E-recruitment - the economic benefits for
employers
E-recruitment gives
employers real costs savings plus increased ease and
efficiency in the recruitment process. It also gives
candidates an improved experience.
Findings in a recent CIPD survey show that
e-recruitment sections on employers' own websites is now the fourth
most popular recruitment method.
More than seven in ten employers advertise
vacancies on their corporate websites, while jobs boards are used
by four in ten with 73% reporting reduced costs through using
e-recruitment.
E-recruitment costs savings are typically
achieved by:
- Reducing the size of adverts in
conventional print media the print advert only needs
limited information, directing applicant to the e-recruitment
system to view a much richer range of information and the
opportunity to apply online immediately.
- Gaining occasional candidates for
free by ensuring the e-recruitment website is easily
found from the front page of the corporate website, interested
applicants have the opportunity to apply for specific
vacancies which are available now or registering a speculative
application for the future.
- Building a Talent Pool of
candidates retaining speculative and star candidates for
the future, and then contacting them when an appropriate vacancy is
advertised effectively generating applicants for free.
- Reduced Administration as all
applicants are held on a single e-recruitment system they can
be contacted individually or collectively with ease at the click of
a mouse, reducing the time, effort and cost of the administration
staff.
- Pre-filtering candidates the
use of job specific (killer) questions and selection
techniques allows the employer to focus quickly on the most
appropriate applicants and efficiently communicate with them very
important in a candidate short market where good candidates have
many options and expect instant response to their
applications.
- Using e-recruitment rather than
conventional print media or agencies - offering
considerable cost savings (90% or more) and extensive candidate
reach for most roles.
Additionally:
- Applicants received a much higher quality of
service, ranging from prompt and timely communications through to
the ability to select their own interview time through an online
interview zone all of which enhances the employer's brand making it
easier in the long term to attract staff
- Reduced time to hire all major employers using
e-recruitment systems report reduced time to hire which can have a
major economic impact for the employers, getting productive
employees in role quicker.
- Management reporting giving the employer the
knowledge to evolve the e-recruitment process.
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