Online Job Marketplaces: Current Trends and Future Growth Scenario



Digitalisation has really made our life easier as it has everything to offer us right from apparels, shoes, accessories to a job. Gone are those days when people used to visit each and every company with their CVs but nowadays one can easily get a chance to improve their future by getting selected in one the topmost companies. In India, there has been an expected growth of about 1.2 billion in the digital advertisements by the year 2020. The recruitment consultants in Lucknow are trying to increase the number of digital classified in different sectors for the job seekers.

Emerging Trends in Online Job Portals

There has been a major growth encountered in the online job marketplace in India within a few decades. With the coming up of some online job portals like Naukri, Shine, Monster from the year 2009 and 2010, the process of hiring has reached a new level altogether.

Have a look at some of the emerging trends in the online job market

§  Earlier companies used to adopt employee referrals or walk-ins for mass recruitment but nowadays, employers are shifting towards digitalised ways for hiring skilled work force.
§  In the present scenario, there has been an emergence of niche businesses which are providing value added services.
§  With an increase in the competition levels, changes in the skill requirements have drive change in recruitment procedures.

Opportunities Offered By Job Portals

Job portals can be taken as an important platform that connects job seekers with the recruiters. Job seekers are able to search for the job that belongs to their particular domain. It can well be said that job portals have minimised the cost of having a middleman and also the job matching costs. There are some free online job portals that are widely accessed by people.

Not only the candidates rather the employers could get a scope to search for the eligible ones. Recruitment consultants in Lucknow that is getting an opportunity to post job profiles in a more effective manner. Furthermore, inequality is getting removed with these job portals. The process of recruitment has turned out to be more effective as well as free from prejudices.

Future of Online Job Market

In the future there are assumptions made that under-served recruitment arena is going to encounter a steady growth. Companies have to resort to high standard recruitment model. The method of screening of profiles need not be based on certain restricted parameters like experience or demographics.

There should be more emphasis put on data analytics in the future years. A tremendous hike in the use of digital marketing by the job seekers is assumed. There can be even trend of specific searches based on city like jobs in lucknow and it might prove fruitful for future job seekers.

So, it can be said that online job market is going to undergo changes for making the recruitment process easier and hassle-free. 

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