Local Internet Job Boards Carving Niche in Market
Byline: Dan Culloton
The job market is booming on the Internet and so are the number of companies setting up career sites that help people search for work.
Look no further than the western suburbs for evidence of the trend.
In the last month two new job seeking sites based in Naperville and Wheaton have opened.
They both have their own strategies for distinguishing themselves in a market crowded with Monster.com, Hotjobs.com, Careerpath.com, America's Job Bank and others.
Naperville-based Jobsinchicago.com, which we profiled last week, lists positions at companies within 60 miles of Chicago.
IdealJobs.com in Wheaton is offering free job posting opportunities to employers.
IdealJobs grew out of an information technology headhunting firm called Silyx Bill Paulding started two years ago.
Paulding, a 30-year-old Naperville resident, discovered clients were growing weary of paying 20 percent to 30 percent of applicants' first- year salaries to recruiting firms.
He started researching other Web sites, and talking to companies and job seekers.
Ultimately, he and his 20 employees decided to create a site that would let employers post jobs and users search them for free.
The big, established Internet job boards are all battling for market share. Paulding predicts the Web wars will pressure prices until they are virtually non-existent.
"It's going to get free," he said. "It's just a matter of time, so we're going to always be free. …