Technology

“Weekdays Highlights Importance of Job References in Professional Profiles”

Table of Contents

Introduction

When it comes to hiring the right person for a job, especially in remote positions, job references play a crucial role. However, despite their importance, more than 95% of recruiters don’t seek referrals from previous coworkers when assessing candidates for a position. This is where Weekday comes in – a hiring platform focused on referrals and references through job seekers’ social graphs.

The Problem with Traditional Hiring Methods

Weekday’s founders, Amit Singh, Anubhav Malik, and Chetan Dalal, encountered challenges while hiring for their previous startup. Despite using various job platforms and networking tools, it took them three months to find their first engineer. As a result, they turned to their networks to get references, which almost doubled their candidate pipeline.

Weekday’s Solution

Weekday was created to productize the same approach that the founders used successfully in the past. The platform connects recruiters with job seekers’ social graphs on LinkedIn or phone contacts, providing them with a shortlist of talent at various companies. Weekday’s shortlist is built by matching recruiter requirements, including years of experience, skills, sector, and type of companies previously worked at.

How It Works

To find jobs on Weekday, recruiters need to connect their social graphs on LinkedIn or phone contacts. Weekday then provides them with a shortlist of talent that matches their requirements. The average shortlist created by Weekday includes about 100 people, with recruiters typically picking about 10-12 they want to learn more about.

Once the final shortlist is selected, companies can use Weekday’s ‘Backchannel’ feature to get background references. Weekday selects people who have worked in the same organizations as the candidate and asks them for references. The reference process is automated through WhatsApp and email, making it easier for both the company and the job seeker.

Benefits of Using Weekday

Weekday has several benefits that make it an attractive option for companies looking to hire the right person:

Access to Passive Candidates: Weekday’s shortlist includes passive candidates who are not actively looking for a new job but are open to one. This increases the chances of finding the perfect candidate.
Time-Saving: Weekday’s automated reference process saves time and effort for both companies and job seekers, reducing the time-to-hire.
Increased Accuracy: Weekday’s focus on social references helps ensure that candidates are a good fit for the company culture and work environment.

Funding and Goals

Weekday has received $2.2 million in seed funding led by Venture Highway with participation from angel investors. The company aims to work with more than 1,000 companies and hit 250,000 active job seekers, with about 2 million passive seekers, by 2025.

Conclusion

In conclusion, Weekday’s focus on referrals and references through job seekers’ social graphs revolutionizes the hiring process, making it easier for companies to find the right person for the job. With its automated reference process, access to passive candidates, time-saving capabilities, and increased accuracy, Weekday is an attractive option for companies looking to improve their hiring methods.