The global E-recruitment market is witnessing significant growth and revolutionary changes in the way companies hire employees. A recent study conducted by AMA Research provides valuable insights into market trends, forecasts, and key players in the industry. E-recruitment, also known as online recruitment, is the process of using electronic resources to attract, assess, select, recruit, and onboard candidates. It involves web-based technologies that streamline the hiring process and make it more efficient and cost-effective for both employers and job seekers.
Some of the key players in the E-recruitment market include industry leaders such as Glassdoor Inc., LinkedIn Corporation, and StepStone GmbH. These companies leverage advanced technologies such as big data, cloud computing, and AI to enhance their recruitment processes and attract top talent. Glassdoor Inc. recently launched a popular salary calculator called Know Your Worth, which uses data science and machine learning algorithms to provide accurate salary information based on employee reports.
The market is driven by the increasing number of job seekers and the need for companies to hire the best talent at a lower cost. E-recruitment offers benefits such as faster hiring processes, improved candidate experience, and access to a wider pool of potential employees. However, challenges such as the lack of data-driven recruitment processes, poor candidate experiences, and difficulties in measuring candidate efficiency still exist.
The E-recruitment market is segmented by type (permanent and part-time), process (finding candidates, assessing, interviewing, hiring), end-use industries (manufacturing, public sectors, IT & telecom, etc.), and sources (external and internal). The regional analysis highlights North America as the leading region, with Asia Pacific expected to exhibit higher growth rates in the coming years.
To stay competitive in the market, companies must adopt new technologies in their recruitment and selection processes and innovate to attract top talent. The report provides detailed insights into market trends, emerging technologies, and strategies implemented by leading players to maintain a competitive edge. For more information on the global E-recruitment market, interested parties can visit the AMA Research website or contact their sales team for inquiries.
In conclusion, the E-recruitment market is experiencing rapid growth and evolution, driven by advancements in technology and changing recruitment trends. Companies that embrace these changes and adapt to new technologies will be well-positioned to succeed in the competitive hiring landscape.