Philippines – Online employment platform Jobstreet by SEEK has officially launched its newest innovative AI-powered platform in the Philippines to offer better job matches and insights for Filipino talents and employers.
In this new platform, Jobstreet leverages its parent company SEEK’s artificial intelligence (AI) technology to run AI models that can assess talent suitability, shortlist applications, and provide personalised recommendations. It has the ability to process data from various sources, including resumes, job ad descriptions, and the employer’s past behaviours.
Job seekers or talents will be able to see a ‘Top Applicant Badge’ if the platform deems them a strong candidate for the position, increasing their chances to apply for the role.
As part of the new platform, employers can now also make the talent-hunting process more efficient by choosing to include AI-recommended screening questions for their job postings as part of the job application process. This way, they’ll be able to assess more suitable talents based on their responses.
Jobstreet by SEEK is also introducing a new feature, which is the predictive approachability signal. By using predictive technology, potential employers may anticipate talents to approach for the job even before it is even advertised. The platform will go through various factors like talent activity and profile information to assess if a talent is approachable, helping employers when they’re headhunting for profiles on the platform.
Other features also include the ability to decide on profile visibility, which signals employers if a talent is open for job opportunities. Additionally, talents can also access insightful, data-backed career advice and salary information on the platform to help them make informed decisions in their careers.
All these enhancements in the platform will allow Jobstreet to link talents with the right job opportunities and employers to receive more qualified and relevant candidates for their job vacancies.
Jobstreet’s new platform enhancements are made possible by SEEK’s A$180m investment for the last three years as it unifies its three online employment marketplaces, namely SEEK, Jobstreet, and JobsDB. The parent company aims to accelerate their growth and unlock a larger opportunity across the APAC region.
Jobstreet by SEEK will first launch the AI-powered platform in the Philippines before it officially rolls out to the Asia region and the rest of the markets by early 2024.
Dannah Majarocon, managing director at Jobstreet by SEEK Philippines, said, “Over the last 20 years, Jobstreet has been helping millions of people in the Philippines improve their working lives, guided by our vision of ‘a job for every Filipino’. In recent years, we’ve seeing an increasing disconnect between the availability of jobs and talent due to the rise in skills mismatch and the ever-evolving job market. As the country’s leading online employment marketplace, we are constantly improving our platform to meet the needs of our Filipino talent and employers, and it’s now time to say hello to the new Jobstreet by SEEK. We are excited to be delivering even better job and talent matching with the transformation of our platform, that is powered by SEEK’s innovative AI technology.”
Speaking on the launch, Grant Wright, general manager of marketplace and AI products at SEEK, also shared, “At SEEK, we are committed to leveraging data and technology to provide the most effective, efficient, and fair recruitment solutions for talent and employers. We have been investing heavily in data and AI for over a decade with strong results, and will continue to do so as we aspire to make our products more effortless, personalised and trusted for our customers.”