why broadbean?

24
Broadbean THE Job Distribution Company

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Page 1: Why Broadbean?

BroadbeanTHE Job Distribution Company

Page 2: Why Broadbean?

Why

Gain Time

Trend Spotting

Hard-to-Find Candidates Peak Application Times

Sector MonitoringPeak Application Times

Maximize Return on Investment

1

2

3

4Tracking ProcessesQuality vs. Quantity

Broadbean?

Page 3: Why Broadbean?

1Gain Time

Page 4: Why Broadbean?

Gain Time with anIntegrated Workflow

Jobs Created

Reference #Assigned

Response Analytics

Jobs Postedto Online Boards

Manage Responses

Page 5: Why Broadbean?

2Trend Spotting

Page 6: Why Broadbean?

Current Live JobsPie Chart

The live sector pie chart can give you a simple overview of the distribution of postings across all job boards.

The report can also quickly indicate offices or branches that heavily use one job board over another.

Page 7: Why Broadbean?

Peak timeapplicationreport

The weekly application report shows the number of applications you receive per hour, over the period of a week.

In conjunction with the delayed posting time feature, available at the 3rd stage of posting, this data can be utilized to ensure jobs are being posted just before peak application times.

Page 8: Why Broadbean?

Sector PerformanceMonitor

This report displays jobs with high application rates against jobs where candidates are in short supply.

This information will determine ROI and whether or not the use of niche boards is required or if alternate channels for candidate attraction should be considered.

Page 9: Why Broadbean?

3Maximizing ROI

Page 10: Why Broadbean?

Know Your Spend

Know Weaknesses

Budget Wisely

Get More for Your Buck

Page 11: Why Broadbean?

TotalCost

Cost perPosting

Number ofJobs posted

200

JobBoard 1 200 $5000

$2000JobBoard 2

$25

$10

How Most Recruiters / Hiring Managers

Track Spend

Page 12: Why Broadbean?

TotalCost

Cost perAdvert

Number ofapplications

Cost perapplication

Number ofJobs posted

200

JobBoard 1 200 $5000

$2000JobBoard 2

$25

$10

200

242

$25

$8.26

How to Track Job Posting

Dollars More Effectively

Page 13: Why Broadbean?

TotalCost

Cost perAdvert

Number ofapplications

Cost perapplication

Number ofJobs posted

Number ofplacements

Cost perplacement

200

Job Board 1 200 $5000

$2000JobBoard 2

$25

$10

200

242

$25

$8.26

40

5

$125.00

$400.00

How to Track

Quality of Spend

Page 14: Why Broadbean?

Monitor Quality of Responsewith Broadbean

Page 15: Why Broadbean?

Follow the number of applications and a ratio of the responses per posting for each job board.

This data is used to observe which boards supply the highest application count per postings – the highest return.

Monitor the boards that provide a high ratio of unsuitable candidates.

Distinguish which job boards produce suitable candidates, those that are shortlisted or added to the database.

Response AnalysisReport

Page 16: Why Broadbean?

View Applicant Drop-Off for boards where apply online is used..

This data is used to improve the application process with each board to maximize the number of candidates that register.

In this example, Jobs In The Money has the lowest drop-off with Simply Hired having the highest.

Apply Online Report

Page 17: Why Broadbean?

Comparing CandidateApplication Data

All reports can be drilled down to compare application data across each job board, sector, and even specific salary ranges.

Branches and divisions can be compared to see how they perform against each other.

In this example, the Milwaukee Downtown branch are experiencing higher application and lower drop off ratios compared to the Milwaukee West branch

Page 18: Why Broadbean?

Entering the Cost per Post

By entering Cost per Post, the cost of advertising to each job board is displayed to users as they post jobs.

A total cost for advertising is displayed at the top of the page.

Page 19: Why Broadbean?

The new cost reports will allow you to clearly see your total spend and cost per application by individual job board

Due to the link with DT we can also see the cost of uncompleted applications

CostReporting

Board Adverts Posted

Total Cost Responses Cost per Application

Uncompleted DT

Cost for Uncompleted

Monster 155 $620.00 671 $0.92332

$296.24-47.99%

DICE 111 $2,756.00 200 $13.78- -

Career Builder 153 $765.00 1330 $0.58592

$340.51-44.51%

Total 419 $4,141.00 2001 $5.09914

$636.75-45.67%

Page 20: Why Broadbean?

4 Reach Hard-to-Find Candidates

Page 21: Why Broadbean?

Weekends?

Weekdays?

Know thePeak Times of Responses

?

Page 22: Why Broadbean?

Peak time response rates

11 12 13 14 150

200

400

600

800

1000

1200

1400

Monday Tuesday Wednesday Thursday Friday Saturday Sunday

Page 23: Why Broadbean?

Trial Job Boards-Free or Paid

Page 24: Why Broadbean?

Summary

IncreasePhone Time

Increase Quantityof Applicants

Increase Qualityof Candidates

ReduceCosts

Manage Online Spend

ImproveBottom Line