Philadelphia Company Helps Companies Reduce the Cost of Hiring: Introducing Talentoid, a Resume Sour Recognizing that time and cost are two major flaws in traditional hiring processes, the team behind Talentoid put their heads together to come up with an alternative. The result? Curated resumes, sele
BigNews.Biz - Apr 30,2012 - Philadelphia, PA, April 30, 2012 -- Talentoid is a Philadelphia-based minority owned startup that decided to examine the traditional ways hiring is conducted. What did they find?
Hiring managers post job advertisements online and receive hundreds of resumes. Of these, only 5% represent qualified applicants. As a result, up to 60% of a hiring manager's time is spent weeding out unsuitable candidates. When there's an overhead of salary, benefits, and taxes for each hiring manager, a lot of money is spent on inefficiency.
In contrast, companies without hiring managers typically have their department heads conduct the candidate selection and hiring process, causing rifts in productivity. The other alternative is bringing on a recruiter, but recruiters often take months to deliver a candidate. Once the candidate is hired, the recruiter charges anywhere between 15-35% of the new employee's first year's salary -- easily thousands of dollars.
Joyce Akiko, COO of Talentoid asks,"If a hiring manager spends so much time looking at resumes, his or her time is not well spent".
And even when a recruiter is brought on, someone still needs to take the time to vet a candidate and make sure there's a great fit. So much time is wasted! When there are such great efficiencies, why does it make sense to spend tens of thousands of dollars on traditional hiring methods?
Recognizing that time and cost are two major flaws in traditional hiring processes, the team behind Talentoid put their heads together to come up with an alternative. The result? Curated resumes, selected from a variety of sources, hand-picked and graded based on job requirements.
Instead of being overwhelmed by applications, employers receive a batch of finely-tuned, on-target resumes from qualified individuals. A more cost-effective alternative, Talentoid's pricing starts at $495 for 3 days of resume selection -- a price comparable to posting a job advertisement online. Clients, however, only receive qualified resumes.
Talentoid presents a perfect solution for both the time and cost problem presented by traditional hiring methods. Founder and CEO, Gigi JK, says, "the cost of the solution Talentoid presents is just the icing on the cake for companies who want to hire in an economy that is just getting out of the danger zone".
To celebrate the launch of this new service, Talentoid is offering a limited-time offer: New clients will receive a Monster.com job posting free of cost. All resulting resumes will be sorted and graded to suit the client's needs. For more information, or to sign up for the service, Joyce Akiko can be contacted at firstname.lastname@example.org.
A division of GAMI, LLC, Talentoid is a Philadelphia-based minority owned startup that provides recruiting products and solutions. Founder and CEO Gigi Kizhakkechethpuzha is joined by Joyce Akiko as COO. Offering a faster and more cost effective alternative to traditional hiring methods, Talentoid offers resume sourcing and candidate screening. For more information, visit http://www.talentoid.com.
Recognizing that time and cost are two major flaws in traditional hiring processes, the team behind Talentoid put