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Joveo Whitepaper The Ultimate Guide To Programmatic Job Advertising
Joveo Whitepaper The Ultimate Guide To Programmatic Job Advertising
Joveo Whitepaper The Ultimate Guide To Programmatic Job Advertising
to Programmatic
Job Advertising
How the world’s smartest recruiting
teams advertise their jobs
WHITEPAPER
Talent Acquisition and recruitment marketing teams today are
constantly running against the clock and uncertain budgets to
achieve their hiring goals. They continue to be tasked with
finding more qualified applicants quickly - amidst a rising pile
of varied challenges - at almost every stage in the
recruitment process.
Transparency
Recruitment marketing teams may also be painfully unaware of how their
talent (candidate) sources are really performing when it comes to hiring
outcomes and related costs. This lack of transparency could be due to
either their reliance on post-and-pray job sites or the lack of visibility into
down-the-funnel metrics beyond cost-per-click (CPC or cost-per-
applicant (CPA. The ability to compare these metrics - all the way from
click to application to hire - in real-time across various job sites as well as
search engine job ads and social media, is non-existent in most platforms.
Without a practical way to work with hundreds of In addition, as many organizations are currently
publishers, most recruitment teams limit running lean recruitment teams, it becomes
themselves to the ones that bring in the most essential to enhance recruiter productivity and
volume or deliver the lowest CPC regardless of ensure most of their time is spent on doing the job
whether or not they are the most economical (in they typically know best, which is interviewing,
terms of cost-per-hire or CPH, or even offer the hiring, and onboarding candidates.
highest candidate quality.
Predictability
However, it’s almost impossible to have a predictable recruitment process across the entire job seeker journey
(from click to hire) when recruitment marketing decisions are driven by intuition and not data. Most recruiters
today are guessing their sources and required budgets – with little data.
The answer:
PUBLISHERS
This involves a way to ingest and gather all your data (number of hires / qualified applicants, cost-
current and historical data, including your job per-hire, time-to-fill, etc.), to create your target and
requisition data; source, apply, and hire data; and lookalike (similar) audiences - not only to meet your
any other data from your current or previous current recruiting goals, but to also prepare itself
recruitment marketing efforts. This constitutes your for your future hiring needs.
“seed data.”
These are the “rules” that ensure that you stay on
track for your goals, and maintain discipline at
every step along the way.
Budgets
Seed data : :
and goals
PROGRAMMATIC
Number of qualified
Source, apply JOB ADVERTISING
applicants
& hire data
PLATFORM
Jobs data Time to hire
! !
Automated,
Activation
optimized distribution
! !
Lookalike
audiences
This is where the programmatic job advertising seekers are) with the highest ROI, when you need it
platform activates your data to inform recruitment and for the right amount of time.
can automate and optimize your job distribution planning and buying has helped businesses source
Here, you can track and analyze the performance This component provides you with end-to-end
and costs of all your recruitment media (including visibility and control of your entire job advertising
job boards, search engines, and social media) – via process, whether you're working with pay-per-click
a centralized dashboard – from click to hire. All your (PPC job boards, duration-based postings, slot-
recruitment advertising data is crunched to based job boards, search ads, display ads, social
generate real-time insights on ad performance and ads, or even organic options. It allows you to
costs at a campaign, publisher, job group, and compare all your digital candidate sources apples-
ideally at a job level too. The insights are your to-apples and easily identify the ones that are
outcomes. delivering the most (and the least) ROI.
getting the most bang for our buck, where our ROI is coming in
from. The other thing that I love is the track to hire feature.”
Michael Swift
Director, Recruitment Marketing, HealthTrust Workforce Solutions
>
Intelligence
>
based on “your” data
Insights
>
inform subsequent media buying decisions. This outcomes and costs also become much more
leads to continuous optimization and improvement predictable and consistent over time.
This is one of the most obvious benefits of Furthermore, your programmatic job advertising
programmatic job advertising. A programmatic solution enables you to avoid wasting your
recruitment advertising platform enables you to recruitment marketing dollars on non-performing
allocate budgets (spending caps) at multiple levels: job boards, bot clicks, and intermediary fees.
campaign, job group, job (ideally), publisher, and You can ensure your job ads are distributed only on
more. the most cost-effective publishers - and your
media buying strategy is aligned with your cost
It also allows you to track performance and costs goals. All of this drives down your cost per
across all your media – whether it’s job slots, pay- applicant as well as cost per hire.
per-click publishers, duration-based job boards,
Google, Facebook, or others – via a single, Our clients typically see a 20 50% reduction in
centralized dashboard. You can easily compare and cost-per-applicant (and cost-per-hire) and a
understand how individual channels are performing proportionate increase in recruiting ROI.
and contributing (and which ones are performing
better) - and use those insights to drive job
advertising decisions.
Qualified and relevant – these are important words A major benefit of programmatic recruitment
when it comes to recruitment. You can spend an advertising is that it ensures your job ads are
enormous amount of money on the post-and-pray targeting the most qualified / relevant job seekers
approach to job advertising and get hundreds or for your specific needs. Intelligent, automated
even thousands of applications. But how qualified / optimizations (driven by a machine learning engine)
relevant are they? In other words, how many of allocate spend to the best-fit publishers, where
them have a high probability of turning into actual you’re more likely to find these candidates. As a
hires? Without the right applicants you need, the result, the number of qualified and relevant
Jerry Collier
Managing Director of the Products Division, Alexander Mann Solutions
Greater reach
There are thousands of job boards and publishers. You can also find and engage passive job seekers
Programmatic job advertising enables you to get that aren’t on job boards but on the rest of the
your job ads in front of more job seekers globally, World Wide Web, visiting Google, Facebook, or
especially on sites that will deliver the best (and their favorite lifestyle websites.
most cost-effective) results for your business. This
might include niche job sites that you may be It is worth noting that a truly global reach will
unaware of, but can potentially deliver exceptional require a programmatic job advertising platform to
hiring outcomes. support multiple languages and currencies, in
addition to publisher networks internationally.
Automating repetitive tasks can go a long way in making talent acquisition (TA and recruitment marketing
teams more productive. Programmatic job advertising saves a massive amount of time for recruiters and TA
professionals as it removes the manual labor involved in posting, managing, and optimizing job ads across a
multitude of channels and interfaces (job boards, social channels, and other sites used for finding and recruiting
candidates).
This allows them to not only spend more time on people-centric functions, such as interviewing, screening
candidates, hiring, and onboarding, but also operate at a much larger scale and manage vastly more expansive
programs than traditional methods.
Faster time-to-hire
The increase in relevant applicant volume as well as the efficiency of programmatic job advertising technology
reduces the time it takes to deliver hires (time-to-hire).
For many of our clients, time-to-hire has been reduced by 35% or more.
In traditional job advertising, real-time tracking of performance and cost across all media was next to
impossible. Even when you did get data at, say, the end of a month, collating it across all the varied sources
(slot or duration-based publishers, pay-per-click job boards, Google, etc.) and then having someone adapt it to
a pre-agreed format and redistribute it for analysis, took so much time that it served little to no practical
purpose by the end of the exercise.
With a programmatic recruitment advertising platform, you know precisely where your precious job advertising
dollars are going, in real-time. You can track performance and costs across all your recruitment media - job
boards, search engines, and social media - from clicks to applications to hires. You can also slice and dice the
data any way you want - across campaigns, jobs, publishers, and more - based on your needs.
You can answer questions such as – how did this budget work? Do we need to raise the budget? Do we have
enough candidates for this job? Do we even need to sponsor these jobs, or can we fill them with organic results
without having to spend anything?
With such robust data, analytics, and insights, you can make intelligent, informed, and effective recruiting
decisions that drive maximum ROI at every step of the job seeker journey.
Whether you are looking to deploy such a solution for the first time and evaluating different solution providers -
or re-evaluating your existing vendor (or even re-negotiating your contract with them), it is imperative to have a
deep understanding of the platforms’ capabilities to best serve your needs not just today, but in perpetuity –
because hiring, for the most part, is an ongoing business process.
Given the complex and fragmented nature of the talent acquisition landscape, the more specific your questions,
the better your understanding and selection will be. Here are the top questions to ask:
How many job boards (or publishers) is your solution compatible with?
Can your platform / team buy and manage media across all required job boards?
Can your platform advertise jobs and target both active and passive job seeker audiences on Google, social
Can we manage our existing slots and duration-based postings from the same platform?
Can your platform showcase insights by campaign, job group, and job?
Can your platform optimize and set up automation rules and expansions down to the job level?
What media buying channels or publishers does your platform automate (CPC, CPA, duration-based and
How long does it typically take for a user to learn how to use automations?
Can your platform track all our required metrics - from click to hire - in a single dashboard?
Can you track metrics across all our online sourcing channels - job boards, search engines, organic, and
Can your solution track candidate conversions across any channel (universal conversion tracking)?
Does your platform indicate how many organic applications a particular job has received?
Does your job application experience improve the number of applications as well as click-to-apply
conversions?
Can you re-target and re-engage relevant job seekers that did not complete their application?
Product usability
How much training is necessary to use the platform?
Global presence
Which geographical markets is your solution best suited for?
Can our globally distributed teams have centralized visibility into data across multiple
geographies or regions?
When was the last time your platform had a new feature release?
How often do you release product updates and enhancements? Are they based on customer input? Are
Who are some of your clients? Can I speak to a couple of them about their experiences?
GET IN For more information about Joveo’s award-winning programmatic job advertising
platform, email sales@joveo.com or give us a call at 1.724.204.5400.