Technology shift impacts on the recruitment management triangle
Evan Shellshear and
Kah Wee Oh
European Journal of Management Studies, 2024, vol. 29, issue 1, 71-84
Abstract:
Purpose - This paper investigates the constraints an organisation faces when using recruitment agencies and having to trade-off between the speed of hiring a candidate, the cost of a candidate and the match of the candidate against the job requirements across different job seniorities. We analyse how technology can shift the cost and hiring speed in spite of these constraints. Design/methodology/approach - The research design is exploratory, quantitative and cross-sectional. The study employed a two-factor, unbalanced class Analysis of Variance (ANOVA) including interaction effects to test the difference between the means of the class of interest and a control class. Findings - Our empirical findings confirm that (1) the technological innovation of a recruitment agency marketplace can liberate organisations from their time, cost and quality hiring constraints, accelerating the time to hire by four times and reducing costs by over 12%, and (2) these results hold across varying role seniority levels. Originality/value - This study contributes to the existing literature in three ways: (1) it introduces the recruitment triangle from project management into the recruitment literature; (2) it demonstrates how technological innovations such as recruitment agency marketplaces are able to provide a shift in the constraints posed by the recruitment triangle.
Keywords: Recruitment triangle; Talent sourcing; Talent acquisition; Recruitment; Recruitment constraints (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eme:ejmspp:ejms-01-2024-0008
DOI: 10.1108/EJMS-01-2024-0008
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