The employment market is dramatically changing as the drumbeat of layoffs and a shrinking economy continue. The potential value of online career centers is, counter-intuitively, skyrocketing at the same time. Here is why:
- Employers may have fewer positions available but the ones they do have open are likely to be extremely important;
- Employers will have to sift through a much greater number of applicants for each position;
- There is going to be an influx of new job seekers who are highly qualified without recent experience in job hunting.
Online career centers have greater value for both the employers and seekers in this market. Think about what additional value you can offer to each.
Can you help employers to more easily sift through a large number of applicants to find the hidden gems?
Can you help the newly unemployed to present themselves in the best light?
Can you offer special services to senior executives and the recruiters looking to cherry pick the best talent in this market?
You get the idea.
The career centers that offer the most value now will be the ones that surge forward with the most energy when the economy inevitably improves and organizations begin hiring in much greater numbers. What are you doing to be ready?
I suspect that the online career centers you mention may become victims of the economy as well. Staff cuts will mean less people to support new initiatives.
Now is the time for both employers and candidates to thrust their network into gear so they don’t get lost in the crowd.
Roberta Matuson
http://www.yourhrexperts.com
I’m sure revenue will shrink. All the more reason to provide value so you can shrink less and then grow with strength when it turns around.