The best-of-breed recruiting software leader Jobvite recently announced their one million jobs filled milestone, with 2017 boasting 270,000 of them alone. Almost 54 million candidates contributed traffic to a Jobvite-powered website in 2017, which created a 13% uptick in new applications and 18% increase in new hires. The database of the company - which offers analytical data regarding hiring trends, challenges, and efficacy, currently hosts 62 million unique profiles and welcomed almost 10,000 recruiters in the last year - a 34% increase from 2016.
This is only the latest achievement as the company continues to build its base of enterprise and midmarket customers. Over the past two years, the company has seen an increase in revenue of over 230 percent from enterprise customers and an increase of over 70 percent in revenue from the midmarket. This uptick in revenue reflects the company’s key growth in the enterprise and midmarket segments, adding new customers such as Habit Burger Grill and La-Z-Boy.
“Reaching this growth milestone is a testament to the strength of our team and the power of the Jobvite Platform,” said Jobvite CEO, Dan Finnigan. “Our customers are reaching the right high-quality candidates faster by engaging them throughout the entire recruiting process, giving them a competitive edge in this tight labor market. We look forward to helping them do that even more effectively going forward by continuing to focus on cutting-edge technology and a candidate-centric recruiting philosophy.”
Jobvite’s commitment to developing top-of-the-line technology for recruiters has led to a wave of recent product innovation and partnerships. In late 2017, the company announced AI-powered hiring tools and products to help recruiters hire the right candidates faster — including smart candidate ranking and predictive time-to-hire. Jobvite introduced a new Universal Data Connector enabling seamless connectivity to industry leading BI tools such as Domo and Tableau. Other new enterprise-grade capabilities include custom roles, candidate and requisition management, and the hiring team mobile app.
Jobvite continues to lead the industry in providing excellent customer experiences. Named a leader in IDC MarketScape for Worldwide Modern Talent Acquisition Systems, Jobvite was recognized for its ability to anticipate and support customers’ unique needs. This strength in driving customer success earned Jobvite a 2018 Silver Stevie Award for Innovation in Customer Service, the company’s eighth Stevie Award to date.
As Jobvite continues to grow and plant its roots, the company will host another annual Recruiter Nation Live on October 1st - 3rd in San Francisco where recruiters will be granted the opportunity to express their practices, discover new hiring trends, and preview emerging technology.
Edited by K. Fanning
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