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Overview

The recruitment market in Nepal

Introduction to meroJob .com

Services offered

Service Lifecycle

Service Process

Service Strategy

Location and Layout

2

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Overview

Human Resource Management

Revenue Model

Reasons for Excellent Growth

Threats or Problems of Online Business

Risk Analysis

Recommendations

Critical Success Factors

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meroJob.com: Reason for

existence

The recruitment market in Nepal

Challenges with recruitment process

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Introduction to meroJob.com

Innovative jobsite operating in Nepal

Online portal to support the recruitment

and selection processes

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Mission & Vision

Mission

The mission of merojob.com is to be the one-

point solution for all job seekers with

numerous choices of jobs from all industrialsectors with secure flow of information

Vision

The vision of Merojob.com is to be Nepals No 1 jobsite.

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Competitors

List of competitors which we found on the topfrom Google search engine

Jobsnepal.com

Rollingjob.com

Growth Seller Merocareer.com

Globaljob.com

Jobshikari.com

Placementnepal.com

Ka.am Ejobnepal

Kantipur Internet Job

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Services offered

Tools for Job Seekers Job Search

Post Resume

Tools for Employers Post Jobs Top Job Service

Hot Job Service

Featured Job Service

Executive Search Service

Banner Advertisement Service

General posting

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Service Lifecycle

MeroJobs.com is at the Growth stage of its

life cycle

Product sales, revenues and profits is

beginning to grow as the product is becomingmore popular and accepted in the market

Break-even point is likely to remain un-

breached for a significant time even until thenext stage

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Service Process

Vacancy Announcement

HR Recruitment

The Bottlenecks

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Creative Services

Carries out job campaigns

Conducts virtual fair

Resume development (both online service and in

person service) Homepage link to premier organizations

Sending Jobs Mails to the candidates by doing adatabase search on the listed vacancies

Most cost effective method of hiring Private automated notification of job openings

through e-mails and SMS

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Location & Layout

Situated at New Baneshwor , GanpatiBhawan.

Spacious, well equipped and furnished office.

Good cafeteria for refreshment. Easy transportation.

Initially the office was on two floors, but now

its in the same floor due to which there ismore co-ordination in work

Layout is very simple and brand conscious

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Layout

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Human Resource Management

Small and simple

Orientated towards organization mission, vision

Provided training to enhance their competence

Open communication and prompt solutions

No any type of discrimination or harassment Social gatherings

Celebration of employee birthdays and anniversarys

Hire people at the bottom of the pyramid often assistantand promoted as per the work

Working hours are 10 am to 6 pm ,salary is at par withthe market

Provided with certain amount of job sales they makewhich motivate them to work.

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Revenue Model

The major sources of revenue are:

1. Job listings and employer branding or visibility

advertisements

2. rsum database access.

Supporting revenue sources include job seeker

services, trainings, Google Ad sense, mobile revenue,

and the value added service of rsum short listing

and screening.

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Reasons for Growth

Made market more efficient by reducing search

cost and transactioncost

Cycle time to close the transaction became shortleading to increased satisfaction.

Market became more efficient. Trapped value

created.

New found community of recruiters and job

seekers

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Threats of Online Business

Threat from imitators to replicate the service

Loyalty in an online environment must be carefully

analyzed.

How to make the offer to the recruiters and the job

seekers different from competitor?

Problem of commoditization of service due toincreasing competition

Danger of being priced out.

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Operational Risk

Business Continuity: Technical failure leading

to interruption of service.

Obsolescence: Always faced with the risk ofan innovation or product development.

Disaster recovery: Corruption or inability to

restore the data could pose a problem

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Strategic Risk

Competition: Job portals have competitiondirectly on the online space and the offline.

Dependency Risk: Large dependency on thisone line of business.

Investment Risk: Probability that entire

investment might not generate any returnsand absorb more cash in the incubationphase.

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Financial Risks

Revenue Management and Tax Issues:

Company has a few revenue collections;

management and income tax and service

tax issues against it.

If not managed may impact future cash

flows, though not materially.

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Manpower and Regulatory Risks

Employee Attrition: Human Resource attritionmay affect the course of the business.

Content Liability: Fraudulent postings/profileson the website, spamming by some of theusers may damage the Companys reputationprivacy

Intellectual Property Protection: Possibility ofaccidental/unintentional infringement/passingof by others

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Recommendations

How to meet the owners objectives?

1. How to defend its market share of 50

percent?

2. How to grow further, i.e. sustain the first

mover advantage?

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Recommendations

Focus on job seekers by offering services

that match their needs

Segmentation strategy based on job seekers

and recruiters may be explored

Strategies to be developed and implemented

to acquire and retain job seekers even after

they have got jobs Building relationship with employers through

an understanding of their specific needs.

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Critical Success Factors

For web-based business, the focus should

be on:

developing individuality

building interactivity

developing customer as co-producer

delivering value

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Critical Success Factors

Should focus itself as a facilitator and

actively involve job seekers and recruiters

in making offers to each other.

Specific initiatives should be taken on

sales force compensation and assessment

The revenue model should be reworked to

tap revenue from job seekers as well.

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Thank you