Want help with your hiring? It’s easy. Enter your information below, and we’ll quickly reach out to discuss your hiring needs.
According to an SHRM 2019 study, only 6.3 million people were looking for work, despite jobs being available in the United States. Still, with the current market’s widening skill gap, it’s becoming increasingly challenging to maintain a pipeline of qualified candidates ready to be employed whenever needed.
Recruiters are under pressure to fill open positions as open requisitions continue to pile up. This entails devising new methods for streamlining procedures, saving time, and increasing efficiency.
Today’s market offers various recruiting automation software and tools that may be customized to meet your individual needs. But first, let’s look at which aspects of your recruitment process can be automated with ease.
1. Optimizing the Applicant Funnel
To establish an application funnel, you can employ specific strategies in the recruiting process to weed out individuals who aren’t the best fit for the job, reducing the talent pool only to include suitable candidates.
But what role is automation play in this?
This state-of-the-art tech innovation can promote more specialized tech talent to apply to your job post by attracting targeted, qualified talent through customized adverts, emails, or website pages.
Rather than inviting 5,000 individuals who may or may not possess the necessary abilities, automation will concentrate on the 500 who do. Compared to many other recruitment tools or processes, this will result in a higher hiring rate and lower turnover.
This software may add application pop-up boxes to your website and initiate email campaigns. Of course, at the end of the funnel, you’ll need your hiring managers to complete the final screening of candidates. But this process will considerably reduce their burden and help you secure the best candidates in no time.
2. More Effective Candidate Screenings
Every talent acquisition team tries to determine which job boards, social media sites, and agency partners will produce the most acceptable candidates for a specific position.
It’s simple to discover which sources are most effective at drawing in opportunities for integrating with AI-driven data analysis. You can immediately deploy your investment where it will have the most significant influence.
Moreover, 250 resumes are received on a high-volume listing, where 65% of these resumes are ignored on average. Having an AI screening tool will help you ensure that the proper passive candidates are spotted by using automated screening software.
The advantages of employing AI for screening include the ability to cut your cost per hire by 70% and lower the time it takes to hire from 34 to 9 days.
This tool will scan through the qualifications and experience required for a position, then use that information to screen individuals and develop a shortlist for you, potentially slashing your recruitment and hiring time in half.
3. Increased Candidate Engagement with Chatbots
According to a CareerBuilder poll, 67% of job searchers have a favorable view of a company if they hear regular updates during the application process. Unfortunately, according to Workopolis research, 43% of applicants never heard anything back from an employer after their final interview.
Employers can use chatbots to avoid this, increase engagement, and retain candidates during the hiring process.
As a recruitment sourcing tool, chatbots can assist and expedite the applicant funnel by allowing candidates to communicate with you in real-time.
A recruiting chatbot has the potential to drastically improve the candidate experience by allowing time-crunched recruiters to deliver an endless number of, albeit computerized, touchpoints.
But what will a chatbot for recruiting sourcing accomplish? It can be configured to provide almost any type of support.
A recruiting chatbot’s primary purpose is to streamline the top of the funnel by offering candidates with real-time, on-demand contact. Answering job-related FAQs, offering feedback and updates, and scheduling a follow-up or interview with a human recruiter are among its tasks.
When you leverage this technology, it can effectively take a lot of pressure off your recruiting teams.
4. Bias-Free Recruitment Programs
In a world where fair chances are more vital than ever, removing unconscious bias from an organization’s talent sourcing process can be critical.
This sourcing and recruiting software will also assist you in eliminating prejudice from the hiring process. According to some studies, making a bad hire based on unconscious biases can cost a company up to 75% of that person’s annual salary.
Companies can use AI and new technologies to automatically ignore candidate-disclosed race, age, and gender, guaranteeing that the recruiting process is bias-free.
As workplace diversity becomes a more popular topic of discussion, businesses must ensure that they embrace diversity and hire people based on their skills rather than their demographics, including AI and machine learning techniques, to eliminate any potential prejudice that benefits everyone.
5. Candidate Database Sourcing Tools
Candidate rediscovery is one of the most cost-effective ways for a company to recruit new employees.
You can use suitable applicants you couldn’t employ for a current position to fill future job openings in your company. Reusing old data not only provides you with a ready pool of candidates but also helps employer branding by making them aware you remember them.
You can pick up where you left off and check over their last assessment report. If you already have a database full of resumes and credentials, you might already have the ideal applicant without realizing it.
According to a McKinsey study, recruitment automation might enhance worldwide productivity by 1.4%. Automation in recruiting helps recruiters save time by allowing them to do more tasks in a comparatively shorter period.
When you automate the components mentioned above of recruiting, you free up time to make better hiring decisions, produce better job descriptions and focus on developing hiring strategies, resulting in more streamlined and fit recruits in the future, as well as better candidate experience.
Not only that, but as you reduce your time to hire, you’ll notice a significant boost in other recruiting metrics such as higher quality.
You can use automated software to comb through your files and find the top candidates for current opportunities. This tool can also help evaluate individuals based on their expertise and talents, allowing you to skip a step in the process of sourcing candidates.
At the very least, your applicant tracking system (ATS) should include comprehensive search and tagging capabilities to assist you in finding the relevant candidates.
6. Better Job Ad Postings
You can “super-target” your job advertising with automated technologies. You can re-target prior visitors using recruiting sourcing techniques to rekindle their interest. You can also utilize geo-targeting to find local candidates(e.g., advertising your role to people physically nearby) and ensure they are from your company’s same city.
An AI job suggestion engine built-in feature that connects your job opportunities with the most relevant and successful job boards might be what you must be looking for.
It’s simple to search for specific knowledge and qualifications at scale with automation. Candidate profile data is fed into your CRM to create a solid talent pipeline, ensuring you have a pool of qualified people ready to hire when the time comes.
Learn More About Streamlining Candidate Sourcing With Automation Today
A recruiter’s work has never been more complicated than it is now. Recruiters are not only dealing with an unprecedented applicant job market, but they’ve also had to flip swiftly from an economic slump to a hiring boom – with no end in sight to the uncertainty.
Contact us at Recruiter.com immediately if you need assistance finding a diverse group of candidates. We provide all of the resources you’ll need to fill all of your vacant positions, including on-demand recruiters and candidate-matching software.
Get the top recruiting news and insights delivered to your inbox every week. Sign up for the Recruiter Today newsletter.