14 January 2015, Comments 0
Jobbing Umbrella Company employees contemplating new contracting opportunities have a newly revamped resource to help them, thanks to significant technological enhancements to contractor recruitment platform Elevate. Elevate was launched in 2012 to match job-hunting contractors with contractor-hunting employers. It does not involve third parties and therefore no personal details can be viewed by anyone outside the system. Contractors simply complete a profile and Elevate matches them with relevant vacancies, enabling the contractors to deal directly with prospective hirers. Once a contract is secured, the platform can be switched off until the contractor is back in the job market. Announcing its latest technology release, the company said: “In line with our vision to empower independent workers, and aid employers to maximise their contingent workforces, the recent improvements focused heavily on improving the candidate and employer experience in addition to introducing the next evolution of our candidate matching and ranking algorithm.” The platform now sports more advanced job board integration, allowing candidate applications to be parsed straight from the boards into the system. Conversion rates for employers are currently running at 80%. The platform’s user interface has also undergone a makeover, with much easier navigation and a fresher visual style. Most importantly, data scientists in the Elevate Labs have significantly refined the platform’s candidate matching technology to take in much more data, such as employers’ previous recruitment trends. The result is more accurate matching between the suggested candidates and the available vacancies. Candidates are ranked based on an employer’s previous recruitment trends and the most relevant are always at the top, radically reducing the time that would have been spent searching through huge lists of contractors.