Indeed launches AI-powered product, ‘Smart Sourcing’ designed to make hiring faster
- Finding qualified candidates is a challenge for 76% of Indian employers.
- 94% of employers believe that an AI product can significantly improve their efficiency.
Indeed, a global job matching and hiring platform and a subsidiary of Recruit Holdings, today announced the launch of a new AI-powered product to make the hiring process faster and simpler.
For employers, Indeed has unveiled Smart Sourcing, an AI-powered tool that enables them to source an active talent pool of nearly 300 million workers globally, based on profiles and resumes shared on Indeed. Indeed’s AI-powered matching engine instantly recommends the best candidates for a job based on an individual’s skills, experiences and qualifications. Employers can then quickly review matched candidates, directly connect with them, and ultimately hire faster.
Sourcing Remains A Challenge For Employers
A recent survey by Indeed revealed that one of the biggest challenges faced by employers is finding the right talent with the required skills. In India, 76% of employers struggle to source qualified candidates with the necessary skills. Indeed’s Smart Sourcing, powered by AI, empowers employers to find the most suitable candidate matches that align with job specifications and offers AI-generated summaries for suitable candidates.
The product’s customizable, AI-generated outreach feature streamlines the process of contacting potential hires with personalized messages based on their resumes and job descriptions, ultimately saving time and enhancing efficiency during the hiring process. The survey also found that 83% of Indian employers feel that a hiring platform designed to enhance efficiency and save time during the hiring process is the need of the hour.
Abhishek Dhasmana, Senior Product Director at Indeed said, “At Indeed, we believe that people are at the core of any successful organization. That’s why we’re committed to simplifying the hiring process, not just for efficiency, but also to create a positive experience for both employers and job seekers. Abhishek added, “We are pleased to introduce an innovative AI-powered ‘’Smart Sourcing’ that demonstrates our commitment to revolutionizing job matching and hiring in India.
Making Hiring More Efficient for Employers and Job Seekers
Smart Sourcing offers a plethora of benefits to employers, revolutionizing the hiring process through AI-driven technology. By effectively matching the most suitable candidates to specific job requirements, Smart Sourcing saves employers an average of 8.1. hours per week in recruiting and hiring. By instantly matching and recommending quality candidates tailored to specific job requirements, 95% of employers agree that ‘Smart Sourcing’ significantly reduces time-to-hire.
Job searching can be a challenging journey for most job seekers. Indeed’s recent survey reveals that 77% of job seekers emphasize the importance of employers understanding their preferences before reaching out to them. However, more than half of job seekers in India have been contacted for jobs that don’t align with their preferences. To address these issues, Indeed’s Smart Sourcing aims to streamline communication and improve the matching process, leading to more relevant opportunities for job seekers.
Indeed also recently launched Specialist Media Networks in India, designed to support employers in filling competitive and hard-to-fill job roles.
About Indeed
More people find jobs on Indeed than anywhere else. Indeed is the #1 job site in the world (Comscore, Total Visits, October 2023) and allows job seekers to search millions of jobs in more than 60 countries and 28 languages. Over 3.5 million employers use Indeed to find and hire new employees. More than 350M unique visitors use Indeed each month to search for jobs, post resumes, research companies and more. Indeed is a subsidiary of Recruit Holdings, a global leader in HR technology and business solutions that is simplifying hiring and transforming the world of work.
