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They are also funny because they don't work... The number of positions filled through job boards has dropped by more than half in the last decade. Last year,
by Matt_Mickiewicz 13y ago
They are also funny because they don't work...
The number of positions filled through job boards has dropped by more than half in the last decade.
Last year, only 1.3 percent of hires came from Monster.com and 1.2 percent from CareerBuilder... yet Monster.com alone sucked up nearly $1 Billion in revenue from ad postings that are largely ineffective.
For more, see: http://www.pbs.org/newshour/businessdesk/2013/08/ask-the-headhunter-is-linkedin.html http://www.pbs.org/newshour/businessdesk/2013/08/ask-the-hea...
- spikels 13y agoThe News Hours article does not say "only 1.3% of hires came from Monster" but instead says: "Monster.com was reported by employers as the source of ALL hires only about 1.3 percent of the time." (emphasis added) So 1.3% of employers on Monster got 100% of hires there and 98.7% got less than 100% of hires, perhaps none, on Monster. If this statistic, from a survey by the way, means anything, it does not mean Monster was responsible 1.3% of US hiring. Ditto for the 1.2% at CareerBuilder. This is pretty typical of articles on News Hours's business blog - provocative and seemingly informative but generally poorly written and researched and often ideological. You will often know less after reading their articles, or more accurately, know more things that are wrong. Here's the actual survey from careerXroads that this was based on. I have no idea how reliable it is. http://www.careerxroads.com/news/SourcesOfHire2013.pdf http://www.careerxroads.com/news/SourcesOfHire2013.pdf