What Are Deep Job Marketplaces? How Are They Different From Traditional Hiring Platforms?

What Are Deep Job Marketplaces? How Are They Different From Traditional Hiring Platforms?

The worst call a recruiter can get is from a panicked hiring manager who just received notice from a critical team member who was just assigned to lead a high profile project. Not only is it difficult to find great talent, it’s nearly impossible to source, vet, onboard, and get them started in time to meet the demands of a business. Things may get even more complicated when most platforms bombard you with hundreds of irrelevant applications, increasing your time to close the opening. Most candidates fall short when it comes to the many layers of What companies need today is a platform that provides them with more than candidate resumes and can take care of their other hiring requirements as well. 

This is what a Deep Job Platform provides. 

What Are Deep Job Platforms?  

A deep job platform delivers a more comprehensive experience, efficiency of administrative tasks and improves the economics of hiring via a two-sided deep work platform (discover, curate, match, select, onboard, pay, optimise) all in one place.

How do Deep Job Platforms Improve the hiring experience, increasing efficiency and improving economics?

Deep Job Platforms like FlexC address many of the problems posed by traditional talent marketplaces. Here are the ways a deep job platform improves the process:

01- Reduces Profiles 

Companies usually get a long list of applicants for every open job/contract/ freelance gig. Finding the best candidate out of those can be time-consuming. With the power of AI, vetting candidate profiles becomes easier. Using deep job platforms, recruiters can reach out to an average of 154 new candidates daily, which is 5X what a traditional recruiter would reach on a great day.

02- Provides transparency to both organisations and talent

Traditional platforms provide no detail about any candidate’s past performance. Whereas deep job platforms ensure that candidate profiles have some work samples or ratings from previous employers added to their profiles.

03- Monitoring Capabilities 

Deep job platforms are built with customisable dashboards helping companies track the performance and productivity of the hire. These features especially come in handy when managers have to monitor the productivity of a team of freelancers and contractors. 

 04- Re Engagement and redeployment are fast and easy 

Freelancers and contractors tend to stay with a company for a short span. Starting the same hiring process over and over again consumes a lot of time and effort for hiring managers. Deep job platforms take the efficiency of the hiring process a step ahead by providing one platform for vetting profiles, interviewing, assessment, background verification, onboarding, monitoring, payments etc.

How Deep Job Platforms Will Change the Future of Work? 

Deep job platforms like FlexC are digitising the high-end contract talent space that is monopolised by manual processes performed by layers of staffing companies, with corresponding hidden mark-ups, inefficiencies, and an all-around bad experience for talent and managers. Covid has allowed us to focus on finding ways to diversify our workforce structures. The way we work has become hybrid. And deep job platforms are a perfect fit for companies that wish to hire contractors and freelancers in their workforce. With more HR innovations paving the way in the future, more companies will need deep job platforms to automate the hiring process.

A technology-first approach to recruitment can put many hours back into a hiring manager's packed calendars, giving them time to focus on other tasks. Companies can sign-up on talent marketplaces like FlexC to fulfil their hiring requirements efficiently. FlexC is India’s first AI-powered talent marketplace, offering all the features every deep job platform should have. Plus, it is customisable, suiting every organisation’s requirements. Managers can bring their teams to collaborate, select candidates (based on % their profile that matches the role), conduct one-way video or online interviews, take assessment tests and onboard them at one place. The interactive dashboard helps companies with tracking productivity and payments.