Bangalore: Freshersworld.com launched an innovative technology to help recruiters hire Entry Level Graduates instantly along with a job posting. RPE (Relevant Profile Extractor) Technology combines deep learning for interpreting data points such as candidate application history, activity profiling, interest shown for similar jobs (and 16 other data points) as well as probability algorithm for analysing the “show” to “no-show ratio” to give recruiters a sixth sense of who are the most probable hires from the bulk of resumes. The instant access to 100 Relevant Profiles matching their requirement using the RPE would help them close the requirement instantly.
Commenting on the technology, Joby Joseph, CEO Freshersworld said, “RPE Technology is an innovation which will change the way recruiters look at job portals. Earlier, recruiters had to wait for weeks to get candidates to apply for jobs but with RPE, they will get relevant profiles instantly.” “It is so much more than just matching candidates to job openings available. Our data science team has been working on this algorithm for more than 1 year and have been able to crack the problem statement with conclusive and proven results,” he continued.
According to the company sources, the RPE powered Hot Job posting was stealth launched 3 months back and some of the prominent clients of Freshersworld were introduced to this with a preview. The results achieved through the launch have been encouraging and learning’s achieved through it has been used to better the product. The company has claimed that according to their clients, accessing huge data of profiles doesn’t mean anything and getting interested candidates to turn up makes all the difference between a good database and a junk one. With RPE, the probability of candidates turning up for interviews increases tenfold.
“Machine learning is a continuous process and the system is only going to get better in the coming months. Our data science team will continuously monitor the results and a certain level of human intervention will be required to make the data more accurate. It is like performance tuning,” Joby concluded.
Freshersworld is a leading Job Portal for Entry-level hiring in India. It has been in the forefront of developing innovative recruitment solutions for the hiring industry. RPE technology, Hot Job posting, Post-n-hire, Virtual Campus Recruitment are some of the products that have been launched recently.
