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In the past decade or so, several companies have sprouted up with the goal of making the hiring process more efficient. Each of these platforms has different theses and selling points, but the basic idea is to go beyond traditional job boards by using technology to generate a two-sided marketplace of candidates and companies. As these platforms grow, they have also started to experiment with novel methods of matching and evaluating candidates and companies. Some of the more well-known platforms include:
Platforms can be straightforward to use, even for small companies. The set-up cost is low, and you can easily ramp up or down as your hiring needs change. Most of these platforms are free to try but they charge a placement fee per candidate hired (usually a little lower than agency contingency fees). Hiring desirable candidates from these platforms can get quite competitive, as they are usually placed in front of multiple companies and may end up receiving several offers.