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From Employer perspective I would say it Reduces the time to find and hire the qualified candidate, also reduced the hire of hire (per candidate), more opportunity to have a wider range of selection to the relevant Cv's, Filtration tools to find the right person who match the current selected criteria for the position, more exposure when it comes to (branding, highlight ) the Positions posted online, at the same time there's confidentiality for the employer who prefer to have no exposure. last but not least giving the opportunity for the employers to build up their own database
Poor talented professionals get chance to show their talent.
Every one is not able to attend the interviews managed by consultencies because they take a huge amount of money which is not possible for the Common people Asia (India, Pakistan, Banglades, Malaysia etc.)
Apart from the above mention advantage, what i have learnt is that, trough on-line recruitment, company branding is done within short time. The cost of tradition recruitment is save by large and if company is planning to hire expat then it is very convenient way of recruitment. As technology is changing and generation X & Y are opting more and more for hi-tech gadgets and they would love to follow the company online instead of sending resume and letters to potential employer.
The best benefit is time saving, and time is money, there are other several some also such as
1. You may save TA/DA
2. You can save telephonic bills
3. No worries about candidates reaching on the place and on time for interview
But still there is one big drawback with recruitment online too.
By online interview you may not judge a candidate personally better as compared he is in front of you.
give the chance to employer and employee to choose the best offer and decrease the time in this action
The company can choose the candidate, who is extremely talented, by doing screening test etc.
the company can save telephone bills. and can do other work simultaneously.
poor talented candidates , can also show case their talent.