A
year back when the first news portal, which was based at Singapore,
announced its premature retirement from the portal scene, every
one predicted a disaster-prone future for the dot-com business industry.
Nowhere is the economic slowdown having more of an impact than at
Internet staffing companies, where business is booming. Though overall
Web use continues to be flat, or in some cases slipping, surfers
seeking jobs are flocking to recruitment sites in record numbers.
Massachusetts-based monster.com said it
had 5.66 million users in February, a 59 percent increase over the
same month a year earlier. The site attracted 55.1 percent of all
job seekers who went online to find work. monster.com is posting
more than 40,000 resumes a day. The company confirmed this, saying
it has 8.8 million resumes on file compared with about 3 million
last year at this time.
About 65,000 people have lost their jobs
in the dot-com sector in 2001, and the short-term outlook remains
bleak. The entire high-tech industry appears to be under siege,
as stock prices slump to all-time lows and more companies announce
further belt tightening which generally translates into layoffs.
The factors that differentiate online recruitment
sites from other sites are many. The very foremost was its easy
accessibility on any measure; online recruitment is now a viable
option for many industries. At best, the Internet is a stand-alone
solution, but it can enhance a recruitment campaign by complementing
more traditional media, including newspapers, direct mail or radio.
The Internet provides unprecedented accuracy in targeting-by age,
location, day of week and profession. The time it takes to find
a job has been reduced down from several months, to minutes.
The Internet delivers an interactive capability
unmatched by any other communications medium. Now we are living
in an age in which the interviews and other customary exercises
are going through video conferencing and chatting. Going beyond
simply reaching the relevant candidate with your message, the Internet
allows you to engage them in an online dialogue from which each
party learns more about each other. When the job sites blossomed
first, many media barons tried to write them off. But now the same
media houses depend on these job sites for their needs. Same is
the case with the multinational giants. You cannot find their ads
in newspapers or in visual media. Instead they depend online agencies
for their needs.
Since the job sites began in earnest four
years ago, the number of job seekers and employers using them has
steadily grown. And four of the 10 leading job sites have decided
that the best way to capture a significant piece of the over saturated
market - and perhaps the only way to complete with the job search
giant, moster.com is to merge. Why are you waiting for the job to
come to you, it is just only a click away. Go through the carrier
sites, we wish you a happy browsing.
Useful
Recruitment Sites
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