Job banks began in educational institutions, both vocational training colleges and universities, as a link between their graduates and employers, with the aim of helping their students into the job market.

Let’s start from the fact that a job bank reflects on the school’s image. It works, to a greater or lesser degree, in direct proportion to how closely the school is connected with the business world, and it becomes a mark of success when the school manages to place as many candidates as possible in the job market.

Its great strength is the personal closeness between the school and small and medium-sized businesses, which makes it easy to spot what both sides need. In many cases these job banks hold only a small number of candidates, who have spent many academic years in the school’s classrooms, so their personal and professional qualities are well known.

Benefits for the company

The smaller the company and the closer it is to the school, the greater the mutual benefits. The school knows each candidate’s personal traits and, since it also knows the company, shares its goal of finding the best options for the client’s needs. It is a faster, more effective way of finding the most effective employee. All that is left are small selection processes aimed more at getting to know the candidate than at choosing one.

The cost of the process is kept to a minimum, and the candidates put forward come with the school’s credentials, both for the theoretical knowledge of the courses they took and for the personal qualities they showed during their time as students.

There is no need to advertise a vacancy or a selection process, which keeps outsiders out. The process is quicker and simpler. In many cases, selection through job banks works by word of mouth between the parties involved.

Candidates in the job bank

Candidates need to keep their details up to date in the job bank so that the people running it have accurate information about their availability for job offers.

It also helps them tell offers apart: candidates can ask for more information and advice about the companies posting job offers, so they can pick the ones that best match their personal and professional interests.

A good job bank for the school

A school’s main objectives are:

  • To educate students brilliantly, both in their personal values and in the knowledge of the subjects they study.
  • To place all its students in the job market. The more of its students a school places in jobs, the more outstanding it will be.

On this basis, it is up to the school to contact companies, offer them its candidates and seek out their job openings. The more accurately it matches what companies are asking for, the better the results will be.

Featured image: University of Michigan School for Environment and Sustainability from Ann Arbor, CC BY 2.0, via Wikimedia Commons.

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