How about a Unicorn from the Recruitment Industry?
G reek philosopher Socrates was possibly talking about the times we are living in when he said, 'The secret of change is to focus all of your energy, not on fighting the old, but on building the new' Business enterprises dealing with a world altered by the pandemic are coming to terms with this fact. The old ways of working, hiring, communicating and building companies are being redefined and in some cases discarded.
While the notion that today tasks are made seamless with technology is well placed, job hunting has become a tedious process, right from polishing a resume and finding the right opportunity to having to fill out several forms and then waiting to hear from a prospective employer. According to the Society of Human Resource Management, almost 60 percent of job seekers quit midway filling out an employment application if it's too long or complex to understand. On the flipside, employers often have to sift through piles of job applications, only to end up hiring the wrong person for the job.
On a second thought, how convenient would it be if a candidate could get automatic recommendations for suitable jobs? Or companies could find the right candidate fit for the job role and the company's culture? There are several such solutions to even more peculiar challenges in the recruitment industry.
The Recruitment industry is already touching over $400 billion worldwide & the sheer pedigree of the Indian entrepreneurs in the HR Space makes us believe that the next unicorn might just come from the Recruitment Industry.
Naukri.com, Google Jobs, Facebook Jobs and LinkedIn are the biggest players in the Recruitment Industry in India. While Recruitment Startups also face tough competition from ~23,000 Traditional Recruitment Agencies in India, some Recruitment Companies have carved a niche for themselves. This edition brings you niche players from the Mumbai region, in this highly cut-throat competitive industry. The featured startups herein are some of the most unique problem solvers and innovators, making headway to catapulting the entire value-chain of recruitment.
Do let us know what you think.
While the notion that today tasks are made seamless with technology is well placed, job hunting has become a tedious process, right from polishing a resume and finding the right opportunity to having to fill out several forms and then waiting to hear from a prospective employer. According to the Society of Human Resource Management, almost 60 percent of job seekers quit midway filling out an employment application if it's too long or complex to understand. On the flipside, employers often have to sift through piles of job applications, only to end up hiring the wrong person for the job.
On a second thought, how convenient would it be if a candidate could get automatic recommendations for suitable jobs? Or companies could find the right candidate fit for the job role and the company's culture? There are several such solutions to even more peculiar challenges in the recruitment industry.
The Recruitment industry is already touching over $400 billion worldwide & the sheer pedigree of the Indian entrepreneurs in the HR Space makes us believe that the next unicorn might just come from the Recruitment Industry.
Naukri.com, Google Jobs, Facebook Jobs and LinkedIn are the biggest players in the Recruitment Industry in India. While Recruitment Startups also face tough competition from ~23,000 Traditional Recruitment Agencies in India, some Recruitment Companies have carved a niche for themselves. This edition brings you niche players from the Mumbai region, in this highly cut-throat competitive industry. The featured startups herein are some of the most unique problem solvers and innovators, making headway to catapulting the entire value-chain of recruitment.
Do let us know what you think.
