Recruit CEO Discusses the Market Challenges in New Hiring Technology and AI

Japan’s biggest web company Recruit Holdings will have greater focus on Jobs and staffing business. Recruit is also the owner of the world’s biggest employment portal Indeed.com and Glassdoor. Watch below as CEO Hisayuki Idekoba, who took the position in April, spoke about challenges getting HR managers to look online for candidates.

 

 

Idekoba: The challenge we have is to convince folks to try new technologies. They’re not like marketing department people. So they are not saying like, hey, we need new technology, we need to try it, right. So but, you know, because of this pandemic, online assessments online to be doing online onboarding, these kind of technologies are well accepted from all people. And I think it was a great opportunity for us to move for the future with new technologies.

Host: How about the use of new technology, especially when you consider the threat or potential threat from larger tech companies?

Idekoba: We have already started to have online assessments or online interviews, but, you know, we’re getting more and more data. Millions of millions people finished assessments and online interviews, for example, somebody finished an interview within two minutes or spent 40 minutes is a big difference. So these types of new signals can improve our machine learning technology. Ultimately, it can serve seekers and employers better with our machine learning technologies.

*Bloomberg contributed to this content

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Latest

mastercard emv magstripe
How Card Issuers and Merchants Maneuvered One Year of Mastercard’s Magstripe Phase Out
August 13, 2022
Coming up on one year from the official announcement, retailers and card issuers rejoiced at Mastercard’s announcement that by 2024, issuers will no longer be required to use magnetic stripes on their Read more
DeLorean is Back…Actually They Never Left Us!
August 12, 2022
The forthcoming debut of the latest DeLorean iteration is discussed on the latest episode of “Are We There Yet?”. Host Grant Harrell talked with the automaker’s Chief Marketing Officer, Troy Beetz, Read more
How Teach for America Brings Diversity in Education to Houston Schools
August 12, 2022
Teach for America has been a cornerstone in creating more educators for the nation. The nonprofit founded in 1989 operates in more than two dozen regions across the country and introduces commitment Read more