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Job search engine

A job search engine is a website that facilitates job hunting. These sites are more commonly known as job boards[1] and range from large scale generalist boards to niche job boards for categories such as engineering, legal, insurance, social work, teaching and seasonal jobs. Users can typically deposit their résumés and submit them to potential employers, while employers can post job ads and search for potential employees. The category job search engines below is a list of specific search engines with details about them.




Trends

A more recent trend in job search engines is the emergence of vertical search or metasearch engines, which allows job-seekers to search across multiple websites. Some of these new search engines primarily index traditional job boards. These sites aim to provide a "one-stop shop" for job-seekers who don't need to search the underlying job boards.

Tensions have recently developed between the job boards and several scraper sites, with Craigslist recently banning scrapers from its job classifieds and Monster.com specifically banning scrapers through its recent adoption of a robots exclusion standard on all its pages while others have embraced them. Other job search engines index pages only from employers' websites, choosing to bypass traditional job boards entirely.

These vertical search engines allow job-seekers to find new positions that may not be advertised on the traditional job boards. There is a close relationship between these search engines and the emergence of XML based standards in the recruitment industry.



Employer review websites are also used for job searches. They enable job seekers to find and read reviews about experiences of working for a company or an organization. Although employer review websites may produce links to potential employers, they do not themselves list vacancies. Venture capital and mergers and acquisitions have been active in the job board industry for more than a decade. Several private equity firms are currently in the process of piecing together large job board networks and other firms are simply expanding through acquisition.
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A developing trend with both jobs search engines and jobs boards is that many now encourage users to post their CV and contact details. While this is attractive for the site operators (who sell access to the resume bank to headhunters and recruiters), job-seekers should exercise caution in uploading personal information, since they have no control over where their resume will eventually be seen. Their resume may be viewed by a current employer or, worse, by fraudsters who may use information from it to perpetrate identity theft.
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The success of jobs search engines in bridging the gap between job seekers and employers have spawned thousands of other job sites, many of which list job opportunities in a specific sector, such as education, health care, hospital management, academics and even in the non-governmental sector. There are reportedly more than 40,000 employment websites in existence today, the largest of which are represented by The International Association of Employment Web Sites, a trade association for the global online employment services industry. Smaller job boards tend to focus on a particular industry or geographic region..



Employment website

An employment website is a web site dealing specifically with employment or careers. Many employment websites are designed to allow employers to post job requirements for a position to be filled and are commonly known as job boards. Other employment sites offer employer reviews, career and job-search advice describe different job descriptions or employers. Through a job website a prospective employee can locate and fill out a job application or submit resumes over the Internet for the advertised position.

It is reported that over 40,000 employment sites are in existence, the largest of which are represented by The International Association of Employment Web Sites, a trade association for the global online employment services industry.


History

The Online Career Center launched in 1993 as a non-profit organization backed by forty major corporations as a system for job hunters to store their resumes within the databases as well as for recruiters to post job openings to the databases.

The market for online classifieds quickly grew. In 1994 Robert J. McGovern began NetStart Inc. as software sold to companies for listing job openings on their Web sites and manage the incoming e-mails those listings generated. After an influx of two million dollars in investment capital he then transported this software to its own web address, at first listing the job openings from the companies who utilized the software. NetStart Inc. changed its name in 1998 to operate under the name of their software, CareerBuilder. The newly christened company received a further influx of seven million dollars from investment firms such as New Enterprise Associates to expand their operations.

Six major newspapers joined forces in 1995 to list their classified sections online. The service was called CareerPath.com and featured help-wanted listings from the Los Angeles Times, the Boston Globe, Chicago Tribune, the New York Times, San Jose Mercury News and the Washington Post.

The industry's first attempt to reach broader, less tech-savvy base occurred in 1998 when Hotjobs.com attempted to place a Super Bowl spot, but Fox rejected the ad for being in poor taste. The ad featured a janitor at a zoo sweeping out the Elephant cage completely unbeknownst to the animal. The elephant sits down briefly and when it stands back up, the janitor has disappeared. The ad meant to illustrate a need for those stuck in jobs they hate, and offer a solution through their Web site. Hotjobs.com promplty fired the advertising agency who created the ad.



Employment websites were finally launched into the mainstream consciousness when Monster.com gambled on a 1999 Super Bowl ad. CEO Jeff Taylor authorized three 30 second spots for a total of four million dollars. The ad which featured children speaking like adults, drolly intoning their dream of working at various dead-end jobs to humorous effect were far more popular than rival Hotjobs.com ad about a security guard who transitions from a low paying security job to the same job at a fancier building. Monster.com was elevated to the top spot of online employment sites. Hotjobs.com's ad wasn't as successful, but it gave the company enough of a boost for its IPO in August.

In the year 2000 the landscape of online job boards began to change rapidly. After being purchased in a joint venture by Knight Ridder and Tribune Company in July, CareerBuilder absorbed competitor boards CareerPath.com and then Headhunter.net which had already acquired CareerMosaic. Even with these aggressive mergers CareerBuilder still trailed behind the number one employment site Jobsonline.com, number two Monster.com and number three Hotjobs.com.

Monster.com made a move in 2001 to purchase Hotjobs.com for $374 million in stock, but were unsuccessful due to Yahoo's unsolicited cash and stock bid of $430 million late in the year. Yahoo had previously announced plans to enter the job board business, but decided to jump start that venture by purchasing the established brand. By August of 2002, Monster.com posted a loss of $504 million forcing COO James Treacy to resign.



Revenue Streams

Employment websites earn their revenue through a variety of means including charges for job posts, database access, advertising and sales lead generation.

Job Posting

Initially, employment websites charged $50 for an employer to post an opening, a price comparable to placing the same ad in a newspaper. The difference was that there was anywhere from several days to two weeks lead time to get an ad posted, whereas employment sites were much more immediate and offered overnight results.

The current pricing structure varies per site, but generally the price of a job posting is based on the number of job categories it’s listed in, and then the number of regions for which it’s available.




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