Employment Resources: Advantages and Disadvantages Report

This report provides an analysis of various employment resources, focusing on social media platforms, job websites, and placement agencies. It details the advantages and disadvantages of each resource, examining how companies utilize them for recruitment and how job seekers can leverage them. The report discusses the benefits of social media for posting job vacancies and networking, highlighting popular platforms like LinkedIn, Facebook, and Instagram. It also covers the role of placement agencies in matching worker requirements with available positions, and the utility of job websites in connecting local people with employment opportunities. Furthermore, the report includes references to academic sources, supporting its analysis of e-recruitment systems and the use of social media in the job market.

KNOWLEDGE & CREATIVITY CW 2-
PORTFOLIO
TASK 2

INTRODUCTION
• The current report is based on employment, it justifies the resources for employment
related purpose.
• It clarified advantage and disadvantage of all three resources.

Details of three resources
 In recent time, organizations are using different types of recruitment and hiring
procedures along with traditional.
 They post vacancy related information via social media sites and other resources which
is quite beneficial for people who are finding the best employment opportunities within
multinational companies.
 With the help of in depth research within market it makes easy to locate and evaluate
resources for employment related purpose.
 Three essential resources mentioned below used for employment-

CONTI…
Social media platform-
 It is one of the best resource people can used for employment purpose, companies post
specific job related information on social media sites that help people to find out the
suitable once according to qualification and skills that they have.
 Networking is the most essential elements of job searching, people found job through
networking sites.
 High degree of employers are using social media sites as recruitment tools (Reddy,
Mamatha and Balaram, 2018).
 Linkedin, Facebook and Instagram are the most popular networking sites for job
seekers.
 562 million users are connected with Linkedin where they are able to find perfect job.

CONTI…
Placement agencies-
 It serves important function in fundraising market, placement agents is the second
resource available for employment related purpose, used by many companies in order
to hire skilled workforce to gain business objectives efficiently.
 The role of placement agents in agencies is to match requirements of workers with
available people.
 They finds people job within large firms. Employment agencies make profit by
charging firm that applicants work for and take percentage of worker pay.
Job websites-
 Job or employment websites is the best resources for employment related purpose used
by local people to find out the vacancy.
 It deals specially with careers or employment, these websites is especially designed to
permit employers to post job requirements for specific position to be filled which is
usually known as job boards.

Advantages &n disadvantages of Resources
Basis Social media sites Job websites Placement agencies
Advantages The advantage of this
resource is that it
increase job visibility,
higher quality
candidates and reduce
cots of hire in context
of business (Panahi,
Watson and Partridge,
2016).
Job websites work
much better in hiring
procedure instead of
traditional recruiting
methods, it helps to
save time and faster
the speed of
recruitment.
Like the other
resources, placement
or recruitment
agencies work
effectively, they help
to find out talented
candidates much
faster than employer
can with traditional
method (Reiche and
et.al., 2016).

CONTI…
Disadvantages When the
organizations
used this resource
they cannot be
capable to make
face to face
communication
(Drahošová and Balco,
2017).
The disadvantage of
this resource is that it
only garb the attention
of job seekers not
actual difference
makers.
Third party recruitment
increase the cost of
employment which is
not suitable for
employer. When
companies used this
resource, they cannot
be able to make control
on hiring process.

REFERENCES
 Drahošová, M. and Balco, P., 2017. The analysis of advantages and disadvantages of use
of social media in European Union. Procedia Computer Science. 109. pp.1005-1009.
 Panahi, S., Watson, J. and Partridge, H., 2016. Social media and physicians: exploring
the benefits and challenges. Health informatics journal. 22(2). pp.99-112.
 Reddy, M. N., Mamatha, T. and Balaram, A., 2018, January. Analysis of e-Recruitment
Systems and Detecting e-Recruitment Fraud. In International Conference on
Communications and Cyber Physical Engineering 2018 (pp. 411-417). Springer,
Singapore.
 Reiche, B. S. and et.al., 2016. Readings and cases in international human resource
management. Taylor & Francis.