Company name hidden? Understand why companies prefer to hide the company name while hiring

In the life cycle of HR, recruitment is the most exciting and dynamic function. Apart from finding the right man for the right place, it is even more interesting to meet a variety of people with different thought processes and mindsets. Being an integral part of the job in the scope of Human Resource Management, recruitment is driven by the different needs of the company as multiple companies mean multiple standards, variations in protocols, and a variety of needs. In context to the same, there are ample sources for recruitment that company uses, but the most trending and effective nowadays are only two i.e.

How do companies hire?

  • E-recruiting- E-recruitment or online recruitment, is the recruitment method using technology or Web-based resources and social media for the purpose of finding, attracting, assessing, interviewing, and hiring new employees.
  • Placement consultancies A Placement Consultancy is a bridge between the companies that offer jobs in various areas and the job-seekers. They help companies irrespective to the size to find the best match in order to reduce and streamline the manpower hunting for the companies 

But when we talk about these two sources of recruitment or generally browse through the web portals, it is found that name of the company is not revealed and it majorly happens when companies itself do not prefer to reveal their names while advertising jobs, but the question arise here why do companies prefer not to reveal company names while advertising jobs?

5 Most Genuine Reasons why companies prefer not to reveal their names while advertising jobs

There may be ample or inner reasons for it, based upon the company’s standard and policies. Many times even job consultancies do not also disclose the name as candidates generally tend to directly approach the company but below listed are the most genuine reasons due to which it happens and companies prefer not to reveal their names while advertising jobs.

  1. Competitive/Rival Companies: It is generally considered that more hiring means more expansion and more expansion means growth and hefty revenue, which provides a hint to the competitive or rival companies about the action plan and rivalries are expected to create hinder or snatch the prospective opportunities, so unless the success is achieved and projects do not lands on the plate, in order to avoid the uncertainties or mishaps of the competitive market, the name of the company remains undercover.
  2. Do not want disclosure in internal premises regarding the hiring of the replacement: Apart from the above recruiting, the next and crucial reason is when management has taken the decision to replace anyone and the individual assessee can already feel or know the same. Therefore, directly disclosing the name of the company on web or social portal gives them a sort of confirmation. Hence rather finding the scope of improvement, the individual employee is expected to make the situation worse. This can take place by leaking confidential data by existing employees, hampering work culture, disturbing others, and not doing anything. So in order to avoid such adversity, the company prefers to keep the name disclosed.
  3. To gain timely and suitable resources: Another reason is that recruitment has nowadays become an ongoing process and for the sake of one position numerous applicants come across. Out of it plenty of CV’s are either found under-qualified or overqualified or maybe irrelevant based upon the need of job and time but those pools of CV’s are most likely to be used at future points but candidates do not wish to apply directly again from in the same company from where he/she has been rejected before. So to gain the right kind of person at the right time, companies prefer to keep the name hidden.
  4. To maintain the brand value by safeguarding the work culture: This reason comes in the light when a company hires again and again for the same profile. Hiring for the same profile generally indicates the high attrition rate of the company and unhealthy work culture which showcase a poor brand name in the market. Though companies try to improve on their areas of a loophole but no one wants to reveal the same on the public podium due to which company wishes to hide the name while recruiting.
  5. Don’t want to entertain irrational calls and candidates: Another reason is also that, if the jobs are advertised openly, hence finding contact number or address becomes the easy part for the job seeker and many such candidates directly make vague calls or reach at company premises for direct interaction which is quite annoying and time consuming whereas candidates through job portals and recruitment consultancy are creamed and filtered ones. So to avoid such cumbersome circumstances, the company finds it preferable to keep the identity veiled.

So, register yourself with us as we at Zigsaw make the best match at the most suitable companies in accordance with the individual candidature. 

 

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