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Resume parsing can impede the bias that inevitably rises in the hiring process and allow applicants to be ranked based on the objective information. The software can be programmed to disregard and conceal the elements of a resume that can lead to bias (e.g. name, gender, race, age, address, etc). [11]
An Applicant tracking system has 8 main use cases: Source qualified candidates, Job posting, Parse resumes, Filter and search candidate database, Rank and rate candidates, Manange and track applicants, Schedule applicant interviews, Communication tools like automated emails and reminders to candidates and hiring manager, Reporting and analytics ...
Naukri.com was launched on 27 March 1997. The company was started as a floorless employment exchange. It was a database of resume, jobs, and recruitment consultants. . Conceived as a platform of job seekers and hiring managers to meet, the services went commercial in Octob
Apna.co is an open platform for candidates but since 2022 it has used a subscription-based model for employers which is the primary source of revenue. The platform serves over 1,000 enterprises and more than 100,000 small and medium-sized businesses. [13]
In the early 1990s, Jeff Taylor, the owner of human resources company Adion, contracted Net Daemons Associates to develop a facility whereby job seekers could search a job database with a web browser. The site went live in April 1994 as Monsterboard.com. It was populated with job descriptions from the newspaper segment of Adion's business.
CareerBuilder was founded by Robert J. McGovern [12] in 1995 under the name NetStart Inc. [11] They originally sold software allowing companies to list job openings on their Web sites and to manage the incoming e-mails those listings created. In 1996, Netstart raised $2 million in investment. [13] [14]
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It generates revenue by selling premium job posting and resume features to employers and companies hiring. [5] In 2011, Indeed began allowing job seekers to apply directly to jobs on Indeed's site [ 6 ] and offering resume posting and storage.