Recruit Holdings Co., Ltd. · TSE:6098
Recruit — Investor Day (2024)
40 slides from Recruit's investor day presentation, Apr 19, 2024
Slide 1: Indeed Product Highlight: Employer
Indeed Product Highlight Employer Make hiring simpler, faster, and more human Raj Mukherjee EVP and General Manager, Employer Indeed 1-5-1
Slide 2: We help people get jobs
We help people get jobs:
Slide 3: Indeed is becoming the hiring partner of choice for employers
Indeed is becoming the Job Seeker First hiring partner of choice for employers Pay for Performance 1-5-3
Slide 4: Building solutions to simplify each step of the hiring process
We’re focused on building solutions to simplify each step of the hiring process Hiring Process Post a Job / Source Screen Schedule Interview Offer Hire Jobs from ATS 1-5-4
Slide 5: Employers need help with an inefficient, impersonal hiring process
Throughout the world, employers need help addressing a hiring process that is highly inefficient and impersonal Complex Slow Impersonal 16+ 50+ 78% HR systems used by an days to fill an open of job seekers say they’ve HR team, on average1 position, on average2 ghosted an employer3 Source: 1 HR syste
Slide 6: Hiring solutions powered by AI and automation address hiring challenges
Our hiring solutions powered by AI and automation address employers’ hiring challenges Complex Simpler Faster Slow More Impersonal Human 16+ Easy job posting functionality and seamless 50+ Dramatic reduction in time to hire with the help of AI and 78% Enabling meaningful conversations between employ
Slide 7: Our Vision: Primary hiring partner for all employers
Our Vision Primary hiring partner for all employers 1-5-7
Slide 8: Our three-part strategy
Broad Reach 01 Reach all employers, small and large, and have their jobs on Indeed Our three-part 02 Best Matching strategy 03 Faster Connections 1-5-8
Slide 9: More than 3.5 million employers worldwide
01: Broad Reach More than 3.5 million employers worldwide turn to Indeed’s marketplace to help them hire Source: Indeed data, 2023 1-5-9
Slide 10: Indeed delivers over 3X more hires than any other job site
01: Broad Reach Volume of hires by hiring source among BreezyHR clients (US, EU) Indeed delivers over Indeed 3X more hires Job Site A Job Site B than any other job site Job Site C Job Site D among BreezyHR clients in the US and EU Job Site E Source: BreezyHR Sources of Hire Report 2022 (EU, US). Ind
Slide 11: SMBs around the world choose Indeed when they need to hire
01: Broad Reach SMBs around the world choose Indeed when they need to hire Global Indeed SMB Unaided Consideration CY'2020 CY'2023 74% 71% 74% 64% 60% 60% 52% 52% 51% 48% 46% 40% 12% 13% United States Canada United Kingdom Germany Netherlands France Japan Rank: 1st 1st 1st 1st 1st 1st 1st Source: Ba
Slide 12: Indeed delivered 95%+ of all new hires
Get Up and Go Kayaking Indeed delivered 95%+ of all new hires to meet demand “ I tried out several different hiring sites but always found that Indeed’s candidates were more qualified and better suited for the roles that we were looking for.” Justin Buzzi Founder of Get Up And Go Kayaking 1-5-12
Slide 13: Large enterprises also turn to Indeed for their hiring needs
01: Broad Reach Large enterprises also turn to Indeed for their hiring needs Fortune 500 companies using Indeed1 Leader in unaided consideration with large enterprises2 72% 67% 67% 57% 57% 90% 1st 1st 1st 1st 1st United States Canada United France Netherlands Kingdom Source: 1 Global Indeed internal
Slide 14: 300+ ATS partners connect essential tools
01: Broad Reach Job Sync Automatically publish jobs from an ATS to Indeed Indeed Apply Sync Enable Indeed’s easy apply process for all jobs published We collaborate with from an ATS 300+ ATS partners to help large enterprises ATS connect essential tools Candidate Sync Sync Sync candidates on Indeed
Slide 15: TruGreen: faster time to interview and reduced drop-off
By leveraging Indeed Apply and integrating its ATS with Indeed, TruGreen is seeing: Up to 95% 85% reduction in faster time to interview candidate drop-off “ Indeed is the #1 sourcing platform for us at TruGreen… It used to take us a little bit over 2 to 3 weeks to just get someone to fill out the ap
Slide 16: Our three-part strategy: Best Matching
Broad Reach 01 Reach all employers, small and large, and have their jobs on Indeed Our three-part Best Matching 02 Deliver quality candidates for all jobs to make strategy hires by understanding job requirements 03 Faster Connections 1-5-16
Slide 17: We make it easy to post a job on Indeed
02: Best Matching We make it easy to post a job on Indeed Please watch the full video presentation to see the product demo 1-5-17 As of 11/25/23
Slide 18: Matching engine driven by scale of job seeker and employer data
02: Best Matching Our matching engine is driven by the scale of our job seeker and employer data Job Seekers Indeed Employers Matching Engine 350M+ monthly Unique Visitors1 3.5M+ employers3 525M+ global job seeker profiles2 30M+ jobs3 Source: 1 Indeed Internal Data, average monthly Unique Visitors A
Slide 19: Helping employers ensure job postings have the right data
We help employers ensure their job postings have the right data to attract quality candidates Benefits Compensation Critical Location attributes for Job type job seekers 3X more started applications Shift information Requirements Source: Indeed data, US 1-5-19
Slide 20: Improvements for indexed jobs deliver more applications and hires
02: Best Matching We’re driving improvements for indexed jobs to deliver more applications and hires On average, indexed jobs with Indeed Apply enabled receive 5x more completed applications per job.1 Indexed Jobs with pay and location are +180% more likely to get a hire.2 Source: 1 Indeed data (wor
Slide 21: Recommended screener questions improve candidate quality and matching
02: Best Matching Our recommended screener questions improve candidate quality and matching Jobs with screener questions result in 50% more hires on average. Source: Indeed data (worldwide), average over March-May 2023. See P19 of “Consolidated Financial Results for the Year Ended March 31, 2023 (IF
Slide 22: Assessments help employers screen for qualified candidates
02: Best Matching Assessments help employers easily screen for qualified candidates, reducing time to hire Jobs using Indeed Assessments made a hire 49% more often (US).1 Reduced employer time to hire by 16%.2 Source: 1 Indeed data (US); 2 Indeed data (CA, FR, UK, US) 1-5-22
Slide 23: Discover and recruit the best candidates among millions of job seekers
02: Best Matching We help employers discover and recruit the best candidates among millions of active job seekers in our HR Technology marketplace Resume Search Matched Candidates Automated Sourcing Employers search Indeed Indeed AI recommends Indeed does the work of resumes and decide who quality c
Slide 24: Resume Search offers employers control to find candidates
02: Best Matching Resume Search offers employers control to find the right candidates for their jobs Job seekers who receive an outreach are 2X more likely to connect with an employer than those that apply on their own Source: Indeed data (worldwide) 1-5-24
Slide 25: AI-powered Matched Candidates delivers recommendations
02: Best Matching AI-powered Matched Candidates delivers recommendations based on qualifications and responsiveness Matched candidates employers invite to apply are 17X more likely to apply than job seekers who only see it in search1 Median job seeker response time: <5 hours 2 Source: 1 Indeed data
Slide 26: Smart Sourcing combines Resume Search and Matched Candidates
02: Best Matching Smart Sourcing will combine Resume Search and Matched Candidates in one seamless experience (Coming Soon) Smart Sourcing Resume Search Matched Candidates Search resumes and contact candidates Invite recommended candidates to apply for jobs AI 1-5-26
Slide 27: Smart Sourcing leverages GenAI to evaluate and contact candidates
02: Best Matching Smart Sourcing leverages GenAI to help employers evaluate and contact qualified candidates faster and easier Candidate Highlights Smart Messages 1-5-27
Slide 28: Automated outreach drives applications
02: Best Matching Automated outreach drives applications by automatically recommending relevant jobs to job seekers Over 40% growth in applications from automated sourcing last year.1 Job seekers are 2.5X more likely to apply if they receive automated sourcing outreach.2 Source: 1 Indeed data (world
Slide 29: AI-powered matching engine fuels solutions across Indeed
02: Best Matching Our AI-powered matching engine fuels solutions across Indeed to connect employers and job seekers Resume Matched Automated Employers Homepage Job Seekers Search Candidates Sourcing Hires Interviews Job Responses Qualifications Resume Qualifications Description Applies Off- Match In
Slide 30: AI and ML optimize the automated sourcing experience
02: Best Matching AI and ML optimize the automated sourcing experience on Indeed 20% increase in started applications with generative AI content Control Generative AI Source: Indeed data (worldwide) 1-5-30
Slide 31: Our three-part strategy: Faster Connections
Broad Reach 01 Reach all employers, small and large, and have their jobs on Indeed Our three-part Best Matching 02 Deliver quality candidates for all jobs to make strategy hires by understanding job requirements Faster Connections 03 Tools to help you screen, message, schedule and interview to make
Slide 32: Outreach within hours: speed to respond leads to more hires
03: Faster Connections Outreach within 4 hours Speed to respond leads to more hires 95% more likely to lead to a hire Source: Indeed data (worldwide) 1-5-32
Slide 33: Enabling more same-day connections on Indeed
03: Faster Connections Enabling more same-day connections on Indeed Video Phone to Phone Click to Call Messaging 1-5-33
Slide 34: Built-in messaging drives faster connections
03: Faster Connections Built-in messaging drives faster connections between employers and job seekers on Indeed <2 hours Job seeker response time Source: Median job seeker response time, Indeed data (worldwide) 1-5-34
Slide 35: On-platform virtual interviews accelerate hiring
03: Faster Connections On-platform virtual interviews accelerate connection, evaluation, and hiring 8M interviews on Indeed last year1 Average time to hire is 44% faster for employers who interview on Indeed2 74% positive ratings for Job Seekers Source: 1 Indeed data (worldwide); 2 Indeed data (worl
Slide 36: Automated messaging saves time and enables faster outreach
03: Faster Connections Automated messaging saves time and enables faster outreach 20X growth in connections facilitated by automation this year Source: Indeed data (worldwide), January 2024 compared to January 2023. Connections facilitated by automation: Automated messages leading to positive two-wa
Slide 37: Employer mobile app facilitates faster connections
03: Faster Connections Our employer mobile app facilitates faster connections iOS app rating of 4.81 Employers receiving push notifications connect with job seekers 20% faster2 Employer user growth tripled in first 6 months3 Source: 1 As of February 2024; 2 Indeed data (worldwide); 3 Indeed data, Ma
Slide 38: Our three-part strategy
Broad Reach 01 Reach all employers, small and large, and have their jobs on Indeed Our three-part Best Matching 02 Deliver quality candidates for all jobs to make strategy hires by understanding job requirements Faster Connections 03 Tools to help you screen, message, schedule and interview to make
Slide 39: By 2030, we will help 100M people get hired
By 2030, we will help 100M people get hired 1-5-39
Slide 40: Key takeaways
Key takeaways 01 By scaling our reach, we strive to be the primary hiring partner for all employers 02 Our AI and automation solutions address employer hiring challenges and simplify the hiring process 03 We help employers get matched to the best candidates among millions of job seekers in our activ