Recent research has indicated that an overwhelming majority of Fortune 500 companies – over 98%, in fact – utilise Applicant Tracking Systems. These systems are not solely the domain of large organisations, with many other companies across various sectors following suit in deploying such technology to tackle their staffing needs and concerns.
According to a recent study carried out by Recruiter Nation, companies are seeking methods to heighten their efficiency, with a specific focus on implementing state-of-the-art technology and Artificial Intelligence (AI) solutions to maximise their business practices.
With competition fierce for the most qualified candidates, more HR professionals and recruiters are recognising the value of utilising software to streamline the recruitment process.
What is a Recruitment Application?
Recruitment software is an umbrella term for a suite of applications utilised by Human Resources experts throughout the employee journey, encompassing advertising job vacancies, sourcing applicants, evaluating resumes, shortlisting candidates for interviews, and seamlessly onboarding new personnel. By automating more mundane tasks, the aim is to foster an efficient and streamlined recruitment process, engendering a more engaging and empowering experience for professionals and candidates alike.
What are the Benefits of Using Recruitment Software to Find Employees?
Given the paramount importance of acquiring and retaining top-tier personnel across all industries, businesses are perpetually seeking methods to enhance their recruitment processes. Utilising computer-based support is a logical next step in this endeavour, with recruitment software offering an array of advantages to companies.
The Value of Time
Employing tools to facilitate the recruitment process can result in significant time savings. Such tools can streamline commonplace tasks, freeing up experienced professionals to concentrate on more intricate duties. With recruitment software adept at automating processes like screening applicants and generating reports, businesses can conserve both time and energy, while also simplifying the process for candidates.
Reducing Bias
When attempting to foster fairness in the hiring process, eliminating human influence can greatly reduce the impact of unconscious bias. Objectively assessing applications based on data, rather than subjective opinions or preconceptions, enables the identification of candidates suitable for interviews without prejudgment. This approach constitutes the initial phase towards achieving a more diverse workforce.
Attract High-Profile Talent
Recruitment is frequently a multifaceted process, but with the assistance of technology, locating candidates in unanticipated locations is made simpler. Several available tools allow for job postings on websites and applications that may not have been on your radar, while also simplifying the applicant curation process by filtering based on essential criteria, guaranteeing the recruitment of the ideal personnel.
Involving Candidates in the Process
The recruitment journey can be protracted, and employers often encounter difficulties in sustaining the enthusiasm of applicants. Nonetheless, software has the potential to help captivate and sustain their attention. Establishing a human or online rapport with potential personnel is crucial for pinpointing individuals who best fit your company culture.
Gathering Important Data
We are now officially in the era of big data, with technology playing a critical role in data collection and management. Recruitment software, for instance, provides hiring managers and recruiters with invaluable insights that they can use to gain a better understanding of potential candidates and enhance the recruitment process. By leveraging the reporting functionalities of many of these recruitment platforms, employers can deduce which strategies do and do not work.
Furthermore, utilising such technologies enhances the security of invaluable data, such as application data.
Employing Six Different Tools
Tracking Application Progress
An Applicant Tracking System (ATS) ranks among the most commonly utilised resources in the hiring process. It evaluates CVs and other application materials to locate keywords and phrases related to the job description, enabling recruiters to swiftly isolate likely candidates and reduce the applicant pool for further consideration.
Procurement
If you seek to draw first-class talent to your organisation, it is crucial to take proactive measures and ensure your job uploads are visible on relevant platforms. Embracing candidate sourcing technology can assist you in identifying an array of job sites and databases to expose your postings to the most appropriate candidates. These tools are built to pinpoint the best opportunities, resulting in the development of a robust candidate pool comprising top-tier applicants.
Engagement with Prospective Personnel Management
Companies have long recognised the significance of Customer Relationship Management (CRM) systems in building long-lasting customer relationships. Candidate Relationship Management (CRM) software serves a comparable purpose, but specifically for job seekers. This system enables firms to pinpoint and inform the most appropriate candidates for vacant positions.
Rather than merely filling vacant positions, you are establishing a reservoir of prospective candidates while retaining their interest within your talent pool.
Chatbots and AI-Assisted Interviews
It is highly probable that you have come across a chatbot on prior occasions. The usage of chatbots no longer remains confined to customer service, as it is progressively gaining popularity in the hiring process. Such bots have the ability to answer frequently asked questions, schedule job interviews, and prompt potential applicants to submit their applications via your website or social media channels.
Infographic Displays and Dashboards
Infographic displays and dashboards are ubiquitous in numerous hiring systems, facilitating easy access to a trove of information and offering visual aids to enhance comprehension. Automated report generation provides a comprehensive overview of the present status of the recruitment process, identifying aspects that require improvement. Here is more information on automated reports.
Orientation
The hiring process does not culminate with the selection of a qualified candidate. Investing in employee onboarding is essential, and software can prove to be a valuable resource in this procedure. It can aid HR personnel in various initiatives, including training, orientation of company policies and procedures, and acquainting new hires with the required tools for their daily responsibilities.
The recruitment process has undergone a noticeable transformation in recent years. These tools provide a multitude of advantages for both job seekers and hiring personnel and are projected to remain in use despite any future alterations in the realm of employment.
