THE Internet job market for executives is expected to grow up to 500 per cent in the near future according to a survey by The Executive Network.
The survey of Australian senior executives earning between $70,000 and $150,000 showed nine out of ten executives used the Internet for information, yet they have never used it to seek employment.
However, 60 per cent indicated they would use the Internet for job seeking in the near future providing it remained confidential.
Internet security is a big concern for the job seeking executive.
The TEN research indicates, with the advancement of Internet security, seven out of ten executives are interested in posting their recruitment details to a specialist recruitment agency over the Internet.
However, Internet recruitment site Seek director Andrew Bassat said his company’s research showed more executives were turning to the Internet for job hunting.
“There is now a real trust in websites, especially with regard to privacy,” Mr Bassat said.
“There are a very small percentage of users who are uneasy using the Internet as part of their job search.
“The general and anecdotal evidence we’ve received is people trust websites for executive recruiting.”
“However, executives are not likely to post their resumé on a resumé board.”
Currently Seek has between 400 and 500 new executive positions posted on its site each month.
“We hope to get that to between 800 and 1,000 in the next three months,” Mr Bassat said. “We’re also planning to make it easier to find the executive positions on our site.
“We’re going to make an exclusive executive positions section. It is exclusivity that attracts executive job seekers,” he said.