Using Job Marketplaces to Find the Best Employees: What You Need to Know
When you’re looking for the best employees to fill your vacancies, it can be difficult to know where to look. While general job postings may help discover your next superstar, you may also be inundated with unqualified applicants. Sifting through these resumes can be tedious and may not yield the results you need.
The need to find qualified applicants leads some employers to a job marketplace to seek their next employee. While they can be beneficial, they also have their pitfalls that some employers don’t realize until it’s too late.
Let’s explore the pros and cons of job marketplaces so you can decide if using one is the best solution to fill your hiring needs.
Benefits of Using a Job Marketplace
There are several ways that using a job marketplace can benefit employers. Here are some things to consider:
Convenience
Using a job marketplace allows employers to post openings and manage applications all in one place. This can help to save time, although there may be many applications to sort through until you find even one qualified candidate.
Targeted Search
Many job marketplaces allow employers to filter their searches for the specific skills, experience levels, and locations they are looking for. This can help to weed out unqualified candidates.
Wide Pool of Candidates
There is a wide pool of candidates available through job marketplaces. This gives employers access to applicants they may not have seen elsewhere. While this wide pool of candidates can offer choice, some employers can find it overwhelming to have so many people looking for positions.
Cost-Effective
Some job marketplaces offer free or low-cost options for posting jobs. This is appealing to many employers who don’t want to spend a lot of money searching for candidates.
Access to Data
Marketplaces can give employers access to data regarding skills and experience. This can help them to make informed decisions during the hiring process.
Use Niche Job Marketplaces
If you are searching for skilled manufacturing candidates, you can seek out niche job marketplaces that should only attract these types of candidates. These are job boards targeted to particular industries. People using these boards should be looking for jobs just like yours. Just be on the lookout for frauds, because there may still be people trying to use these marketplaces and waste your time in the process.
Drawbacks of Using a Job Marketplace
While there are several benefits to turning to a job marketplace to find qualified candidates, there are also drawbacks that need to be recognized such as:
Low-Quality Applicants
Employers may discover a large pool of low-quality applicants or ones that just don’t match the skills of the job description. Taking time to sort through these applicants may cause employers to miss out on candidates who are truly qualified and eager to work.
Job marketplaces may also not attract top talent, as these types of applicants may prefer to deal with companies directly or through networking opportunities.
Competition
The competition among companies on job marketplaces can be tough. With too many companies crowding the field, it can be difficult for top-quality companies to stand out. Prospective employees may have trouble finding you, and you may miss out on stellar employees as a result.
High Cost
While there are some affordable job marketplaces, there are others that charge fees per post or per application. If you’re a company hiring for multiple positions, this can get expensive quickly.
Despite the benefits of using a job marketplace, hiring managers must still use their valuable time to seek out qualified applicants. This can take away from the time they need to complete other tasks. This is why many companies turn to recruiting agencies. Recruiting agencies have dedicated staff to uncover talent and bring you only the most qualified candidates.
Contact Summit Careers to Find Your Next Employee
Summit Careers is here to help you find your next employee. Utilizing the services of a recruiting service like ours can help to increase retention rates so you’re not dealing with the same vacancies in another six months. We focus on attracting and helping you hire the right talent, leading to higher employee satisfaction. We all know happy employees are more likely to stay than those who are unsatisfied.
If you’re ready to streamline your hiring process and find your next superstar,
contact the Summit Careers team today. Let us show you what we can do for you!


