Funny thing happened last week. Glassdoor sent me one of those email surveys that companies send out. You know the ones – please fill this out, it only takes 5 minutes and if you do we’ll send $5 to cure dyslexia of Whales in the Eastern Arctic. Of course I support Whale dyslexia so I did it. Here is the first screen shot that came up:
Yep! You caught it – LinkedIN everyone’s favorite job board 2.0 made the list. I can honestly say, this is the first time I’ve ever seen LinkedIN (LI) described by another vendor as a Job Board. I think that is telling to how LI’s competition are positioning themselves to go after some of that LI cash!
Beyond LI, CareerBuilder and Monster both have been working hard to shed the old Job Board tag as well. No one wants to be known as a Job Board any longer. Although, job boards still have a very valuable spot within the industry.
John Sumser, wrote a piece over at HR Examiner last week that describes this evolution brilliantly:
“The future of job boards is in competition with its customers some of the time. This isn’t really new, but we’ve forgotten that the core business model is a market of competing self-interests. While it is delightful to imagine a world where all candidates know about all jobs and vice versa, the reality is more mundane.
If you are a big brand (and there are 3,000 or 4,000 of those), the existing value of the company’s market awareness covers the cost of candidate acquisition. If, on the other hand, you are one of the several million brands no one has ever heard of, you have a different problem.
That’s where job boards come in. Companies that are expert in acquiring and aggregating audiences (not data) can help employers find workers. It turns out that this is an extremely valuable communications channel.
Where big brands are becoming their own distribution channels, little brands need help reaching the people they need. Job boards are less useful in the big enterprise game and way more useful everywhere else.”
One telling miss from the list? What about Indeed? Aren’t they the biggest job board of them all? Also, is The Ladders still in business? I haven’t heard form them in 2-3 years!