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Today the Internet provides people with a lot of opportunities not only to organize their communication, the search of the information, and entertainment but also to stimulate the process of seeking for the job positions. It is possible to speak about the tendency to use online job markets for the job search oftener than traditional job markets which are based on the system of advertisements.
The contemporary online job market addresses the demands of the society and depends on the speed of the information interchange.
Thus, online job markets have a number of advantages over the traditional job markets both for the job seekers and employers according to five characteristics which are the opportunity to seek for a job globally without references to the location, the low cost of the procedure, the ability to exchange the information directly between the employee and employer, the speed of the procedure and communication, the opportunity to conduct the interviews online from any location.
If some years ago the possibilities of the online job market were predominantly used by high-tech professionals, today the majority of the job seekers use the Internet as the major field for their search.
The active usage of the opportunities presented by the Internet contributes to avoiding any limits connected with the process of seeking for a job at different territories. Today the location of the applicant and the employer cannot be discussed as the significant factor for choosing this or that position.
The global online portals present the information about the positions at any corner of the world and because of such a wide expansion the applicants can effectively provide their resumes with the help of the Internet portals.
From this point, the activity of the recruiting firms can be considered as the efficient help for the job seeker to find the best employer and for the employer to find the highly qualified personnel who can meet the employer’s demands (Turban et al., 2010).
When the job seekers provide their resumes and applications with the help of the Internet this process saves their costs. Moreover, the employers have even more benefits presenting the advertisements via the Internet in comparison with those costs spent for advertising and application processing within the traditional job market (Turban et al., 2010).
The next important characteristic of the online job market is the possibility to receive all the necessary information and documents from the employee and employer with the help of e-mail. The information transmitting within the traditional job market is not so quick in comparison with the possibilities to provide the information online.
This characteristic is closely associated with such a factor as the speed of communication. The job seeker and employer have the opportunity to receive the answer to their questions directly and quickly.
Furthermore, if the applicant lives in another city or even country, it is possible to conduct the interviews online with the help of the modern communication technologies. This procedure is mainly characteristic for the online recruiting process and is more effective in comparison with the traditional interviews with using the phone.
The contemporary online job market has a lot of advantages in comparison with the traditional job market because it is based on the principles which explain the development of the modern society.
Thus, they are the speed of communication and the ease of the access to the necessary information. That is why the main five advantages of the online job market are closely associated with these factors.
Reference
Turban, E., King, D., Lee, J., Liang, T., & Turban, D. (2010). Electronic commerce: A managerial perspective. USA: Prentice Hall.
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