Aasaanjobs is a digital recruitment platform that aims to address challenges in the traditional recruitment process such as a lack of relevant candidates, poor interview turnout, and inefficient hiring practices. The platform uses algorithms to perfectly match jobs to candidate skills, sources candidates from various partners, and has facilitated over 2 million job interviews. It provides recruitment solutions like guaranteed interviews, contract staffing, and audio job descriptions to create transparency and make the hiring process more efficient for both employers and job seekers. Aasaanjobs has established itself as an innovative recruitment marketplace with technological features and over 10,000 client companies.
2. CHALLENGES IN RECRUITMENT
HURDLES TO OVERCOME
Dearth of relevant technology
Unavailability of candidates on a digital platform
Poor turn up ratio for interviews
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Unsystematic Hiring Process
3. THE RECRUITER’S CHALLENGE
CURRENT HIRING SCENARIO
The typical flow on posting a job requirement
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200
60
40
20
Contacts
Purchased and called
Interview line up
Candidates who agreed to come
Interview turn up
Candidates who actually turned up
Selections
Number of candidates selected
Closures
Number of candidates who joined the
company
2000
4. THE RECRUITER’S CHALLENGE
THE INADEQUACY OF THE DATA MODEL
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Data quality
Invalid phone numbers due
to change in service
providers or location
Irrelevant job seekers
Who have jumped to a new job
role not requiring any
specialised skillset
Inactive candidates
Who are well settled and not
searching for a job
The market needs process innovation as much as it needs technology innovation
X
5. BRINGING INNOVATION TO RECRUITMENT
BREAKING THE MARKET
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A digital marketplace replicating the offline recruitment world
A typical flow on posting a job requirement in the Aasaanjobs’ ecosystem
Job posting
A job is posted for 50
candidates
Requirements
20 recruiters pick up the
requirement
Candidate sourced
10 candidates sourced by
each recruiter
Interview
200 candidates turn up for
interviews
50
6. A STORY OF INNOVATION (1/3)
INTEGRATED SOURCING NETWORK
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INDUSTRIES
SOURCES
158
field recruitment
partners
170 colleges
395
NGOs
21 online sourcing
partners
465
manpower
agencies
BFSI Logistics
E-commerce
Retail
Manufacturing
Matchmaking
Algorithms
Perfect job to skill matching,
ensuring that shortlisted candidates
perfectly fit the job requirement.
Total manpower sourced
Total manpower interviews facilitated
( +assessment interviews)
Employee app downloads achieved
2,09,033
65,000
50,000
(Data as of 2016)
7. A STORY OF INNOVATION (2/3)
TECHNOLOGICAL STRIDES
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Transparency
Transacting job, job seeker
information with candidate
feedback
True Marketplace
A marketplace of employers,
consultants and candidates
Recommendation Engine
Matchmaking algorithm for the
perfect fit
Seamless Accounting
Seamless and instant
transactions
Client Relations
Dedicated account managers
Credit System
Prepaid model to tackle cash
flow and collection issues
8. A STORY OF INNOVATION (3/3)
PRODUCTS AND SERVICES
Permanent Recruitment
Hire employees to grow your
business
Vernacular platform
Aimed at addressing the diversity
in languages.
Audio Job Descriptions
To enable a candidate understand a
job role better.
Contractual Staffing
Bulk hiring on contractual
basis simplified
Visibility and Recruitment Solutions
Company Career Page to create better visibility
among candidates along with other unique features
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LOGO
Guaranteed Interviews
Save productive business hours
through relevant candidate
interviews