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Publication: The Business Times, p 12
Date: 2 January 2012
Headline: Online recruitment goes virtual
Online recruitment goes virtual
Quantine has come up with a p ortal that allows firms to hire faster and at lower cost. By Teh Shi Ning
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CHOING the calls for "cheaper, better, faster" workers,
HR solutions start-up Quantine is offering an online recruitment platform which it thinks will help employers hire "better, faster, stronger".
And its founders, Daryl Low, 30, and
Kenneth Yap, 28, have ambitious plans for the two-and-a-half-year-old firm to become better, faster and stronger. "We want to compete against the large, established recruitment portals out there, the
Monster.coms of this world," Mr Low says. It may seem a lofty aspiration for what started as a firm selling HR departments skills assessment software, but Quantine has taken at least one big step towards it.
The duo, who decided to launch this business after graduating from Singapore
Management University, speak with obvious pride of their latest product, the
Next-5.com recruitment networking platform.
They say it has the potential to revolutionise online recruitment, by turning the current "passive" hiring on online job portals on its head with active creation of talent networks "for HR professionalsto connect with, engage, assess and hopefully, hire". The partnerships with aptitude and skills assessment providers such as Canada's Walden Testing, to run tests on behalf of human resource departments here, remains at the core of the Next-5.com platform.
But the crown jewel of their portal is a virtual interviewing platform launched last August. This allows employers to create and store templates of interview questions for various roles. Interested candidates may then access these questions over the portal - as though the interview is being conducted live - and using a simple laptop webcarn, record their responses for the employer's HR team to review