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Jobstreet is a Southeast Asian online employment website, operated by the Australian Stock Exchange-listed SEEK Limited. Founded in Malaysia in 1997, Jobstreet expanded its presence across the region and currently operates in Malaysia, Indonesia , the Philippines , and Singapore .
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Marketing and advertising expenditures decrease as existing employees source potential candidates from existing personal networks of friends, family, and associates. By contrast, recruiting through third-party recruitment agencies incurs a 20–25% agency finder's fee – which can top $25K for an employee with $100K annual salary.
Its head office is at F.B. Harrison Street corner 7th Street in Pasay, near EDSA Extension, Philippines. The agency was founded as the Welfare and Training Fund for Overseas Workers through Letter of Instruction No. 537, signed by President Ferdinand Marcos on May 1, 1977.
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