Coming to the point, the process of recruiting developed by companies over the years did give good results most of the time but at a very high cost.. MONEY in the corporate sector is directly proportional to the TIME invested on a task, in this case Recruiting people.

The obvious choice was to rope in the Internet and use it to completely revolutionizes the concept of recruiting human resource, by reducing recruitment cycle time & cost.
They called it HR-Benchmarking .

One recruitment ad in the newspaper; a deluge of resumes! Sifting through the pile of prospective employers� profiles, HR managers often wonder if they are getting to the right people.

A huge number of companies are switching to e-recruitment, and the driving factor is the speed at which the Internet works. Waiting for weeks and even months for Mr. Right to make his appearance is now pass�. 45% of all the Fortune 500 companies have turned to e-recruitment, and it�s time for the others to follow suit!

Job portals and e-recruitment is the most cost effective option. The HR Manager needs to specify the criteria and voila! The search engine does the short-listing based on the criteria and can email the candidate immediately. These services are provided by the job-site and the Corporate needs to pay a certain premium to use the job site and its services to hire for their company.

In course of time, online recruitment will eclipse all other hiring methods. Technology advancements will make things even easier for the employer. With advanced videoconferencing equipment, employee-employer interaction will soon be history.

How does e-hiring impact a recruiter like you?

The biggest advantage would be the reduction of cost by 78% (source IDC, India, EMA�s 1998 Cost per hire study). A 60-day job posting on a typical International job board costs about $300 while an employment ad in one issue of the Sunday New York times costs $917 per column. This is reason enough for a recruiter to shift to hiring on the net!

The process also increases your search boundaries, and you do not have to restrict yourself to one geographical area. The best talent is at your beck and call. Recruiters the world over plan to increase online spending by 52%. (Forrester Research, Feb 2000).

Isn�t it time you considered e-hiring too?

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