I have recently studied the Work4 business and made some recommandations on how they could enhance their service.
In a nutshell, recruiting via Facebook appears quite challenging but there is some space left for Work4 between the famous Monster and Linkedin HR platforms.
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Recruiting via Facebook: The Work4 Business case
1. Recruiting via Facebook: The
WORK4 Business Case
Pierre-Antoine Antonini 25/03/14
Strategic Analysis and
Recommandations
2. VARIOUS WAYS TO RECRUIT: The more you climb the job
ladder, the less available positions there are, the more
riskier recruitment is and the more expensive it is
C-足level
Middle
Management
White
collar/Blue
Collar
Head-足hunter
Internal
&
Networking
Recrui>ng
agencies
Social
Networks
Job
boards
Internal
&
Networking
Small
ads
(press
and
social
networks)
Job
fairs
3. FACEBOOK AS A RECRUITING CHANNEL: "
MIXED SIGNALS
ADVANTAGES
DISADVANTAGES
RECRUITER
≒ Easy targeting
≒ Education
≒ Experience
≒ Pro鍖l
≒ Cultural 鍖t
≒ Widespread candidate basis
≒ Desktop
≒ Mobile
≒ Pro鍖les not always accurate
≒ FB not the place where you
talk about job activity
≒ Fake pro鍖les
≒ People browsing FB not always in
job mode state-of-mind
≒ Maybe not appropriate for high-end
pro鍖les
≒ Friends are peer and rarely
hierarchical竪 value of referrals?
CANDIDATE
≒ Access to company pro鍖les
≒ Closer and connect
through personal
network
≒ Know more about
company culture
≒ Pre-鍖lled pro鍖le
≒ Some users may not want to mix
private and professional life
≒ Mixed signal sent to candidates:
OK they are interested in my pro鍖le
but does that mean they will look at
all the LOLCats videos I posted?
4. WORK4 Labs product overview
≒ Capability
for
companies
to
build
their
recrui>ng
site
and
promote
their
brand
Career
Page
≒ Use
FB
ad
system
to
promote
your
brand
and
available
posi>ons
to
matching
candidates
Ads
Solu>on
≒ Browse
FB
users
鍖Nng
with
your
needs
Recruiter
Solu>on
≒ Help
candidates
geNng
referred
by
their
friends
on
FB,
Linkedin
and
TwiTer
Referral
Solu>on
≒ Adapts
the
career
page
to
mobile
to
enable
mobile
users
to
check
available
posi>ons
and
apply
Mobile
Recrui>ng
solu>on
5. Positioning: level of job/cost for recruiting
High-足end
job
posi>on
Low-足end
job
posi>on
Expensive
Cheap
WORK4
LINKEDIN
MONSTER
Headhunters
Recrui>ng
Agencies
Small
adds
JOB
FAIRS
Internal
Networking
6. Business model
≒ Recrui>ng
agencies
≒ Schools
≒ Career
site
builder
on
FB
≒ Target
candidates
≒ Access
to
FB
users
as
poten>al
candidates
≒ Provide
a
beTer
鍖t
of
candidates
≒ increase
ROI
of
recruitments
≒ Companies
with
low
mainstream
visibility
≒ Small
companies
≒ FB
site
≒ FB
ads
≒ FB
Framework
≒ FB
ads
≒ Hos>ng
costs
≒ Campaign
fee
≒ License
fee
7. LINKEDIN IS THE TOP PLAYER IN SOCIAL
NETWORKS RECRUITING
≒ Advantages
Own their social network
Pro鍖le are far more detailed and done on purpose
Candidates can go through referred jobs/similar searches/similar
applications
Trusted network for companies and applicants
Can be used both for networking and job applications
Cheaper than Monster ( 139.95 for a 30-day posting compared
to 630)
≒ Disadvantages
Not targeting low-end jobs
≒ Recruiting agencies testimonial showing a growing trend:
Forget about Monster and other job boards, you should
de鍖nitely buy the Premium LinkedIn account
8. 3 RECOMMANDATIONS
≒ Following the positioning grid, the cheap service (in cash or
time) for high-end jobs is not really addressed
I am not sure FB is the right place, would need more time to
study FB users pro鍖le
≒ For immediate action, I would recommend:
Have a W4US FB app for candidates to browse jobs
≒ to incite them to 鍖ll their pro鍖le properly
Have the ability for candidates to look for speci鍖c locations and
salary range
≒ I understand companies dont want to reveal all these data in the 鍖rst
place to get more applications but it is so annoying from an
applicants perspective)
Facebook was built by replicating real-life social networks (most
of them were school networks)
≒ W4US should take advantage of all alumni groups on Facebook to
look for candidates and advertise
9. 2 New Features proposal
≒ Ability to search for/target candidates who have
applied to similar positions at competition
Companies are always interested by people working at
the competition
If they can access people who have applied to
competition (anonymously), they know these pro鍖les
are currently looking for a job and might be interesting
candidates
≒ Ability to advertise in Alumni groups in FB:
W4US contacts groups admins and can propose rev-
share, perks or just primary info on new jobs
Audience in alumni is targeted, more prone to read and
trusting the content
10. THANK YOU!
If you want to discuss the topic, please contact
me at pierreantoine.antonini@gmail.com or
@pierreantoine