HOW IS INTERNET RECRUITING IS CHANGING WORLD OF HIRING Research Paper

HOW IS INTERNET RECRUITING IS CHANGING WORLD OF HIRING - Research Paper Example Recruitment processes are no different. Internet recruitment or e-recruitment refers to the recruitment processes that take place on the web. The conventional modes of recruitment and job seeking have been substituted by internet recruitment; the online platform where job vacancies are uploaded by organizations and job seekers apply for the appropriate positions in the most reliable and fast-paced manner. Earlier, the technical concept was limited till the technologically savvy individuals but now, it has become one of the mainstay components of the modern recruitment activities. Internet Recruitment Internet recruitment industry is thriving year after year. Younger discussed the conclusions of a study; the annual revenues of the respective sector accumulated to more than $3 billion in 2003. This figure increased to $16 billion by the year 2007 and it was expected to reach $20 billion in 2008. Younger quoted some other results from a series of surveys that conducted studies on the nu mber of applicants and job seekers who use internet to search for jobs. In 2003, the number of such job seekers accumulated to 45 %. In 2006, the number had increased to almost 96%1. The two main actors in this domain are job seekers and organizations. There are different platforms on the web on which the recruitment processes take place; job portals, company’s websites under the ‘careers’ sections and professional networking sites. The advantages and disadvantages will be analyzed in this paper, with respect to both of the identified actors: Changes in Recruitment for Job Seekers Advantages of Internet Recruitment a. Time saving and cost effective Job seekers can upload their resumes on the online recruitment agencies’ websites where organizations can select most suitable candidates from the uploaded resumes. The resumes are uploaded instantaneously on the job portals’ websites in a reliable manner, rather than mailing the resumes through an unpred ictable and time consuming mode of postal system. This medium tends to be cost effective for the applicant, especially if the job application has to be sent across the border; international postal mail costs significantly more than the regional ones. b. Effective search options for suitable vacancies The search features of the job portals permit the job seekers to find jobs with specific requirements and experiences. Such search results can present suitable jobs for the job seeker and save time in browsing through hundreds of job advertisements. c. Detailed descriptions for available jobs Job seekers can benefit from detailed job descriptions of vacant positions that are posted on the web. The details can help the applicants judge their aptness for the position. The absence of details in other mediums gives the applicant counterfeit hopes about getting the position. On the contrary, the availability of the job descriptions gives him a pragmatic position of his chances of getting the job. Disadvantages of Inter