7-Eleven, Inc., American Medical Systems, Avanade, Inc., DRS
Technologies - RSTA Group, G&K Services, Henry Ford Health System,
Medtronic, Novell, Red Hat, Inc., Sodexo, Inc., St. Jude Medical and TJX
Companies.
To accommodate the company's current and future needs, Jobs2web headcount
also increased more than 50 percent in 2009, including more than 150
percent in operations/product development and 33 percent in Client Services
and Support.
Product Innovation, Recognition
Prior to 2009, interactive recruiting was focused on specific recruiting
channels -- such as posting job advertisements, pay-per-click or major
search engines. HR and recruiting leaders now recognize the need to take
advantage of all avenues of recruitment in a comprehensive, holistic
manner. For example, Social Networks continue to be an effective channel
to find and engage talent, and employers need a strategy to tap that
potential. Jobs2web is the only vendor to offer employers a proven
technology that harnesses control of all recruiting channels, inclusive of
Social Networks, and gives clients the ability to know the effectiveness of
the first recruiting dollar spent, not after the last dollar is spent.
HR and recruiting managers tell Jobs2web that they need better tools so
they can deliver on the promise to do more with less. Jobs2web has
responded by continually updating and enhancing its offerings to benefit
both employers and job candidates while aligning with the ever-changing
market.
Major 2009 enhancements included expanded options for candidates, such as
subscription agents that enable candidates to identify specific jobs or
categories by keyword. Candidates "opt-in" and craft personalized alerts
that pinpoint potential opportunities. Additionally, Jobs2web introduced a
Job Search Map capability in a portable, self-contained widget that can be
placed anywhere on a website that enables job seekers to find jobs via a
graphical map. A recent client implementation of this map widget resulted
in 80,000 clicks to job opportunities in the first month.
Jobs2web's Recruiting Dashboard™, which provides companies with a
real-time, accurate, unbiased view of their interactive recruiting efforts,
is especially well suited in helping managers to do more with less.
Enhancements in 2009 included the ability for recruiters to create a visual
map of a candidate's location, track the effectiveness of social networking
and easily print and export reports for review. The dashboard's value to
the HR profession was further acknowledged when Human Resources Executive
magazine presented Jobs2web with a Top HR Product of the Year Award at the
12th Annual HR Technology Conference.
Topping off the company's outstanding 2009, Jobs2web was recognized as one
of the "most dynamic, fast-growth companies in the nation" by ranking No.
228 on Inc. magazine's exclusive 28th annual Inc. 500.
Jobs2web will hold its first users' conference called "Collaborate 2010" in
Minneapolis on June 14th - 17th. This event is designed to give clients and
industry leaders the opportunity to learn, share ideas, network and advance
opportunities to accelerate the use of interactive marketing. Speakers and
presenters include Lou Adler, Ryan Estis, Doug Berg and Ken Holec along
with presentations from Jobs2web clients including HCR ManorCare, Lifetime
Fitness, Mayo Clinic, and Stryker Corporation. More information on the
conference can be found at www.Jobs2web.com.
About Jobs2web
Jobs2web has revolutionized online recruiting by leveraging interactive
technology and the social web to help companies find better talent, faster
at a fraction of the cost. Through integrated technology, automation and
real time analytics the Jobs2web platform powers interactive recruitment
marketing strategy helping clients Recruit BetterTM. Come see how at
www.jobs2web.com.