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Monday, August 31, 2009
Some recent searches....
Tuesday, August 11, 2009
Job advertisement index
There has been a lot of talk recently about the job advertisement index. This index is being used by many to cement claims that the job market is starting to recover.
Sure, there is no doubt that there are jobs out there, but how useful or meaningful is the job advertisement index?
The index is made up of the number of jobs advertised on each of Australia’s three leading employment websites – sounds pretty straight forward, but is it?
The number of jobs advertised is not actually a correct or direct representation of the job market. In fact it could be argued that this index is completely meaningless!
Take the following scenario:
A company is looking for 1 new staff member. Firstly there is no way to tell if this is a newly created role or a replacement, but we’ll leave that for now.
So, the company may advertise the role on 1 or 2 of the websites. Having not had much success the company engages 3 recruitment companies to help in the search. Each agency places adverts for the same role on the 3 jobsites that feed the index.
Already we have somewhere in the region of 10 or 11 adverts for the same single job!
Now add this into the mix. Most recruitment agencies buy job ads in bulk from the major job sites. They work on a monthly subscription and in most cases if the jobs are not used up by the end of the month they are lost. This means that in times such as now, agencies may post multiple adverts for the same role. They may place jobs in different categories or re-word the adverts slightly to appeal to a different market.
This very simple example shows that the job advertisement index is, in fact, pretty meaningless.
Sure, there is no doubt that there are jobs out there, but how useful or meaningful is the job advertisement index?
The index is made up of the number of jobs advertised on each of Australia’s three leading employment websites – sounds pretty straight forward, but is it?
The number of jobs advertised is not actually a correct or direct representation of the job market. In fact it could be argued that this index is completely meaningless!
Take the following scenario:
A company is looking for 1 new staff member. Firstly there is no way to tell if this is a newly created role or a replacement, but we’ll leave that for now.
So, the company may advertise the role on 1 or 2 of the websites. Having not had much success the company engages 3 recruitment companies to help in the search. Each agency places adverts for the same role on the 3 jobsites that feed the index.
Already we have somewhere in the region of 10 or 11 adverts for the same single job!
Now add this into the mix. Most recruitment agencies buy job ads in bulk from the major job sites. They work on a monthly subscription and in most cases if the jobs are not used up by the end of the month they are lost. This means that in times such as now, agencies may post multiple adverts for the same role. They may place jobs in different categories or re-word the adverts slightly to appeal to a different market.
This very simple example shows that the job advertisement index is, in fact, pretty meaningless.
Monday, August 10, 2009
R2 - Employer functions
R2 of BeFound.com.au - Live.
Employers can now register, search and browse the candidate repository - FOR FREE!
Candidate stats are also live. Candidates can now see how many times their profile has been viewed.
More marketing hitting activity this week - hoping for another 2000 or so registrations by the end of next week.
Employers can now register, search and browse the candidate repository - FOR FREE!
Candidate stats are also live. Candidates can now see how many times their profile has been viewed.
More marketing hitting activity this week - hoping for another 2000 or so registrations by the end of next week.
Tuesday, August 4, 2009
R2 will be live by the end of the week
BeFound Release 2 - Employer functions will be live by the end of the week.
Release 2 includes:
Release 2 includes:
- Employer registration
- Search & Browse candidate repository
- Full profile request
- Candidate Mail alerts - allows Employers stay up to date with new candidates as they register
- Candidate statistics - allows candidates to see how many times their profile has been viewed
Keep your eyes peels for R2 go live!
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