Hiring Software: Helping Right Talent for Right Project?
Searching for the right candidate for the job is a challenging and expensive task for any business. While recruitment is filling the vacant position in the organization, talent acquisition is an active and ongoing activity in an organization that involves strategies to find and hire candidates for specific profiles based on skills and talent, such as, specialists, executives, and leaders. Hiring for such positions requires planning and finding the most suitable candidate for the positions that require a very specific set of skills.
There are plethora of different opportunities to use data used by various recruitment software to strengthen your talent acquisition strategy.
There are many strategies followed by recruitment software to find suitable talent.
- Recruitment software speed up the screening process
Manually screening resumes is one of the most time-consuming and tiresome parts of the recruiting process. Data shows that an application spends 38% of its time stuck in the screening process. With high-volume roles receiving more than 250 applications, automated resume screening represents huge savings in a recruiter’s time.
- Eliminate the unconscious bias during recruitment
Recruiting software can reduce unconscious bias by ignoring demographic information about a candidate such as his or her age, gender, and race.
The candidate recommendations this software makes about which ones to move forward can form the basis of more objective, data-based recruiting decisions.
- Convert recruiting into a strategic talent advisor role
By automating low-level administrative tasks, the software can transform recruiting into a more strategic talent advisor role.
Talent advisory functions include partnering with hiring managers and executives to plan proactive recruiting initiatives based on revenue and future growth rather than reactive back-filling.
70% of hiring managers assume that promoting long-term business impact requires recruiting teams to become more data-driven.
Software that gathers data over time enables recruiters to become more strategic and close the loop with hiring managers by measuring KPIs such as quality of hire.
- Innovations in recruiting software:
Innovations include automated resume screening using AI, blind hiring methods that anonymize candidates, talent rediscovery software, and recruitment chat-bots. Backed up by smart AI, Ideal recruiting software is designed to support a wide range of recruiting functions, including, sourcing, on-boarding, screening, and interviewing. The AI helps automate the process and based on the previously provided qualification data, shortlists, rank the strongest candidate for the profile.