It’s not a Job board, you can’t buy credits, you don’t post for a fixed number of days. If you want to manage your advertising budget and get the best return on your spend you shouldn’t just post your job and leave it there. Other than that, it’s easy to attract Candidates you aren’t getting from elsewhere (the big job boards and Google for Jobs don’t play with Indeed and therefore Indeed are attracting their own audience).
Get yourself the free stuff:
In a similar way to Google, Indeed is a pay for click model or what they refer to as “sponsoring a job”. Sponsored Jobs are displayed to the Candidates in the top 4 slots and last 2 on each job search results page. The position of your job depends on the amount you have paid “per click” compared to other Recruiters who are advertising similar jobs. How much you pay “per click” is determined by your bid amount (we’ll come onto how much that is further down) & is deducted from your budget (again, we’ll come onto that) each time a candidate clicks on your job.
Your Sponsored job needs to be written in a certain way so that it conforms with Indeed’s DALT criteria. Basically, to comply you need to follow the below –
If you do follow the above not only will your job be found by more Candidates when searching but they will also be sent out through Indeed’s “Email Job Alerts”.
If you have a Sponsored Job account you can use your job multi-poster to send the vacancies to Indeed (saves time) but you will still have to log into your Indeed account to set your bid amount.
In short – as much or as little as you want to spend. If you are buying direct with Indeed you have to sign a minimum contract amount but with us, you don’t. Either way, you only get invoiced each month for the amount you have spent (but with us you get a 10% discount off your bill).
For each job you sponsor there is a minimum budget spend of £30 but you can:
And then all you do is say how much is the maximum amount you want to spend each time a Candidate clicks on your job, the “bid amount”.
There are no set rules on how much, there are no guidelines to help you decide and you certainly don’t want to go with Indeed’s suggested amounts – it’s a case of trial and error and using your own historical data to see which jobs worked & how much it cost you. Indeed have some great reports that provide you with all this data BUT only on your own jobs, and for that, you need to have used the site to have the data.
If you are a new user Indeed have an automatic bidding system that you can use, which is based on the last 3 years performance of all jobs (which they won’t share with you) of similar salary, location and keywords. The automatic bid level is reviewed twice a day to ensure that your bid reflects current activity. To be fair to Indeed, they do use historical data to make sure the automatic bidding is fair.
Use the automatic bidding to start with and then once you have sponsored a few jobs use your own data to decide your own bid levels. The higher your bid, in relation to other bids, the higher up the pages your vacancy will appear. Lower bids drive traffic but not applications as the jobs are more likely to be shown on lower pages and non peak times.
As I said, with Indeed you have to work at it but with a bit of patience, and some trial and error the feedback from our Clients is that they get a great response.
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Thanks,
Frank!