E-Recruitment is the latest trend in the recruitment process.
Also known as "Online recruitment", it is the
use of technology or the web-based tools to assist the recruitment
process. Online recruitment has an edge over conventional
modes of recruitment. It makes life much simpler and cheaper
for today's recruiter. In addition, it also reduces the
average time spent by a recruiter in sourcing a suitable
candidate. The only drawback, however, could be the recruiter's
comfort level in using the online medium. For example, searching
the database for sourcing candidates online could be a complex
task for an average recruiter.
It is sometimes said that "When US sneezes, India
catches a cold". However, there has been one area which
is insulated from the `market shocks' and that is electronic
recruitment or e-recruitment. The sector is growing at a
whopping pace of 100 to 150% year-on-year. Starting with
an insignificant share, the e-recruitment market, today,
commands a respectable market share. Liberalization, Privatization,
and Globalization (LPG) and an increasing Internet penetration
have all fuelled the growth of this sector.
There was a time when recruitment was a tedious job. It
involved contacting prospective candidates, sourcing references
through them and so on. Applications received in response
to advertisements in newspapers were actually a nightmare
for a recruiter. Sorting out the paper resumes and picking
the right resume was really a daunting task. No more after
the advent of e-recruitments. The online medium provides
many tools that can be used for screening the resumes. In
fact, some portals provide end-to-end recruitment solutions.
End-to-end implies sourcing, screening, short-listing, scheduling
interviews and zeroing in on the right candidate. Newspaper
advertisements generate responses only from active job-seekers.
However, online job portals or job boards (as they are referred
to in the US) contain a databank of registered candidates
who may be `active' or `passive' job-seekers. Passive job-seekers
mean candidates who are not desperately looking out for
a job, but they will not mind switching jobs if they get
the right opportunity.
|