Taking into account the serious talent shortage in today’s hyper-competitive hiring market, finding skilled and qualified candidates has become extremely difficult for the majority of companies. Being occupied with time-consuming hiring tasks like manually posting job adverts and searching through lengthy documents, HR professionals are often unable to focus on pursuing top industry talent for filling numerous job positions within the company that have been vacant for a long time. The best solution to this problem is to source high-quality passive candidates who are currently employed and not actively on the lookout for a job. It is so because whenever passive applicants are presented with better job opportunities, they are usually quite willing to consider the option for advancing in their careers. Not recruiting passive candidates is like missing out on top-tier talent. The top 5 tips given below in this article will come in handy for giving a substantial boost to the overall recruitment efficiency, thereby helping you perfect the art of passive hiring in less time.
Owing to the remarkable advancements that are continually transforming the talent acquisition landscape, social media has emerged as a popular recruitment channel for hiring top-tier applicants. In fact, finding quality employees in today’s hot candidate-driven labor market can be extremely challenging for human resources professionals who do not abandon conventional hiring strategies. It is so because the war for top talent is getting more fierce and companies across the world are facing a serious talent shortage. This is why most HR managers are putting in efforts to make social recruiting an integral part of their hiring strategy. Businesses looking to accelerate their hiring process can harness the power of social media recruiting to source prospective job candidates, thereby facilitating the creation of a high-quality talent pool in less time. Listed below are some of the top social media hiring strategies that can work wonders for helping you recruit skillful applicants.
A company’s online reputation plays a major role in determining the overall success rate of the recruitment campaign. According to a recent report, employer branding has become a key priority for most job applicants. This is why a multitude of organizations globally have started shifting their focus to developing an employer brand that attracts top industry talent. Unlike in the past, employer branding tools do not cost much and hence, companies with a low budget can also afford them without having to undergo financial difficulties. From a greater inflow of candidates’ applications to reduced time to hire and onboard new talent, having a strong employer brand is key to boosting the overall recruitment efficiency of a company. Being a highly powerful modern-day business tool, a positive employer brand possesses the potential to assist human resources professionals in turbocharging talent acquisition so that they can fill vacant job positions in the organization more effectively. Given below is a detailed list of the 5 best employer branding tools that you can use in 2020 for improving your brand image in order to stand out in today’s tough labor market and recruit the best talent around in a jiffy.
Since today’s recruitment industry is driven by rapid digital innovations, getting in touch with prospective candidates has become a piece of cake for the new breed of HR professionals. Previously, recruiters had to spend numerous hours on talent acquisition activities and hence, they were hardly left with any time to source quality candidates needed for the open job posts. With so many AI-powered hiring tools in hand, companies can easily find, attract, and recruit the best talent in the current tough recruiting market. However, the real struggle that is being faced by the majority of HR managers in the present age is getting more qualified and skilled applicants to apply to vacant job positions within their company. In fact, connecting with top industry talent can be a really daunting task for recruiters who lack the necessary experience needed for the same. Although applicants worldwide are hunting for vacancies and filling out job applications, the recruitment plans of most companies are turning out to be ineffective. The top 4 strategies listed below will come in handy to encourage more candidates to apply to your open job roles, reduce the overall employee turnover rate, and turbocharge the recruitment process in a single go.
With the soaring number of businesses globally integrating digital talent acquisition solutions into their recruitment process, it has become essential for hiring managers to invest in the top recruiting platforms. Apart from augmenting the quality of hire and decreasing overall costs, human resources professionals are leveraging tech tools for streamlining their workflows to ensure a consistent hiring process around the clock. According to a recently released survey, AI-powered recruitment technologies will automate up to 69% of the HR manager’s manual routine work by the year 2024.
Taking the present-day corporate trends into consideration, it is perfectly fine to say that effective talent management has become a top priority for HR managers and recruiters alike. Organizations looking forward to attaining optimum business outcomes in less time are perpetually on the hunt for high-performing employees who possess all the essential educational qualifications and skills required for various open job vacancies. Although it is true that identifying, hiring and retaining highly talented job candidates is not a piece of cake in today’s age, companies can still capitalize on business growth opportunities and win the war for talent with the effective employment of new-age talent management strategies. Owing to the dearth of quality applicants in the current recruitment landscape, one cannot deny that employee engagement practices have gained immense importance amongst the new breed of human resources professionals.
In recent years, the digital revolution has had a major impact on how businesses operate, including the present-day talent acquisition landscape. Unlike in the past, recruiters no longer rely on traditional hiring methods for connecting with top-notch talent in the industry as it only leads to wastage of their valuable time and effort. Instead, they opt for new-age recruitment tools to find ideal matches for effectively filling open job positions in the organization much faster.
The best part about recruitment technology is that it enables hiring managers to shift productivity measures to help them combat talent shortage in the current hyper-competitive labor market. Nevertheless, there are multitudes of old-school human resources professionals worldwide who are reluctant to abandon their outdated recruiting strategies, thereby being unable to embrace the latest technological innovations continually taking place in today’s fast-growing recruitment industry. In this article, we will delve into the top 5 reasons why you should invest in recruitment technology so as to help you turbocharge your entire talent acquisition process as swiftly as possible.
Top 5 reasons to Invest in Recruitment Technology
- Investing in Recruitment Technology boosts recruiter productivity
- Recruitment Technology helps Improve Candidate Engagement
- Using Recruiting Technology simplifies recruitment
- Recruitment Technology allows easy measurement of employee performance
- Using Recruitment Technology recruiters can find best fit candidates
Now that the present-day recruitment landscape has undergone an evolution, surviving the race for top industry talent without the right technology is incredibly difficult. For this reason, it is extremely important for the new breed of HR professionals to invest in a smart recruitment software that is powered by advanced technologies like artificial intelligence (AI) and machine learning to accelerate hiring efficiency instantaneously.
Investing in Recruitment Technology boosts recruiter productivity
There is no denying the fact that modern-day recruitment professionals often have to deal with a number of monotonous hiring tasks which cost them their precious time and effort simultaneously. Be it sourcing prospective candidates, maintaining effective talent pools, or facilitating employee retention, human resources professionals usually end up squandering their energy on manual hiring activities and fail to focus on core business tasks. But the good news is that they can boost their productivity and increase the speed of the hiring process with the assistance of modern recruitment technology. From automating job posts, rapidly screening resumes to shortlisting potential job candidates for live face-to-face interviews, recruiters can derive excellent benefits from the effective deployment of the latest tech tools. Another phenomenal advantage of employing recruitment technology is that it makes it easier for human resources professionals to hire exceptionally qualified employees for remote positions based on certain parameters and traits for identifying the most ideal fit for the job role.
Recruitment Technology helps Improve Candidate Engagement
Enriching the candidate experience has become a topmost priority for the majority of hiring managers as it plays a pivotal role in improving employee engagement. In simple words, candidate engagement is all about keeping potential applicants interested throughout the talent acquisition process to ensure that they do not lose interest in the open job position for which they have applied. Hiring technology can help recruiters improve candidate engagement manifold. They can utilize candidate engagement recruitment tools to send out personalized content to applicants, thereby keeping them engaged 24*7. Best of all, improved candidate engagement can work wonders for attracting diverse talent and reducing employee turnover rate at the same time.
Using Recruiting Technology simplifies recruitment
Simplifying online job applications is a great way to attract and encourage prospective applicants to apply for vacant positions within the company. The best way to do this is to employ mobile recruiting technology for optimizing the entire job application process for smartphones and similar devices. Moreover, another great benefit of utilizing the latest talent acquisition tools is that it paves the way for smart recruitment by enabling recruiters to proactively search for prospective job applicants with the help of predictive technologies and data analytics.
Recruitment Technology allows easy measurement of employee performance
Evaluating employee performance on a regular basis is of paramount importance for modern-day recruiters and hiring managers looking to enhance the recruitment efficiency in a short span of time. Most new-age recruitment solutions come equipped with employee management tools that allow human resources personnel to keep a constant check on the performance of workers operating in different departments of the company. This way HR professionals are able to gain deep insights through recruitment analytics which give them access to all the essential data needed to monitor employee performance so that feedback can be provided to the workers accordingly. Other than this, recruitment technology also allows recruiters to recognize and rectify serious bottlenecks across the various stages of the hiring process for improving employee satisfaction.
Using Recruitment Technology recruiters can find best fit candidates
One cannot deny that finding apt candidates for open vacancies in an organization is a hard task. Human resources professionals spend plenty of time while sifting through hundreds and thousands of social media profiles in order to find highly talented employees for filling open job positions. They are able to find the most suited candidate only after manually scrutinizing tons of job applications and resumes of potential applicants. But with the proper utilization of recruitment technology, modern-day hiring managers can manage their valuable time wisely while recruiting and onboarding extraordinarily skilled candidates. They can hunt through their talent pools to effectively source the best talent in the industry instead of scanning multiple resumes for the same. Once they have successfully sourced the candidates with all the requisite educational qualifications, they can conduct live interviews and analyze their traits and demeanor with the help of natural linguistic data to determine whether they are really the best fit for the advertised job or not.
Considering the superfast pace at which the global recruitment market is growing, it is safe to say that new-age technologies possess the potential to improve communication capabilities, boost the productivity of modern-day HR professionals and supercharge overall business growth in an instant. By investing in the right recruitment technology, human resources personnel can streamline their efforts and devote more time to core organizational tasks that require to be addressed on priority. So, make it a point to ensure that you evaluate the different offerings of all the popular hiring software vendors in the market before picking out a talent acquisition solution to pave the way for recruitment success with minimum effort.
With a jump in the number of companies leveraging new-age talent acquisition technologies, the global AI recruitment market is projected to reach USD 388 million by the year 2027. Since the recruitment landscape is buzzing with digital innovation, one cannot deny that deploying modern-day hiring automation solutions has become a prerequisite for surviving the intense competition for top industry talent in the current candidate-driven job market. Human resources personnel looking to streamline monotonous manual tasks for turbocharging their recruitment process can derive great benefits from digital hiring tools. However, it is extremely important for present-day HR professionals to assess their organizational requirements and consider certain key features before picking out the latest recruitment automation software.
Here, we have compiled a detailed list of the top 5 must-have recruitment automation features to help you make the right selection in 2020 in a seamless way.
- Intelligent Candidate Search is an important feature for a top recruitment automation software
- Automated Job Posting is a must have feature for a top recruitment automation software
- Pre-employment Candidate Assessment is a good to have feature in a recruitment automation software
- AI-powered resume screening is a much sought after feature in today’s top recruitment automation software
- Advanced talent analytics is a must have feature in top recruitment automation software
Intelligent Candidate Search is an important feature for a Top Recruitment Automation Software
When it comes to manually matching potential candidates to the right job openings within the company, recruiters often have to sift through thousands of applicant profiles and acquire huge amounts of information for making intelligent hiring decisions. But things have changed a lot with the advent of cutting-edge technologies like machine learning that make it easier for recruiters to match qualifications to job openings with the help of sophisticated algorithms. This way human resources personnel can speedily ensure whether a particular applicant is a perfect match for the job with the greatest ease and convenience.
Automated Job Posting is a must have feature in a Top Recruitment Automation Software
Without a doubt, writing perfect job adverts and placing them on the right channels over the internet is requisite for attracting exceptionally talented job candidates. However, manually writing and posting job advertisements is nothing less than an uphill struggle for recruiters as the task requires a great deal of effort. But with the assistance of machine learning tech tools, human resources personnel can scrutinize language patterns of job posts and determine their outreach so that the needed improvements can be easily made. This way recruitment professionals modify and automate their job advertisements to attract more diverse talent with little to no effort, thereby driving optimal results at the earliest possible time frame.
Pre-employment Candidate Assessment is a good to have feature in a Recruitment Automation Software
It is an undeniable fact that candidate pre-employment assessment tools can make it much easier for the new breed of HR professionals to ascertain whether an applicant would be capable of handling the various job responsibilities once he/she is hired by the company. AI-driven pre-employment assessment tools assess the applicants’ overall potential, cultural background, soft skills etc. to ensure that the candidates are the right fit for the role they are applying for. The best part about this AI-powered feature is that it employs machine learning and big data to allow HR professionals to predict hire quality with little effort.
AI-powered resume screening is a much sought after feature in today’s top recruitment automation software
Manual resume screening is no longer a viable option for the majority of recruiters as the task is extremely monotonous and hence, it eats up their precious time. But the good news is that hiring managers can effortlessly reduce the total amount of time spent on searching through candidates’ resumes by utilizing screening tools that are driven by artificial intelligence. Since an AI-powered resume screening tool automatically sifts through candidates’ applications and recognizes certain keywords that correspond with the skills and educational qualifications needed for the job. This way recruiters can shortlist promising job applicants who meet the criteria for the open position.
Advanced talent analytics is a must have feature in top recruitment automation software
The majority of human resources professionals agree that advanced talent analytics can come in handy for analyzing the overall efficacy of the hiring process. By opting for a talent acquisition solution that features advanced talent analytics, hiring managers can utilize statistical models to make better recruiting decisions. With so much valuable data in hand, recruiters can leverage deep insights to evaluate the performance of employees working in different business departments. Moreover, advanced talent analytics can help recruiters to predict future HR trends as well as identify effective practices so that they can form actionable plans and produce desirable business results as fast as possible.
Given the advantages of using digital tech tools in the recruitment industry, it is safe to say that new technologies like artificial intelligence (AI) and machine learning are positively impacting the hiring landscape. Organizations worldwide are constantly utilizing recruitment automation technologies to improve their HR team’s efficiency for driving top-notch hiring results. Therefore, invest your money in the most advanced AI-powered recruitment automation software which is equipped with all the aforementioned features in order to boost workplace productivity without extra effort.
In today’s fast-changing talent acquisition landscape, businesses worldwide are leveraging recruitment analytics to effectively deploy data science for achieving notable hiring results. Owing to the advent of different modern hiring technologies, it would be safe to say that traditional recruitment models have become somewhat ineffective with the passage of time. Most visionary organizations have started investing in the latest analytics solutions instead of relying on conventional hiring methods for connecting with highly talented applicants. In fact, recent technological innovations in the recruitment industry have enabled human resources professionals to utilize data for gaining access to all the relevant insights.
Other than this, a majority of recruiters who have adopted new-age hiring analytics solutions are reaping great benefits from the same. Technology has made it much easier for them to augment business productivity, boost candidate engagement, avoid potential bad hires, increase the overall return on investment (ROI) etc. This article will serve as a comprehensive beginner’s guide for the implementation of recruitment analytics in an organization. Now, let us become familiar with the basics of recruitment analytics.
All You Need To Know About Recruitment Analytics
In essence, recruitment analytics refers to certain key metrics that result from the systematic analysis of data collected throughout the entire talent acquisition process. These metrics give recruiters complete access to multiple actionable insights and pave the way for efficient data-based hiring, thereby allowing them to enhance business outcomes in an instant. They also make it feasible for HR professionals to keep an ongoing check on the overall performance of their recruiting workflows and facilitate the proper measurement of hiring efforts so that serious bottlenecks in the process can be recognized with the utmost ease. This way recruiters and hiring managers can effortlessly make the requisite improvements in their recruitment process whenever there is a need for the same. In addition to this, recruitment analytics can also be really useful for managing talent pools and improving employee retention.
Human resources professionals can utilize analytics to predict future trends and identify best practices to ensure the enablement of proactive recruitment in the organization. Furthermore, all the data that is accumulated across the various stages of the recruitment process can be leveraged for real-time analysis and shared between employees functioning in different departments to open doors for team-based decision making at the earliest time possible. It is true that nowadays recruitment analytics are gaining vital importance amongst companies globally owing to the major advantages that they offer. Contrary to popular belief, integrating recruitment analytics into the hiring process is indeed not an uphill task. In fact, recruiters in today’s age can easily make analytics an integral aspect of their hiring strategy just by picking out a feature-rich HR software for their organization after evaluating their business requirements.
Recruitment Analytics Software in the Market
Without a doubt, modern-day recruiters can become adept at handling recruitment analytics by employing the latest software. With the effective employment of a top-notch analytics software, hiring managers can reach out to prospective job candidates much faster. So, let us quickly skim through the top 3 recruitment analytics solutions available in the HR software market to help you arrive at the right decision without facing any kind of challenges.
- Saba is a top Recruitment Analytics Software in India
- Talismatic is one of the best recruitment analytics software
- Naukri RMS is one of the recruitment analytics solution for recruiters
Saba is a top Recruitment Analytics Software in India
One cannot deny that Saba is a great recruitment analytics software as it assists hiring managers in attracting and onboarding top industry talent for filling open job vacancies. Modern-day recruiters can make use of this software to gain access to real-time insights related to the hiring process for making the required rectifications with little to no effort. Saba features an easily configurable recruiting dashboard that recruiters use to their own advantages for different purposes like generating efficiency reports, personalizing data sources etc. Additionally, the automated reporting capabilities and trend identification features of this recruitment analytics solution can give an evident edge to human resources professionals in the current candidate-driven talent market. This software can also come in handy for strengthening employer brand and keeping new hires engaged by regularly sharing captivating content. Keeping everything else aside, Saba possesses the potential to improve the experience for job applicants, recruiters as well all the other third-party stakeholders at the same time.
Talismatic is one of the best recruitment analytics software
Talismatic is another well-known recruitment analytics solution that enables recruiters to enhance the efficacy of their old-school hiring process. Featuring a simple-to-use interface, this software empowers HR managers to get meaningful insights into emerging talent acquisition trends, hire quality, past recruitment cycles etc., so that they can alter their recruiting strategy to achieve excellent outcomes in less time. Best of all, human resources professionals can leverage the insights gathered by Talismatic to make the necessary modifications to their recruitment process so as to identify and hire high-performing candidates without putting in any considerable effort.
Naukri RMS is one of the recruitment analytics solution for recruiters
Having served over 2000 corporate clients worldwide, Naukri RMS is undoubtedly the a good sophisticated recruitment analytics software in India. Being a cloud-based solution, the best part about this software is that recruiters with an actively functioning internet connection can access its database around the clock irrespective of where they are located. This recruitment analytics solution can greatly help HR professionals to gather essential performance data to monitor the overall status of the hiring process and identify the most efficient workers so that they can be rewarded for their contributions. Naukri RMS can make it easier for recruiters to detect loopholes in the talent acquisition process and boost email marketing efficiency, thereby ensuring a pleasant applicant experience 24*7.
Now that AI-powered technology is continually bringing forth major changes in the hiring landscape, the majority of present-day HR professionals have started making effective use of recruitment analytics for supercharging business efficiency. Besides helping hiring managers analyze overall organizational performance, recruitment analytics can work wonders for driving remarkable hiring results in a brief timespan. More importantly, see to it that you opt for a cutting-edge talent acquisition solution for implementing recruitment analytics in your business in order to introduce data-driven recruiting and optimise your gains.
Newly emerging technologies can significantly enhance the modern recruitment process. But due to lack of collaborative hiring in the talent acquisition space, HR executives often face plenty of hardships when it comes to sourcing new talent for job vacancies within the organization. Owing to the new-age technological innovations, recruiters can now effortlessly address the challenges of hiring fresh talent by employing fully-equipped recruitment software that facilitates collaborative hiring amongst the current employees in a particular company.
In this article, we will talk about how modern-day technological solutions can help in improving collaboration between different stakeholders and benefit the hiring process as a whole. But before proceeding any further, let us first understand what collaborative hiring is all about.
What does collaborative hiring mean?
Also known as team-based recruiting, collaborative hiring is a method in which HR teams work together with employees from other departments of the company. People holding different positions such as HR managers, recruiters and executives etc. engage in the recruitment process together to find talented candidates for filling vacant job positions.
Other than making it easier to reap the benefits of team-based hiring, the new wave of recruitment technology can help businesses transform workflows, improve overall performance and drive innovation in a very short span of time. Increased employee engagement and better hiring outcomes are some of the major advantages that result from team-based recruiting. But to use this hiring approach to your own advantage, you must research and pick out the right set of collaboration tools available in the software market.
Top 5 ways collaborative technology can benefit your company’s hiring process
- Collaborative Hiring Helps in Speedy Talent Identification
- Collaborative Hiring Results in Improved Communication and Greater Flexibility
- Collaborative Hiring Lowers Hiring Costs
- Collaborative Hiring Promotes Employee Engagement and Productivity
- Collaborative Hiring Saves Valuable Time of Hiring Managers
Collaborative Hiring Helps in Speedy Talent Identification
Owing to the vast pool of job applicants in the market, identifying the right talent for a particular position within a company has become an uphill task nowadays. But with a feature-rich collaboration software like an Applicant Tracking System (ATS), recruiters and hiring managers can quickly identify potential candidates for an open position without any hassle. One of the most efficient ways to benefit from collaborative hiring is to enable employee referrals to find potential candidates with all the necessary skills and educational qualifications. More importantly, candidates hired via referrals tend to remain employed in the firm for a long period of time.
Collaborative Hiring Results in Improved Communication and Greater Flexibility
One cannot deny that improved communication and flexibility are of utmost importance to employees and potential job candidates alike. Collaboration tools like chatbots can come in handy for enhancing the candidate experience throughout the recruitment process. In fact, many businesses worldwide are using such tools for the facilitation of collaborative recruiting. Keeping everything else aside, the most vital point to take into consideration is that modern-day collaborative hiring solutions like recruitment software pave the way for better remote working possibilities.
Collaborative Hiring Lowers Hiring Costs
When it comes to hiring remote employees for open job positions, collaboration tools can turn out to be of great assistance. Unlike in the past, candidates no longer have to cover huge distances and bear the hefty travel expenses when they are called for an interview. It is so because the present-day collaborative technology makes it possible for businesses to conduct live video interviews with the help of visual communication solutions. With the efficacious deployment of video conferencing tools, candidates can take the interview from the comfort of their homes without having to travel a long distance. In fact, they can have a live face-to-face conversation with recruiters and hiring managers in real-time from anywhere in the world. Moreover, the interview can be taken via desktop, smartphones and other similar devices.
Read more about reducing hiring costs in Reducing Cost per Hire: 5 Cost Effective Recruitment Strategies
Collaborative Hiring Promotes Employee Engagement and Productivity
When you implement collaborative technological solutions in your business, it gives a major boost to employee engagement, which in turn improves productivity by many times. With the right set of collaborative tools in hand, employees feel more engaged with the day-to-day business tasks. Furthermore, collaborative tools are meant to encourage employees in the company to partake in the recruitment process alongside HR professionals to ensure that they feel more valued by the organization while making their contribution.
Collaborative Hiring Saves Valuable Time of Hiring Managers
The greatest advantage of collaborative hiring technology is that it saves valuable time of hiring managers by engaging workers from various departments of the company in the recruitment process, thereby minimising their overall workload at the same time. Moreover, collaboration software facilitates centralized document storage so that recruiters can easily access all the important information in a single system. By effectively utilizing collaborative tools, recruiters can reduce paperwork and focus on other essential organizational tasks that require more attention.
It is true that team-based collaborative hiring can work wonders for sourcing well-qualified job candidates while giving a notable boost to the overall efficiency of the recruitment process concurrently. For this reason, many businesses across the world are switching from traditional recruiting models to collaborative hiring so that they can take advantage of the latest technology to come across the best talent around.
NAUKRI RMS ADVANTAGE
ABOUT NAUKRI RMS
“Naukri RMS is the Enterprise Cloud Business division of Naukri.com. Since its inception, Naukri RMS has developed a bouquet of customized recruitment solutions addressing needs of different market segments. Naukri RMS intends to evolve recruitment into more productive and efficient process through automation of the entire recruiter workflow, right from requisition to offer. It aims to become India’s largest one stop recruitment platform. “