Behind The Scenes: How The Job Industry Works

A lot has gone on behind the scenes before you find a fitting job advertisement and start preparing your application. More likely than not, you used a job portal to find the new position you are planning to apply for. But have you given much thought to how a job portal actually works? Like many people, the answer is most likely no. Considering the fact that millions of advertisements are posted online daily, job portals serve an important function in your job search. No job seeker has time to browse thousands of company websites looking for their dream position. This is where job portals make your job search much, much easier.

Each day, Experteer Job Advertising and Data Science Director Alexander Chukovski and his team trawl through more than 2 million listings, with the goal of seeing every senior and executive level position available in the United States and Western Europe.

work the job industry works

For the most part, this is possible by using exclusive, custom built crawling technology, which aggregates job advertisements from every possible corner of the internet.

As well as using crawling technology to search for high level positions, Experteer has a dedicated team of 60 analysts who manually find jobs from smaller, lesser known companies that will not be found anywhere else. “We try to get every job that can be found on the internet. Our B2B team tries to extend this to the closed market by approaching headhunters,” Mr Chukovski says. A unique Experteer feature now allows users to sort jobs by three source categories – Headhunter, Company or Job Portal. This enables users to filter where the job listings originated from, whether it be from company websites, other job portals or directly and exclusively from a headhunter.

Data mining and machine learning tools are used to classify each position by industry, career level, function and salary prediction. Meta data is extracted in order to determine the location, skills and requirements of the position. “This year we will invest in data mining and deep learning algorithms to have an even more precise classification of jobs and extract more relevant information to help candidates make their next career decision,” Mr Chukovski says.

Extensive dictionaries and filters are used to sort positions, removing those that do not qualify, such as internships and blue collar jobs. Positions offering limited contracts also do not make the final cut. “An amount of jobs will be also removed because of the calculated salary benchmark will be below the target market of Experteer – €60,000 in Germany or $100,000 in the US. On average, from a career page with 1000 jobs, only 100 would be considered relevant,” Mr Chukovski says.

Rather than focusing on white collar jobs, Experteer searches for opportunities for the leaders of today and tomorrow. “We focus on people who are high achievers, normally with least 5 years of work experience or management of projects or teams,” Mr Chukovski says.

There are big plans for the rest of 2016 and the coming years. “2016 will see us working on more partnerships,” Mr Chukovski says. “We have more than 10 in the pipeline, which will mean even more jobs available to Experteer users in the future.”

When it comes to the future of job advertisements, MSLGroup Human Resources Manager Nancy Tobler has some insights. “We are, we need, we offer – in this order. It’s standard, and it’s mostly executed in the most boring way – in bullet points and long sentences equal to short stories,” she says. She suggests employers need to make themselves more interesting in the future, especially if they want to be competitive and appeal to employees who are content in their current positions. “What if we take it a nudge further and insert a game, a challenge, a mind teaser into it?” she asks. Furthermore, Ms Tobler believes work/life balance will become more and more important in the future. “How ‘balance-able’ is the job with my family life, and how can I ‘make a change’ are questions all generations have asked me so far,” she says.

Without a doubt, job portals make our lives infinitely easier. Collecting every current high level listing available in Western Europe and the United States is an involved process, which involves a concerted effort and relies on both technological tools and human endeavour. Next time you use a job portal like Experteer, spare a thought for the work that has gone on behind the scenes to collect and filter thousands of positions just for you.

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