Staffing Aggregator | MSP / Contingent Workforce Solutions | RPO / Total Talent Acquisition | Staffing Service Provider (Recruitment Agency) | Crowd Sourcing |
---|---|---|---|---|
An Overall Staffing Constitution with practical Attributes: 1. Sourcing 2. Tracking 3. Pre-Hire Measures 4. Post-Hire Measures 5. Account Manager Support 6. VMS 7. HRTech 4.0 (All in One Solution) |
Consists of: 1. On-Site Traditional Staffing 2. Standard VMS or ATS Tools 3. Pre-Hire Basis 4. Only Sourcing Or Retainer Model |
Consists of: 1. On-Site Traditional Staffing 2. Standard VMS or ATS Tools 3. Pre-Hire Basis 4. Only Sourcing Or Retainer Model |
Consists of: 1. External In-bound Marketing 2. Mostly Out-bound Hiring from Job Boards 3. Agency Candidate Database |
This platform basically allows Fee Split. Ex: hiringhub / jobsatteam, in UK |
Vendor Neutral or Client Bespoke |
Vendor-Specific, Vendor-Neutral, PSL, Niche Suppliers, Consultancies |
Vendor-Specific, Vendor-Neutral, PSL, Niche Suppliers, Consultancies |
Vendor-Specific |
N/A |
In-bound & Out-bound Integration |
Outbound |
Outbound |
Outbound |
B2B only |
Lowest Fee |
Market Rate Fee Bands (6-14%) |
Market Rate Fee Bands (5-10%) |
Traditional Agency Fees (+20% High) |
Medium Fee / Split Fee |
Global Arena |
Country to Country |
Country to Country |
Country to Country |
Country to Country |
1000's Of Vendors |
On-site team and Approved Vendors |
In-house team and Approved Vendors |
Own team |
Fulfilment not guaranteed, Depends on Vendor selection |
Global Market |
Managed Service |
Managed Service |
High Street |
N/A |
1st Profile in 5 Hrs & Complete Hiring in 7 Days |
Qualified Candidate Submission appx. 48-72 Hrs |
Qualified Candidate Submission as per SLA's |
Qualified Candidate Submission appx. 48-72 Hrs. Much longer for Permanent Hiring |
No comment |
AI + ML + Human In-Loop |
Human in Loop |
Human in Loop |
Human in Loop |
Very few with AI Sourcing & few are too traditional. No Human In-loop |
DB Access Over 1.3 Bn (Using AI Web Scrapers) |
Limited to job boards posted |
Limited to job boards posted |
Limited to job boards posted |
Limited |
SERVICE PARAMETER | JOB BOARDS | RECRUITMENT AGENCIES | AI / ATS BASED RECRUITMENT | HIREXTRA |
---|---|---|---|---|
Sourcing TAT |
80 - 90 Hrs |
75 - 115 Hrs |
65 - 120 Hrs |
5 - 28 Hrs |
Profiles per Position |
18-45 Profiles |
8-22 Profiles |
15-35 Profiles |
Max 7 Profiles After AI Validation. |
Profiles Relevancy |
45% |
65% |
45% |
92% |
Eradication of Duplication |
No |
No |
No |
Yes |
Quality & Accuracy |
48% |
72% |
38% |
97% |
Resource Replacement |
30 - 90 Days |
30 - 90 Days |
30 - 90 Days |
7 - 60 Days |
AI - Resource Ranking (AIRR) |
No |
No |
No |
Yes. Proprietary Patents pending |
Macho: JD Profile |
Key words based |
Human |
Some use Key words to Match whereas very few use AI to match. |
Yes. AI & ML based Proprietary Patents pending. |
AI Chat Bot |
No |
No |
No. Few of the Companies have integrated, but no Emotion or Reflex Analyzers |
Yes. World First AI ChatBot with Sentiment & Emotion Analysis. Proprietary Pending patents |
Predictive Analysis (AI) |
No |
No |
No |
Yes. Proprietary Patents pending |
Profile Validation (AI) |
No |
No |
No |
Yes. Proprietary Patents pending |
Reports & Analysis |
Moderate |
Basic |
Moderate |
High-end Customized. Proprietary Patents pending. |
Onboarding Ratio |
7 : 1 |
6 : 1 |
9 : 1 |
1 : 1 |
GDPR Checks |
Yes |
Yes |
Yes |
Yes |
Cost per Hire |
$$$$$ |
$$$$$ |
$$$$$ |
$$$$$ |
Time Consumed per Hire |
More |
More |
More |
45% Less |
Processing Speed |
Traditional Search |
Manual |
5X |
10X |
Pricing |
Subscription |
Success |
Subscription |
Success |
Limitations |
In house |
External and Inhouse |
In house |
1 stop shop |
Cost Reduction |
Traditional cost |
Agency Fees / Reputed charge More |
Subscription plus inhouse |
35-55% less when compared to Recruitment Agencies |
SERVICES PARAMETER | CROWD SOURCING PLATFORMS | AS A SUB-VENDOR | INDIVIDUAL OWNED AGENCY (PROPRIETARY BASED) | HIREXTRA |
---|---|---|---|---|
Dedicated Account Manager |
May Be |
May Be |
May Be |
Yes |
New Business Leads |
Yes |
Yes |
Yes. Need to Spend Most of Your Time |
Yes |
Free Profiles |
No |
No |
No |
Yes |
Sourcing Tools |
No |
No |
Your Own |
Yes |
AI JD Profile Matching |
No |
No |
No |
yes |
AI Predictive Analysis |
No |
No |
No |
Yes |
Profile Quality Checks in Product |
No |
No |
N/A |
Yes |
Applicant Management (Human In-Loop) |
No |
No |
No |
Yes |
Conflict Resolving |
No |
No |
No |
Yes |
Resource Replacement |
90-120 Days |
Depend on Supply Terms |
Your Own Terms |
90 Days |
Job Brodcasting |
No |
No |
Your Own |
yes |
Work from Home Or Small Office Setups |
?? |
?? |
?? |
Yes |
Conferences & Networking |
No |
No |
Your Own |
yes |
ATS |
No |
No |
Your Own |
Yes |
Deviation Request |
No |
No |
No |
yes |
Monthly Subscription |
Monthly |
N/A |
N/A |
NO |
Split Fee - Full Time |
50:50 |
Mostly Fixed , In General Less |
You have to Negotiate |
90:10 /70:30 |
Split Fee - contract |
50:50 |
Mostly Fixed , In General Less |
You have to Negotiate |
Margin Only / or/ Payroll with cost plus |
Invoice Payment |
90-120 Days |
Depend on Payment Terms |
Your Own T&M |
Below 90 Days |
Training (If Needed) |
No |
No |
No |
yes |
Discounted Job Portals |
No |
No |
No |
yes |
Discounted Linkedin Access |
No |
No |
No |
yes |
Team Creation or Sub Users |
No |
No |
Your Own Tool |
yes |
GDPR |
No |
No |
No |
Yes |
SERVICES OFFERING | EMPLOYER DIRECT | RAAS | SAAS |
---|---|---|---|
Sourcing |
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5 Hrs TAT - 1st Profile |
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Complete Hiring - 7 Days |
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Dedicated Account Manager |
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Dedicated Program Manager |
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AI Job Matching Analyzer |
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AI Applicant Skill Compass |
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AI Skill Analysis |
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AI Predictive Analysis |
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AI Employee Spectrum |
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Relocation Support |
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On Boarding Support |
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BG Verification Support |
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Payroll Support |
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Replacement Guarantee - Country Based |
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