Online recruitment also known as E-recruitment or internet recruiting allows businesses to use various internet-based solutions – for example, online advertising, job listings, social media and company websites to source and hire the best candidates.
The prolific use of the internet for recruiting has made it easier to source candidates and conducts interviews as well as process the relevant paperwork required to hire and train candidates.
Online recruitment is a way to provide businesses with an efficient and cheaper way to fill positions. For hiring candidates, employer use different candidate assessment tools.
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In short, the advantages of online recruitment include:
• Providing your company with a competitive edge.
• Online recruitment provides your hiring team with a better applicant pool.
• Online recruitment saves time and money by using automation and AI to screen applicants.
• Automation from online recruiting can also be used to communicate with a large number of applicants at one time.
Cost effective recruiting method
Recruitment costs can add up very quickly. This is because recruiting costs not only take into account the actual expense of sourcing and hiring candidates, but also onboarding, training and retention counts.
Every employee needs to get the proper training and onboarding within a set timeframe to be proficient at their job. If there’s a high turnover rate within a short amount of time, it means the employee will have left the job without the company recouping their recruitment costs.
The recruitment life cycle will have to begin all over again. Using cost effective recruitment methods significantly reduces the amount you spend.