Preetam and Ateeque, Founders of HiringMonk, completed their MBA together. Being close friends during college days, they always had the vision of starting off something on their own. As a matter of fact, many students dream about becoming the next world renowned entrepreneurs but few overcome the prevalent student startup mistakes and triumph. The duo started off interning with different HR consultancies and related profiles and just after a year and a half of completing their college, they joined hands to start HiringMonk, which helps employers in hiring the best candidates in a much facile way.
HiringMonk is India’s one inexpensive and guaranteed recruitment service for startups and SMEs. The experienced recruiters, unique modus operandi and guaranteed results make hiring easier than ever.
The startup has broken down the end to end the hiring and recruitment process into 3 fixed fee plans. As per the job description, the experts at HiringMonk suggest you an appropriate plan. After which the client is assigned with a devoted recruiter also known as an Operations Manager who’ll cater to their hiring needs for the tenure of the next 30 days.
You spend loads of time in the process of hiring the best candidates for your company but with Hiring Monk, all the aspects of hiring and recruitment is managed by an Operations Manager who will post the client’s job, segregate the irrelevant applicants, conduct a tele-round of interview, schedule candidates as per the client’s convenience, negotiate salaries, conduct reference checks and send a fresh batch of 3 to 5 relevant CVs every alternate day. Moreover you pay for one and hire as many as you want. Sounds like a splendid deal, right?
However, the biggest barrier for them turns out to be the subjective nature of the manpower industry. The dexterous follow-up required to make sure that the candidate reaches the specified venue at the scheduled time, turns out to be extremely exasperating.
According to Preetam, the hardest part of the job is the time taken to make people understand the concept over a phone call. There has hardly been a client who’s heard the entire concept, understood the guarantees and has not been converted from a prospect to a client!
Surprisingly, HiringMonk is doing far better than what was projected. But the core concept and cost effective plans are simply loved by clients, especially startups and SMEs. They have maintained a hit ratio of over 85%, which is an amazing achievement in itself.
Unlike any other company in India, HiringMonk has launched the next big thing in the hiring and recruitment industry; Intelligent CVs i.e. authenticated resumes and Video Resumes. And guess what? There are clients who are already excited about it!
We are all inspired by some person in life and so is Preetam. “There have been a lot of people that teach/mentor you. I have a list of people who made me the man who I’m today, but eventually it’s YOU in the end. The only thing that inspires me is my inner interest to take HiringMonk to the next level! Nothing happens, unless you make it happen!” signed off Preetam.
In the age of unemployment, hiring the best and most suitable individuals becomes an intricate task and HiringMonk is the silver lining peeking from under a dark cloud. It takes a lot to become an entrepreneur from a wannapreneur and the confidence of the team of never dissatisfying a client is the most appreciated feature any startup has ever shown and is surely the one thing pulling in prospects. We wish them luck for the future!
Many other startups like Next Cubicle, Youth4work, Gomediajobs have entered the hiring and recruitment space with different novel approaches. Only time can tell whether the performance of these newbies can manage to supersede other Juggernauts in the battle field!
Do have a look at Hiring Monk and share your views on this startup with us!