Germany’s ISI Teletrade sets up job search site

German IT provider ISI Teletrade has set up a new job search engine site that aims to help address lingering problems with job-skills mismatch in the country.

JobMatch.pro, which was recently launched simultaneously in the Philippines and Germany, is expected to reduce by as much as 90 percent the effort and time spent by employers in looking for the right talents, and by applicants looking for the right jobs to match their skills, said ISI Teletrade founder Peter Steinbach.

This latest innovation from Germany uses an “intelligent” software that recognizes suitable talents while blocking unmatched applications.

“The Philippines is a perfect market for JobMatch.pro owing to the hundreds of thousands of job openings by foreign and local investors now taking advantage of the country’s emerging economy,” the company said in a statement.

Citing figures from the Commission on Higher Education (CHEd), ISI Teletrade said there were roughly 700,000 new college graduates every year but only 20 percent of them get hired.

The rest remain unemployed or seek jobs abroad.

To use the JobMatch.pro, employers will need to post a job opening advertisement with content-related categories on the skills requirements.

Applicants will only need to click on keywords to fit their skills qualifications with the requirements of the job opening.

The JobMatch.pro software program sends ‘bidder flags’ or the pink colored star to the employers to indicate that there are qualified applicants who have expressed interest.

Job hunters, meanwhile, can create profiles where they can indicate their skills and preferred jobs. The program can detect if there are job openings that match the job hunter’s skills and the would-be employee will then be flagged about the match.

ISI Teletrade, a member of the German-Philippine Chamber of Commerce and Industry (GPCCI), has 35 years of experience in marketing and so-called “sales psychology.”

Founded in Bochum, Germany, the company has 150 employees spread in its three offices in the Netherlands, Curacao in the Venezuelan coast.

It will soon have an office in the Philippines.