Why is Bank Careers Direct Special

According to research published earlier this year by recruitment consultants, the average cost of recruiting a new member of staff weighs in at a hefty £5000. With many companies being even more budget-focused than ever, this potential cost, coupled with other factors, mean that recruiters are under even more pressure to make sure they employ the right staff.The first hurdle in the quest, before the process of interviewing even starts, is finding a selection of quality candidates to choose from (big emphasis on the word ‘quality’ here). Naturally recruiters will get online to look for the right person for the job, but at this stage find that they are faced with a choice of thousands of potential sources. Those looking to find people in specific industries and job roles need not panic too much these days however, as there is a solution to their plight – the niche job board.There are niche job boards covering nearly every possible marketplace – from dentistry to rugby – all of which have the sole aim of offering both job seekers and employers a service that is specific to that industry.The reason for the growth and success of job boards is the obvious benefits they offer over the ‘general’ counterparts. Niche job boards should offer recruiters a selection of ‘quality’ candidates to choose from. With the job content of these sites being specific to the industry this is therefore reflected in the users that the site has. Job seekers looking for jobs within the banking industry for example, will tend to use resources that are specific to the banking industry. This means that those submitting CVs and registering for job alerts are going to be the types of people that are relevant. Recruiters advertising on niche sites can be confident that ‘wastage’ is low. This level of ‘quality’ of candidates is also reinforced by requiring job seekers to go through an online screening process when registering. Regular cleaning out of inactive CVs also helps greatly in this area. When it comes to applications however, niche job boards pride themselves on being able to deliver small amounts of quality and targeted applications to clients, as opposed to bombarding them with thousands of irrelevant applications.Another huge advantage of the niche site is that it can split an industry into separate categories, given the recruiter and even easier job of attracting the right sort of people to apply for its vacancies. If an employer is looking for a ‘licensed base maintenance engineer’ they can advertise in the relevant section, as opposed to being in an ‘engineering’ category which they would get with most ‘general’ job boards. Having numerous categories within a single industry can also help the recruiters when it comes to searching through CVs, as sites will ask job seekers to indicate their areas of specialism. They can also offer a much greater knowledge of the marketplace, which in turn equates to helping employers get the most out of their recruitment advertising. The importance of niche job boards for recruiting is not limited it seems to the UK. Recruiters from across the globe are realising the importance of niche job boards in sourcing quality candidates from the UK to fill their vacancies. For example Australian automotive recruiters, Autopeople, have been using InAutomotive.com to source skilled people to work across all aspects of the automotive industry Down Under. It is predicted that the level of niche job board usage in the banking industry by international recruiters is set to escalate over the next few years. It is therefore likely that other niche job boards in the UK could also be in for some foreign interest


That is why Bank Careers Direct is special