This is the second part of our blog on How Job-Resume Matching Engine Works In the first part we discussed the first three sections of the Resume screening process - Vocabulary and AI training models, Resume Indexing and Job Indexing. In this article, we focus on the final and perhaps…
Missing out on a quality candidate in a swarming number of applications is a prevalent problem for recruitment teams worldwide. Not only is it virtually impossible for recruiters to scan through every application received, but the mundane task also takes up the valuable time of recruiters. To address this issue,…
How Skillate is facilitating Inclusiveness in Recruitment with AI 50% of all hiring is a failure. Sounds impossible, isn’t it? In a process involving experts with years of know-how of recruiting, as well as hiring managers and interviewers with decades of industry experience, it is unthinkable that the success…
According to the recent LinkedIn Future of Recruitment survey, 47% of recruitment professionals believe that there will be a cut in their company's recruitment budget in the coming year. Most also believe that recruitment-related travels or events would be significantly affected by the current global pandemic. Though a significant proportion…
Resume Parsing, is extracting information from a non-standard/free-form resume or CV to convert it into structured information. This data can then be stored, analysed and reported. The resume is first imported into the parsing software and then information is sorted and stored in the system.…
“4 out of 5 people have their jobs affected by COVID.” Fact. “Coronavirus will result in 300 million people losing their jobs.” Fact. . . . . . “The COVID situation will help create more jobs in the future.” Wait, Hear me out. Before you point your fingers towards the data above or snarl at…
"Why does a solution that promises to automate the mundane process of screening resumes and potentially save a lot of time in the recruiting process, is still looked down upon with suspicion?" The answer is - Reliability.…
A technical e-book explaining the working of AI-based Resume Parser.…
Automation in hiring is not a new phenomenon. But why COVID might have accelerated the process?…
The global recruitment software market was valued at USD 1753.2 mn in 2017 and is expected to grow at a compounded annual growth rate of 7.4% to reach USD 3095.8 mn by 2025.…