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The Fordyce Letter

Straight Talk for the Recruiting Profession


Articles tagged 'jobboards'

Ask Barb

Why Would A Client Pay You To Source From A Job Board?



Ask Barb

Dear Barb:

I just lost a major account because they said we provide them with the same candidates their internal recruiters find on the job boards. We have had great luck surfacing qualified candidates off job boards, I’m now wondering if the job boards are going to replace us? 

Charles S.

Syracuse, NY

Dear Charles:

To not be replaced by job boards, it is important you change the way you are attracting top talent. Clients expect us to recruit passive candidates who are working, although, they would consider a new job if the opportunity represented their next career move. You can use job boards to lead you to these candidates, or you can complete daily networking and recruiting calls.

Industry News, Staffing

Dice Financials: Staffing Firms ‘Very Active’ In Q1



Dice Holdings logo

Direct tech hiring may be a little soft today, but staffing firms are powering the recruiting market, looking to fill orders for temp and project workers that employers need, but are hesitant to bring on permanently.

“Staffing firms in the technology space are definitely very active today,” said Scot Melland, chairman, CEO and president of Dice Holdings, “and they’re seeing their businesses do pretty well.”

Speaking to financial analysts during a Q1 conference call this morning, Melland said, “Companies are still leaning towards outsourcing talents to contractors, as well as staffing firms, rather than hiring full time.”

Industry News, Social Media, Technology

LinkedIn Adds A Recommendation Feature



Previous look
New LinkedIn Recruiter

New LinkedIn Recruiter

Sporting a new look and with some new features — including a recommendation engine that ‘learns’ the kind of people a recruiter most want — LinkedIn Recruiter is getting an official relaunch this morning.

The redesign itself is an updating the classic LinkedIn Recruiter look to make it more consistent with the LinkedIn homepage redesign that was introduced last fall.

Parker Barril, Linkedin’s Talent Solutions head of product, unveiled the fresh, new LinkedIn Recruiter at a live and webcast user event — ConnectIn – in San Francisco. As he put it, “the consumerization of the enterprise,” the trend toward making products and services easier to use, “is influencing a new generation of products.”

Industry News, Staffing

Q2 Forecast: Hiring Slows; Temping Not Much Affected



CareerBuilder

CareerBuilderHiring is slowing from last year, and the trend is predicted to continue at least through the rest of the first half of the year. But temp hiring won’t be much affected, says a new report from CareerBuilder.

The job board’s quarterly employment forecast says the U.S. should expect somewhat slower permanent, full-time hiring through the end of June than it saw for the same period last year. That comes on the heels of a first quarter that was slightly better than what CareerBuilder’s survey foresaw three months ago, but which was still down from 2012.

Of the more than 2,000 hiring managers and human resource professionals distributed across industries and company sizes polled for the report, 26% said they expect an increase in their full-time, permanent headcount this quarter. Last year, CareerBuilder reported 30% foresaw a Q2 increase, and later, found 34% actually did add staff.

Industry News

Source of Hire Survey: Employers Up Their Use of Outside Agencies



2012 Source of hire CareerXroads

2012 Source of hire CareerXroadsWith the worst of the recession behind, employers are again turning to outside recruiters for help filling their more challenging positions.

In the annual Source of Hire study from recruiting consultancy CareerXroads, three dozen of the largest U.S. employers report an upswing in their use of retained and contingent recruiters. The 3.1% of the jobs they filled in 2012 through agencies is still a shadow of the 5.2% they filled that way in 2005, but it does represent an improvement from 2009. That year employers filled only 2.3% of jobs via external recruiters.

Industry News

Indeed Is Tops In U.S. Job Search Traffic



job board traffic Jan 2013

job board traffic Jan 2013What’s the most trafficked site by Americans searching for a job? Turns out it’s Indeed.

Last month, says comScore, the web traffic measurement company, 17.3 million different visitors from the U.S. clicked into Indeed to look for a job. That translates into a 29% increase over December’s job search count.

Overall, January saw a 24% increase in the job search category, ranking comScore’s broader Career Services category among the fastest growing of all website groupings.

Industry News

Job Boards, Referrals Lead As Hiring Sources; Agencies Yield Strong Hire Ratio



Silkroad Top 10 Online sources 2013

Silkroad sourcing effectiveness chart 2013Update: SilkRoad says there are errors in the report it published Thursday on which the post below is based. The most significant appears to be charts on pages 8, 11, and 15 and in the infographic on the SilkRoad blog showing some sources produced more hires than they did interviews. A company spokesman said in an email: “The issue concerning the numbers on Craigslist was an error and has been changed.  In regards to the information on page 15, that chart only represents the percentage of interviews and hires as a percentage of all external sources and does not take into account internal or offline sources.” Additionally, “There were no sources in our findings with a larger number of hires over interviews.  The issue with the image on page 11 is with the chart and Craigslist.”Note that as of this update, it does not appear the updates to the charts have been made.

Referrals and the company career site are the two leading sources for new workers hired by the 1,054 companies participating in SilkRoad’s just released study of recruitment marketing effectiveness.

Between them, they produced 40% of the more than 150,000 hires the companies made in 2012.

This is the second year the HR software provider has compiled ATS data from its customers to report on their source of hire. This year, the company included interviews as a measure of effectiveness.

The data set came from companies as small as 100 employees and some larger than 10,000; 60% had under 2,000 employees, 30% fall between 2,000 and 10,000, and the remaining 10% are larger. A company spokesman said the employers represent “the entire scale. We have lots of technology, healthcare, higher education and several other strong verticals.”

Industry News

LinkedIn Plans to Raise Recruiter Rates; Financial Report Beats Wall Street



recruitment revenue full year 2012

LinkedIn Revenue by product 2012LinkedIn didn’t so much beat Wall Street’s financial expectations, it shattered them.

The company earned 35 cents per share on revenue of $303.6 million. That was $24 million more than the average of analysts’ estimates and more than $11 million above the most optimistic projection. The average of their earnings estimates was 19 cents a share.

The numbers released this afternoon show LinkedIn brought in more total revenue for the year than did Monster and its 4th quarter recruitment revenue alone was 90% above the same quarter in 2011.

LinkedIn said it expected to see between $305 million and $310 million in revenue for the current quarter and between $1.41 and $1.44 billion for the year.

Industry News

New Tool From CareerBuilder Lets You Know How Your Ads Compare



CB res ther 1

CB res ther 1Quick quiz: Your job postings for respiratory therapists average only two applications each. Is that good or bad?

If you answer is along the lines of “Seems low” or “I don’t know,” CareerBuilder has a solution for you. Any client with a  job posting can now see how well their ad performs against every other similar ad in the CareerBuilder network. Free.

That alone is pretty cool, since knowing your ads for respiratory therapists draw fewer applications than your competitors get is important business intelligence. But as the cliche goes, “Wait, there’s more!” Besides the raw counts, CareerBuilder’s new Recruitment Performance Portal tells you at a glance how experienced those who apply are, how educated, ethnicity, gender, and a fairly broad range of other details.And the portal provides you comparisons to the applicants others — your competitors — are getting.

Industry News

Dice Recruiters Get New Candidate Profiling Tool



Dice_OpenWeb_Logo

IT career site Dice.com is unveiling a new talent aggregation search tool it calls Open Web.

Similar to TalentBin, Dice’s new service pulls together bits and bytes of information about candidates,  summarizing the individual’s experience, skills, and interests in an easily scanned profile. Open Web searches the accessible parts of some 50 social and professional networks — including such tech hangouts as GitHub and Stack Overflow — and the open Web, indexing a candidate’s contributions and postings to build the profile. A series of icons tells searchers where the information was found; a mouse click takes you to the source.

The goal of Open Web, explained Chairman, President and CEO Scot Melland, is to to give Dice recruiters “as complete as possible a picture of the candidate in the geography they are searching.”

Provided for now to Dice recruiting customers at no charge, Open Web is searchable in multiple ways. Besides a typical Google-type search, you can put together a profile by name. That’s particularly useful if you have a candidate in mind who may not have an updated resume.

Melland will officially announce Open Web Wednesday morning, during the quarterly financial call with investors and analysts. Dice Holdings, Inc., which owns Dice.com, eFinancialCareers, is expected by analyst consensus to report earning 14 cents a share on revenue of $51.4 million for the 4th quarter of 2012.