Want to learn the ins and outs of tech-driven hiring and the 'SaaS'iness of the staffing industry?
Anupam Acharya has you covered on both accounts in this wide-ranging conversation with us. As Co-Founder & COO at Workex, a job search & staff management platform, Anupam also shares:
Significant aspects of tech-driven hiring:
Anupam believes that the Internet has changed the face of the recruitment industry just like e-commerce. Although it is in the transition phase, everything related to hiring and sourcing will eventually be tech-based. In contrast, one section of the industry feels that technology-driven hiring has reduced the quality of overall hiring. Anupam has a contrary opinion; He believes technology has made remote work and online hiring easy. There are two significant aspects of tech-based hiring:
The transition phase of tech-based hiring:
Anupam talks about India being a trust deficit country and how the e-commerce industry faced challenges in its initial days. Earlier, people used cash on delivery option and now, as the trust is there, they make the payment and rest assured that they will get what they ordered. The staffing industry is going through a similar transition. The Internet and social media are playing a pivotal role in creating behavioral profiles of every individual. Matching is crucial; productivity increases when you get suitable candidates and staff for your company.
New age job boards are capturing the intent in real-time. The candidates prefer chatting over getting a call because the information is objectified. There is a 100x change in the time to hire metric, reducing from five days to five hours. You need to interact with your user daily to capture their intent. Objectification and intent capturing are the two most significant leverage for any new recruitment platform. The market is enormous, and we are still scratching the tip of the iceberg.
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Produced by: Priya Bhatt
Podcast host: Yashwanth Jembige
BONUS: One of the major step of hiring is background verification. Here is a The Ultimate Background Check and Screening Guide for 2021 for you to learn the very basics of the process