Prime Talent Chain | Decluttering the recruiting and staffing industry

[primetalentcoin]

We all know about the problems that exist in the staffing industry. Right from posting a job vacancy to hiring a candidate, the money involved is huge. Yet, 95% of companies admit that they recruit wrong people each year. So why aren’t the companies getting the best-fit even after spending lavishly? What are the loopholes?

Prime Talent Chain speculates the problem is not investing in the right candidates. There are always shortcomings, the candidates can be indecisive, can have a change of mind, an unfavourable environment etc. However, there are a few factors that can be noted during a recruitment process to avoid hiring the candidates who are not the best of all or someone who will potentially shift the job. The chances of recruiters missing out on the better candidates are high because of the tedious manual process. The current recruitment process is so sleazy that it risks the careers for job seekers.

Job consultancies add fuel to the fire by acting as an intermediate and slowing down the entire process. Over time, the number of these agencies increased and with that also increased the fees. The intermediaries, a slow and manual process are the major loopholes. So what is Prime Talent Chain doing about this?

Making the fullest use of the available advanced technologies like Blockchain, Machine Learning, Artificial Intelligence and Big Data, PTC envisions a fast, automated and cost-efficient recruitment system. Sourcing resumes from various platforms to screening the resumes for credibility, all the functions are automated. In addition, PTC introduces skill communities, a curated and immutable database. Once the vetting is completed, based on the skill set and location majorly and other parameters, the resumes are segregated to fr skill communities. This ultimately eliminates intermediaries and time taking processes. Recruiters can access the skill communities required, example, Research Analyst - Egypt, and recruit the best fit in no time. 

The company will be starting crowdfunding very soon. Keep an eye on their website.

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[AliyaNasar06]

Will you have a presale?

[primetalentcoin]

Will you have a presale?

Yes. Check out our website for the details.

[AliyaNasar06]

Good project guys. But I think it will take time for people to understand the project and use it.

[primetalentcoin]

Good project guys. But I think it will take time for people to understand the project and use it.

Thanks! True

[garyyreesee]

What is the fee to access skill communities ?

[primetalentcoin]

What is the fee to access skill communities ?

Haven’t decide on it yet.

[garyyreesee]

Who are passive candidates?

[primetalentcoin]

Who are passive candidates?

 Individuals who are not actively looking for a job change but can be convinced to change. PrimeSource searches through social networking sites, like LinkedIn, and analyses candidate profiles. With its AI-based algorithm, which has over 50 predictive variables, it identifies passive job seekers that may be potentially looking for job change in the next 30-120 days.

[garyyreesee]

How do you say chatbots are easy. It won’t know a lot of things and it does not give confidence at all.

[primetalentcoin]

How do you say chatbots are easy. It won’t know a lot of things and it does not give confidence at all.

Chatbots
• Personalized user experience with human-like voice quality of the message.
• Voice modulation capabilities to emote feelings of sympathy.
• Naturalness in audio output that closely resembles human voice.
• Intelligibility that easily understands the candidate’s concern.
• Can respond to any query as expected by a candidate.

Chatbots also help recruiters in repetitive and administrative tasks, thus making them more productive & efficient in other activities that require human interaction & judgment. As chatbots are interfaces, for them to be smart to understand the context and be able to share relevant information with the user, they need to be extensively trained. This requires data and an intelligent underlying algorithm. Complex queries are moved to the HR.

[ruthhelen]

How are you different from LinkedIn?

[primetalentcoin]

How are you different from LinkedIn?

Check our website

[ruthhelen]

Very nice

[primetalentcoin]

Very nice

Thanks