Its all high time for job portals as employees shift jobs while employers trying to keep up with the new vacancies. This trend of job hopping is specially seen in software, consulting and similar engineering industry where salary and number of opportunities both are very high.
The online recruitment industry which is around 150 crore is only 10% of the paper based traditional recruitment industry but is growing at the rate of 50% yearly and this is likely to continue for next 6-8 years.
But online job recruitment industry is not easy to setup. It requires huge resources and time. The management should be able to handle the huge amount of applications that the industry receives on daily basis.
They have to invest in offline advertisements too, like newspaper and television and they cost deeply.
Only hardworking and future smart company can survive in this fast time.