Do you think there is lack of quality resumes now?
As per research commissioned by Glassdoor, as many as 95% of companies admit to recruiting the wrong people each year!!! This can put a huge dent in the companys budget and resources. According to a CareerBuilder study, The average cost of one bad hire is $17,000!! One of the primary reasons for a bad hire is the lack of curated resumes. Job boards have a huge pool of resumes. Sometimes the same resume sits under multiple disciplines. This makes the curation process very dicult and Time-consuming. Chicago-based CareerBuilder, which specializes in job advertising and HR software, suggests that one of the reasons for a bad hire is the companies need to hire someone quickly. This pressure to hire quickly makes hiring managers and agents commitment to their job requirements and basic reference checks.