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Sunday, 28 February 2016

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everjobs.lk boosts online job recruitment

Sri Lanka's youth unemployment rate in the first quarter of 2015 was 21.7%, over four times the national unemployment rate of 4.7%. In such a scenario, young professionals are keen to keep track of potential employment opportunities with mobile adaptation expected to drive growth of the online job portal, which hopes to double its registered database of 35,000 job seekers this year, said Business Development Head, Venkat Iyengar at the first anniversary celebrations of everjobs.lk in Colombo recently.

everjobs.lk hopes to expand beyond Sri Lanka's main cities this year and encourage more local firms and job seekers to opt for cost effective options.

The cost of online recruitment is only about 10 percent of the cost of an offline option,Venkat said..

Thirty-five percent of the job seekers use their mobiles to search for employment opportunities online, an increasing internet penetration driving popularity in tourism, banking, financial services, IT sectors, apparel, education, telecommunication and healthcare sectors,Venkat said.

Tourism, financial services and IT remain the hot favourites for job seekers, showing strong growth prospects this year. The website receives 300-400 new job registrations each day and handles 1,000 applications daily.

"The everjobs.lk site in Sri Lanka is one of the fastest growing markets for us in the region. We have a strong presence in the main cities but we are very focused on expanding coverage in the rest of the country. This will be our main objective this year," Venkat said.

According to an everjobs.lk career survey, online recruitment hit an all-time high in July and August last year with quarter-on-quarter growth improving consistently. This year is expected to deliver the returns of the various reforms proposed by the Government including increased internet penetration from Google's Project Loon, which is expected to start operations in Sri Lanka in the next few months.

The job portal also caters to start-ups with about 100 of its 2,500 employers using everjobs.lk as a more cost effective form of recruitment. Offline recruitment customarily costs about 10% more than its online counterpart.

The everjobs.lk job portal operates in Sri Lanka, Bangladesh, Cambodia, Myanmar, Cameroon, Ethiopia, Ivory Coast, Senegal, Tanzania and Uganda. Launched in 2015, it aims to become the leading job portal in fast-growing markets.

RJ

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