Private company | |
Industry | Information Technology and Services |
Founded | 2009 |
Founders | Felipe Navio and Juan Urdiales |
Area served
|
Worldwide |
Key people
|
Felipe Navio (co-CEO) and Juan Urdiales (co-CEO), Felix Ruiz Hernandez, (Executive Chairman) |
Number of employees
|
200 |
Website | http://www.jobandtalent.com |
Jobandtalent is a job marketplace based in Madrid, with offices in London, Bogota and Mexico City. The company was founded in 2009 by Felipe Navio and Juan Urdiales. Jobandtalent matches professionals with relevant job opportunities using an algorithm. Jobandtalent has over 10 million registered users and around 450,000 new users join each month.
Users who are looking for a job can sign up to Jobandtalent using their email address or via Facebook. To complete their profile, users manually enter their past professional information. Once a user’s professional information is registered, Jobandtalent´s matching algorithm identifies job offers that are suitable to the user's experience and preferences. When a job match is made, users are notified via mobile and can then apply to the role. Recruiters and companies can chat and hire employees.
To match candidates with relevant offers, Jobandtalent uses an algorithm developed by data scientists and engineers. The technology combines different algorithms that interact in a learning-to-rank function, introducing machine learning techniques to fine tune the matches. The algorithm takes learnings from the users and their interaction within the platform. The effectiveness is measured by a self-created metric: ATR (Application Through Rate), that measures the rate of applications that the algorithm generates per job view.
For the candidates who sign-up using Facebook, no private photographs or personal (protected) information, such as status updates, or job searching activity is accessible. Employers are only able to access a candidate's professional profile. However, there have been reports concerning the email invitations sent on the behalf of new users.
Felipe Navio and Juan Urdiales started Jobandtalent to make job searching easier for professionals. Urdiales previously co-founded a textile enterprise called Pluscuamperfecta. Navio worked at consulting firm McKinsey, and as an advisor for social networking site Tuenti.
Navio and Urdiales recognized that although professionals were interested in new job opportunities, they didn't have the time to search job boards and listings online. Since launching Jobandtalent in 2009, the company has worked on several approaches to this problem; from career guides, to integrating social platforms, and most recently incorporating the job matching technology currently used.