No More “Sending Resume, Checking Resume”, Says World’s Top Job Searchers

Hiring demand at Recruit’s Hiring Technology division saw revenue more than double.

The company behind the world’s largest employment portal says it has a solution to the labor shortage plaguing America: getting rid of traditional resumes.

“Despite an acute need for workers, “the hiring process is still going through, sending resumes, resumes,” said Hisayuki “Deko” Idekoba, chief executive officer of Japan’s Recruit Holdings Company. There’s a great opportunity to move beyond the old-school, current resume-profile culture: What can you do?”

By one estimate, the US is set to enter the toughest job market since the 1950s, and employers are struggling to fill both white- and blue-collar positions as job seekers reevaluate their priorities after the pandemic. We do. Recruiting demand saw revenue more than double at Recruit’s hiring technology division for the quarter ended September, earnings data released this week showed. Shares are up more than 80% in 2021, a jump that has made it Japan’s fourth-largest enterprise by market value.

Modern recruitment processes need to adapt to the times, Idecoba said, adding that many small and medium-sized businesses are still seeking to fill jobs like they did a decade ago. He cites the example of a restaurant that hasn’t updated its job description for a full decade. “You need a college degree, why?” He asked. “forget about it!”

Idecoba, who splits his time between Tokyo and Austin, Texas, where he is actually headquartered, said he recently had to wait 40 minutes at a US restaurant due to a lack of serving staff.

Instead, Recruit suggests job seekers submit questions and assessment tests to see if they know how to navigate the specific tasks the job requires. It also stores the answers, so unsuccessful job seekers can access them elsewhere.

For truck drivers who are “in dire need” in the US, Recruit has begun offering a chat-based hiring process, according to Idecoba, because drivers spend most of their days on the road and don’t carry laptops.

In addition, “there are too many people who can’t write a resume” or don’t have the skills to fill one out, he said, as well as the issue of millions of Americans with criminal records. Recruit is expanding its training options to help people write better resumes for the jobs that need them, and using technology to identify skills an applicant has that would be better in another field. may be transferable.

Recruit bought Indeed, a startup almost a decade ago, for reportedly $1 billion. Idecoba ran the unit before being promoted to CEO of Recruit in April this year. In addition to recruiting and staffing, it runs sites to find properties, used cars, book hotels and restaurants in Japan, where it seeks to expand its software-as-a-service offerings.

Idecoba says Indeed.com now helps people find double the number of jobs it did before the pandemic. “20 workers every minute,” he said, “but still we could not fix the labor shortage”.

(Except for the title, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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