Candidates now have more ways of finding employment according to JobStreet report.
Technology is changing the interaction between candidates and employers in recruitment, to the benefit of candidates, according to a report from JobStreet.com (JobStreet) released on September 11 on main recruitment trends in 2015 in Vietnam. “Enterprises will face a lot of difficulties in recruitment if they don’t change their recruitment methods to keep up with the four main trends,” the report stated.
Applying technology in recruitment is the first trend, JobStreet said. “High growth in using smartphones means candidates can access job opportunities easier,” according to the report. Twenty-three per cent of job applications at JobStreet are made on the Jobstreet.com mobile app, which has had 2.4 million downloads. Twenty-five per cent of the access to Jobstreet’s website is via mobile phone.
The second trend is that candidates are becoming more active. JobStreet’s research revealed that 70 per cent actively seek a job, with 27 per cent looking though already employed and only 3 per cent don’t wish to change their job. It therefore advised that employers pay greater attention to candidates who are often seeking a better job to find the best talent.
Thirdly, the fourth quarter sees less recruitment than at other times of the year, at 25 per cent less than in the peak period. JobStreet said that enterprises must decide when is the right time to conduct their recruitment activities.
Finally, 87 per cent of candidates use online recruitment websites to find a job. Other methods, such as finding a job directly from the employer, via friends, and through the media are successfully used by 47, 44 and 27 per cent of candidates, respectively. “Direct recruitment is becoming less attractive than recruitment via a website,” the report noted. Thousands of jobs are offered on websites, so promoting the company’s brand name is the main factor in attracting high-caliber candidates.
Seventy three per cent of candidates want to work for a famous company, so a good brand name will reduce turnover and recruitment costs for a company, JobStreet concluded.