Jobs are just a click away. The rapidly growing online recruitment market is witnessing a competition between jobsites and organisational websites to attract the right candidates. The past year has shown major growth in e-recruitment advertisements, which cost 80 percent less than newspaper ads and is about 10 times cheaper than hiring consultants. However, when it comes to assessing the exact impact of the advertisements, very little is known. The focus is still on collecting data, saving time, cutting costs and having a wider reach. And for the job seeker, the concern is choosing the right ad among the thousands. So, how does a company ensure that its ad is among the most attractive that can lure prospective candidates?
Most prospective candidates today go through various recruitment sites and keep a tab on what is happening in the job market. The chances of getting them to spot an online recruitment ad are much better than that of print or electronic media. In fact, it would be effective in case of mass recruitment. Industry statistics reveal that 100 percent of the high tech companies in Global 500 list, and 89 percent of Fortune 500 companies, already use their corporate websites for recruitment. Of these, 17 percent are receiving 75 percent of the résumés online.
Experts however point out that the industry is still evolving and a lot is yet to happen. “It is the ‘pull advertising’ as against the ‘push advertising’ of the traditional media. Use of rich and interactive multimedia content in online advertisements offer a rich emotional involvement for the targeted user. That benefits the recruiter as well as the users,” says Wg Cdr Naresh Taneja, the head of human resources at HCL Technologies, Mumbai (formerly Gulf Computers).
N Muralidharan, the managing director and vice president of JobStreet.com India, believes that there are two mantras, which make online advertising very attractive for corporates—“sourcing” and “processing”. “Online ads are visible anywhere, anytime and this is a powerful sourcing tool. For corporates looking at candidates from across the world, tools such as ‘Job Alerts’ virtually remove the possibility that a candidate may not see the ad. There are also powerful applications in e-recruitment, such as database capture and retrieval using data warehousing or data mining tools. Over a period of time these will only get better as the captured database increases and technology improves.” On the other hand, “processing” helps HR managers to save time and costs.
“Online advertising combined with the use of online screening and testing tools has become imperative for companies,” says Akhilesh Mohan, the vice president of HR with HFCL. A survey by Monsterindia reveals that the cost per hire on average using traditional media, including placement consultants, varies from Rs 25,000 per candidate to Rs 100,000 for senior positions. This figure can theoretically be just Rs 1,500—the cost of a simple ad on a site—in case you are able to find the right candidate.
Nilanjan Roy, senior manager-corporate marketing, JobsAhead, believes that recruiters now want to shortlist candidates on hard skills, and then narrow down on soft skills. “The Internet offers a unique opportunity to shortlist candidates on hard skills from a wide geographical area, at a minimal cost and fractional time, when compared to traditional recruitment mediums,” he elaborates. Dr Gobind Baghasingh, vice president-HR of Divine India, adds, “E-recruitment comprises 60 percent of our hiring plan. We have tie-ups with jobsites such as JobsAhead, Monster, Hot Jobs and Naukri for placing our ads.”
Taneja reminds that e-recruitment is not just limited to approaching a jobsite and tying up with them, a company’s own website also plays a critical role in this endeavour. Corporates have realised the value of branding through their websites while attracting job seekers. Agrees Dhruv Shenoy, the vice president of marketing of Monsterindia, “We believe that a company’s website is one of the most prolific and critical sources of talent for the organisation.”
An Internet usage survey by Nua recently found that 91 percent of Global 500 companies are using their corporate website for recruitment compared with 51 percent for Monster, 43 percent for HotJobs and 22 percent for CareerBuilder. Not only that, the number of job postings available with Fortune 500 corporate sites are 75,000, compared with approximately 25,500 with Monster, 13,200 with CareerBuilder and 7,800 with HotJobs.
It is almost a norm for companies to first search their own database of candidates applying through their corporate website. If they are unable to find the required resource, then only they think of using jobsites and online advertising. But whenever they do resort to advertising, it is primarily to combine it with the corporate brand building exercise rather than solely seeking to fill the vacancies. And the remaining requirements are met through print ads, employee referrals, campus recruitment, job fairs and There is an increasing trend of companies to set up their own websites for attracting candidates. Naukri.com enables organisation to have their own microsite exclusively meant for HR needs. “This is the kind of value-add which we can provide to our clients and is a win-win situation at both the ends,” says Ambarish Raghuvanshi, director and chief operating officer of Naukri.com.
Organisations like Wipro have invested a lot in terms of people, processes and software for making their recruitment process a robust one. While the company seeks jobsites to help generate a database, the processing of applications is done in-house, which is as per the organisation’s requirement. Besides this, the company also encourages job seekers to directly apply on their website, which not only helps them create a brand, but a better relationship. For this the company has also created a separate form, with in-depth options for an individual to fill in.
A survey of 35 corporate websites conducted by Monsterindia suggests that close to 95 percent of the sites, with their current design and content, cannot attract job seekers who come to their website. A few months back, in a Monster meter poll, job seekers were asked: “What’s the first thing you look for in a job ad?”. “Job description” was the most important factor (45 percent), followed by “the company” (29 percent), “the position title” (19 percent) and “the location”, averaging 7 percent. It is therefore clear that HR managers have to spend quality time in drafting the job description for every vacancy they advertise. “Online job ads require and demand the same kind of attention that newspaper ads do. And one has to be as creative to make the ad work. For there are more jobs online than there are in print and similarly, there are more people out there who are looking at the ads. A good job description not only gets the right resumes but also keeps the junk resumes to a minimum,” points out Shenoy.
Thomas Abraham, the country director for Interract Commerce, says, “The time to communicate is very important along with the ‘brevity’ and language appeal of the matter.” As job seekers today are a more informed lot, they do a backgrounder check on the company before joining. Hence more the information provided in the advertisement, more will be the applications or response the client would receive. The language, words and website design, all play a role in the advertisement online, apart from the content itself. Agrees Subhash Bansiwal, head-strategic competencies, SunTec Business Solutions, who feels that headline and appropriate words are more critical because it is a search-oriented medium. It has been found that almost 80 percent of job-seekers are already employed and are relatively secure and moderately satisfied with their jobs. They are the ones with necessary skills and experience. These potential passive job-seekers would not hesitate to make the switch if the salary was right and they felt comfortable with the new environment and the work culture of the company. Therefore, they want more than just the basic information about the job and responsibilities. All this can happen only if the content of the career page is able to excite and ignite their interest. Then there are other important technical aspects to be considered like speed of the Internet connection, download speeds from the company server, ease of navigating between different sections of the website, availability of number of options to enable the submission of the applications, etc.
Online recruitment advertisement is going to grow and will be of immense assistance in junior and middle-level recruitment. Senior positions require a different strategy. Most of the big enterprises are tying up with some of the best jobsites throughout the world and developing a proper network for getting the best talent suiting their requirement. They are using their websites as a very productive tool for recruitment. What needs to be kept in mind is that the search should be well-designed, with comprehensive information, and has to be transparent.
As a trend, it is no more a concept sale. People are realising the power of this medium as well as the impact it can have on cost savings. While technology companies were the early adopters, today other industries are also embracing this medium. With the Internet penetration growing, one can be certain of the popularity of this medium.







