On the heels of their pay per resume announcement last month, job site CareerBuilder is now announcing pay for performance job advertising. It appears to be an option as regular duration based job ads are still available to buy.
According to the release, “Focusing on job advertising and job applications, CareerBuilder’s Pay For Performance is helping to shift the traditional recruitment landscape by aligning costs with outcomes, allowing businesses to optimize their hiring strategies like never before.”
Pay For Performance stands out with three key benefits that resonate with businesses looking to maximize their recruitment investments:
- Pay for Results: Say farewell to fixed fees! With Pay For Performance, companies pay only for the outcomes delivered, ensuring that their investment translates directly into tangible results.
- Greater Flexibility: Adaptability is at the heart of this model. Companies can tailor their strategies to align with their evolving business objectives, while making adjustments to maximize efficiency.
- Lower Costs: By tying costs to results and reducing upfront costs, businesses are empowered to achieve their hiring goals more cost-effectively, utilizing their budget to drive outcomes that matter most.
“We understand the evolving needs of modern businesses in a dynamic recruitment landscape,” said Jeff Furman, Chief Executive Officer at CareerBuilder. “Our new performance-based solutions represent a paradigm shift in how we partner with businesses, aligning our success with theirs. It’s a powerful model that underscores our commitment to innovation and tangible outcomes.”
They are the first major (national) job board to add pay for performance since Indeed made the move last year.