The recruitment and employment industry has recently endured major changes, but the most efficient, most cost-effective, and best path for hiring managers is yet to come for this market. Randstad bought Monster Worldwide for $429 million in hopes of accelerating their ability to connect more candidates to more jobs using Monster’s existing network of people. Microsoft bought LinkedIn for $26 billion in hopes of accelerating the growth of its professional network and empowering users with more than 7 million active job listings, amongst other features.
The end goal for hiring managers is to hire the candidate with the right skills quickly, saving as much time and cost as possible. Although the ability to pull from a large network of professionals is a bonus, the priority should be hiring the best candidate without wasting a single minute interviewing people that have misrepresented their information. This is where Paññã should enter into the conversation.