SimplyHired Names Top Employer Brands

EBIBadge_HorizontalSimplyHired has come up with a way to measure the interaction between job seeker and employer job postings which it’s calling Employer Brand Index.

The result of a complex mining of jobseeker behavior and statistical adjusting, the Index is actually a ranking of employers in seven broad industry groups: automotive, entertainment, financial services, healthcare, insurance, technology, and transportation.

In the last week, SimplyHired released the top 25 employer winners in each category, which you will find here.

The EBI first made its appearance last fall when SimplyHired released a list of the top 50 retailers. The surprising winner was Burlington Coat Factory, which placed well ahead of such companies as Starbucks, Apple, and Target.

Since that first release, SimplyHired broadened its categories, sorting companies by analyzing the industry in which most of its job postings fall. This creates such curious, but not necessarily inappropriate, category bedfellows as placing Boeing in the same industry (technology) with LinkedIn, or a staffing firm that places truck drivers amongst freight companies and ride-sharing services.

Simplyhired top fi EBIDr. Jike Chong, SimplyHired’s head of data science and a professor at Carnegie Mellon’s Silicon Valley campus, described how the rankings are done.

Jobseeker clicks into job posts are tabulated, and then the numbers are adjusted to account for the frequency the posts are presented and the searches that are conducted. Companies in the same category are compared to each and a ranking results.

“Data science provides the opportunity to take a more analytical approach (to an employer brand) based on billions of signals and the actual behavior of job seekers versus their stated preferences,” Dr. Chong says. It’s not a popularity contest, he added assuringly.

SimplyHired maintains the rankings are a measure of employer brand that, as SimplyHired CEO James Beriker says, “provides a quantitative measure of brand strength that allows talent acquisition professionals to benchmark themselves against their peers.”

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After spending an hour discussing this with Dr. Chong and SimplyHired’s SVP of Marketing, Kristy Stromberg, I’m still having trouble grasping the utility of this measure and just what it means.

It does provide some interesting comparisons: POPSUGAR, a women’s fashion and lifestyle network, gets more jobseeker interest than do most of the biggest names in entertainment; Mavis Tire Supply, an online tire discounter with service shops mostly in New York State, ranks above Toyota, Honda, and BMW, none of which even made the list.

However, it may well be that the EBI, as Stronmberg explained, “is a measure that complements other measures” that a recruiter should take into account when weighing the overall brand strength.

 

 

John Zappe is the editor of TLNT.com and a contributing editor of ERE.net. John was a newspaper reporter and editor until his geek gene lead him to launch his first website in 1994. He developed and managed online newspaper employment sites and sold advertising services to recruiters and employers. Before joining ERE Media in 2006, John was a senior consultant and analyst with Advanced Interactive Media and previously was Vice President of Digital Media for the Los Angeles Newspaper Group.

Besides writing for ERE, John consults with staffing firms and employment agencies, providing content and managing their social media programs. He also works with organizations and businesses to assist with audience development and marketing. In his spare time  he can be found hiking in the California mountains or competing in canine agility and obedience competitions.

You can contact him here.

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