How Your Company Can Save Time and Money with E-recruitment

Jul 12
08:04

2011

Chris Jenkinson

Chris Jenkinson

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As well the considerable time and cost savings applicable to using a bespoke e-recruitment solution, there are numerous benefits for the applicants also. Candidates are able to view your business at first hand and apply directly to your organisation. This is a more positive option than having to progress through various agency processes before getting to meet the employer.

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Let’s face it,How Your Company Can Save Time and Money with E-recruitment Articles finding precisely the right candidates to fill your job vacancies can be excessively time-consuming and costly, what with advertising fees, agency fees and administration costs.

E-recruitment developers can make the whole process of finding new staff easier by creating an online recruitment solution for your business that fits your requirements perfectly.

Benefits of using e-recruitment for the employer:

  1. Savings of up to 50% compared with offline recruitment costs.

Cost savings are typically achieved through:

  • Reducing the number of off and online media advertisements placed.
  • Creating smaller advertisements directing candidates to the recruitment site.
  • Gaining candidates for free direct from the website.
  • Reduced or nullified agency fees.
  1. Hiring time slashed by up to 60%.

Implementing an e-recruitment system means that you will be able to:

  • Advertise your brand and current vacancies to a global audience 24/7 via your company website, job boards and social media networks.
  • Streamline and reduce the administration procedures.
  • Deal with a high-volume of job applications consistently.
  • Identify suitable candidates early in the application process.
  • Provide a more straightforward and professional experience for applicants.
  • Shortlist candidates faster through online aptitude tests.
  • Create talent-pools of candidates for future vacancies.
  • Secure the services of your first choice candidates virtually immediately, rather than risk losing them to a competitor.
  • Report on every aspect of the screening/ hiring process, thereby satisfying HR requirements, stakeholders and legal obligations.

Benefits for the job-hunter:

  • A more personal relationship with the prospective employer.
  • Candidates receive quicker feedback on their applications.
  • Applicants get a preview of the company and ‘office culture.’

According to the CIPD, seven out of ten employers regularly advertise vacancies on their corporate websites and this is predicted to increase year on year. The British Market Research Bureau reports that the Internet is currently the favoured job-hunting method for 1 in 4 UK adults.

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