An online jobsite has revolutionised the recruitment landscape for both employers and job seekers and largely increased the efficiency with which hiring decisions can take place.
Gone are the days when online recruitment was the exclusive domain of the technologically savvy, the curious and the ultra-sophisticated. Today, with this medium tried, tested and proven to be true and more importantly indispensable, professional recruiters and employers alike rely on a jobsite as a primary source of professional talent both on a stand-alone basis and in some cases to complement traditional hiring methods. There has been a paradigm shift in the way companies recruit thanks to the value, efficacy and ease-of-use of today’s career sites and with internet penetration levels ever skyrocketing, geographic boundaries blending when it comes to professional mobility and the quest for top talent at fever pitch in booming regional economies, this medium is definitely here to stay.
So what are the benefits of online recruitment through a large jobsite like My Job Space that have led to such a meteoric rise in its use and revolutionized the way companies hire and candidates search for jobs in such a short time span?
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Reduced time-to-hire through My Job Space Jobsite
E-cruitment allows for immediate real-time interaction and 24×7 hiring/job search activity. Employers can post a job in as little as 20 minutes on a career site with no limits to ad size and start receiving CVs in response immediately. The posting typically remains active for as long as 30 days and continues to receive applicant CVs immediately as job seekers come across it. This is in comparison to traditional methods where a newspaper ad may take appear a week later and only for a day, or a recruiter has to wait till month-end to reap the benefits of an ad in a monthly industry or geography-specific publication. Typically, e-cruitment hiring is on average 70% faster than traditional hiring methods and the recruiting cycle is speeded up at every stage from posting, to receiving CVs to filtering to managing the contacts and workflow.
Reduced cost-of-hire through My Job Space Jobsite
Costs of posting jobs and/or searching for candidates on job portals can be up to 90% lower than the costs of using traditional search firms and/or advertising methods. Online postings are substantially more cost-effective than the 30% of annual salaries fee that many traditional recruiters charge or the costs of newspaper/publication ads for the same reach and time period.
Wider reach for employers through My Job Space Jobsite
Unlike traditional methods which are usually restricted by career level, geography, industry or other parameters online recruitment portals typically have current and active talent databases that cover all career levels, industries and regions. Top marketing dollars are spent ensuring the databases are diverse, updated regularly, relevant and high quality. Sprawling business development teams also ensure that affiliations are established whereby the portals are always prominent and top-of-mind with the relevant candidates and are visited by the target job seekers regularly.
Wider reach for candidates through My Job Space Jobsite
Candidates benefit immensely from the wider scope they gain through online jobsites. They are able to access jobs in companies, industries and locations they may not otherwise have learned of and can apply immediately with the click of a mouse. By posting their CVs online they can be contacted by employers/recruiters directly for opportunities that may not even be advertised.
State-of-the-art filtration tools through My Job Space Jobsite
Leading jobsites offer employers the latest technologies and filtration criteria that help them find potential future candidates in the easiest, most rapid and efficient way. With more than 33 unique search criteria and state-of-the-art screening and sorting tools, employers get the help to quickly and easily target and contact both active and passive professionals without the delay of using a go-between.
Branding opportunity for employers through My Job Space Jobsite
Employers can use their job ads to project a consistent brand and company image/values to prospective job seekers. With the heat on for top talent, candidates can be very particular about who they work for and these company descriptions often serve as a basis for their application decisions.
Sophisticated management tools through My Job Space Jobsite
The entire recruitment process is managed from one location which allows the employer to post vacancies, receive CVs, screen, prioritize and contact candidates individually or collectively and track all activities from the confines of a private and highly functional employer. Job seekers similarly can track the progress of their application at every stage of the hiring process from their own functional Workspace. This allows for an enhanced user experience for both employer ad job seeker.
My Job Space Jobsite allows for confidentiality
Both employers and job seekers can elect to maintain their confidentiality. Employers can elect to search the databases without posting a job if the vacancy is sensitive in nature, or they can post a vacancy while keeping the company name confidential. Similarly, candidates can post their CVs online while keeping their names and present employer’s name confidential.
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My Job Space Jobsite allows for proactivity
The employer/recruiter is in full control of the hiring process with online recruitment, can contact candidates real-time and directly and does not require a middleman to sift through, filter, assess or select the required candidates. By being in the driving seat the employer gains valuable insight into the nature of the marketplace and the competitive landscape for the position. He is also able to ensure a superior match and a better fit for the long term.
My Job Space Jobsite allows for database build-up
Employers can save high profile or particularly attractive CVs from an existing online search to build a priority database of pre-screened star talent for future use.