In recent years, the workforce landscape has undergone significant changes, driven by advancements in technology, shifts in the global economy, and changes in the way we work.
Companies today are required to make drastic changes in the way they hire new employees and adjust to the quick workforce changes, yet hiring is still much based on long, manual, and gut feeling-based processes, and the use of data, insights, and predictive models are limited This leads to the increase in miss-hirings, less productive and fit employees, which eventually leads to non-optimized businesses performance.
With many types of research which show that almost 50% of new hires will fail very shortly, with these numbers going up in the last years due to the various formats of employment and hiring processes that are required to be adapted.
Research by Gallup estimates that actively disengaged employees in the United States cost businesses anywhere from $450 billion to $550 billion in lost productivity each year.
With the Gig Economy, Remote and Hybrid mods of work, The New Generations going into the workforce, and Trends like Quiet Quitting, the above numbers are expected to rise up.
Based on these stunning numbers, it is clear there is no better time than now to revolutionize the way hiring is done by pouring Science and Technology into the hiring and recruitment processes, allowing HR teams, Hiring managers, CFOs, CEOs, and others involved stakeholders to make better-informed hiring decisions while automating and reducing the Time, Resources and Costs it takes to make a good hire and avoid a bad hire.
This is why we founded Seal: We believe a huge problem and mission lies ahead of us, as we want to perfect the way both employers and employees fit each other.
We want employers to build the best businesses they can, by having the right and best-fit employees for their business.
We want employees to be happy, to feel satisfied, and wake up to their work with passion, smile, and hunger to succeed.
It is one hell of a challenge and it will take us a while, but we are super excited and pumped about the opportunity to impact the workforce landscape and one of the most significant factors in people's lives.
We are currently working super hard with our design partners to polish our platform and will soon launch our MVP version.
In the meanwhile, whether you are a Recruiter, HR Manager, Hiring manager, or any relevant recruitment process stakeholder, please feel free to contact us to learn more about our solution. We will be happy to get to know you and chat.
With Love,
The Seal Team.
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