Hiring in a hurry
The cost of hiring entails more than just the person’s hourly rate. These costs start to incur before before the employee works his/her first hour and may continue on even after the employment is over.
When you are hiring in a hurry and in volume, these costs and risks get magnified. This is an area where contingent staffing could provide a cost-effective solution.
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Job boards facing extinction?
When Monster announced last month that it was laying off 800 employees I wasn’t really shocked. Watching how job boards haven’t really evolved much to adapt to the changes brought upon by Web2.0, it was just a matter of time before we started hearing news of the sort.
Since that info is about a month old now I won’t dwell on it and maybe put in my two cents on why it wasn’t a shock.
I’ll cut to the bottom line. Pricing. How much can you really charge to access a database of resumes and the ability to post jobs? In 1999, it was definitely worth the hundreds and thousands of dollars annual spend, but in the Web2.0 era where you could search LinkedIn and Facebook and people search engines such as Spock, the pricing doesn’t seem so reasonable anymore. And less so in a market short of candidates and recruiters are having to seek out passive job seekers (”I’m employed but tell me what you’ve got…”).
And no, passive job seekers normally don’t post their resumes on job boards because they know their employers most likely has access to those job sites and it would be the kiss of death to be employed and have your resume found there (unless you informed everyone that you were looking). Oh. And not to mention recent incidents of job seekers’ info getting compromised. See here.
Now I’m not saying that people who post their stuff on Monster or Careerbuilder aren’t good. There are still great candidates to be found on those sites. I’m just saying that access to those resumes aren’t worth the thousands of dollars in subscription fees. Not anymore.
Ok fine they let you post your jobs too. But then again. With your target audiences probably looking elsewhere (blogs, anyone?), again, it’s probably not worth the current prices. Especially with new options like Simply Hired that would let you post jobs on blogs, I think the conventional job boards will have to evolve and adopt to the new trends. And when I say “evolve,” this (and raising their fees) is not what I had in mind.
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About This Blog
Lisa Amorao is currently the Marketing Programs Manager for ATR International, a Silicon Valley-based contingent staffing firm.
Lisa has held roles in recruiting and sales before moving on to her current role in Marketing.
The opinions expressed here are her personal opinions and does not reflect those of her employer or any of its clients.
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