Jobable - a data-driven career platform in Hong Kong - has leveraged a machine learning algorithm to produce relevance scores which help applicants find the most suitable job for them.
"We want the Jobable Score to be the 'signal in the noise' for job seekers and employers. Our goal is to save time for everyone involved in the recruitment process. Job seekers are guided towards open positions that they have the best chance of being short listed for and being offered an interview. At the same time, HR managers and recruiters quickly identify the talent pool most suitable for the roles they are offering," said Richard Hanson, Chief Executive Officer of Jobable.
Jobable automatically analyses hundreds of data points from every digitally submitted curriculum vitae to calculate relevance scores for all job opening on its platform, and show it to both job seekers and employers.
Once applicants have been scored, Jobable will "take the search out of job search" and recommend the most suitable jobs for the person. Since the scoring mechanism goes beyond simple keyword matching, applicants might get recommendations for jobs that they have never even considered before.
"If you want to hire a database administrator, you need to know that both Oracle and PostgreSQL are relational databases, but that MongoDB, while a database, is not relational. In the same way, when hiring a maintenance technician, you need to know that a Grade C electrical work certification automatically qualifies you for Grade A work - but not the other way around. Our algorithm has learned this, and uses this knowledge to assess the relevance of your work experience to the opening," said Luke Byrne, Jobable's Chief Product Officer.
"The Jobable Score is really just the start for building a relationship of trust with job seekers. In the near future, job seekers will receive feedback on the reasons why their score fell short against other applicants for the same position, giving them an opportunity to up-skill or improve their work experience. We don't believe many other products and services are thinking about the job seeker's experience in the way we are at Jobable," added Bryne.
Since its launch in early 2016 Jobable's popular jobs board has experienced 200 percent month-on-month user growth. The career platform said that it plans to expand the availability of Jobable Score to other Asian countries soon.
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