AI In RecruitmentTurboHire Impact

Candidate Sourcing Stage With TurboHire

By June 2, 2020December 7th, 2020No Comments

This is the first of a series of blogs which covers Improvement provided by TurboHire platform. This assessment is made through four broad stages in the recruitment process which are Candidate sourcing, candidate screening, Interviewing, and decision making. In this blog we will cover the first stage, Candidate Sourcing.

Candidate sourcing
The First stage is candidate sourcing which deals with getting necessary candidates for the job vacancy. This stage can be subdivided into 2 further stages

  • Job approval to job posting.
  • Job Posting to job screening.

Job Approval to Job Posting
Once the job vacancy is approved, the next step is to publicize the vacancy to attract the best candidates. The practice is to post this job on leading job boards in which will attract quality candidates. This is the first step taken by the recruiter/HR manager.

Current scenario
In the current scenario, the recruiter/HR manager needs to individually post a job in each job board. Across the world, there are two types of job boards, premium and free one. Candidates favourites are Monster, Indeed which are the premium job boards. Free job boards are those which allows the recruiters to post the job at zero cost. Some them are Facebook jobs and google jobs. The average time spent in posting a job on job boards is almost 1.5 hr and the if recruiter needs to publish it in at least 4 job boards to attract more candidates. So, the total time spent will be 6hr.

Time for posting a job on job board 1.5 hr
Number of Job boards 4
Total time for posting job in Job board 6 hr

With TurboHire
TurboHire is a new age AI-based talent acquisition system. The platform is packed with features that will help the recruiter in the optimization of each stage in recruitment. TurboHire offers a One-click job posting feature in which the platform will post all the details regarding the job description in all job boards with a single click. So, it only takes a time of one job posting to post a job in all free and premium job boards. This is a huge time saver. Presently, the platform has integration with major premium job boards such as Naukri, monster, and indeed and free job boards such as Google jobs, Facebook jobs, JustDropYourResume page. More jobs will be shortly added to the platform. TurboHire also provides the clients with the option of creating a custom career page for them which can host the job vacancy on their website.

Time for posting a job in all Job board in TurboHire platform 1.5 hr

Improvements provided by TurboHire
Assuming a working day to be of 8 hr, the time in days taken to post a job in multiple job boards without TurboHire will be 0.75 day and using the TurboHire platform is 0.19 day. The time improvement provided by the platform in this stage of recruitment is 75%.

Improvement in time 75%

Job Posting to Job Screening
After the job is posted on various job boards, candidates will start to apply for the jobs and the recruiters will get a flurry of candidate’s application from these job boards. However, we cannot start screening candidates unless we hit a threshold limit of resume. This stage involves the time between the instant we post the job and start screening candidates.

Current scenario
For the job posted by the recruiter let us assume that the threshold limit for starting screening procedure is 500 resumes. As the recruiter has posted jobs in 4 different job boards and if we are assuming that all these job boards are supplying 100 candidates per day then it takes 5 days to wait for five days. It must be noted that during this stage the recruiter time is being wasted as he cannot work on this recruitment process.

Resume threshold for screening 500 Resume
Number of resumes per from job boards 100 Resume/day
Number of days between posting and screening 5 days

With TurboHire
In this intermediate stage between posting and screening, TurboHire provides value a great addition. TurboHire has a unique feature for promoting the same jobs on the social media platform. With this feature, the recruiter can at the time of posting of job, can promote jobs on social media websites like LinkedIn and WhatsApp. There is also an option to forward it to mail ids. This feature has been included because LinkedIn is a source of quality candidates and Instant messengers like WhatsApp and emails will help in targeting the right set of candidates faster. In addition to this feature, TurboHire has developed JustDropYourResume where the candidate needs not enter any details while submitting the resume other than his email for authentication. The above two features attract quality candidates faster. So, if job boards can attract 100 candidates per resume then instant messages like WhatsApp and sites like LinkedIn can attract at least twice the candidates

Resume threshold for screening 500 Resume
Number of resumes per from job boards 100 Resume/day
Number of resumes from LinkedIn/WhatsApp/Mail 200 Resume/day
Number of days between posting and screening 1.67 day

Improvements provided by TurboHire
The improvement provided by the platform in terms of time is around 67% where 5 days was reduced to 1.67 days.

Improvement in time 67%