Implications of Facebook’s Viral Job Board for Recruitment

Comments Off on Implications of Facebook’s Viral Job Board for RecruitmentWritten on October 24th, 2011 by
Categories: Corporate Recruiters, Third-Party Recruiters
RecruitAlliance builds quality relationships between employers and external recruiters.Job boards have been a successful sourcing tool for busy human resources departments since the mid 1990's. More recently, the trend to use social media for recruiting has become more popular for one important factor: results.

October 20th, the world’s largest social network announced a partnership with national employment services and the U.S. Department of Labor. Facebook states their goal in the Social Jobs Partnership is “to facilitate employment for America’s jobless through the use of social networks.”

While this news is not surprising to all members of the recruiting community, it does suggest a potential "grim reality" for LinkedIn and other job boards like Monster and CareerBuilder. How could this impact corporate recruitment departments across the globe? Does having Facebook join the job board make the services of staffing agencies obsolete?

Corporate Recruiters: Does posting your requisitions on the largest social network in the world sound inviting? Now imagine your return on investment when the cost is free. Could it change your internal recruiting process? Would it make tapping in to new talent a less daunting task?

Third-Party Recruiters: Studies show 55.5% of recruiters are already using Facebook to source hires. Most TPRs are social media savvy and will adjust to whatever changes in the market the Social Jobs Partnership creates. The concern becomes this: Will Facebook's entrance into the employment realm drive-down the fees associated with your services?

One solution that positively impacts the relationship between employers and agency recruiters is RecruitAlliance. Both parties benefit by greater efficiency in managing and building their existing client relationships. Hiring managers significantly increase their number of on-target candidates and dramatically reduce external recruiter contact. To learn more, visit RecruitAlliance.

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