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| Future trends in e-recruitment |
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Joel Davis says that he sees four main trends emerging within the online recruitment space: • “Niche boards will win the war with the professionals due to the superior connection they have with the audience. Generalist boards will still play an important role in the market, especially for job seekers in the earlier stages of their career as well as individuals looking to exploit their transferable skills across various industries. • Community activity will grow: users see intrinsic value in having meaningful discussions with trusted like minded individuals. Community can play a useful part in the different job seeking life stages of users. • Due to the convenient and discrete nature of the mobile channel I’m sure we will see a rapid adoption of the mobile channel by employees, employers and job boards over the next year. • Multi-formats: blogs, podcasts, vodcasts are all being recognised as an e-recruitment tool and will continue to grow, not only from a social activity but to help recruiters and job seekers stand out from the crowd.” • The industry as a whole is growing too: visits to sites dedicated to online career resources and training attracted 50m European visits each month in the third quarter of 2006 according to comScore Networks- up 11% on the similar quarter of 2005.” • If you work in the accounting and financial sector you’re obviously intelligent and have an ability to think logically. You’re also very busy. Online recruitment allows people to apply for positions quickly and easily and at a time that suits them. It also appears to attract higher calibre applicants.” • They are more aware of what functions are available on job-boards and their job hunting efforts are enhanced by features such as wish-lists, jobs-by-email and a CV database, boards that don’t have these will be disappointing their audience.” • “In recent years, the online recruitment industry has consolidated as larger companies acquire smaller ones or outside investors enter the market. I think we’ll see this trend enter the financial sector in much the same way. We’ll see an increase in the number of larger organisations acquiring up and coming businesses, who’ve demonstrated that they’re stable, successful and have a business model that will generate profit. As well as consolidation I think we will also see more people using online recruitment. Time pressures, the amount and quality of jobs advertised, the immediacy and cost of finding a new position via the internet will lead more and more people to use it. Plus, as more people grow up with online recruitment, the more people will use it. At the moment, there are a lot of university graduates finding their first position via the net because the internet is a natural part of their life. As these people move up the ladder and new people come in, I think we’ll see online recruitment become the norm. We’re looking forward to growing the business, taking it to its next level whilst maintaining our position as the credit and risk industry’s only specialist job site.” |
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