A recent trend has been recorded in the recruiting business i.e. job portal app development. Job portals are a win-win situation for job seekers & employers. HR managers can easily advertise new job openings through the job portal.
It is a fact that recruitment app development solutions bring out a drastic change in the recruitment process. From newspaper job advertisements to job posting through web or mobile apps. Also, HR managers prefer to conduct the initial 2-3 rounds of interviews via video calls. It creates an ease for candidates as well as for recruitment in an effective way.
Although, if you have any desire to enter into the recruitment business then you should incorporate job portal mobile app development solutions. Furthermore, to ease your efforts in knowing about different associated costs that will incur in this journey – you need to continue reading this blog. We have covered the cost expected associated with the job search portal app development, must-have features key technology requirements and much more.
Overview of the Global Job Board Software Market
As per the official report generated by Verified Market Research, it can be analyzed that the global job board software market will grow at a CAGR of 7.59%. The forecasted time period for this growth is between the years 2022 to 2030. In the year 2021, the global job board software market was valued at $439.55 Million. By the year 2030, it will reach a market value of $817.89 Million.
Source: Verified Market Research
Here, it is important to understand that the growing corporate sectors and start-ups are the major factors that drive the growth of the global recruitment market.
Experts believe that more positive trends can be noticed in the market if there will be favorable government policies & simplified licensing processes to start a new business.
Moreover, the increased adoption of tech platforms will continue to attract the attention of recruiters and job seekers. So, it signifies that there is an ample amount of opportunity for experience growth in this market.
10 Unique Features For Developing An Extraordinary Job Portal App
It is true that your job portal needs to be integrated with unique features to stand alone in the competition. To empower your thinking by adding unique and advanced features we have prepared a concise list of some features:
1. AI-Powered Job Matching
With advanced AI algorithms, the job seekers’ profiles & the requirement for employers will be automatically matched with each other.
2. Gamified Skill Assessment
Engage users with interactive games and assessments to evaluate their skills and match them with suitable job opportunities.
3. Virtual Assessments Feature
Conduct interviews, tests, and assessments remotely, providing convenience and flexibility for both candidates and employers.
4. Automated Resume Enhancement Function
Instantly improve resumes by offering suggestions, formatting assistance and highlighting relevant skills and experiences.
5. Mentoring & Networking Platform
Connect job seekers with industry professionals for mentorship and networking opportunities, fostering career growth and guidance.
6. Customized Career Recommendations
Personalized job suggestions based on user preferences, skills, and career goals to enhance the job search experience.
7. Intelligence Market Insights
Access real-time market data, trends, and salary insights to make informed decisions during the job search process.
8. Feature For Employer Branding
Empower employers to showcase their company culture, values, and benefits, attracting top talent and promoting their brand image.
9. Job Alerts
Receive timely notifications about new job postings matching the user’s criteria, ensuring they never miss out on relevant opportunities.
10. Blockchain-Powered Verification
Utilize blockchain technology to ensure the authenticity and integrity of candidate credentials, providing trust and transparency to employers.
Read More: Unlocking Business Growth: The Impact of Enterprise App Development
Must-Have Features For Recruiters, Admins & Candidates
We have prepared a concise list below with the must-have features that should be present in your application. Although these features are common but you should not overlook them because these features are essential to incorporate into any job portal app development:
| For Recruiters | For Admins | For Candidate’s |
| Job Posting | Handling the advertisement work | Log-in/Registration |
| Subscription Plan | Content management | Uploading resumes |
| Resume filtering | Sending invites | Using filters – such as: location, keyword search, etc. |
| Sending a direct email to candidates | Managing user interactions | Option to Apply |
| Option to save candidate profiles | CMS Functions | Option for accessing pre-resume templates. |
| Review & Feedback Feature | Managing recruiter’s profile | Push Notification for Job Alerts |
| Dashboard Management Feature | Payment Options | Edit Profile |
Popular Job Portals Applications
The initial step to drawing in qualified up-and-comers is to publicize your positions in the best workplaces. For getting a better understanding of job portal applications, we suggest you invest some time in evaluating these best apps. As, conducting a detailed evaluation will help you to design your idea for job portal development in a well-defined manner.
- LinkedIn
- Glassdoor
- Indeed
- USA Jobs
The recruiting sector experienced a paradigm change amidst the instability and upheaval brought on by the COVID-19 outbreak. Numerous firms were forced to halt their operations and terminate projects, which resulted in a massive loss of jobs around the globe. Finding enough employment opportunities and recruiting outstanding personnel has become one of the most significant concerns of our day.
8 Steps to Create a Job Portal Like Glassdoor
In order to create an on-demand job portal app development, it incorporates a journey of 8 steps. Each step incorporates specific areas which need to be completed in an effective way.
Step 1: Conduct Market Research
In the initial step, you need to first conduct market research. As market research will help you evaluate different gaps in the market which need to be fulfilled in an effective way.
Step 2: Market Segmentation
The use of market segmentation will support you in evaluating specific demographics in which your audience lies. Not only this, you need to even check about the specific income profile of your target audiences. Here, it is important to understand that this step demands extensive research. Your entire revenue generation strategies are dependent on the degree of your reliable research and the information you analyze about your targeted market.
Step 3: Plan the Architecture
Once the target market research has been completed then it becomes crucial to design a complete development roadmap. At Amplework, during mobile app development, we brainstorm about the specific roadmaps that we want to follow with each tech solution.
Step 4: Selection of a Technology Stack
In this stage, all the technology stacks required in the project are selected & re-evaluated by the project managers. Here, it is important to make sure that the selection of the technology stack needs to be guided by the software architecture.
Step 5: Beginning of the Development Process
Now, the development process starts and this process is most time-consuming. In this stage, project managers make sure that the entire process needs to run smoothly and all the duties should be properly delegated.
Step 6: Testing
In this stage, there is a requirement for software testing services. During the software testing, there is a requirement for project functionality, user interface, monitoring software & hardware interfaces, maintaining performance criteria, implementation of performance issues and more.
Step 7: Final Deployment
In this stage, the final version of the project is released after completion of the project testing.
Step 8: Post-Deployment Stage (Maintenance)
All the maintenance-related functions are performed in this stage. Whenever any bug or error is recorded then it is the responsibility of developers to take quick actions for rectifying those bugs.
At Amplework, we offer free post-maintenance services to our clients for a specific period of time. Whenever our clients report any bugs then our dedicated team of developers are responsible to provide them with support on an urgent basis. This course of action helps us in attaining & maintaining a high client retention rate.
Cost of Developing a Job Portal
Before connecting with any affordable recruitment job portal app development company, you need to gain an understanding about the associated cost factors. The cost to develop a job portal application can be divided into various groups. Such as: the cost of the formation stage, designing stage, development stage and more.
Although, it is important to understand that the size of your application also impacts the job portal app development cost. So, to know the exact cost of operation, it is better that you can connect with our project managers.
We’ll first evaluate your requirements and then we’ll suggest to you all the details. Generally, the cost of job portal mobile app development lies between $45,000 to $125,000. However, the exact cost can vary as per your process requirement & expectations.
Read More: Important Factors to Consider When Hiring a Laravel Consultant
6 Best Revenue Streams For Your Job Portal Application
There are certain money-making strategies that you should consider. Currently, we have covered 6 top strategies that can be aligned with job portal applications. In reality, there are endless options that need to be considered for making through job portal apps.
1. Featured Job Listing
You can offer selective listing opportunities to job seekers & employers on your app’s homepage through chargeable fees. For example: you can offer a featured listing to people for 7 days, 14 days, or 19 days. Each time, whoever wants to appear in featured sections will need to pay you a certain amount of fee. In this way, you can generate recurring revenue for a long period of time.
2. Resume Database Access
HR managers frequently require them to evaluate the resume of different candidates. So, if the users or candidates on your platform provide third-party access to their resume then your platform can save them. Later on, you can charge a specific fee from the employer for accessing the database.
3. Advertising & Sponsorships
Advertising is an effective way for generating revenue through your application. Once you start getting a lot of traffic in your application then you can start charging money from advertisers who want to showcase their ads.
While advertising always remember to not spoil your platform by placing too many advertisements.
4. Premium Memberships
You can offer a premium membership package to your audiences as per their requirements. Here, it is important to understand that instead of offering a common package to all audiences – you should only aim to offer a personalized package. As, offering personalized packages to the members will help you in generating higher sales volume.
5. Recruitment & Training Services
If you provide recruitment & training services then you can charge a specific fee from the audiences for availing them. This can also be the best way to generate recurring revenue from clients.
6. Referral Programs (To refer candidates to partnering companies)
In the referral application services, you can generate revenue in both ways i.e. from job seekers as well as from recruiters. For example: if any candidate wants to apply in a specific organization then your referral program works like:
- First, your software will check the skill set and compatibility of the candidate with the job profile or organization he/she wants to apply.
- Second, your software will charge a specific fee from the candidate to refer them to the partnering organizations.
The Final Words
The increased need to get a desired job has significantly increased the growth of job portal applications. The job portal application development market incorporates the extensive potential for growth. In order to turn your idea into reality, you need a reliable & affordable development partner.
At Amplework, our developers offer cutting-edge development solutions for developing online job portal application services. Our expert solutions are designed with the mindset that our clients should get a finished tech solution that can generate maximum output for them.
