The International Association of Employment Web Sites, which represents 850
job boards worldwide, wants to make sure its members get the credit they deserve
for locating job applicants.
The trade association considers the issue of not receiving proper recognition
for the candidates they funnel to recruiters to be one of the most serious
challenges currently facing the job board industry. The organization, which has
100 managing members representing 850 job boards worldwide, has assembled a task
force to address this issue.
The problem for many job boards stems from applicant tracking systems that
don't adequately trace job applicants to the original point where they
discovered a vacancy, says Peter Weddle, executive director for the trade
association. Being overlooked as an original point of hire can have serious
bottom-line repercussions for job boards because companies use applicant
tracking metrics to decide where they will spend their advertising money.
Ultimately, the industry would like for ATS providers to install "tracking
tokens" in all of their software platforms, says Douglas Geinzer, president of
online job board Recruiting Nevada and chair of the task force. Tracking tokens
are software tags similar to Web browser cookies that can trace the activity of
an Internet user and could be used to determine the original point of contract
for a job applicant. Since this mechanism is automated, the margin of error
would drop to zero percent, Geinzer explains.
The task force's first goal is agreeing on a standard protocol for exchanging
information between the job board industry and ATS providers.
"There are hundreds of ways of that one could do this," Geinzer says. "We
have to set a standard so that there is no confusion and everybody is on the
same page."
The 12-member task force has set January 1 as the deadline for which to agree
upon a standard.
Under the current system, job seekers are responsible for identifying the
original source of hire manually, using drop-down boxes when they apply for a
vacancy on the Internet. According to Geinzer, this method can create faulty
results because applicants can make mistakes for a variety of reasons, including
confusion with the drop-down box or not being able to recall exactly the initial
place where they discovered a job lead.
He points to a recent report conducted by job board peer AllRetailJobs.com
that concluded using drop-down boxes to identify a source of hire could yield
error margins of up to 83 percent. The study measured 60,000 applicants applying
to AllRetailJobs.com using drop-down boxes.
"The results are alarming. Nearly five out of six candidates simply got it
wrong," says Don Firth, president and CEO of AllRetailJobs.com.
Kevin Wheeler, president of Global Learning Resources, says some of the
clients in his consulting practice have received flawed data from ATS providers.
This can be hazardous because misleading information could cause them to
inadvertently make unwise decisions about where to advertise.
"There is a definite problem that needs to be addressed," he says.
The task force will rally support from members of the trade association by
raising awareness, through newsletters, the organization's Web site and other
forms of communication. Education will be a big component of these efforts,
Geinzer says. Eventually, the task force will prompt its members to reach out to
their clients—companies that use job boards to recruit candidates—so that they
too can understand the dynamics at work and ultimately require ATS providers to
enhance their software platforms.
Getting companies to put the pressure on ATS providers will be a key
objective in making tracking tokens ubiquitous. The organization plans to craft
prewritten letters that job boards can submit to their recruiting clients and
that they in turn can send to the ATS providers.
"It is not just job boards that are negatively affected," Geinzer says.
"Companies are also getting information that is not 100 percent accurate."
ATS systems play a critical goal in assessing return on investing. But unless
job boards can prove they deliver a big bang for the buck, business growth could
be stifled, Geinzer explains.
In terms of cost-effectiveness, job
boards have a clear edge versus newspapers, saving recruiters 20 percent to 25
percent, according to Geinzer. Newspapers can charge $300 to $1,400 for a job
advertisement, depending on the size. By contrast, online boards charge an
average of $300 for unlimited space.
The task at hand now is for job boards to demonstrate the volume of hires
that they bring to the table, Geinzer says. He estimates that 51 percent of
hires come from job boards. Being able to give an accurate breakdown of which
sites funnel in candidates will give recruiters a better idea of their return on
investment.
Small job boards that don't have a strong brand awareness are the biggest
losers in this game. Candidates are more likely to identify a big job board like
Monster as an original source of hire because that brand comes to mind more
easily than less-well-known sites do.
Nevertheless, job boards are uniting in this cause because lack of proper
identification fogs metrics and ultimately affects everybody, Geinzer
explains.
"We are in this together," he says.
—Gina Ruiz