Tuesday, June 19, 2018

Five Things Lost For Candidates And Companies With Online Recruiting

With the advent of online recruiting, actual recruiters have often been cast aside by companies. While they are saving money, there is a huge hidden cost.  Here are five things that are being lost both for companies and people.

1)    The Quality of candidates is suffering
The best candidates often are not online and do not use the online recruiting sites. So, for the most part, companies only receive the résumés of the people who are actively looking online.  Recruiters often know the wishes and desires of their best candidates and only send them when the most appropriate jobs show up.
Although I have not seen empirical evidence, I will bet turnover has increased.

2)    Mentoring
Over the years there are dozens, if not hundreds, of candidates I have been       able to guide and help.  It is one of the joys of recruiting, especially for a single industry recruiter.  There are people whose careers I have actually managed – both junior executives and those well into their careers., including presidents and CEO's. 

Because companies have cut back on the use of recruiting, this benefit is unknown to many young people.

The corollary to that is that many recruiters have left the business and companies have lost the counsel of many who knew their companies well.

3)    Long-term relationships with management have been hindered
Recruiting is a relationship business – both with candidates and companies.
Good recruiters know the principals and hiring managers of many of their clients.  Consequently they know who fits and who will succeed.

Human resources and the network owned company managers, because they are not allowed to use recruiters, are often precluded from taking advantage of this valuable service. 

When a great candidate is spotted for a likely company, it is becoming more and more difficult to market them to that business.

4)    Working with résumés
Effective recruiters can maximize people’s candidacy by interpreting, explaining and often rewriting (or directing the rewrite) résumés.

5)    Recruiters know and understand jobs
Working with recruiters speeds up the recruiting process.  They are familiar with companies and hiring managers and often know the ins and outs of specific jobs so that they can quickly access appropriate candidates.  

Online listings rarely contain enough information and, as a result, companies may receive dozens, if not hundreds, of inappropriate résumés which have to be screened and interviewed.  This is time consuming and costly.  And it often costs companies exceptional candidates. 

Good recruiters are also objective about salaries and are most often able to make deals that are fair to both sides.  People don't like to negotiate for themselves, finding it uncomfortable.  Recruiters can negotiate appropriate salaries commensurate with the job.  This may help lower turnover.


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