HR magazine has a new article out on job board security. It's not online yet but there were some interesting quotes I wanted to pass along.
- "...employers have become increasingly dependent on job boards, investing nearly $6 billion in such postings last year alone...As competition in some professions increases, job board spending by employers during the next five years is expected to grow by more than 10 percent annually.
- "IBM, the country's fourth largest employer recruitis for thousands of vacancies around the world each year. And while it once relied on boards like Monster, CareerBuilder and Hotjobs for candidates, Schreyer says he has been forced to find alternatives. If they delivered, I would still use them."
- "Candidates have stopped trusting the boards...They're no longer putting their information out there, so searching for candidates is a waste of time."
- "The effectiveness of traditional online recruiting and the fate of its lucrative business model, could be comprimised, Weddle and others say, unless the industry takes steps to regain stakeholder confidence."
Peter Brasket of
Jobs2web is also quoted saying "Job boards exist because search engines cant find the listings"...
I'm not sure I agree with that. We exist because people want a place where they can go to find a lot jobs in their field/location. If there were no job boards, the job search were be extremely inefficient.
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