Over the past decade, a steady increase in the number of broadband connections has ensured that more consumers are viewing job listings online rather than in their local papers. The Online Recruitment Sites industry is largely dependent on current labor market conditions because, when more companies are hiring, there is greater demand for online recruitment agencies. In the coming years, the industry is expected to grow rapidly, albeit at a slower pace than over the past five years. Stronger employment opportunities will support new industry growth, while greater diversification in services will also boost total revenue.
Online recruitment sites primarily charge employers to list job openings, though they may also earn revenue via ad placement on job listings. Operators also design and maintain databases of resumes and candidate profiles for use by employers and other recruitment agencies. Enterprises in this industry are based entirely online; therefore, traditional recruiting agencies and staffing firms are not included.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.