Scott Turner
Ft Myers, FL (USA)
Role(s):
WorkGiant Holdings
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Startup
Location:
Ft Myers
Industry:
Internet
Year Founded:
2006
Number Employees:
INVALID
Description:
U.S. companies spend an estimated $12,000,000,000 annually on employment websites to help fill their personnel requirements resulting in 4,676,000 placements or 12.3% of the external hires in the U.S. The advertiser has less than a 9% chance the ad expense will secure a new employee. This low probability inflates the average advertising cost per new hire to more than $2,500 . Due to the high cost and low success probability, employers advertise only 30%6 of their requirements leaving 70% of their open positions hidden from qualified potential employees.
WorkGiant dramatically increases the success rate from the current industry standard of 9% to 100%, essentially eliminating the employer risk. With zero financial risk, businesses will increase job opening exposure from 30% to near 1