A job ad exchange allows companies to connect to hundreds or even thousands of candidate sources – some large general job boards to some very niche sites. At times, it might seem like the current program your company is using, which probably involves working with a handful of job boards, is basically doing the same thing. It makes sense, place multiple bets by using multiple job boards with the thinking that you have a better chance of winning on some when you might have lost on others.
The challenge in managing this complexity isn’t linear, it’s exponential. For every added job board, managing the jobs, bids, and budgets becomes much more difficult. For most companies, at five candidate sources you are seeking help or it becomes a full-time job.
In addition, job ad exchanges provide secondary technology that creates a control layer that allows the influx of candidates to be focused on the places your business needs candidates – not just wherever candidates find your jobs.
Here are a few things to consider about how managing job board directly are different than leveraging an existing job ad exchange:
Armed with this information, you can better leverage what a job ad exchange has to offer, and save time and money in the process. To learn more about how job ad exchanges work, take a read of ‘What Is a Job Ad Exchange?’
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