New sourcing tools and networks are popping up weekly, all touting that they will get you the most, and most qualified applicants for your position. Many of them are fantastic tools that do what they promise. Yet, as early as we are in the Information Age, many speculative recruiters and HR managers are heralding that the job board is dead.
The CATS facts are that 3 major job boards account for nearly 10% of over three million candidates that entered CATS on the year to date.
We asked our lead developer, Brian, to run a few queries for us to see exactly what our customers’ top sources for applicants are. There are nearly 100 ways to enter a candidate into CATS, but we’re going to focus on how many first time applicants came through our customers’ career portals via 3 major job boards/aggregators.
This graph shows Indeed.com delivering 75% of the near 300,000 applicants from these three sources. CareerBuilder and SimplyHired combined are still delivering an average of 4,600 resumes each month, excluding email. We’ve barely started Q4 and it’s looking good for job boards. However, quantity does not guarantee quality. Murphy said that the more you have, the better your odds, but Murphy wasn’t hiring people in the 21st century.
Next, for all the “doubting Thomas’s,” the second chart shows exactly how many of those applicants from above, actually made it through.
The numbers shown in these two graphs reflect only candidates that applied through a CATS Career Portal directly from Indeed, CareerBuilder and SimplyHired between January 1, 2011 – September 8, 2011, and how many of them were qualified or hired.
Indeed.com is a talent distribution factory and free posting is still an option for many. CareerBuilder may not pull the same numbers, but they deliver the highest percentage of qualified applicants: pay you may, but it won’t be in vain. SimplyHired consistently stocks our customers’ talent pipelines with thousands of quality individuals and holds its place as a leading talent source.
As a CATS user, how do your personal numbers compare? For non-CATS users, what are the top sources with your ATS?