Job Boarders

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.

9 Comments

Christian Shalay Comment by Christian Shalay on December 5, 2007 at 9:29am
Chris, thanks for sharing. Is there a way to get this article if you don't have a subscription?
Adrianne George Comment by Adrianne George on December 5, 2007 at 9:37am
Thanks for the article Chris. It gave me the perfect "excuse" to check back in with IBM Sverige.
Chris Russell Comment by Chris Russell on December 5, 2007 at 9:54am
I dont know, I guess it should be on there site at some point...you might be able to get it then.
Julian Stopps Comment by Julian Stopps on December 5, 2007 at 9:55am
A good find Chris.

I think the quoted comment by Peter Brasket's is valid - to a point. If every business pushed its jobs to its own recruitment portal AND if the search engines were able to effectively segregate and organise job advert data from the rest of the web’s content, the need for job boards would be greatly diminished. But it’s a massive step for these two criteria to become a reality, so I think job boards are safe for now.
Necati Comment by Necati on December 5, 2007 at 11:22am
@Julian
Many job boards are more than an aggregation or categorization of jobs. Or they could. Or should anyway. Although -again- many of them don't live up to the promise of being one, they are to act as a career center for the job seeker, alerting her of new jobs she would be interested in, providing useful information like interview tips, company information, salaries etc.
And employers do need job boards and their databases to reach out to the passive jobseekers who may be interested in a new job offer if offered but won't go hunt for one if not.
There are probably many other points why a better search engine won't do as a replacement... I guess they would, provided they incorporated to their offering non-search engine functions as well.
jobboardguy Comment by jobboardguy on December 5, 2007 at 11:42am
Forgive me for being blunt (and no disrespect intended for Julian) but thats total B.S.
Thats some of the biggest "ifs" I have ever heard.
Reminds me of the old adage-
"If grasshoppers had wings, they wouldn't hit themselves in the *arse* everytime they jumped".

That's like saying "If McDonalds started selling Pizza, there wouldn't be any reason to have Pizza Huts."

There will always be a need for job boards in some form or shape. Granted if a Google or a Microsoft or somebody along those lines launched a job board and somehow mystically/mysteriously/magically managed to get EVERY single job posting and then figured out how to somehow make it easy to search and could somehow also display every single tidbit of career related content whereas a jobseeker wouldnt need to go nowhere else, and managed to somehow have the capacity for resume storage, and....
The bigger issue at stake is the security problem with online resume databases-not with the actual posting of job adverts.
Job seekers will continue to rely on sites (job boards) they trust. Employers will also continue to post thier adverts to a multitude of sites knowing full well there's no "Holy Grail" out there.
Since were in the holiday mode here, I'll get off my soapbox and end with this other favorite of mine-

If ifs' and buts' were candy and nuts, everyday would be Christmas
jobboardguy Comment by jobboardguy on December 5, 2007 at 11:48am
I forgot to mention-
if anyone wants a copy of the complete artice, shoot me an email at elinebach@nationjob.com
Julian Stopps Comment by Julian Stopps on December 5, 2007 at 1:35pm
Great to get some debate going on this.

I appreciate I introduced two big ‘ifs’ into the equation, but evolving an industry, particular an online one, is all about turning ‘ifs and buts’ into reality. I’m not suggesting that job boards are a thing of the past, but there are activities going on right now which challenge both ‘ifs’:

+ Corporate recruiters understand the value of their job vacancy information. There are more corporate recruitment portals than ever before, produced to a high level and giving the candidate a strong branding experience. In the early days, corporate recruiters didn’t get online recruitment – this is not the case anymore. The number of job postings that exist on sites that are not ‘dedicated job boards’ is on the increase.

+ Vertical search engines, which are focused specifically on the web’s recruitment advertising content, have emerged to fill the gaps in generic search engines. Where Google or Yahoo fail to differentiate a job post from a static web page, sites like Indeed, SimplyHired and WorkHound are filling the void. They are aiming to “mystically/mysteriously/magically” get every job they can indexed.

Will these activities make job boards redundant overnight? Definitely not.

Are they catalyst for job boards (specifically large generalist job boards) to evolve or to become less dominant in the online recruitment space (in say 5 – 10 years)? Yes.

@Necati – I agree job boards should value themselves on the other services they offer. But from a UK perspective (which is a slightly unique market, as people are more reluctant to contribute their details to CV databases), 85% of the activity carried out on job boards is searching for jobs. Job boards are much less of a place to find passive candidates. (And, of course, there is a real problem with the security risks of resume databases that everyone is getting so excited about).

Jobboardguy – thanks for the loan of the soapbox :-)
Barry Lawrence Comment by Barry Lawrence on December 6, 2007 at 11:04am
Jobfox surveyed more than 250 recruiters and HR managers to explore their satisfaction with the traditional job board. Most -- 79 percent -- say they are only somewhat satisfied, 19 percent were not satisfied at all and only 2.2 percent were very satisfied.

In addition, 69 percent say that 90 percent of the resumes that they "review" from traditional job boards are not good enough to pursue further.

We can do better.

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