“Let Your resume speak for you” was considered as the key mantra for jobseekers a few decades back, but in the era of e-recruitment what can actually give a candidate an edge is a “talking resume” or “video resume”.
Considering the popularity of such a multi-media-based CV in the US and UK, an Indian jobsite recently launched a free video resume uploading service, the first such service in the domestic market. And now another jobsite is measuring the prospects of this concept and may also soon introduce a similar service.
A video resume, which essentially means presentation of an applicant’s details and credentials through media like video and audio might not revolutionise the online recruitment in the country, but experts foresee that is capable of easing out the preliminary selection process. “The concept of video resume is here to stay,” says monsterindia.com’s Vice President Products and Technology Vikas Aggarwal. Monsterindia.com is the first to launch video resume.
According to Internet and Mobile Association of India (IAMAI), the online recruitment market has leaped to Rs 240 crore in 2006-07 from Rs 145 crore in 2005-06. During the same period, says an IAMAI study, the number of online job seekers has grown from 6.5 million to 9.2 million. The online recruitment growth rate is a remarkable 60- 70 per cent. A recent media survey showed that about 87 per cent of recruiters in America would watch a video resume if submitted to them.
Job Search is one of the top 5 key online activities that Indians do online (Email, Surfing, Chatting, Search and Job Search).
More surprising is the fact that a recent Manpower India study demolishes the myth that the Internet is a medium only of the privileged.
Uploading a video is no more a difficult thing, the technology has simplified the entire process, one needs to record a fine video which can easily be done even with a mobile phone.
But, CEO naukri.com Sanjeev Bikhchandani does not view preparing a sleek video resume as a cake walk; the resume should be very fine for that some professional know-how is a must.