Fixing the Broken Jobseeker Experience

It has been 15 years since I have applied for a job “cold,” without an employer reaching out to me in advance. Given the many changes in the labour market, especially in the past two years, I wanted to know: What’s it really like for jobseekers today? 

To find out, I conducted an experiment. I created an Indeed profile with my full professional resume and applied to 50 jobs across diverse industries and experience levels. In some cases, I applied for more than one role at the same company if they offered different application processes — for example, one with Indeed Apply and another with their applicant tracking system (ATS).

The results were humbling and eye-opening. Sadly, 44% of employers never responded to me. Thirty percent declined me, most via an impersonal, auto-generated note — not great for the ego but better than not hearing back at all. Happily, 26% invited me to interview. 

Reflecting on this experience, here were my top three disappointments:

First, each ATS application process took too long — on average between six and ten minutes. I had to create a new account with a login and password. Next, I would upload my resume and then retype most of it, due to poor parsing. After that, I often ran into multiple pages of Equal Employment Opportunity (EEO) questions. I now understand how Fortune 500 companies lose up to 90% of potential applicants due to a frustrating process. 

The second biggest disappointment was the number of broken links I encountered. For example, an invitation to schedule an interview via text message repeatedly took me to a page with no time slots available. When I texted back that no slots were available, the system responded that it could not understand me. How many great candidates were lost to that glitch?

Last, there was the frustration of not hearing back when I knew I could do the job. This was especially true in one case where I had to take a full personality test as part of my application — and then never got a response!  

With a bad experience, jobseekers lose out — and so do employers

As an industry, we have known for years that bad candidate experiences can be expensive mistakes. Seventy-two percent of jobseekers who have had a bad experience will tell others about it (according to Indeed research), and 64% will become less likely to purchase from your company. You would think as employers, given these costs, we would improve our candidate experiences each year, but the opposite is true. 

What’s more, even as recession fears increase, jobseekers still have a lot of options. Companies with slow hiring processes are losing out on great talent, not to mention wasting a lot of time and money.

As Indeed, we are on a mission to make hiring simpler, faster and more human — improving the experience for both jobseekers and employers. Our innovation agenda is focused on delivering the hires employers need while improving candidate quality, speeding time to hire and reducing total cost.  

Broad reach and an understanding of jobseekers: How Indeed is delivering hires 

Globally, at Indeed, we have now surpassed 300 million unique visitors monthly, with 225 million profiles and growing (Indeed data, worldwide). Our Trusted Media Network allows us to reach another 185 million jobseekers globally off Indeed (source: SimilarWeb).  

To better understand jobseekers, we pay close attention to their actions on Indeed and our sibling company Glassdoor as they read employer reviews, apply to jobs, respond to outreach and interview with employers. We also learn from the preferences they share. When jobseekers set up a profile, they can specify the types of jobs they are interested in, including desired location, schedule, title and pay. This helps us ensure that neither side wastes their time if expectations are not a match.

We remain committed to transparency

As part of our commitment to providing transparency for jobseekers, Indeed now shows any available information about shifts, schedules and pay on jobs. Pay transparency, in particular, is a top request. Sixty-five percent of jobseekers in an Indeed survey say pay is the most important part of the job description. Pay transparency also benefits employers, as jobs with pay receive 30% more apply starts than those without pay (Indeed research, US). 

We are improving candidate quality with structured matching and skill-based evaluations

To improve the quality of our matching, we are collecting structured information from jobs and jobseekers. Next year, we will add the ability to edit jobs from any career site directly on Indeed — enabling employers to add must-have requirements, salary, location and more.

Improving candidate quality also means showing jobseekers whether they might be lacking qualifications specified in the job description. For example, I was advised I might be missing a background in manufacturing and operations management as part of one of my applications and it made me think twice before proceeding.

We have also been steadily moving Indeed from a search-led jobseeker experience to a recommendation-led experience. For example, when jobseekers visit Indeed’s home page, they no longer have to search for a job. Instead, they see a personalised feed of job recommendations. For employers, we recommend matching candidates for outreach, both for jobs posted on Indeed and with our resume sourcing experience. 

We are obsessed with reducing waste in the hiring process

With the average cost-per-hire at more than INR 25,500, there is a lot of waste in the average hiring funnel.  

Objective-based campaigns help reduce wasted advertising funds by aligning spending to hiring goals. You can set a target number of applications, cost per application or even a target number of interviews. 

When it comes to converting interested jobseekers into applicants, the biggest sources of waste are long applications and poor communication — two things I saw up close in my experiment. In contrast, companies with Indeed Apply see up to 4x better conversions (Indeed data, worldwide). 

The last, big source of wasted spend — and loss of great candidates — is manual interview scheduling, often with days or weeks of back and forth. By offering jobseekers automated scheduling, as in the case of phone-based interviews on Indeed, this delay can be reduced.

While these changes can make a difference, at Indeed, we continue to ask: How can we better align our business model to what employers care about most — making hires? To this end, as part of my keynote at our FutureWorks 2022 event, I announced Indeed’s plans to migrate our pay-per-click (PPC) model to pay-per-started-application (PPSA) and pay-per-application (PPA) across many of our major markets in 2023. 

Bold plans for 2023

I am a big believer in bold strategies to achieve success. And as you can see, Indeed has bold plans for the year ahead. All reflect our focus on improving jobseeker experiences — and making hiring dramatically simpler, faster and more human.