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It generates revenue by selling premium job posting and resume features to employers and companies hiring. [5] In 2011, Indeed began allowing job seekers to apply directly to jobs on Indeed's site [6] and offering resume posting and storage. [7]
Often these are flat fees for a specific duration (30 days, 60 days, etc). Other sites may allow employers to post basic listings for free, but charge a fee for more prominent placement of listings in search results. A few sites use a pay-for-performance model, where the employer listing the job pays for clicks on the listing. [20] [21]
In June 2016, Monster.com acquired Jobr, a job search mobile app, for $12.5 million. [31] [32] In August 2016, Monster was acquired by Randstad NV, a multinational human resources and recruitment specialist, for $429 million in cash. [33] In January 2018, Quess acquired Monster's business in India, SE Asia and the Middle East. [34]
Once the resume has been analyzed, a recruiter can search the database for keywords and phrases and get a list of relevant candidates. Many parsers support semantic search , which adds context to the search terms and tries to understand intent in order to make the results more reliable and comprehensive.
The website is an example of vertical search. As of 2016 CV-Library is one of the top 500 most visited websites in the UK according to alexa.com. [3] In 2014 & 2015 CV-Library appeared in The Sunday Times’ Profit Track 100 list of businesses with the fastest growing profits in the UK.
A résumé or resume (or alternatively resumé), [a] [1] is a document created and used by a person to present their background, skills, and accomplishments. Résumés can be used for a variety of reasons, but most often are used to secure new jobs, whether in the same organization or another.
Employers may be prohibited from asking applicants about characteristics that are not relevant to the job, such as their political view or sexual orientation. [2] [3] For white collar jobs, particularly those requiring communication skills, the employer will typically require applicants to accompany the form with a cover letter and a résumé. [4]
Yahoo HotJobs, formerly known as hotjobs.com, was an online job search engine.It provided tools and advice for job seekers, employers, and staffing firms. It was acquired by Yahoo in 2002, then acquired by Monster Worldwide, owner of its major competitor Monster.com in 2010—leading to its merger with Monster.com and eventual closure.