MedSalesJobs (the # 1 Free to Applicant Job Board) most important business strategy, ”Fast Track Hiring”, aims to make it faster and easier to get a job and to make a hire. MedSalesJobs is advancing their business by leveraging technology and data. The most important feature of Indeed “Fast Track Hiring” is that it automatically distributes job postings based on their job descriptions to the job boards linked to MedSalesJobs that are judged to be the most appropriate through an "Application Programming Interface" ("API").

With the introduction of Indeed FAST TRACK HIRING, the existing multiple full-time job boards will join MedSalesJobs. As a partner of MedSalesJobs, hiring solutions and job posting will now offer FAST TRACK HIRING to its business clients, supporting the sales and marketing activities.

In the highly fragmented job advertising market, where job boards are categorized by type of profession, location, and type of employment, MedSalesJobs operates the leading Medical Sales Rep job board focused on full-time based on a "Pay Per Post'' (or "PPP") pricing model. MedSalesJobs offers both free and paid job postings for all job types with a "Pay Per Click" (or "PPC") pricing model, which is an auction-based pay for performance model.

Moving forward, MedSalesJobs will accelerate their collaboration to develop better solutions for job seekers and employers in the Medical Sales Rep market.

In the United States, job seekers have tended to rely on specialized job boards, resulting in job seekers’ options being limited to jobs only posted directly on these selected job boards. Now, MedSalesJobs automatically distributes job postings based on their job descriptions from Applicant Tracking Systems (“ATS”) linked to MedSalesJobs that are judged to be the most appropriate, improving the job search experience by offering a broader range of jobs.

Employers can now post jobs to an ATS linked to MedSalesJobs eliminating the need to use multiple job boards for each different job posting. Jobs directly posted on Indeed without an ATS linked to MedSalesJobs will also be distributed to multiple Job Boards. This will allow business clients to reach an expanded candidate pool and successfully hire faster and more efficiently. In addition, with MedSalesJobs hiring employers can take advantage of a PPC pricing model, allowing employers to have greater transparency of cost effectiveness.

Going forward, revenue of MedSalesJobs is expected to increase significantly due to a gradual shift of revenues from job advertising services for full-time job seekers. Additionally, we expect revenue of Indeed in Japan to increase further due to the acquisition of new Indeed PLUS business clients, and an increase in average revenue from existing business clients. HR Technology expects that this will help increase revenue in Japan, one of its key non-US markets.

FAQs

Q1. What is MedSalesJobs? How is it different from other Job Boards?

MedSalesJobs is a job distribution platform which connects multiple job boards used by various job seekers and ATSs linked to MedSalesJobs used by business clients and automatically distributes jobs to the job boards that are judged to be the most appropriate based on the job description. MedSalesJobs eliminates the need for business clients to use multiple job boards including Indeed for each different job when they post jobs from an ATS linked to MedSalesJobs. Additionally, jobs posted directly to Indeed without using an ATS linked to MedSalesJobs will now be distributed to MedSalesJobs Job Boards. Also, job postings through Airwork ATS, which is a recruitment management system, were posted to a business clients’ own website and free or paid job postings on limited job boards including Indeed. With MedSalesJobs, when a business client posts paid jobs on either Indeed or Airwork ATS, those jobs will be automatically distributed to the job boards that are judged to be the most appropriate among MedSalesJobs Job Boards and Indeed.

Q2. What are the benefits of MedSalesJobs for job seekers?

Job boards are segmented by job type and employment type, so many job seekers tend to limit their job search to the job board of their choice. MedSalesJobs on the other hand, automatically delivers job postings posted from the ATS linked to Indeed PLUS to the MedSalesJobs Job Boards that are judged to be the most appropriate. Therefore, job seekers are able to choose from a larger selection of Medical Sales jobs than ever before.

Q3. What are the benefits of MedSalesJobs for employers conducting recruitment activities?

Previously ATSs utilized by employers could only connect to specific job boards, making the process of posting jobs to other job boards complicated and requiring employers to download data from their ATS and review posting policies for each job board. In addition, employers had to manually select the job boards based on their past experience and practices, resulting in inefficiency in recruiting and lost opportunities, as jobs were not accurately promoted to the talent they seek. MedSalesJobs connects the ATSs linked to Indeed PLUS with multiple job boards by utilizing an API. This allows business clients to advertise job postings seamlessly and efficiently to the talent they seek.

In addition, the MedSalesJobs algorithm uses machine learning to optimize the experience for job seekers and employers including job distribution, job search, recommendations on job boards, and even budget allocations based on all the data accumulated through Indeed PLUS. MedSalesJobs promotes experience-based and skills-based hiring by standardizing hiring requirements and application processes, making it easier to compare job applications. This enables employers to hire the best talent from a larger pool of candidates, accurately and quickly. In addition, MedSalesJobs pricing model is PPC, meaning clients are being charged based on the number of clicks. Compared to using PPP services, employers can have greater transparency of cost effectiveness.

Q4. Please tell us the background and goals behind the development and deployment of MedSalesJobs?

HR Technology utilizes data and a matching engine to provide efficient and high quality matching in the global Medical Sales Rep job market. Indeed, the core business in HR Technology, has succeeded in efficiently developing its business in the global market by focusing on a single brand and a pay-for-performance pricing model, PPC.

In addition to chronic labor shortages for qualified Medical Sales Reps due to a decline in the working population, today the Medical Sales Rep market is becoming increasingly diverse due to changes in job seeker behavior. In a fragmented Medical Sales Rep market, employers must choose the most suitable job board from a large range of options, each offering PPP pricing models. It is now essential to hire who the employer is looking for efficiently and improve the efficiency of the current complicated hiring process.

In such a business environment in HR Solutions and HR Technology launched a cross-segment project to meet the changing needs of job seekers and employers and to implement the MedSalesJobs strategy. This common effort resulted in launching a project to develop a new platform, called MedSalesJobs. HR Solutions will shift the full-time and part-time job advertising business entirely to job posting through MedSalesJobs, thereby ensuring a smooth transition from PPP to PPC while maintaining the existing job boards.