Recruiting market capacity
DISCIPLINA offers a solution for the recruitment market. We have developed a convenient algorithm for finding employees. Furthermore, we have attracted educational institutions with a database of successful students. What are the current trends and statistics of the recruitment market, and how does the DISCIPLINA platform fit into them?
According to statistics, 87% of recruiters (data concerning the US) use Linkedin to validate candidates. It takes an average of 39 days to find one employee, and half of the recruiters conduct 3 interviews with candidates beforehand.
One vacancy receives a response of 250 resumes, among which recruiters should choose from four to six candidates to conduct interviews, while only one will receive an offer.
The average cost of hiring an employee is $4,129.
On the other side of the fence are the applicants. On average, a job seeker spends 11 hours a week looking for a job. 44% of recent graduates find it difficult to find a job. Moreover, 35% of vacancies require at least a bachelor's degree, 30% - a junior specialist degree, and only 36% have no requirements for higher education: a high school degree is enough.
To find a job, they use job boards, as well as social networks, in particular, Linkedin.
Artificial intelligence is gradually being introduced to searching, evaluating, and verifying an employee. A system of recommendations is also being developed. This is the system where an automatically configured algorithm offers the recruiter the most relevant candidate for a position.
We can clearly see that the main problem is time and money expenses. If the initial search setup were more accurate and there were no need for data validation, the subsequent recruitment steps would be reduced in costs and duration.
DISCIPLINA keeps data about candidates on the blockchain and pre-verifies it for authenticity. Here, users can find information about academic performance, skills, and work experience. Also, each applicant has a score, which helps to choose the best one. The data is stored in a uniformed format. A user can access it from anywhere, and the candidate's search is not limited geographically.
We dramatically reduce the time and money spent on finding a candidate. Use DISCIPLINA for recruiting!
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https://www.disciplina.io
