Online Recruitment

My name is Bill and I will be presenting part 3 of our project which is answering the question “Why online recruitment is so popular?” Roughly ten years ago online recruitment was in its infancy and was only used by people who were very comfortable with computers. Today, online recruitment is part of any organizations smart staffing strategy. (Change slide) There are two main reasons for the popularity of online recruitment вЂ" the cost factor and the convenience factor. The cost factor: (change slide) More and more companies are beginning to recruit exclusively online due to the ever-improving convenience and efficiency of the different resources available. It takes a lot of money to place ads and to send people such as a headhunter around the country looking for the best possible candidates. By posting online you now have the candidates coming to the organization. Also, by doing this rather than placing ads all over the country at a hefty price an organization only has to place the ad once on any number of popular sites such as monster.com or hotjobs.com for a relatively small fee. (Change slide) In addition to the largest nationwide recruitment databases, many employers are also utilizing the internet to recruit by posting electronic advertisements on local news sites as well as accepting resumes through their company’s website. This is also a money saver because it is cheaper to do this than place ads in local papers or sending a representative from their organization to a job fair or fairs to help sell their company. This will also take a few steps from the traditional process out of the equation. (Change slide) While a startup business owner might not have access to career fairs at many top schools, the online recruitment channels would provide access to top students, who are more frequently posting their resumes online in addition to other methods of searching for the best positions. Obviously, with a start up business or purchasing an existing business money will be tight. Because of this new process it will allow managers and owners to dedicate their resources elsewhere and make the organization as a whole more efficient in the process. (Change slide) The Internet streamlines the hiring process and lowers recruiting costs. When the process is streamlined, the hiring process becomes more efficient. This brings greater value to the organization through increased service as well as through the reduction in hiring costs and time frames. This slide speaks for itself. The main take away here is the reduction of costs. (Change slide) The convenience factor: As popularity with top candidate’s surge, a great number of employers are also turning to the internet as a way to fill vacancies with