That Job Board Thing

On November 28, 2011, in HR Technology, HR Trends, HRExaminer, by John Sumser

That Job Board Thing by John Sumser on HR Examiner
If you’ve been listening, the swarm of industry newcomers are busy proclaiming the death of the job board. The idea is that social technology is going to quickly replace twenty year old job board technology in the same way that the web replaced print ads. “Any moment now”, the breathy evangelistas shout, “the future will be thrust upon you. You’d better get on board.”

You can excuse a vendor like JobVite for exaggerating the importance of social media. Their services depend on social technologies for velocity. You’d expect their materials to underline the case for their products. After all, that’s what marketing folks do.

It’s another thing entirely when conservative analysts start repeating the hype. Recent analysts report echo the JobVite story that social media is growing in ways that threaten the existence of job boards. Jobvite claims that 16% of all recent job hunters used social media to find a job. The Bersin number is 10%.

In both cases, this marginal usage is described is dramatic.

Today, LinkedIn is nearly 10 years old. Facebook is almost 8. Twitter is 5. By the time that the web was 10 years old, every single one of the fortune 2500 had had an employment site for at least 10 years.

The social web is growing very, very slowly as a replacement for the existing infrastructure (compared to the rise of the web). At this rate, the replacements for the current top 3 social sites will be the ultimate winners. (Yes, Facebook, LinkedIn and Twitter are today’s Prodigy, Compuserve and AOL.)

And, this is not going to be solved with referrals.

So while the conventional wisdom is that job boards have a short life expectancy, let me refer you to two interesting examples:

  • The Behance Job BoardBehance is a 21st century company that specializes in helping creative people accomplish stuff. They make to do list notebooks and software. Focused on accomplishment, they are becoming a current day version of Nightingale-Conant with an emphasis on grassroots inspiration and peer to peer motivation. The job board is a supplemental revenue source for like minded people. (Nightingale-Conant would also be a great place for a job board)
  • MediaBistroA prototype for virtual community, MediaBistro serves the New York publishing industry with education, networking, advice and job listings. The job board is central to both revenue and community development

In each of these cases, job boards (like classified ads of old) are significant revenue sources for operations with existing audiences. One can easily imagine that this approach will continue to grow and support any organization or individual with an interesting group of followers.

The other arena in which job boards have reasons to believe in near immortality are the places that concentrate job listings into a single location.

Most employers (over 98%) have fewer that 500 employees. Their ability to reach beyond the rigid confines of their networks is non-existent. They have to have broader access to the labor market than referrals and networking can provide. Job boards are perfect tools for this group.

 
  • http://twitter.com/chrisrussell Chris Russell

    Right on John! As long as job descriptions exist there will need to be a place top post them. Niche and local sites like the ones you describe above will ALWAYS exist. Social is merely another tool in the toolbox for recruiters. For many small businesses, job boards are their “go to” recruiting tool.

  • http://twitter.com/tsummit Tom Summit

    Good examples.  In general I don’t think that either job search or recruiting is a social activity.     It is best done in private and mostly under the radar.  Recruiting is certainly a one on one activity and highly personal.

    Thanks for the reality check.    let’s predict the death of the “death of” blog titles.

  • http://www.hrexaminer.com John Sumser

    Good one.

    [image: DISQUS]

  • Marie

    Agree, it is building (social media as part of the recruitment toolbox) But nothing will ever replace the old fashioned eyeball method to see if the person is genuine and that a fit with the company culture will happen

  • http://twitter.com/JobBoardDoctor Jeff Dickey-Chasins

    I would love to predict the ‘death’ of ‘the job boards are dying’ meme. But I don’t think I’ll live that long!

  • http://www.hrexaminer.com John Sumser

    If they’re dying, they’ll need more doctors.

  • Anonymous

    Great article and great analysis, John. I see a lot of parallels between this article and your brilliant presentation at The Recruiting Conference a/k/a OnRec a month ago in Chicago.

    I do need to question one of your statements, however. You wrote, “By the time that the web was 10 years old, every single one of the
    fortune 2500 had had an employment site for at least 10 years.” Really? Maybe you’re exaggerating to help drive your point home but our job board, CollegeRecruiter.com, launched in 1996 and I distinctly remember being frustrated by how few of the Fortune 500 companies had web sites and even the ones that did often had little to nothing on their sites about their career opportunities. I do think that by 1998 that virtually all of the 500 had web sites and probably 350 of them had career sections but I bet that not all of the Fortune 2,500 had career sections to their web sites until 2002 or 2003.

  • http://www.hrexaminer.com John Sumser

    In 2002, the web was eight years old. The last of the Fortune 500 employment websites came online in 2000.

  • Anonymous

    Depending upon how you define “the web,” you’re right. No doubt the Internet became commercialized starting around 1994 and became a household word shortly after that when Netscape went public with a huge valuation. Regardless, my point is that not all of the Fortune 2,500 companies had web sites until the early 2000′s. Your article seemed to indicate they all had career sections within their web sites in the early 1990′s. I really don’t think that was the case.

    Let’s not quibble about that one minor issue. I really loved the article as it did a great job of distinguishing between the organizations who are most likely to move resources away from job boards and, in a small number of cases, stop using job boards versus the vast majority of organizations who are most likely to continue to use job boards for a long, long time.

  • http://twitter.com/EmploymentPipe Employment Pipeline

    Great article John!  We’ll pass this along to our followers… @EmploymentPipe
    EmploymentPipeline.com

  • http://www.ayeright.com/ Stephen O’Donnell

    Job boards are evolving, not dying.  There is a difference.

  • 789786

    No so sure John….Job Boards did not innovate much and in essence are still “good old” Ad serving model. Sourcing and reaching audience is getting easier and easier and dynamics of how job seeker and employer interact is changing. The Ad model is broken (there is no communication) and as such job boards are going to evolve or slowly get marginalised and irrelevant.

  • http://www.hrexaminer.com John Sumser

    I know it seems that way and it’s possible that big cos or those recruiting operations that serve organizations with more than 500 people will start to evolve. Most of us, however (85%) work in little companies. It’s less important that job boards innovate there. It’s more important that they work.

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  • http://twitter.com/jobcastnet Jobcast

    Really great post. We also think niche and local Job Boards are still very relevant and the examples you used are stellar examples of this.

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