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Topic: Prime Talent Chain - Decluttering the recruiting and staffing industry - page 4. (Read 503 times)

copper member
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newbie
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What is the coin allocated for ICO?
copper member
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Do you think there is lack of quality resumes now?


As per research commissioned by Glassdoor, as many as 95% of companies admit to recruiting the wrong people each year!!! This can put a huge dent in the company’s budget and resources. According to a CareerBuilder study, “The average cost of one bad hire is $17,000”!! One of the primary reasons for a bad hire is the lack of curated resumes. Job boards have a huge pool of resumes. Sometimes the same resume sits under multiple disciplines. This makes the curation process very dicult and Time-consuming. Chicago-based CareerBuilder, which specializes in job advertising and HR software, suggests that one of the reasons for a bad hire is the companies’ need to hire someone quickly. This pressure to hire quickly makes hiring managers and agents commitment to their job requirements and basic reference checks.

newbie
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Do you think there is lack of quality resumes now?
copper member
Activity: 126
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amazing project guys..


 Thank You
copper member
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What is company about?


 PTC pledges to reduce the expenses by 80% by eliminating the involvement of intermediaries like job portals/consultancies. Using skill communities ultimately saves the money that is spent on vetting and communication as the PTC ecosystem is automated and is supported by technologies Blockchain, AI, Machine Learning and Big Data.
newbie
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What is company about?
jr. member
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What is the fee to access skill communities?    Grin
jr. member
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Haven’t decide on it yet.Who are passive candidates?
newbie
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One of the interesting whitepaper.
copper member
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newbie
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newbie
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Good project guys. I am expecting.
copper member
Activity: 126
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Why do you want to have skill communities? If you just have verified candidates itself it would be enough for the recruiters  to select.



When things are segregated based on a few parameters, it is easy to choose one among them. We all can agree on this. For instance, a neatly segregated wardrobe will help us save a lot of time when we try to find one apparel in particular.

This applies to the recruitment industry as well. You might be thinking How?

Candidates with different capabilities and skills apply for a role that is not entirely appropriate to them. When a job opening receives 250 resumes on average, 75% to 88% of them are unqualified or under qualified. For a recruiter, hiring the best-fit is easy when there is a group that consists of verified and skilled professionals.

PTC develops Skill Communities using Blockchain technology that makes it a highly secure solution solving the pressing problems of the recruitment industry.

newbie
Activity: 112
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Why do you want to have skill communities? If you just have verified candidates itself it would be enough for the recruiters  to select.

copper member
Activity: 126
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copper member
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So what are the parameters for segregation?



Location and the skill set of the candidates are the two main parameters for segregating the candidates.


The other parameters used for building the skilled communities are:
  • Skill rating
  • Educational qualification
  • Experience level
  • Feedback from previous employers and interviewers
  • Domain and related aspects
newbie
Activity: 149
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So what are the parameters for segregation?

copper member
Activity: 126
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will u start you ICO this year or next year?


Please check our website to know about the ICO dates
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