Have you ever stopped to consider how much money and time you’re spending (or wasting) advertising on job boards? We’ve highlighted how much it costs to post a job with three of the biggest players in the job board industry as well as what you get with an on-demand workforce. The results might shock you.
THE JOB BOARDS
Craigslist is a classified ads website. Started in 1995 as an events email list, the site now has over 80 million new advertisements each month. While it covers everything from furniture sales to rental properties, Craigslist is also a commonly used job board.
The Skinny: Unfortunately, Craigslist is known for its poor reputation based on false ads, scams and lack of regulation. Not only that, but because new postings are displayed first, within a couple of days your Craigslist job post is quickly buried.
The Cost: Craigslist is an inexpensive option, especially for small businesses. Craigslist charges anywhere from $10 to $75 per job for a 30-day posting, depending on the location.
The results: You end up with a high volume of unqualified applicants.
Monster is a popular job posting site founded in 1999. Monster allows users to post standard jobs for 30 or 60 days starting at $325 per ad.
The Skinny: Monster caps the number of resumes you can view between 50 and 150, depending on the plan you purchase. Also, Monster allows job searchers to hide their resumes from certain companies so you might not find the very best candidates.
The Cost: Plain and simple, job posts on Monster are fairly expensive for small businesses.
The results: You may end up spending a lot of money just to find out the applicants are not serious about the job or don’t fit in with your company culture.
Indeed is one of the most well-known job boards. The site compiles jobs from thousands of websites, including job board, staffing firms and company pages.
The Skinny: They have two plan models, free and sponsored. The sponsored plan allows employers to set daily budgets as low as $0.10 per day on their job posts in order to attract applicants. This sponsored version uses a pay per click (PPC) pricing model made famous by Google. With the sponsored pricing model, you’re guaranteed better visibility (and hopefully quicker results) because sponsored job postings appear at the top even as candidates scroll through the list of free postings.
The Cost: Indeed can be very expensive considering you pay per click, whether a candidate submits an application or not. If you choose the free plan, your open position may be buried in this massive job board.
The Results: The arguably more costly aspect is the time and effort you can potentially spend on Indeed. With a PPC posting, you need to monitor your ad’s performance. If you’re not getting the required results, you’ll need to fine-tune the ad until you do. For hiring managers short on time, this can be way more trouble than it’s worth.
GIGWORX ON-DEMAND WORKFORCE
On-Demand Workforce solutions, like GigWorx, allows you to find immediate staffing at a fraction of the cost to posting on job boards (typically $3.00 - $4.00 per hour). Businesses get the right people at the right time, reducing labor overhead and streamlining operations. GigWorx connects businesses with workers and workers with opportunities, helping everyone to achieve their goals. Our pool of vetted, talented, local workers can help you at a moment’s notice, when your business needs them most.
Job boards help hiring managers and recruiters find applicants for open positions that they need filled, but they come at a premium, and often without the expected results. When comparing the cost and time to post on job boards vs. using an on-demand workforce solution, Using gig workers is the easiest way to save money on staffing needs while finding a top-notch performer for permanent hire.
At GigWorx, we believe in a “try it” before you “buy it” approach so that you don’t fall prey to hiring potential candidates who look good on paper, interview well, but let you down when it comes to performance. Hiring the wrong person, isn’t your fault. Interviews can be misleading. People can talk a good game. But if you’re like most hiring managers, you’d rather hire the best candidate, not the best interviewer. Bringing on hourly staff workers and on-demand staffing allows you to cull through the mismatches, so you find that “one in a million” who connects with your company, its culture, and meshes well with your other employees.