Article about new, improved online job-hunt sites tops WP's e-mailed list

[DeepModem Mom]

Must be a lot of folks looking for work. I posted this article in LBN yesterday, and several DUers posted very positive comments about these sites.

Washington Post:
New Job-Hunting Sites Might Be Monster Killers
By Leslie Walker
Thursday, August 18, 2005; Page D01

Monster.com may grow up to be a dinosaur. That was my first thought upon seeing a new breed of online job sites shaking up the recruitment industry.

Simply Hired and Indeed, upstarts less than a year old, are getting attention for their Google-like approach to helping people find jobs. They do for job listings what Google does for general information -- crawl or "scrape" listings from thousands of sites and create a free, searchable index in one spot.

The key difference between these sites and leading job boards Monster and CareerBuilder is that employers don't pay to be listed. Simply Hired and Indeed base their results on a crawling of the Web and mathematical formulas that attempt to judge the relevance of each job opening to a user's query, much as regular search results are presented on Google. As a result, Indeed ( http://www.indeed.com / ) and Simply Hired ( http://www.simplyhired.com / ) offer many more listings than Monster or CareerBuilder -- including some found at those sites, at specialty recruiting services and the sites of individual employers.

Indeed is even developing a pay-per-click advertising model that mimics Google's, including an online auction in which employers and other companies will bid to have their ads displayed alongside regular search results. In most cases, the paid ads will link back to listings on an employer's site. Simply Hired wouldn't say exactly how it plans to make money, except that it will use some form of pay-per-qualified lead and pay-per-hire model.

"By and large, employers will foot the bill," said Simply Hired chief executive Gautam Godhwani. "Over time, we are going to be able to bring a targeted job seeker over to your Web site or send them to a listing you have anywhere on the Web."...

http://www.washingtonpost.com/wp-dyn/content/article/2005/08/17/AR2005081702021.html?nav=most_emailed