Re:StackOverflow: Sunsetting Jobs and Developer Story by Apr...
by newaccount74 on Friday January 21, 2022 @01:55PM
(#30028244)
Why should they sell ads for $50 if companies are buying ads for $500? Recruiters charge $15000 for a single hire, so a company could buy 10 ads for $500 and it would still be cheaper than going through a recruiter.
Re:StackOverflow: Sunsetting Jobs and Developer Story by Apr...
by andrewstuart on Friday January 21, 2022 @08:18PM
(#30032134)
>> Why should they sell ads for $50 if companies are buying ads for $500?
Seems they are not buying them..... not enough anyway.
Re:StackOverflow: Sunsetting Jobs and Developer Story by Apr...
by berelig on Friday January 21, 2022 @01:43PM
(#30028062)
Companies that otherwise spend $20,000 to fill a role. Headhunting is a huge overhead
Re:StackOverflow: Sunsetting Jobs and Developer Story by Apr...
by andrewstuart on Friday January 21, 2022 @01:47PM
(#30028119)
I know that - I've been a recruiter for 15 years.
But companies do not equate the $20,000 recruiting fee with the cost of ads.
Small companies - startups and also large companies and HR departments actually look at the price of their recruiting tools.
To find someone I would ideally like to advertise across every available channel - that means ads on 3 or four job sites such as SO, LinkedIn and also local board.
Simply not possible to include SO in that sort of campaign at $500/ad.
At $500 an ad a small company needs to justify that purchase - especially when finding someone may take six months and 8 ads. Of course StackOverflow Jobs won't be the choice for that sort of talent search at $500 per ad.
They should have made job ads $50 each and advertised the price up front.
It is worth noting that in the current economic conditions job ads are dramatically less effective because there is a shortage of developers and because recruiters are now contacting candidates directly. That said, job ads are not dead - job ads need to adjust to the market conditions. Job ads used to be worth $500, now they are worth $50 - that's how the recruiting market has changed.
At the moment it is extremely hard to find developers - this results in lots and lots of job ads.
StackOverflow management are clearly inexperienced/incompetent in the recruiting field if they can't capitalise on this in the current environment.
What a waste.