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January 30,
2007 - JobSpin announced today the launch of its new vertical search
engine on JobSpin.com, a search engine for jobs with a radically new
approach. In one search, JobSpin gives job seekers free access to
millions of employment opportunities from hundreds of Web sites.
Established in 2004, JobSpin provided employers
with a low cost alternative to the major job boards offering job
postings at a fraction of the cost. However, through research and
development JobSpin discovered that their current job posting business
model would soon grow obsolete; and now offers a way for employers to
have their jobs listed for free. This revolutionary new way of job
searching could present a meaningful challenge to the major job boards
and other sites operating on a pay-per-job posting basis. JobSpin.com
now includes all the job listings from over 500 Web sites - major job
boards, top newspapers, hundreds of associations and many company career
pages.
JobSpin crawls and indexes job boards of small,
medium and large size businesses’ internal job boards. This can
potentially eliminate the need for an employer to pay money to post a
job on a major job board. This will be a valuable business model,
particularly for large corporations who have an enormous number of
positions to advertise. Today, many companies are prevented from
advertising more than a fraction of their open jobs, due to the rising
cost of individual postings. This innovative new job search benefits
employers by reducing their cost to hire and increasing the available
number of possible candidates.
This also benefits employees because they will
have a larger number of jobs to search through than a standard job
board. In contrast to job boards that only display jobs from their
clients, JobSpin is putting job seekers first by allowing them to search
jobs from thousands of Web sites simultaneously. With thousands of new
jobs every day, JobSpin has more fresh jobs than any other Web site,
including every conceivable type of job, from skilled to unskilled,
full-time to part-time, seasonal and every level of pay.
With the familiar look and feel of general
search engines, JobSpin makes it easy for job seekers to narrow down by
keyword and location to jobs that fit their requirements specifically.
JobSpin also offers text ads that run alongside the organic results
pages, which will offer recruitment agencies and employers a way to
better expose their job openings. The organic result pages will not be
enhanced by payment and the text ads will be clearly marked as sponsored
listings.
Before Job Boards hit the web, employers were
paying thousands of dollars every Sunday for small ads in local
newspapers. Conventional online job boards emerged and drove the prices
down decimating newspaper based advertising. However, there is now a
distinct undertone of unease among customers and signs that the market
is casting about for alternatives. Employers are beginning to question
whether job number 344 on results page number 7 is really worth $395.
JobSpin is transforming this recruitment process for global corporations
and small local companies alike by offering a means of free exposure for
their current job positions.
About JobSpin:
Jobspin, established in 2004, is
dedicated to organizing the web's job openings and making them
accessible to jobseekers. Jobspin is a privately owned company and has
been internally funded since its inception. The company plans to become
acquired by a suitable organization. If such cannot be found, plans will
be made to issue an IPO when revenue reaches a predetermined figure.
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Contact Information:
Robert
Lederhilger
973-956-7227 |