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  Online Employment Solutions.  

Online employment solutions is most popular and easy way to find jobs and employees worldwide.

Online employment uses website as a main interaction medium between jobseekers and employers. 

Jobseekers can post their resume on website, can search jobs posted on website and can apply for job directly through websites

Employers can post their jobs on website to attract potential job seekers, can search resumes listed on website to select their potential employees.

Revenue generation

Solution provider earn revenues in many ways (as per their business strategy) like;

By charging jobseekers

• For resume posting.

• To search jobs listed.

• Fix or variable fee ones jobseeker got job.

• Resume writing.

By charging employees

• To post a job

• To search resume data base

• Fix or variable fee ones they get their job filled.

Many employment websites generate high traffic of visitors, this traffic allow owner to use their websites for display advertisements, related product sales etc

Most solution providers offer their services free to job seekers and earns revenues by charging employers for its services.

Most solution providers job listing in all fields but some provides listing that target special field or sectors and normally referred as specialized career website providers.

Three key requirement for success in online employment solutions is

• Large and trustable resume database

• Brand name

• Job listing from reputed companies.

Growth Factors

Online employment industry has shown decent growth in last few year due to various factors;

• Increase penetration of computer and internet

• Easy of use.

• Less expensive.

• Globalization of economy and job market.

• Instant updates.

• Strong global economy.

• Rising awareness.

• Emergence of big and trusted brands.

Negative Factors

Dependence on big companies :- Nearly all solution provides depends on job requirement of big corporate for their revenues. The local job market which normally represents small and medium enterprises and offer much bigger job market is still almost entirely served by other mediums like local newspapers etc.

Any slowdown in economy that can lead to job market slow down.

Companies in this field/Industry

• Monster Worldwide Click For Details

• Dice (Specialized career websites) Click For Details

• Yahoo (Hotjobs)

This article reflects personal view of the author