Every year or so, a new vendor comes along in an attempt to “revolutionize” job boards and siphon off some Monster dollars. Enterprises rush to sign up but then quickly abandon ship as those solution often over-promise and under-deliver. Most recently, Jobster was the vendor that claimed job boards are dead and social networks were the future for job search. To date, they, as well as many others vendors, have produced lackluster results in their quest to crush the job boards (interestingly Jobster’s original claim that Monster sucked because it was littered with garbage advertising has now followed suit).
Interestingly, based on our survey (membership required) with ERE earlier this year, job boards are not only the most used technology for sourcing and recruiting (89.1%) but also rank as the most effective tool for recruiting, surpassing internet search, social networks, and talent acquisition/ATS.
Based on the press buzz this past week, AllianceQ seems to be this year’s version of the job board killer. AllianceQ concept is to pool candidates from a bunch of member companies in an attempt to drive down the advertising costs of recruiting. I guess I need to see more because I’m not sure I get the concept of companies passing on a candidate to then throw that unqualified candidate into a pool of other unqualified candidates. Am I missing something?