Loxo's New "Readiness Score" is Transforming the Way You Think About Passive Recruitment

Recruitment has evolved significantly over the past decade — yet many systems, including traditional applicant tracking systems (ATS), are still stuck in a world where inbound applications dominate. But what about the majority of candidates who aren’t actively looking for new opportunities? In today’s landscape, sourcing passive candidates is the key to finding the best talent, and this is where the Talent Intelligence Platform and its Readiness Score stand out.

The shift from inbound to passive recruitment

For decades, inbound recruitment has been the go-to approach for many organizations. It’s easy to understand why — candidates who apply for jobs are already interested, making the process seem more efficient.

But this method taps into a small portion of the available talent. Only a tiny fraction of the workforce is actively searching for new opportunities at any given time. The real challenge lies in sourcing passive candidates — the majority who aren’t actively looking but might be open to the right opportunity.

Passive recruitment has always been difficult because recruiters have little visibility into whether a candidate is open to new opportunities. You might reach out to hundreds of passive candidates without knowing if they’re willing to engage, often with little response. The traditional ATS was never designed to tackle this challenge.

AI-driven "Readiness Score": The future of sourcing passive candidates

Loxo's Readiness Score changes the game in passive recruitment. Unlike traditional systems that rely on job boards and applicant tracking, the readiness score uses Loxo's proprietary artificial intelligence to assess trillions of data points across career progression, tenure, and other key attributes. This allows recruiters to determine who might be ready for a career change, even if they’re not actively job hunting.

This AI-driven insight helps recruitment organizations source candidates who are most likely to respond and are genuinely ready for the next step in their career, making sourcing passive candidates far more efficient and effective.

Moving beyond LinkedIn and job boards

Platforms like LinkedIn offer a feature that allows users to indicate if they’re “open to work,” but this is still limited to candidates actively adjusting their profiles. Most passive candidates won’t make such an update. The Readiness Score, on the other hand, doesn’t rely on candidates’ direct input. Instead, it analyzes a wide range of factors, including how long they’ve been in a role and their career trajectory, to predict their openness to new opportunities.

This level of insight extends beyond the small subset of candidates visible on job boards or LinkedIn filters, opening up a far larger talent pool for recruiters to tap into.

Transforming passive recruitment with actionable insights

Imagine having a tool that not only helps you find candidates but also ranks them based on their likelihood to be ready for a career change. The Talent Intelligence Platform does exactly this, and its impact on passive recruitment is transformative.

• Improved candidate matching: Recruiters no longer need to guess whether a passive candidate is open to new opportunities. The readiness score provides a clear indicator of who is most likely to engage.
• Better targeting: Instead of sending mass outreach to passive candidates, recruiters can focus on individuals with a higher probability of interest, improving response rates and saving time.
• Enhanced candidate experience: By reaching out to candidates at the right time in their career, recruiters can offer opportunities that align more closely with their current needs and motivations.

Conclusion: Loxo's Readiness Score unlocks the future of passive recruitment

Traditional recruitment methods often focus on active candidates, leaving a vast untapped potential in the passive talent market. The Readiness Score helps recruiters access this hidden talent pool by identifying which passive candidates are most ready for a change.

With this AI-powered approach to sourcing passive candidates, the Talent Intelligence Platform offers a unique advantage, allowing recruitment organizations to find the best candidates before they even know they’re ready to make a move. If your recruiting strategy includes sourcing passive candidates, the readiness score is the tool you’ve been waiting for.

This is part of a content series from our founder, Matt Chambers — 100 Reasons the TIP Will Replace the ATS. If you're interested to learn more or watch the videos, follow him on LinkedIn or stay up-to-date on the series here.