According to the online career recruitment solutions provider, around 55 per cent of the respondents said their recruitment department needs 5-10 man hours to hire a technology professional.
Moreover, 72 per cent highlighted that only two out of 10 of their correspondences with job seekers actually convert into hiring.
"Technical talent is notoriously difficult to access and recruit. Many are not active job seekers, and therefore are unlikely to have uploaded a resume to a database or created a web profile, which makes them 'unfindable'," Monster.Com MD (India/Middle East/Southeast Asia/Hong Kong) Sanjay Modi said.
Aligning to the current situation, Monster.Com today introduced 'TalentBin by Monster' - which provides recruiters access to candidate profiles aggregated from various social sources across the Web.
Through this platform, Monster.Com aims at finding the "unfindable" talent using a storehouse of information and web-based recruiting tools.
By harnessing the vast amount of professionally relevant information people share across the social web, TalentBin looks for potential job candidates.
By making sense of candidate social activity and compiling those details into a rich professional profile, complete with contact information, recruiters can find many previously undiscoverable candidates -- including those not actively seeking a new job, Monster.Com said.
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