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Changing the candidates' ecosystem with Alex Murphy of JobSync

Changing the candidates' ecosystem with Alex Murphy of JobSync

Released Saturday, 12th February 2022
Good episode? Give it some love!
Changing the candidates' ecosystem with Alex Murphy of JobSync

Changing the candidates' ecosystem with Alex Murphy of JobSync

Changing the candidates' ecosystem with Alex Murphy of JobSync

Changing the candidates' ecosystem with Alex Murphy of JobSync

Saturday, 12th February 2022
Good episode? Give it some love!
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Max: Hello, and welcome back to the Recruitment Hackers Podcast. I'm your host, Max Armbruster, and today on the show, delighted to introduce to you, who don't know, Mr. Alex Murphy, CEO and Founder of JobSync. JobSync is a technology partner that can help to speed up the application process and improve the candidate experience, notably with marketplaces and job boards, and its very cool technology, which is trying to connect two worlds, marketplaces and ATSes. I'll let Alex explain it a lot better than me. But we'll talk about job board and about Facebook and how the sourcing world is changing. Alex, welcome to the show. 


Alex: Max, thanks for having me. Much appreciated. 


Max: So, did I represent what JobSync does decently or you want to take another stab at it? 


Alex: No, I think you did. I mean, we are, at the end of the day, what we're trying to do is we're trying to help companies, specifically employers, create more efficient recruiting processes, right. So, it sounds fairly generic, most of us are trying to do that. The way we go about trying to do that is we are connecting the various systems that they use in the recruitment and talent acquisition process. So, as you said, between job boards and applicant tracking systems, this means enabling the candidates to apply while they're on the job site. So, whether that's on Indeed, and Indeed Apply, ZipRecruiter, Zip Apply, or anywhere where they may be, to use the applications natively on those job board platforms or job board marketplaces, and to not have to leave, but for the employer to still get all the questions that they need to have answered in that application, and then delivered directly into the applicant tracking system, just within a few seconds. And then the recruiter can start the recruitment process immediately, as opposed to waiting for some period of time or recognizing and seeing a huge fall off. So, the end of the day, we're helping companies get more out of the recruitment advertising spend than they were previously. 


Max: And to put a visual on it, I mean, I'm thinking back to the days when I was a jobseeker, I was unemployed, a long time ago, and I would go to job boards like Monster, and I would have applied to 10, 20 jobs a day because, you know, I needed a job. And in that context, I would, of course, be more likely to complete an application if I didn't have to bounce around from website to website. And so, I think job boards have now recognized that and this is what you're describing with the Indeed Apply, Zip Apply, and others. That's the candidate experience improvement in a nutshell, right? 


Alex: Yeah, I think it's interesting. There's a lot of talk about candidate experience, there's actually an award, right, the Candidate Experience Awards, the candies. And what that's really gets that side of the world kind of gets hyper focused on is what is the experience like after I apply? And unfortunately, for a long period of time, there hasn't been enough focus on the applicant experience. Right? What is the experience before I apply? Or will I even apply? An interesting kind of side note, a recruiting benefit that we have is we talk about in our job ads for when we're recruiting new people that come work with us, we talk about fixing this application experience. And we're speaking to the people that are literally going through this really bad application experience, at which point, they get really excited about being part of the solution to this problem, because pretty much every job seeker has had this experience where they are on a job site, they leave the job site to go to apply to a job. They're viewing the job for a second time because they already viewed it on the job site. They view it on the company's career site. They're then redirected to the applicant tracking system, they probably been presented with two different places where they had to sign up for some newsletter, join a talent community, they finally get to the applicant tracking system. They click Apply for the third time. And now they're presented with a login form. And they're kind of like, what is this? A login form? I haven't created an account. And that's an immediate path for that candidate to leave and go to TikTok and start watching videos, right? Like nobody wants to go through that experience at all. And so, when we communicate to prospective candidates ourselves about fixing that, it resonates pretty highly because everybody is having that same really terrible experience as an applicant. 


Max: Talent acquisition is always running behind on a smooth experience, but yeah. Of course, in 2022, where everything goes so fast, and you can get everything done and delivered to your home in just a couple of clicks, you would want that application to be just the same, if not better. And well, before we talk about the market, Alex, how did you end up creating JobSync to begin with? It’s an insider's trick to activate JobSync in a booming marketplace, kind of working at the frontier of different tech giants. So, you need to be an insider to do what you're doing. So, I gotta ask you how you ended up in that area. 


Alex: So, I have a co-founder, John Bell, he was the founder and CEO of a company called Boxwood Technology that he sold in 2014. Boxwood, was a job board software platform primarily for associations, they had over a thousand associations and he had started that back in the 90s. And I actually credit John, I think, with the real observation about what happened between I'll say 2002 and 2012, which was the experience for applying to jobs changed fundamentally. In 2002, virtually all applications online took place on job boards, and the application was delivered by email to a recruiter, and in the early 2000s, and then kind of really taking hold by about 2006 and 2007 in the US market, in particular, with respect to the EEOC questions, companies started to require the application process to take place on their ATS. And what John observed was this massive decline in conversion rates, and what used to be 40% conversion rates or better, meaning, if 100 people viewed my job posting 40 People would apply, had tanked to sub 10%. And in a lot of cases, with really arduous applicant tracking systems, that conversion rate might be 1%. So, one out of 100 people would apply. And so, he observed that. In parallel, I had been job.com as a co-founder there in the early 2000s, was at Beyond for eight years, as part of the traffic and business development teams, was observing the same thing happening as from the operator side, that the product that we're selling is deteriorating, right, like we are not able to generate the applicants that we once were. So, fast forward, and I left Beyond John started a company, and we brought a bunch of different ideas together in 2019 around creating this integration platform that was focused on connecting the job boards and applicant tracking systems to make it so that we could emulate the application on the job board that was taking place on the ATS, so as to improve conversion rates, and on Indeed, their data shows that you get a 4X increase, meaning 400% improvement in applications. That's like a 400% improvement in your recruitment when you return on ad spend. That has massive implications in terms of not just your ROI, which is great, but really, at the end of the day, the thing that you're really getting more of is you're getting access to candidates that would otherwise drop out, which typically are going to be the most sought-after candidates. And so not only…


Max: Candidates like ...

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