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Talview Raises $6.75Mn For ‘Instahiring’

The AI and ML- enhanced Instahiring platform will enable enterprises to drastically reduce time to hire by allowing recruiters to automate repetitive tasks

8 Key Benefits of HR Analytics

 

Human resource is witnessing the advent of two major fields, The Big Data, and Hiring Analytics. The power of HR Analytics and Big Data is making companies ditch their “intuitions” for any decision to make, which was the trend earlier, and take more informed decisions now. Official decisions have become more promising and accurate with the use of HR analytics. 

How AI Interviewing is Redefining the Way we Hire

Humans have certainly made progress in this digitized age. From asking questions like what artificial intelligence (AI) is, why we need artificial intelligence, and is artificial intelligence going to overtake the world, we have welcomed the use of artificial intelligence (think Siri, Alexa, and self-driven cars).

[Product Updates] It’s all about the candidate - intuitive interfaces, multilingual capabilities, and more

In a candidate-driven market, it is becoming imperative to focus on the candidate’s hiring experience.

Especially since 57% of job seekers lose interest if the hiring process is too long.

In: hrtech

Re-defining Recruitment: Introducing, “Instahiring”

Most seasoned high volume recruiters understand that Time to Hire is the single most important hiring metric. Time to Hire in itself is important as business always need candidates like yesterday. Most high volume recruiters are in businesses where either you have a large field workforce and if you do not have enough people on the field at any given point of time your ability to sell or service is limited or you are a services business where your resources are billed to the end customer and if you do not have enough resources on payroll you are loosing revenue.

But Time to Hire is important not just by itself, it also impacts all other key hiring metrics- Quality of Hire, Candidate Experience and Cost per Hire. We will discuss each of these below.

Quality of Hire: A good candidate today is available in the market only for 10 days. If you have a 2 months long hiring process your ability to hire to hire the best candidates is significantly limited. 

Candidate Experience: 6 out of 10 candidates who drop of the funnel attribute that to a long hiring process. 

Cost of Hire: It costs an average of USD 4000 for every new hire. The cost increases with the time you spent.

Meanwhile, the working class demographic is undergoing a massive transformation with digitally native Millennials entering the workforce. Statistics show that Millennials will constitute to 75% of the working demographic in the United States by 2030. As far a the Indian market is concerned, the gig economy is expected to account for 43% of the workforce by 2020. 52% of the private workforce has spent time as independent workers at some point in 2018.

In: Talquest

[Product Updates] New product release cycles and a lot of cool features in 2019

Time flies and we’re glad you’re having fun hiring on Talview.

We won't bore you with what we’ve done in 2018.

Here's the scoop - we'll release new features every 6 weeks. Starting this 16th, your hiring experience will just keep getting better. 

In: hrtech

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