Monster India launches TalentBin to match employers to talented candidates

Survey by company reveals that one in two employers feel it difficult to hire talent for niche skills in technology

Online career and recruitment firm Monster India has launched TalentBin, which provides recruiters access to candidate profiles aggregated from social sources across the web, as its recent survey revealed that one in two employers in the country feel it difficult to hire talent for niche skills in technology.

During the survey, around 55% of the respondents said their recruitment department needs 5 - 10 man hours to hire a technology professional. A total of 72% highlighted that only two out of 10 of their correspondences with job seekers actually convert into hiring.

This prompts the need for a platform that facilitates in saving recruitment timeand offer a powerful pipeline and candidate interaction tracking, said Sanjay Modi, managing director, for Monster India in India/Middle East/Southeast Asia/Hong Kong.

 

He added,"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'.

However, relevant talent is spending time online and leaving their footprints, demonstrating the professional skills that make them desirable candidates.

This makes way for recruiters to find the 'unfindable' in time and at the right place. Interestingly our survey indicates 87% agreeing that there is a need for disruptive technology to find relevant talent. We need to look at augmenting how recruitment is approached"

The analysis is based on a quantitative survey with more than 245 respondents from across industries.

Through the new platform Monster.com aims at finding the "unfindable" talent using a storehouse of actionable information and web-based recruiting tools, he added. TalentBin by Monster is also a solution to the evolution of online and web hiring with social web playing a critical role.

By harnessing the vast amount of professionally relevant information people share across the social web, TalentBin by Monster will surface potential job candidates by assembling profiles using current professional activities from relevant sites.

By making sense of candidate social activity, and compiling those details into a professional profile, complete with contact information, recruiters can find many previously undiscoverable candidates - including those not actively seeking a new job, said the company.