iLogos Research Study Shows Global 500 Increase Web Site Recruiting in Europe, Asia-Pacific and North America

Research reveals Asia-Pacific adoption of online recruiting outpaces other regions

San Francisco, CA – June 14, 2001 –

iLogos Research (www.ilogosresearch.com), the leading research firm dedicated to the study of trends in the online recruiting industry, today released its 2001 version of the Global 500 Web Site Recruiting Survey, which has been providing information about the adoption of corporate Web site recruiting, worldwide, since 1998. The Global 500 Survey includes the largest companies in the world based on gross revenue and segments the information by three regions: Europe, Asia-Pacific and North America. The survey reports what percent of Global 500 companies are using the corporate Web site as a tool to acquire human capital assets. Additionally, the report cites online recruiting trends and forecasts future strategies. iLogos Research is a division of Recruitsoft, Inc., the leading provider of online hiring management solutions.

"Since 1998, global Internet usage for recruiting purposes has expanded significantly," said Yves Lermusiaux, president and founder of iLogos Research, "from 29 percent of Global 500 companies in 1998 to 88 percent today. This year’s survey shows that European and Asia-Pacific companies’ growth is stronger than that of North American corporations. For the most part, this is due to the different adoption stages of the Internet in various regions of the world. However, there still remain significant opportunities to be exploited with newer integrated technologies in corporate hiring management practices overall."

Lermusiaux continued, "Most importantly, in order to leverage the true power of the Internet, corporations need to marry the front-end careers Web site with a back-end automation solution, facilitating global communication. This results in a fast and systematic process automating the recruiting supply chain and bringing a standardized, real-time process to one of the most important, and least efficient, areas of corporate governance."

The study determines that the largest increase in the adoption rate for corporate Web site recruiting occurred among Global 500 companies located in the Asia-Pacific region, with an increase of 20 percent over the last year, to 88 percent of Asia-Pacific Global 500 companies. European companies saw an increase in online recruiting of 10 percent, to 83 percent of European Global 500 companies; and North American Global 500 companies increased just one percent, to a leading 93 percent, approaching saturation in career Web site recruiting.

Additionally, in 1998, 14 percent of Global 500 companies did not have a corporate Web site; today, all Global 500 companies have a corporate Web site. Furthermore, in 1998, 57 percent of Global 500 companies did not use the corporate Web site for recruiting purposes; today, only 12 percent of Global 500 companies do not use the corporate Website for recruiting purposes.

According to the study, most Global 500 companies currently incorporate Internet recruiting into the typical hiring strategy. By 2002, iLogos Research expects that nearly 100 percent of the Global 500 will be utilizing corporate Web sites for recruiting, with a few late adopters coming in 2003.

According to iLogos, the next opportunity will be true eheadhunting, followed by online workforce optimization including such processes as skills inventorying, skills gapping and talent deployment, in real time, based on the needs of the organization. iLogos Research Vice President Alice Snell said, "The increased adoption of corporate Career Web site recruiting positions the world's largest companies to take advantage of the powerful opportunity to not just Web-ify existing processes, but to use technology to gain productivity and effectiveness by taking the next steps into online recruiting and talent management."

About iLogos Research
iLogos Research (www.ilogosresearch.com), the independent research and consulting division of Recruitsoft, produces data on industry trend and intelligence on best practice methodologies, benchmarking and analysis. Specializing in the impact of new technologies on human capital acquisition among large corporations, iLogos Research monitors, analyzes and forecasts innovative technologies, Internet strategies and break-through practices that allow corporations to optimize and adapt best practices. Founded in 1997 as iLogos Internet Intelligence, iLogos was acquired by Recruitsoft in September 1999 and today remains the most rigorous source of data for human capital Internet-related issues. Among iLogos published reports and studies are Global 500 Web Site Recruiting, 2000 Survey; Best Practices for Fortune 500 Career Web Site Recruiting, 2000; Lessons from the Global 500, 1999; and Achieving Results with Internet Recruiting, 1998.

About Recruitsoft
Recruitsoft, Inc. powers enterprise recruiting and talent optimization for leading companies across many industries. Among Recruitsoft clients are Hewlett Packard, Dow Chemical (NYSE: DOW), Agilent, Hasbro, American Airlines, United Airlines, Deloitte & Touche, Bombardier Aerospace and Transportation, MetLife, Cabletron Systems (NYSE: CS), and Sutter Health. Recruitsoft is the first company to align talent demand and supply—electronically—to reduce reliance on third-party intermediaries in the hiring, internal talent matching/deployment and retention processes. The company's Recruiter WebTop solution leads to faster time-to-contribution, lower cost-per-hire, and ultimately, increased quality of hires. Recruitsoft is considered to be the best-practice ASP for recruitment management solutions, based on its proprietary ACE Recruiting™ methodology, designed in collaboration with large corporations to engineer and streamline the corporate recruiting and internal talent matching and deployment processes. Recruitsoft is a contributing member of the HR-XML consortium.

EDITOR'S NOTE: This report is available on the iLogos Research website at www.recruitsoft.com/iLogosReports/. Separately, recent reports available for press include: Best Practices for Fortune 500 Career Web Site Recruiting and Addendum, Canadian Top 100 Companies.

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