From revolutionising recruitment with AI-driven screening and predictive analytics to enabling remote work through virtual collaboration tools, technology has streamlined processes, enhanced decision-making, and provided unprecedented insights into employee behaviour.
To minimise the cost and time investments in recruiting top talent and mitigate the risk of losing them to competitors, hiring solutions powered by advanced technologies such as AI, ML and blockchain are the way forward.
50% of companies say they did not hit their hiring goals and 60% say it is taking longer to hire, reveals The Hiring Insights Report by GoodTime, which goes on to show what it is important to move ahead in this key aspect in the era of the 'Great Resignation', the 'Distance Economy', and the 'War for Talent'.
The idea for Recruitment Marketing is to build a lead/talent pool that is keen to explore opportunities. It, thus, goes beyond just job postings and offers an attractive proposition for candidates to get to know more about the company, culture, talent, and opportunities.
The software provider, which has seen an increase in customer acquisition by 2.5 times from 2020 to 2021, plans to utilise the investment to expand its share of $176 billion global remote employment market.