17-05-2012, 02:01 PM
E-Recruitment -A new facet of HRM
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The paper presents the main methods used in e-recruitment and e-selection processes. The discussion of e-recruitments and e-selection methods does not, however, negate the importance of more traditional tools, based on the face-to-face interaction or on a less technologically advanced medium.
The buzzword and the latest trends in recruitment is the “E-Recruitment”. Also known as “Online recruitment”, it is the use of technology or the web based tools to assist the recruitment process. The tool can be either a job website like naukri.com, the organization’s corporate web site or its own intranet. Many big and small organizations are using Internet as a source of recruitment. They advertise job vacancies through worldwide web. The job seekers send their applications or curriculum vitae (CV) through an e-mail using the Internet. Alternatively job seekers place their CV’s in worldwide web, which can be drawn by prospective employees depending upon their requirements.
The internet penetration in India is increasing and has tremendous potential. According to a study by NASSCOM – “Jobs is among the top reasons why new users will come on to the internet, besides e-mail.” There are more than 18 million resume’s floating online across the world.
Meaning:
• E-Recruitment is also referred as Internet recruiting, is the use of the Internet for attracting, hiring and retaining job seekers. This involves matching candidates and validating their skills and qualifications.
Introduction:
Human resource is no longer considered a business requirement; rather it has distinguished itself as one of the core assets of any organization. The statement by Mr. Narayan Murthy, “My Company’s assets walk out of the door every evening,” truly captures the dynamics of new economy. With such a great emphasis on human capital, it is critical for every organization to resort to means that offer quality recruitment solutions at competitive costs.
This is where the realm of e-Recruitment starts. The Internet is no longer just a rage; it has now become a very powerful and effective tool at everybody’s disposal. E-Recruitment is simply using this tool To Hire Whom You Desire.
What is E-Recruitment strategy?
It is the integration and utilization of internet technology to improve efficiency and effectiveness of recruitment process.
As usage of internet became widespread, the wave of e-Recruiting innovation was the creation of career section of corporate web sites.
The early innovators achieved great success with a status of “employer of choice” and they mostly enjoyed the improved recruiting efficiency that comes with corporate website recruitment.
By 2002, corporate website recruiting has reached close to complete adoption among the largest corporations. The mere possession of a corporate career website is no longer sufficient to differentiate a company from its competitors.
Leading corporations are incorporating new and innovative solutions to maintain competitive advantages, particularly in the integration of front-end career websites with back-end data management systems to complete an e-recruitment solution.
Evolving Face of Recruitment: E-Recruitment
Conventional recruitment has always been a time consuming and paper intensive process. They also tend to stress out your monitory resources. Online recruitment agencies are looking to remove the headaches associated with finding the right person or job. Appealing to both active and passive job seekers, recruitment web sites save companies and job hunters both time and money. Online recruitment is not just restricted to specific web sites either; many major companies are using some form of e- Recruitment, enabling candidates to e-mail their CVs to the human resources department.
E-Recruitment, though at nascent stage, is becoming a part of corporate strategy with increasing numbers of companies setting aside budgets for online recruitment. E-Recruitment practices -- using the Internet to find candidates for job openings -- have established some roots in the business world, but are far from refined. However, the primary benefit is clear and convincing: You can get your message out to more candidates, faster.
Why e-recruitment solutions?
• Centralized platform
Collects candidate information in a standard format .
Consolidates data from multiple recruitment sources .
• Streamline workflow
Automates workflow from job requisition to completion of the hiring Process .
Captures and files candidate information and history for future retrieval by all users of the system.
• Better communication and increase productivity
Shares knowledge and information between hiring team members online in real time
Collaborations with colleagues to increase productivity .
• Less paper
Electronically collects and files information to reduce paper usage.
Reduce manual administrative workload.
• Candidates pool
Locates qualified candidates within a private pool of talent with precision .
Centralized database collects and provides candidate information for various units and locations.
• Centralized reports
Provides consolidated HR reports for the entire organization
• Save cost and time
Improves productivity and reduces hiring expenses in the long run