Bengaluru: Hiring start-up HackerRank (Interviewstreet Inc.) on Tuesday launched a beta-version of a product, HackerRank Jobs, to make job searches easier for programmers.
The California, US-based company said that after talking to about 1,000 programmers, it found that the job-seeking process for them was far from smooth due to lack of upfront information and feedback on applications.
To overcome this, while keeping recruiters in mind, it developed HackerRank for Jobs, available as an app on mobile operating systems iOS and Android, and on the web.
HackerRank, which received $7.5 million in funding from Japanese firm Recruit Holdings’ HR technology fund in July 2015, is one of many technology start-ups in the hiring sector such as Hiree, HackerEarth, Talview, LetsIntern and Belong. With its new product, it also competes directly with traditional listings sites like Naukri, Shine, LinkedIn and Monster. HT Media Ltd which publishes Mint, also owns Shine.com.
Software engineers seeking jobs can scroll through simplified and curated listings posted by companies on HackerRank for Jobs. “It’s not your conventional job listing. We’re making sure all the pieces of key information are presented in a very simple, visual way; information about what the company does, what is unique about them and what they are offering,” said Arpit Maheshwari, product manager, HackerRank.
The roles on offer as well as salaries are displayed upfront. If a candidate is interested in a job, they can opt in to receive a coding challenge created by the employer. Employers can then see the results and proceed with the application.
HackerRank also guarantees job seekers a response within five days of their posting. A candidate is automatically notified if a company does not respond within five days, ensuring feedback.
So far, HackerRank has made money by allowing companies to set up coding challenges on a platform called HackerRank for Work, which was automatically evaluated and ranked, cutting down on the hiring turnaround time and letting companies hire purely based on skills. The talent pool for this is drawn from the million users on its competitive coding platform, CodeSprints.
While the company said that HackerRank for Work would continue, HackerRank for Jobs offers HackerRank a new income source. Employers would be charged for this, while candidates can access it for free. The company also said it is yet to decide on the specific pricing plans for the platform, since it is still in the beta stage.
Fifteen companies, including Amazon, Vmware, Practo and Helpchat, are part of the beta stage in India, while Box, Palantir, Quora and Evernote are among the 18 companies that are listing jobs in the US. Developers can currently search for jobs in the San Francisco Bay Area, New York, and Bengaluru. The company said that new cities would be added by April.
HackerRank claims to have worked with more than 1,000 companies including Facebook, Google and Adobe so far. In the last year, it made a number of hires in senior roles, including former Facebook executive David Park as vice-president of products and growth, former Facebook and Google executive Grady Burnett as chief operating officer in October, and former senior Google engineer and a competitive coding champion, Ahmed Aly, as lead software engineer.