How Job Portals Make Money?

Job portals make money by the following steps:

Advertising

If a new position in a business is open, those businesses are expected to contact the work portals. The role listing is revealed by several work portals on their homepage, where a vast number of users are seen. They are grouped into particular categories, ranging from the number of days to the number of staff available in the field at those sites. In this way, the worksites, depending on each factor, produce a huge amount of money from the customer.

Database Distribution

The Career Site has information about the history of job candidates, credentials, and ties that can be easily sold to organisations to collect capital. It can even provide details about the openings in the business to job-seekers and charge them. It's the best and fastest way to raise money.

Email Newsletters

Job portals provide all career-seeking candidates with an email directory. Thus, if a company wants to fill a work vacancy, in exchange for money, it will contact these job portals and ask them for an email address. This strategy, though is not inherently helpful for the candidate, as it is very difficult to find the correct applicant in the midst of a huge crowd.

Premium membership

Through paying a simple amount of fees from both the candidate and the recruiter that hires on the site work portals may increase revenue. Usually, portal services are not secure. These sites also charge the contractor on the basis of the candidate they encounter. Sometimes though, it happens that job portals charge candidates an extra fee for reputable and relevant firms.