Two recruitment agencies go out of business for every new job board

New recruitment web sites in Ireland are popping up. About 2 a month in the last 12 months. Recession stimulates the jobs sites creating somehow.

The new sites try to be unique somehow. All trying to solve some problems that either recruiters or employers or job seekers seems to have. The real problems Employers have right now are far most related to financing the redundancy packages. The secondary problem is managing the volume of low quality applicants. Recruitment agencies have a problem that there are no jobs for them to fill. No jobs to advertise on the expensive job boards they prepaid. There are two recruitment agencies that go out of business for every new job board that pops up!

Since recruitment industry has shrank by 2/3 of its headcount nationally, there is basically no money left in it. So a new job boards are looking for someone else to charge for their services. And there is just one more type of the user of the job board – The Candidate. A new recruitment video jobs site is thinking about exactly the candidate as the source of their revenue.

I am against of charging applicants in principle. When you finished your school, did you have money to spend on presenting you to the potential employers? The result is that the service provider of such video application web site would advertise jobs in the coolest companies, and all the poor applicants would pay to upload their videos there.

The end result is that a poor applicant would be a few applications or euro worse off. The Google’s and the other brand names employers would get another trillion applications, and someone in between would get very rich.

As a principle I am far more fond of the Robin Hood principle where you take from the rich (employers) and give a free service to the poor (candidates).

Published by

Ivan | JobsBlog.ie

Ivan A. Stojnanovic Founder of Portal Ltd. MD of EmployIreland.ie and eRecruit.ie

One thought on “Two recruitment agencies go out of business for every new job board”

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