Financial News, IFA Search, Financial Guides, Personal Finance
Now, let your biodata speak for you...literally!
New Delhi: Not too long ago the catchphrase for jobseekers was: ‘Let Your resume speak for you’. Today, in the era of e-recruitment websites have taken this mantra literally by giving job seekers an edge with the “talking resume” or “video resume”.
Considering the popularity of such multi-media based curriculum vitae in US and UK, monsterindia.com recently launched the first free video resume uploading service in the domestic market. And now another jobsite is measuring the prospects of this concept and may also soon introduce a similar service.
While a video resume might not revolutionise the online recruitment in the country, experts say it is capable of easing the preliminary selection process. “The concept of video resume is here to stay,” believes monsterindia.com’s vice-president, products and technology, Vikas Aggarwal.
According to Internet and Mobile Association of India (IAMAI), the online recruitment market has surged to Rs240 crore in 2006-07 from Rs145 crore a year earlier. During the same period, the number of online job seekers has grown from 6.5 million to 9.2 million. A recent media survey showed that about 87% of recruiters in America would watch a video resume if submitted to them.
Interestingly, it is now a myth that only e-recruitment serves the purpose of a handful in India. IAMAI research says India’s Internet users population stands at 38.5 million and is all set to grow to a 100 million by 2007-08.
Job Search is one of the top 5 key online activities that Indians do online (email, surfing, chatting, search and job search]. On average, Indians hold an estimated 5 jobs in their lifetime as compared to the western norm of 11.
More surprising is the fact that a recent Manpower India study demolishes the myth that the Internet is a medium only of the privileged.
The concept of “talking CVs” is new to India, but it is an innovative way that will benefit both job seeker and recruiter and emerging technologies will be exploited, Aggarwal says, adding that it is the best time to tap on the potential of the technology.
Aggarwal says, in avenues that require presentation skills or display of creativity video resume allow prospective employer to conduct a preliminary screening of the candidates without actually getting involved in the elaborate process of interview and practically evaluate their skills.“By seeing the applicant’s presentation skills online, not only the recruitment process speed up, the costs on preliminary rounds of interviewing will also be reduced,” he reasons.
Uploading a video is no more difficult. Technology has simplified the entire process, and one can record a fine video quite easily even with a mobile phone. There are other recording gadgets like camcorders, handicams. One just needs to design, shoot and upload, says Aggarwal.
But, naukri.com CEO Sanjeev Bikhchandani says preparing a sleek video resume isn’t a cakewalk. he feels some professional know-how is essential. In the US and UK, the concept has existed for about two to three years, but is fresh to the Indian market, so we need to tread very cautiously, he says.
Related Articles:

InfoUSA shareholders file suit against founder Vinod Gupta

New York:Shareholders of infoUSA have filed a lawsuit against Vinod Gupta, an entrepreneur from India, alleging that he wasted the companys money trying to inte...

Microsoft to unveil coffee-table-shaped computer

Seattle: Microsoft Corp. will unveil a coffee-table-shaped surface computer on 30 May in a major step towards co-founder Bill Gatess view of a future where the ...

Listen to an iPod during a storm and you may get more than electrifying tunes

Trenton, New Jersey: Listen to an iPod during a storm and you may get more than electrifying tunes. A Canadian jogger suffered wishbone-shaped chest and neck bu...

Google offers site-specific search for businesses

San Francisco: Google Inc., the worlds top provider of web search and online advertising, said on 16 July it is offering small business websites a service that ...

Obama, Clinton clash in YouTube debate

Charleston: Hillary Clinton pounced on rival Barack Obama on Monday 23 July for his willingness to meet with some troublesome world leaders during a Democratic ...
Insurance
About Winter Sports Travel Insurance
About Winter Sports Travel Insurance As the days grow shorter and summer becomes a memory, many of us will be turning our thoughts towards planning a winter vacation, especially one involving winte...

Whar You Need To Know About Pet Insurance

Our pets are a part of our family, and we'll never associate a dollar amount to them if they become sick or injured. That may well be the case if you don't have...

Are You Ready to Pay $6000 for Your Puppy's Treatment From Your Pocket?

American Demographics magazine estimates that 5% of American pet owners have the insurance, which was less than 1% in 1995. In this article, you will learn how ...
Loans
 

Is APR the Only Thing That Matters on Personal Loans?

You always hear that in order to get a good deal on a personal loan, you have to search around and request loan quotes from many lenders before deciding which o...

Get a Personal Loan to Buy or Upgrade your Computer

Both the computer and the financial industry are very competitive, thus it is not difficult to find great deals that can save you a lot of money. Sometimes you ...
Investing
The Amount with Which Investors Are In Work
The Amount with Which Investors Are In Work Investing Money of Investors Below $10,000: You may want to consider a mutual fund rather than individual stocks if you have $10,000 or less to allocate to stoc...

Do You Have What It Takes To Become An Internet King Or Queen?

Do you want to become a King or Queen of the Internet? What is it going to take for you to succeed? The path to internet business success is filled with trials ...

How to Avoid Business Opportunity Investment Loan Mistakes

By devoting extra caution and time, commercial borrowers can avoid serious business opportunity investment financing mistakes. The most obvious benefit will be ...
Technology

InfoUSA shareholders file suit against founder Vinod Gupta

New York:Shareholders of infoUSA have filed a lawsuit against Vinod Gupta, an entrepreneur from India, alleging that he wasted the companys money trying to inte...

Microsoft to unveil coffee-table-shaped computer

Seattle: Microsoft Corp. will unveil a coffee-table-shaped surface computer on 30 May in a major step towards co-founder Bill Gatess view of a future where the ...

Listen to an iPod during a storm and you may get more than electrifying tunes

Trenton, New Jersey: Listen to an iPod during a storm and you may get more than electrifying tunes. A Canadian jogger suffered wishbone-shaped chest and neck bu...
 
Real Estate

Easter Holiday And Celebration Preparations

The smell of Chocolate is on the air. But Easter celebration needs preparations especially if you need to travel to be with the family or if you are expecting g...

Easter Holiday And Celebration Preparations

The smell of Chocolate is on the air. But Easter celebration needs preparations especially if you need to travel to be with the family or if you are expecting g...

Mortgage And Refinance Mortgage Loans For Home Improvements

Thanks to relatively new market creations, home improvements can now be financed with promotional rates by obtaining mortgage loans and refinance mortgage loans...
Sponsored Links
Sponsored Links