Job.com, a job-matching company for the new generation, has devised a way to rid the hiring process of middlemen recruiters, through the use of blockchain technology. Normally, many layers of middlemen between employers and job hunters are a part of the hiring procedure. These middlemen are just superfluous market participants, drawing profits away from job hunters, and making recruitment a costly undertaking for companies. Job.com’s founders have decades of experience in the recruitment business. With this experience, they think that they can disrupt the industry, focusing on blockchain technology as the instigator. Scheduled to launch in the summer, the Singapore-based
Paññã (Panya), the American recruitment venture, has recently launched their hiring and recruitment online video conference platform with over $500,000 in angel seed funding and millions allocated from their holding company, mroads. The company commented that some of their Beta clients have included Intuit, iCIMS, MobiTV, and more. In a hiring ecosystem where recruiters are compromised by skewed and sometimes outright fabricated resumes and spend untold hours sourcing top talent, Paññã’s model gives hiring managers an avenue for face-to-face real-time, scheduled or candidate one-way video interviews. All videos are recorded for interviewers to access and rewatch at any time, and require
The workforce predictive analytics solutions provider OutMatch has recently announced the use of machine learning to evolve by-the-hour hiring for companies and candidates alike. OutMatch asserts that its candidate assessment tool is the quickest in the industry currently, able to complete the typical amount of analytics in half the standard allotted time and save time and energy for ventures in their hiring corner. Additionally, the advent of machine learning increases more beneficial predictability in regards to hiring; by "effectively analyzing post-hire data patterns" and integrating those analytics into the assessment process and other insights, it sharpens and improves the entirety of
Middle Eastern job platform Bayt.com has recently announced the release of its brand new employer branding platform that aims to aid companies to promote themselves from a hiring and employment standpoint. This site will amend the ever-increasing needs of companies to target segments and help coax in the best candidates while still showcasing the workplace, emphasizing their core mission, and forging meaningful connections with possible hires. According to Bayt.com’s 2017 ‘Ideal Workplace in the Middle East and North Africa’ survey, ‘good ethics and practices’ and ‘friendly company culture’ are the top two qualities that attract job seekers to a company.
After a facelift and relaunch, the job portal MZ Jobs is even more clear, concise, and efficient - and useful. The new design comes with a new wave of vacancies for the Mitteldeutsche Zeitung and has amended itself to suit the needs of its partners and users better. Several more options for searching are available, whether it's through field search or regional, and even targeted vacancies based on postal codes. Currently hosting several thousand vacancies, MZ Jobs holds the title of largest regional job portal in the Saxony-Anhalt area, particularly after a partnership with stellenanzeigen.de that created better and more efficient ad placement. In
Textio, the developer of the debut augmented writing platform, has recently announced the launch of new hiring platform Textio Hire. Textio Hire will use data from actual hiring completion to optimize the vernacular utilized by company hiring teams, and improving the success rates in responses from passive and active job candidates. The jobless rate is at its lowest levels in fifty years, and, according to a recent survey commissioned by Textio, only 5.8 percent of Americans are actively looking for work. But that doesn't mean people aren't willing to switch employers. A recent study by Indeed showed 71 percent of people in
Talenya Insights has launched a new solution that claims to lessen the guesswork involved in recruiting and raising transparency for hiring. The hiring tech company has just released Talenya Insights, an AI-powered report that helps employers connect the dots between candidate supply and demand for any available vacancy. This would also add an element of predictability to a largely dynamic, and sometimes volatile process. At the start of recruitment, HR teams know little about the size of potential talent pools and expected the response. And keeping comprehensive records of all the requisite skillsets (soft and technical) and experience levels is another challenge.
ATS OnDemand, an applicant tracking system for employers, has partnered with Corvirtus, a company that assesses potential hires for companies. They will now offer their talents in a combined fashion, allowing for assessments through ATS OnDemand's program. “We look for partners who have high standards for customer service, share our philosophy on partnership, and have user-friendly, yet robust technology,” stated Marta Erhard, Corvirtus CEO. “With our 30 years of experience and a strong reputation in the industry, it is extremely important to partner with like-minded companies to integrate our assessments. We are very excited to partner with Corvirtus assessments. They
A South African man realized a gap in the recruitment process and, leaving his cushy career in banking, set out to create a new portal for new graduates. It all started with an Uber driver, Kgotso Kobo said. “One day I was coming from a work function and my Uber driver showed me a Masters qualification of his younger brother looking for a job after a year with no luck. I knew then I had to do something to change the situation. It was a ‘calling’. I resigned the next week, cashed in savings and a few assets to realise