Article

Online Recruitment Agencies on the Rise

Topic: Business ConsultingPublished May 3, 2011

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In this world of constantly changing work scenarios, those firms using traditional recruitment agencies find themselves outdated. Today, with the World Wide Web becoming the most prompt interface for communication of all kinds, employers may search for the most suitable worker through the means of the internet. While most of us naturally associate such a manner of recruitment to online job portals, a new trend has entered the virtual world of recruitment wherein website companies offer low cost recruitment services, by placing the hiring firm’s advertisements in all online job portals, CV databases and similar sites. Such companies provide for flat fee recruitment, wherein firms don’t pay them per candidate hired, but by duration of the recruitment campaign. Most online recruitment agencies provide employers with variously priced campaign packages depending upon the duration of recruitment they wish to undertake. Within that given duration, a singular vacancy advertisement drafted by the recruiting firm is processed by the online recruitment agency which has access to the advertising and CV databases of other leading online portals, like Total Jobs, Reed, Monster and so on. While some firms may equate such a procedure with placing separate advertisements in all job portals, these online recruitment agencies provide for very low cost recruitment, thus saving expenses. The most striking feature of such website companies is that they allow for the recruiting firms to interview and hire as many candidates as they require at the fixed campaign price. Moreover, given the assurance of ‘guaranteed money back schemes’ if no recruitment takes place, this flat fee recruitment option appears to be most appealing. Most companies prefer this nature of low cost recruitment when they plan to hire a large workforce with similar credentials. For instance, if a software developing firm wants to hire a team of freshly graduated engineers as soon as possible, it can approach an online recruitment agency, and avail the benefits of a 2 week campaign. The agency will place or publish their advertisement wherever appropriate. Then, candidates who are looking for such jobs, across the spectrum of online job portals, CV databases and social networking sites, can contact the software firm directly and act accordingly. In such a scenario, it is hardly possible to think of a superior way of conducting and handling recruitments. While the concept of low cost recruitment through online agencies is relatively new, its popularity is growing across the barriers of nations, once again reforming the dynamics of employer-employee communication.

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