Preview

Online Recruitment Goes Virtual

Powerful Essays
Open Document
Open Document
1315 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Online Recruitment Goes Virtual
SMU

I?

Publication: The Business Times, p 12
Date: 2 January 2012
Headline: Online recruitment goes virtual

Online recruitment goes virtual
Quantine has come up with a p ortal that allows firms to hire faster and at lower cost. By Teh Shi Ning

E

CHOING the calls for "cheaper, better, faster" workers,
HR solutions start-up Quantine is offering an online recruitment platform which it thinks will help employers hire "better, faster, stronger".
And its founders, Daryl Low, 30, and
Kenneth Yap, 28, have ambitious plans for the two-and-a-half-year-old firm to become better, faster and stronger. "We want to compete against the large, established recruitment portals out there, the
Monster.coms of this world," Mr Low says. It may seem a lofty aspiration for what started as a firm selling HR departments skills assessment software, but Quantine has taken at least one big step towards it.
The duo, who decided to launch this business after graduating from Singapore
Management University, speak with obvious pride of their latest product, the
Next-5.com recruitment networking platform.
They say it has the potential to revolutionise online recruitment, by turning the current "passive" hiring on online job portals on its head with active creation of talent networks "for HR professionalsto connect with, engage, assess and hopefully, hire". The partnerships with aptitude and skills assessment providers such as Canada's Walden Testing, to run tests on behalf of human resource departments here, remains at the core of the Next-5.com platform.
But the crown jewel of their portal is a virtual interviewing platform launched last August. This allows employers to create and store templates of interview questions for various roles. Interested candidates may then access these questions over the portal - as though the interview is being conducted live - and using a simple laptop webcarn, record their responses for the employer's HR team to review

You May Also Find These Documents Helpful

  • Better Essays

    Hrm520 Unit 3 Assignment

    • 2953 Words
    • 12 Pages

    According to Heneman, E-recruiting can be utilize to reach candidates of any career level, geography, industry or other parameters online recruitment portals typically have current and active talent databases that cover all career levels, industries and regions (Heneman, 2006). Therefore, organizations need to ensure the applicant databases are updated with the best diverse talent to select from when vacancies arise. Organizations should also make sure they establish affiliations so that the portals are always prominent and updated with relevant candidates. Not to mention, it is important for various applicants to visit the organizations career site regularly to have a large talent pool to choose…

    • 2953 Words
    • 12 Pages
    Better Essays
  • Good Essays

    The tentative framework of ongoing recruitment requires implementation strategies and practices to employ skilled qualified individuals who can learn and grow at the precipitous rate of growth and expansion of the business. The recruiting, training methods and strategies to retain valuable individuals are based on the HR approaches utilized to select individuals who will excel in performance with the company. Bradford Enterprise selecting individuals who bring value and the needed skill sets for position within the company is a major focus and concern. Having the appropriate, qualified and trained staff supports company growth. Employees of this caliber will perform by learning to be high achievers with development and training offered by Bradford Exchanges. Bradford Exchanges using specific HR approaches to test applications by using various testing options to determine the skill level and set of potential applicants. Using HRIS streamline data collection and analyzation of individual’s experiences, education and general qualification outline by reducing time to review by having features to conduct queries based on specifications. One of the best ways to ensure a bright future and success is to make sure that employees are properly trained and prepared to perform a role with the duties assigned. Creating a…

    • 832 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Strategic staffing works as an essential key element to recognize and deal with the concerns related to staffing in various departments of an organization. Staffing is broadly defined as process of attracting selecting and retaining competent individuals to gain organizational goals. Every organization use some form of a staffing procedure and staffing is the primary way an organization influences its diversity and human capital. The nature of work in 21st century presents many challenges to staffing. Companies are having hard time to find competent employees. Some reports indicate that half of employees are passively seeking for another jobs and a sizeable minority is actively seeking new jobs. This is such a problem that many organizations actually face greater recruiting challenge than a selection challenge. Selection will only be effective and financially defensible if a sufficient quantity of employees apply to the organization. Traditional staffing method may cost more money and may prove less effective. The Internet is a medium to facilitate this transaction of buying and selling labor. The appeal of doing business on the Web is obvious. The Internet brings together buyers and sellers of goods and services and by automating transactions, web markets expand the choices available to buyers, give sellers access to new customers and reduces transaction costs for all the players (Kaplan and Sawhney2000).…

    • 3399 Words
    • 14 Pages
    Best Essays
  • Good Essays

    LS312

    • 1818 Words
    • 8 Pages

    Proactive recruitment happens when a company aggressively looks for applicants. Companies will use different sources that will make a concerted effort to find qualified applicants in a timely manner (Arthur, 2001.) Our…

    • 1818 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    The technique an organization employs for its recruiting practice depends on how employment opportunities come available. However, the size of an organization will have an effect on recruitment functions. Job analysis is considered to be the cornerstone of an (HRM). Therefore, internal selection of candidates can come through employee profiling (Snell and Bohlander, 2013). In most cases, larger firms may provide their own intranet websites for job opportunities that come available. There are employees that meet additional qualifications in other positions within the organization. In addition, electing to recruit internally can also cut cost for advertisement. Hiring internally allows the organization to find employees that quality for other jobs openings. On the other hand, recruiting externally is another way organizations are adopting a source for posting career opportunities. Organizations are using Facebook now as their social network. More and more people are seeking job opportunities through social networking. In addition, organizations have started to create their own facebook page as a way of promoting career opportunities as well (Snell and Bohlander, 2013). Recruiters have also taken out ads to post or attract external employment opportunities that come available. One reason for hiring externally is to avoid losing top performers of the…

    • 1663 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Hrm 300 Week 1

    • 789 Words
    • 4 Pages

    Constant legal changes and advancements to technology have created an increase in responsibility for HRM. Legalities organizations are required to follow witness constant changes, which require HRM to be both educated and up to date with the laws that effect their organization. The slightest of mistakes could result in fines, lawsuits, and in some cases an organization being shut down entirely. Those employed within an organizations HRM are expected to know these laws to refrain from violating employment laws, employment practices, and more. Another challenge those in HRM face with today’s work environment is adapting to the always-changing advancements in technology. In many instances HRM recruiters today will recruit and hire a candidate without ever actually meeting the individual. Those candidates who do receive face to face interviews typically get that opportunity only after passing through several other stages including a resume review, written online interview, and a phone interview. Technology has created opportunities for both small and large…

    • 789 Words
    • 4 Pages
    Good Essays
  • Better Essays

    D1- Evaluate the usefulness of the documents used in the interview pack for a given organisation, in facilitating the interview process.…

    • 3492 Words
    • 8 Pages
    Better Essays
  • Good Essays

    From large job boards like Indeed to niche job sites, from networking on discussion lists to sites such as LinkedIn, Facebook, and Twitter, networking and recruiting will never be the same again. Human Resources employees have either kept up with the new ways of interacting and communicating or they are doing their organizations a disservice.…

    • 956 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    3. The Internet has had a significant impact on the way both firms and job seekers seek each other out. In Britain in 2000, the Chartered Institute of Personnel estimated that 47 per cent of all employers were making use of the Internet for recruitment purposes (Dale, 2003). In the USA the Association of Internet Recruiters estimated that 45 per cent of companies surveyed had filled one in five of their vacancies through on-line recruiting (Charles, 2000). More than 75 per cent of Human Resources personnel in the USA are now making regular use of Internet job boards in addition to traditional recruitment methods of newspaper advertising and links with employment agencies (HR…

    • 1889 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    unit 3

    • 1127 Words
    • 5 Pages

    Recruitment: This has been aided by e-recruitment web portals were employers post their desired positions and qualifications needed…

    • 1127 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Recruitment Simulation

    • 937 Words
    • 4 Pages

    Quarter 3 was much more successful than both the prior quarters. In fact, our team ranked 2nd out of 9 teams during this quarter. Each KPI category was improved, yet there is still room for improvement. During quarter 3, $396,500 was spend resulting in a balance of $388,500 available for the final quarter.…

    • 937 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    costs while competing with big brands and promising startups. The recruiting industry is undergoing pockets of…

    • 4623 Words
    • 56 Pages
    Powerful Essays
  • Good Essays

    Solvus Case Study

    • 1040 Words
    • 5 Pages

    Talent acquisition is responsible for Solvus’ recruitment. They use various recruitment channels such as job fairs, online applications, in addition to social media sites – Linkedln, Facebook. Due to shortage of funds, they are unable to expand their recruitment channels to local newspapers, magazines; however, they are still able to use their available resources effectively, as recruitment is their specialty. Regardless of this shortage of funds, Solvus recruitment speed is above average, as their selected recruitment channels are easy to access by prospective employees.…

    • 1040 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Online Recruitment Portal

    • 909 Words
    • 12 Pages

    Online Recruitment Portal SECL Bilaspur ICT Division CMPDI(HQ) Ranchi 1 Online Recruitment Portal SECL Manpower Cell’s Section ICT Division CMPDI(HQ) Ranchi 2 Online Recruitment Portal Login…

    • 909 Words
    • 12 Pages
    Satisfactory Essays
  • Powerful Essays

    Cleaning Up Resu-mess

    • 1043 Words
    • 3 Pages

    Online recruitment is becoming a standard method for most people who are seeking a job. An advantage is that managers spend less time on the screening process for applicants, they are able to spend their time on more important task. They can use the time on strategy planning and training employees to give the firm an advantage over the competitors. This method is also cost effective depending on where the posting is listed. An example would be if a…

    • 1043 Words
    • 3 Pages
    Powerful Essays

Related Topics