Abstract
Online recruitment describes hiring workers who were initially selected via the Internet. The practice is now widespread, with a majority of US jobseekers undertaking some online job search activity. The online intermediaries that allow employers and employees to connect with each other, leading to online recruitment, vary in scope. They range from websites that provide information about workers or openings, thereby facilitating search (‘job boards’ or ‘job search engines’) to websites that both provide information and enable employers and employees to interact online during the hiring process (‘online labour markets’). A subset of online labour markets also provides an infrastructure that allows for online management of the work process and payment systems.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Bibliography
Akerlof, G. 1970. The market for ‘lemons’, quality uncertainty and the market mechanism. The Quarterly Journal of Economics 84(3): 488–500.
Autor, D. 2001. Wiring the labor market. Journal of Economic Perspectives 15(1): 25–40.
Blinder, A., and A. Krueger. 2009. Alternative measures of offshorability: A survey approach. NBER Working Papers 15287, National Bureau of Economic Research, Inc.
Cappelli, P. 2001. Making the most of on-line recruiting. Harvard Business Review, March.
comScore. 2010. comScore media metrix ranks top-growing properties and site categories for January 2010. Available at: http://www.comscore.com/Press_Events/Press_Releases/2010/2/comScore_Media_Metrix_Ranks_Top-Growing_Properties_and_Site_Categories_for_January_2010. Accessed 15 Oct 2012.
Horton, J. 2010. Online labor markets. Working paper.
Horton, J. 2011. The condition of the Turking class: Are online employers fair and honest? Economics Letters 111(1): 10–12.
Jansen, B., K. Jansen, and A. Spink. 2005. Using the web to look for work. Implications for online job seeking and recruiting. Internet Research 15(1): 49–66.
Monster.com. 2012. Monster Internal Data, monthly average Q3.
Mortensen, D. 2003. Wage dispersion. Cambridge, MA: MIT Press.
Petrongolo, B., and C. Pissarides. 2001. Looking into the black box: A survey of the matching function. Journal of Economic Literature 39(2): 390–431.
Rogerson, R., R. Shimer, and R. Wright. 2005. Search-theoretic models of the labor market: A survey. Journal of Economic Literature 43(4): 959–988.
Smartsheet.com. 2009. Paid crowdsourcing. Current state and progress toward mainstream business use. Available at: http://www.smartsheet.com/files/haymaker/Paid%20Crowdsourcing%20Sept%202009%20-%20Release%20Version%20-%20Smartsheet.pdf. Accessed 15 Oct 2012.
Spence, M. 1973. Job market signaling. Quarterly Journal of Economics 87(3): 355–374.
Stanton, C., and C. Thomas. 2012. Landing the first job: The value of intermediaries in online hiring. Working paper.
Zittrain, J. 2009. Work the new digital sweatshops. Newsweek, December. Available at: http://www.thedailybeast.com/newsweek/2009/12/07/work-the-new-digital-sweatshops.html
Author information
Authors and Affiliations
Editor information
Copyright information
© 2018 Macmillan Publishers Ltd.
About this entry
Cite this entry
Thomas, C. (2018). Economics of Online Recruitment. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2940
Download citation
DOI: https://doi.org/10.1057/978-1-349-95189-5_2940
Published:
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-95188-8
Online ISBN: 978-1-349-95189-5
eBook Packages: Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences