Comments on: Swanson: Value of Big Boards Waning

By: Jobg8 Creates Candidate Trading Market For Job Boards : ERE.net

Jobg8 Creates Candidate Trading Market For Job Boards : ERE.net — Thu, 04 Dec 2008 21:21:16 +0000

[...] then a financial analyst with ThinkPanmure and now head of investor relations for Taleo, to write: “We believe that companies are beginning to realize that the value proposition of the large, [...]

By: Andy Newport

Andy Newport — Tue, 14 Oct 2008 13:30:59 +0000

Todd,
You have hit the nail on the head with desciption of Job Boards as a major source of resume spam. We have tracked the job board response/placement ratio of a number of our recruitment company clients over the past 12 quarters and it is a downward slope which has acclerated in recent quarters. It is clear that is being driven by many more reponses to job postings as more applicants scramble for less work by posting more responses. As a result our clients’ recruiters are wasting even more time trawling through job board responses – and it is like dealing with spam.
This coupled with Job Boards trying to push through increased rates (to protect their revenues) is pushing recruitment companies to carve back job board advertising and go to their their candidate database first.
And with due regard to John’s comments – this IS a general phenomenon and until Job Boards find a way of delivering relevant candidates with up-to-date resumes to the industry they are going to become progressively less important as a candidate source. Job Boards would love to give recruitemnt companies the placement metrics that justify the advertising spend. They can’t and the recruitment industry is rapidly waking up to the weakness of those metrics – whether it’s a generic or specialist Job Board

By: John Candor

John Candor — Tue, 29 Jul 2008 20:20:42 +0000

While I will not refute the author’s claims that some large boards are struggling, it should be pointed out that this is not the case across the industry. Companies who rely almost exclusively on their own traffic to yield EOI are dying (Monster), while companies who have partnered with the niche boards (CareerBuilder powers/partners with 1600 sites) and social networking sites (exclusive Facebook partner) that you mention are not only increasing their EOI numbers but are also bringing in the diverse and quality candidates that companies are looking for. As is true in almost any case, one should avoid sweeping generalizations, especially conclusions based on incomplete research.

By: Gerald Marshall

Gerald Marshall — Tue, 29 Jul 2008 13:18:56 +0000

I just read an article on the recruiters lounge about this. http://www.therecruiterslounge.com/2008/07/15/why-are-recruiters-abandoning-the-pay-to-post-model/

By: eric shannon

eric shannon — Mon, 28 Jul 2008 22:35:38 +0000

six months ago I thought that social networking was a bubble about to pop but starting to think it is more like an earthquake for the recruiting world, though it will still take years for a lot of really viable niche sites to emerge.