Online recruitment is now one of the most popular ways to source candidates within the recruitment industry. As the world continues to become more technologically advanced, the way in which we recruit has evolved.
The majority of job seekers, particularly younger ones trying to get a foot on the ladder, are using online job boards to find their prospective career. This shift away from the older styles like a local paper’s job section or heading to the Jobcentre has helped the online industry see significant growth, even when faced with the harder times seen in the depths of recession.
Of course some could argue that it was this crisis that helped to boost the industry as many companies sought to reduce their spending and seek cheaper alternatives, as in many circumstances HR/Recruitment can be one of biggest expenses to a business.
The solution? A form of online recruitment most commonly known as flat-fee online recruitment. This new recruitment solution is perfectly placed to take advantage of the growing use of online job seeking. But what exactly is it? We take a look at how a flat-fee recruitment model works:
- The flat-fee recruitment company receives a role from the client. Then the online recruiter creates a bespoke online advert and uses their expert knowledge to place the role on multiple job boards.
- As candidates search, find and apply for the role, the company screens and scores candidates ready for the client to decide on who they wish to interview.
- Once the vacancy has closed the online recruiter then proceeds with all candidate communication and invites any shortlisted applicants to interview. The company will also inform any unsuccessful candidates that they have not been selected this time.
- Some flat-fee recruiters can also provide additional services such as psychometric testing or telephone interviews, should a client require it.
- Once the interview stage is complete all communication is again carried out by the online recruitment company.
This complete management of the hiring process helps save companies not only money due to the flat fee, but also, crucially, time.
With this in mind there is no wonder that companies have seen the potential of utilising this form of recruitment. Also with the growing use in technology, and online usage, the potential candidate reach offered by this model is ever growing.