Driving forces fueling the Online Recruitment Market in the US



From print advertisements, engaging with a recruitment consultant and online postings on a company website to popular job boards, henceforth in the hiring industry, we talk and hear about automated recruitment processes, social media and online recruitment.


For the stakes related convenience, the overall cost and time involved, it is obvious that, the future belong to the online recruitment.
According to Technavio, online recruitment market in the US expected to reach over USD 9 billion by 2020.
 
Now, with the advent of social media, hiring managers and recruiters are required to be more proactive in their approach. 

One can observe that, Companies are molding policies on internet use, sales and marketing, recruitment, and employee retention to leverage social media.

The use of mobile devices for job notifications allows candidates to connect with recruiters anytime and anywhere. 

Online recruitment reduces the time spent on searching and sorting a potential candidate.

Technavio revealed other driving forces behind the growth of the online recruitment market in the US are as follows:
  • Proliferation of mobile devices
  • Substantial cost reduction
  • Demand for automated recruitment processes.