WhistleTalk: Referral hiring made easy
The Bangalore-based start-up's Facebook-like online job referral concept leverages the social networks of current employees.
Inevitably, pursuing a job opportunity is a tedious process for a seeker. And, for a manager, hiring is an expensive affair. "Not any more," say Vinoo Chacko and Ajay Nema, co-founders of Bangalore-based social referral hiring platform WhistleTalk.
WhistleTalk (www.whistle-talk.com) is a social hiring application that enables employees and hiring managers to find the best talent at the earliest. Users can help friends find their dream jobs and earn a referral bonus. WhistleTalk leverages employees' social networks - it connects with social networking sites such as Facebook, LinkedIn and Google Plus to accelerate employee referrals for job openings.
Typically, the social network of an employee includes those who worked with him/her earlier, those who studied with him/her, and those who share common interests. These are ideal candidates for the organisation. "More important, your current employee has an influence over his/her friends," Chacko adds.
No. WhistleTalk has strong anti-spam features. Further, the analytics and the recommendation engine ensures that only relevant job descriptions reach candidates.
WhistleTalk was co-founded by Vinoo Chacko and Ajay Nema in January 2012. In August, they raised Rs 2 crore from the Hyderabad Angels Network and launched a free-to-employees version on October 2, 2012. Through this, any employee could come on board, share openings at his/her company and get a referral bonus.
A senior human resource manager at a large broking firm says the company is able to save 60-65 per cent hiring costs through referrals.
Serial entrepreneur Raghu Bathina is the lead investor for the first round of funding by Hyderabad Angels Network. Bathina, a member of the WhistleTalk board, is an active advisor to the company.