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Question: Discuss About The Shopping And Perform The Banking Services? Answer: Introduction The popularity of social media has grown significantly in past decade. People are using it for sharing their content, communication, shopping and perform banking services. Due to its large popularity, companies started using social media for various activities such as marketing, recruitment and data collection. Social media sites provide various benefits to businesses such as larger audience, less expensive, easy accessibility and worldwide reach. Use of internet has transformed the process of managers and human resource experts to recruit employees. The popularity of LinkedIn, Facebook and Twitter assists human resources experts to analyse the talent in the market and directly link with them. The online process is used by various human resources agencies but there are various drawbacks of using this policy as well. The risk of internet security and concern regarding the quality of data is a significant disadvantage of using social media for the recruitment process. Corporations are required to formulate proper strategies before implementing an online recruitment policy. The primary objective of this report is to analyse various benefits and drawbacks of using social media sites for corporations recruitment process. The secondary objective is to evaluate different experts opinions regarding the online recruitment process. The report will analyse this issue from the perspective of various corporations and discuss opinions of a market expert. The report will provide a suggestion for corporations to enhance the effectivity of their online recruitment process. Literature Review Advantages and Disadvantages of Using Social Media for Recruitment Social media sites assist people and corporations to communicate through online platforms and perform various services which are based on the internet. For example, email or instant message service help people to connect and communicate, even when they are living in different countries. According to the research of Kroeze (2015), social media sites assist human resource management to locate potential employees for the recruitment process. This process is relatively modern since most of the social sites used for recruitment are established after 2003, such as LinkedIn, Twitter and Facebook (Figure 1). Social media sites have the ability to instantly connect to people even when theyre situated in different countries. This ability used my human resource manager to target potential talent for certain jobs. The use of social media sites for recruitment process has grown rapidly in past decade. Advantages According to Watson (2016), the primary advantage of using social media sites for employees recruitment is the broad reach provided by online sites to human resource managers. Most of the large corporations hire talent from various countries. Social media sites assist them to locate and employ talented employees worldwide. Organisations apply various strategies to attract and locate potential talent worldwide. For example, Google allows people to send their resume on their online platform, in the format of video, to employ talent from worldwide. Many organisations use Facebook and Twitter to advertise their job openings, so large number of people apply for the job. As per the research of Frandsen, Walters, and Ferguson (2013), offline sources do give companies opportunity to connect with candidates at a personal level, but they are limited to a certain city or country. Most people do not prefer or do not have resources to travel to another country for an interview. Social media connect candidate and employer at one place without any travel expenses. This allows a large number of candidates to apply for a job which gives corporation more options to select the right candidate. Online platforms such as LinkedIn and indeed, are specifically designed to connect companies with potential talents. These websites allow people from all over the world to form a profile, which works as their resume, and corporations can connect with a particular employee with possessing contain knowledge or skill. This feature is significantly important while recruiting for engineers, programmers or scientists since there is high demand for talented employees who possess t hese skills (Figure 2). Another significant benefit of using social media for recruitment process is lower recruitment expenses. As per Yuan, Bare, Johnson, and Saberi (2014), recruitment is an expensive process since corporations are required to advertise their job openings and set up a place for interviews. Usually, organisations prefer to rent a hotel auditorium or another place to set up their recruitment procedure. In most circumstances, to employee talent from other cities, organisations are requiring setting up another place for potential candidates to visit. The human resources management team of the company visit those places to interviews and select potential talents. Overall the process is significantly expensive and time-consuming. But in case of social media recruitment, none of this process is required to perform by the corporation. Generally, social media sites are free to use and anyone can make their account over different sites. According to Sivertzen, Nilsen, and Olafsen (2013), many websites provide paid facilities as well to advertise certain products or offer to different peoples. A company can set up their social media account and simply post their job recruitment over the website. The potential and interested people can apply through online portals as well. The human resources management can verify different applications by sitting in their office. This gives corporations a cost advantage over companies which do not use social media sites for the recruitment process. With the modernisation of online systems, social media sites provide various features to companies which allow them to target specify peoples. Online sites allow organisations to target their advertisement to specific groups, for example, engineers or programmers. This benefits company by removing the clutter and increase their focus on talented candidates. As per Henderson and Bowley (2010), in 2017, more than 2.46 billion people use social media sites which cause a problem for corporations to target their advertisement to certain groups. But most social sites analyse their users data to assist companies in targeting a specific group of peoples. For example, if a company has a job opening for programmer or engineer, then they can advertise their opening to just engineer or programmers. Websites such as LinkedIn allow companies to target to specific candidates, such as a person with high grades or a certain experience. According to Sadler, Lee, Lim, and Fullerton (2010), corporations can customize the candidates to which their advertisement will display by social sites. This helps them utilise their resources for specific candidates and avoid wasting time on analysing other candidates applications. People can use hashtags on Twitter to connect with the certain type of candidates. Websites such as indeed and LinkedIn ask for certain information from their users, such as their education status and experience level, while they fill-up their profiles. This information is utilised by social media sites to divide users into certain groups and allow organisations to advertise to a certain type of demographic. Modern corporations use social media websites to showcase their workplace environment and culture to attract a large number of talented candidates. As per the research of Srinivas (2015), most corporations do not use social media sites to post pictures of their offices or share news regarding the latest events. Most corporations use their posts strategically to engage their users into their environment. For example, Starbucks plan their posts to attract a large number of customers with their products while at the same time showcasing their positive social environment in the stores. Usually, the followers of corporations over social media sites are already fans of companys work or product, therefore, a job advertisement posted by company attract enthusiastic candidates. Using social media also give an advantage to job seeking candidates since it is an inexpensive tool to apply for a job. Most social media sites are free to use and candidates fill their own information according to their preferences. They can seek a job in their preferred industry according to their education or skills. The information also transmits significantly faster than compared to other channels. If a company like a candidates profile they can easily take their telephonic interview and select them for a particular post (Gonzalez-Bailon et al. 2011). Disadvantages With all these benefits, there are several disadvantages of using social media for recruitment purpose of the company. According to the research of Broughton, Foley, Ledermaier, and Cox (2013), the primary drawback of online recruitment is related with its biggest benefit that is a wider reach. Social media sites are public platforms meaning the posts of a company can be seen by a large number of peoples. In case of advertising it is beneficial but in case of recruitment, it causes a flood of the application submitted on companys portal. Depending on the popularity of a company, they can receive hundreds of thousand applications for few posts. This creates a significant problem for human resource management teams since they have to evaluate such applications and find the most suitable candidates for the job. Large corporations such as Apple and Microsoft cannot use social media post for recruitment since they are popular worldwide; instead, they use private portals on their websites for potential candidates to submit applications. Another downside of social media recruitment is that the information written on social media websites can be easily manipulated. For example, any person can add or delete anything from their social media profile. According to Roth, Babko, Van Iddeking and Thatcher (2016), the profile on online platforms cannot easily alter by users, therefore, they cannot be trusted by corporations. Most people fill wrong information in their profiles which cannot be identified by corporations unless they verify their original documents. Technology also creates problem while recruiting people through online platforms. If a company is using particular application or website for recruiting candidates, then they limit the place for candidates to apply. There is always the possibility that many talented candidates are not using such particular service or application, therefore, they will not be able to apply for that particular job. As per Sanchez Abril, Levin and Del Riego (2012), most people do not use social media sites because there are several risks of leakage of personal data. For example, hackers attack social media sites to collect personal data of its users. Various examples of social media attacks include Ashley Madison, HBO and Apple iCloud data breach. Most people above a certain age also do not use social media sites but these candidates have the most experience (Figure 3). Therefore, to attract such candidates, the corporation is requiring adopting other methods of recruitment. The poor build of the website also reduce the trust and reputation of a company over its potential candidates and a poor website is easy to hack by cyber criminals as well. Using social media sites for recruitment process is an impersonal method. According to McDonald and Thompson (2016), the human resource managers did not get personally connected with the candidates. Personal interviews are significantly better than telephonic or video chat interviews. It becomes difficult for the human resource manager to determine talented candidate without a personal interview. The candidates did not get familiar with the culture or environment of the corporation. It became tough for candidates to decide whether the corporation is the right place for them or not. In case of hiring of people for big posts such as management or chief engineer, it is necessary for human resource managers to take a personal interview with them. As per Green (2017), most people consider the social media selection process to be unfair towards candidates since most corporations reject candidates based on their profile instead of actually evaluating their ability for work. There is also the issue of equality and diversity while using social media recruitment strategy. As per Bennett (2012), using social media for recruitment is unfairly disadvantageous for people who do not have or cannot use social media sites. There is a generational, cultural and gender difference between people who use or did not use social media sites (Figure 3). According to Antoun, Zhang, Conrad, and Schober (2016), using social media sites as the only method for recruiting employees can ensure unfair disadvantage of certain candidates. It is easy for corporations to collect information regarding their candidates such as age, race or gender. The candidates can use this to argue that the corporation has discriminated against them. They can sue a corporation for screening their candidates and selecting candidates based on specific features. Recommendations For corporation and candidates to get the full benefit of social media sites, constant monitoring is necessary. As per Qualman (2010), it is necessary for corporations to constantly look for potential candidates since there is no fixed time for applying over social media platforms. If the corporations failed to continuously monitor their social media accounts, they might miss the perfect candidate for their job. For constant monitoring, the corporation is required to employ specific staff for social media monitoring which increases the expenditure of corporation. Continuous connection of internet is required while using social media recruitment and organisations can lose potential candidates if the connection stops working. According to Ramo and Prochaska (2012), to apply an effective and efficient social media strategy for the recruitment process, corporations are required to formulate strategies for their operations. Firstly an organisation should decide whether social media sites for recruitment process will be benefited for the or not. The advantage of social media recruitment can be analysed based on organisational culture and nature of work. Before implementing social media strategy for the recruitment process, corporations should make necessary adjustment in their corporate structure to effectively implement the strategy. The human resource management should be capable enough to understand and use social media sites and employ enough staff to constantly monitor corporations social profiles. The organisation should customise their strategy according to the requirement of employees. If corporations require hiring a large number of employees then profiles from social sites can be used, but in case o f hiring professionals, the human resource management should use other approaches such as personal interviews. As per Lindsay (2011), for the security of online data, the corporations should build a firewall on their servers which would avoid any potential cyber-attack. The company can is antivirus softwares and hire a professional security expert to constantly monitor the security of online data. The company should strategically plan their job advertising post to avoid a flood of applications. They should clearly define the job requirement and categorise application into various groups to avoid confusion. Using just social media sites for recruitment is not beneficial for the corporation as well. The company should implement the offline method of recruitment to avoid giving any unfair advantage to certain peoples (Gritzalis, Kandias, Stavrou and Mitrou 2014) Conclusion From the above report, it can be concluded that social media strategy for recruitment process is used by a large number of corporations currently. Organisations use online strategy due to its benefits such as wider reach, less expensive and targeting specific candidates. The popularity of social media websites assists corporations in selecting the right candidate for their post. But there are numerous drawbacks of online recruitments as well. Due to social media sites popularity, organisations usually received a large number of applications from candidates which makes it difficult for human resources management to evaluate. There is another risk of hacking or scamming of data from cyber criminals. The online process also lacks personal connection with the candidate. But corporations can benefit significantly if they effectively apply a social media recruitment strategy. The corporation should analyse their environment before implementing the strategy and customise the process according to their structure. Using of strict privacy protection softwares and employing proper staff for online recruitment process can benefit the company. With effective use of social media sites, corporations can improve the quality of their recruitment procedure and attract potential talent by using it effectively. References Antoun, C., Zhang, C., Conrad, F.G. and Schober, M.F., 2016. Comparisons of online recruitment strategies for convenience samples: Craigslist, Google AdWords, Facebook, and Amazon Mechanical Turk.Field Methods,28(3), pp.231-246. Bennett, W.L., 2012. 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