Technology drives lives of contemporary people, and there is no doubt that it impacts economy as well. Every segment of economy has experienced certain changes under the revolutionizing breath of technological innovations, and the recruitment industry is not an exception.
In order to understand the evolution of Recruitment industry and evaluate the impact of technology; it is necessary to understand its core first. The concept of recruitment implies an end where employers and employees needs meet. Employers look for filling positions in their companies while employees seek a job placement. Companies may have in-house recruiters who will be responsible for sourcing appropriate candidates or they can directly consult recruitment agencies for providing outsourced solutions.
In the past, recruitment process was a very challenging and time-consuming practice. Employers had to place advertisements in newspapers or register their needs in special recruitment exchanges and then wait ages for candidates to show up with CVs (Zaheera, Khan, Senthilkumar 2015). Under those conditions, agencies providing candidates in more efficient and fast way were considered to be a life-saving solution.
According to Boydell (2002), the rise of the informational age has turned traditional ways of recruitment upside down, and new notions such as ‘e-recruitment’ penetrated the recruitment industry. The Internet, in particular, has opened unlimited opportunities to reach a wide audience with one click, and attract desired candidates more quickly and efficiently. Therefore, this revolution has made recruitment process technologically dependent.
It can also be argued that the Internet has made companies more independent in terms of candidate sourcing. With an availability to advertise positions via online sources, employers have got an access to the global talent pool. What is more, modernized online tools have made it possible to analyze CV’s of millions of candidates without a human touch. As a result, the importance of corporate recruiters has grown significantly, putting recruitment agencies under a high pressure of competition. (Tolan 2015)
To sum up, I would like to highlight that technological revolution has changed the ways recruitment works. From a very difficult process of placing vacancies and a long process of recruiting the right candidates, technologies have provided endless opportunities both in advertising and in recruiting candidates without services of recruitment agencies.
PS: In my next article, I’d like to investigate newest trends in ‘e-recruitment’, from using a corporate website, job boards, online professional networks, and social media, to the newest market offers such as recruitment software and other tools.
Boydell, M., 2002. ‘Internet recruitment helps HR careers’, Canadian HR Reporter, Feb 11 2002, Canada.
Tolan, J., 2015. ‘Three Trends Changing The Way Of The Recruitment Industry’, TalentCulture, USA.
Zaheera, A., Khan, N., and Senthilkumar, S., B., 2015. ‘E-Recruitment: Criteria for its Effectiveness and Modern Trends’, International Journal of Business Administration and Management Research Vol 1(3) Oct-Dec 2015.