With Budgets Tight, Online Recruiting Marketplaces Pay

NEW YORK, April 13, 2010—Despite the need to slash hiring expenses, employers continue to rely on third-party recruiters, especially when seeking candidates whose skill sets are highly specialized, hard to find or in great demand. Working with third-party search firms comes with challenges, however, and as recruiting departments boost the number of jobs going through headhunters they are increasingly looking for help in vendor management.

One of the most effective solutions for third-party recruiting is an online recruiting marketplace, which gives employers access to an extensive global network of professional headhunters covering every niche and every area of employment specialization.

In a new article titled, “With Budgets Tight, Online Recruiting Marketplaces Pay Off,” Mike Hard, chief executive officer of the BountyJobs online marketplace, examines the distinct advantages employers gain by using such marketplaces. Download a complimentary copy of the article, no registration required, at www.bountyjobs.com/press.htm.

In the article, Hard notes that advantages of online marketplaces for employers include:

– Greater choice of headhunters that meet their specific needs and budgetary constraints.
– Enhanced control over the fees they pay and the headhunters they choose to partner with.
– Improved access to recruiters in every region, industry and function — a tremendous advantage to smaller organizations.

“An online marketplace, such as BountyJobs, can actually lower the costs of recruiting and hiring candidates by reducing the time it takes to fill positions, streamlining vendor management, and providing robust reporting and tracking tools,” said Hard. “Ultimately, online marketplaces actually facilitate more effective partnerships between employers and headhunters.”

To download a copy of Mike Hard’s article, “Even with Budgets Tight, Online Recruiting Marketplaces Pay Off,” visit www.bountyjobs.com/press.htm.

About BountyJobs
Headquartered in New York City, BountyJobs is the global recruiting marketplace where employers engage top headhunters to fill any job, anywhere. With over 10,000 active headhunters, 20 percent of the Fortune 500 as customers and hundreds of millions in bounties across six continents, BountyJobs is the most effective recruitment marketplace in the world. For additional information, visit http://www.BountyJobs.com.

Media Contacts:

Asaf Katzir

Michael Civiello

This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.