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The End Of Online Job Boards

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A few Things People Hate About Online Job Boards

 

Things are really getting out of control.


Anytime a recruiter, HR manager, or anyone else looking to fill a job position puts their job on to one of these "mega job boards" it's like spending $400 to be spammed half to death.


Tell me if this has ever happened to you:


You write up a stellar job ad designed only to attract highly qualified candidates.


You spend the $400 to post the ad and access the online resume database (if you're lucky), and nobody contacts you for 24-48 hours.


ALMOST WITHOUT FAIL the first email (or worse... phone call) you receive is from another job board promising BETTER TARGETED candidates for LESS MONEY!


Then, the resumes start coming in, and NONE of them meet your standards... like, can people not read?!


You've clocked over 20 hours spent on JUST getting resumes after weeding through spam, telemarketers, and poor resumes before FINALLY you find someone who MAY be qualified.


Sound familiar?


Listen, the more SuperBowl ads these guys put out, the more recruiters will have to weed through just to get face time with a small handful of decent candidates.


That means more money will have to be spent on staffing which can really hurt a company's bottom line.


And that's just the beginning of our problems....

Identity Theft On Job Boards 

Scaring away more qualified candidates...

This has been a problem for years.

With online job boards boasting about how many jobseekers they have in their system, scammers are attracted like magnets to access this information and steal people's identities by the thousands.


As more people become aware and concerned with the safety of their information, they are beginning to abandon job boards, or leave so much information out of their resumes and profiles, that it becomes a major struggle for recruiters to inittiate contact with these candidate, making the expensive task of hiring EVEN MORE EXPENSIVE!


Think I'm exaggerating? Here are a few stories, from 2003 to 2008, about cases where identity theft has affected hundreds of thousands of unsuspecting jobseekers:


http://www.msnbc.msn.com/id/3078533/


http://idtheftsecrets.blogspot.com/2007/08/monster-identity-theft-impacts-16.html


http://www.cnn.com/2003/TECH/internet/02/28/monster.theft.ap/index.html




The solution comes from decentralizing your recruiting system and accessing resumes directly from the best candidates in other places beyond online job boards.


That's what companies like StaffLeads are doing. We find the jobseeker in their own online sectors where the trust level is higher and more secure.


 


I'll talk more about how we do that in the next squidoo.

Cost Of Job Boards Keeps Going Up! 

No wonder VCs keep throwing money at new job boards...

It's not out of the ordinary for a staffing agency to spend $10,000 or more per month on job advertising alone.


With Job boards eating up over $100 per post....


THAT GETS EXPENSIVE!


What do you think that does to the salary of jobs with a higher turnover rate?


:-(


You guessed it, it lowers the salary because the cost to acquire the employee is so high, which could possibly (I'm not pointing any fingers...) contribute to the turnover percentage.


So, when you look at the primary function of the job boards, you see that the only value they add to your company is providing resumes.


Let's do some math:


Job Posting: $100

Resumes Per Ad: 30

Qualified Resumes Per 100: 5


Cost for 1 Qualified resume: $60


As you can see, the more staffing you do, the less you can pay the employees, because job boards are sucking up a huge part of your budget.


But, at the rate of $60 per resume, these job boards are killing it, and will keep doing so, until we start looking at ways to recruit without using them!


No More Job Boards 

StaffLeads Says N-O To Online Job Boards... You Can Too!

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Want To Chime In? 

If you feel the way I do, let's hear your story.

The more recruiters and jobseekers work together, the eaier it will be to fill jobs... Leave some feedback!

dtbs

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Posted June 18, 2008

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