How Technology is transforming Recruitment - 6 takeaways
Sri Priya
According to a survey, 41% of smartphone owners have used their mobile phone in some aspect of a job search in the US. Another survey shows that 64% of companies want better and advanced ways to uplift their recruitment process.
These few stats point towards the fact that there cannot be a better time than this to upgrade your hiring process and allow technology to come in. Unless you want to be left behind in the pursuit of talent.
At a macro level, technology is transforming recruitment in 6 key ways:
With its reach in every aspect of our lives, personal and professional, ‘technology’ has already become a part of us. From ‘smartphones’ to ‘smart cities’, we can’t escape technology.
The world of recruitment has also not been able to escape from this unstoppable force. Traditional recruitment process is being influenced heavily with advancements in technology, leading to an overall enhancement in productivity and savings for most organizations. There is now a huge ROI in using Recruitment software.
- Automated Process
- Data driven decisions
- Relationship Management
- Infinite Reach
- Data Availability
- Knowledge Transfer
Automated Recruitment Process
In the early days, when technology had little or no role to play, the recruitment process was manual. Can you believe that once jobs were posted in newspapers and you had to call and apply? Over time, recruitment went online but was still limited by human ability such as speed, accuracy etc.
With advancing technology, recruitment process today has a huge potential for automation. Technology has helped in unlimited communication, lesser errors and a much faster process than earlier with recruitment automation doing a lot of the heavy-lifting. For example, automated interview feedback requests from hiring managers would alone save 250+ hours per recruiter per year.
Data driven decisions in Recruitment
Technology can help minimize human bias, whether conscious or unconscious, in making recruitment decisions. Discrimination during hiring is mostly blamed on unconscious bias which are automatic mental shortcuts used to process information to take decisions. For example, preference for a candidate who is similar to you would be because of Similarity attraction effect.
Because unconscious bias is a human trait, stopping unconscious bias requires a technology enabled data-driven process. Data helps recruiters and hiring managers in taking better and more reliable decisions. For example, standardized interview templates ensure that the assessment is as objective as possible and that each candidate is assessed based on the same parameters. Or, use recruitment analytics to dive deep into your hiring strategy by going behind the scenes to spot inefficiencies and opportunities hidden within your recruiting process.
Candidate Relationship Management
It is quite difficult to be successful in recruitment today without enhancing the candidate experience and this starts with personalizing candidate engagement. But if a recruiter doesn’t have any intelligence about a candidate, how can he / she personalize the engagement?
Using technology, recruitment automation platforms like Expertite give recruiters real-time visibility to every candidate’s engagement. This helps him / her to personalize the candidate experience with confidence because he / she knows exactly when and what a candidate has done regarding a specific job opportunity at different stages of the recruitment process.
Infinite Geographical Reach
Earlier, with nil to low Social Media spread and lower bandwidth in communication technology, recruitment was mostly limited to the “local” talent pool and interviews were telephonic and / or face-to-face to reduce time and travel cost. Today, Social Media and increased bandwidth provides the recruitment industry easier ways of recruitment marketing and managing the hiring process.
While Social Media channels help in promoting your job far and wide, video interviews have become popular today with hiring managers to manage interviews. 5G networks with higher data rates and lower latency will increasingly make this a more preferred option for the recruitment industry. These enhancements have surpassed the ‘availability of talent’ limitation caused by finite geographical reach. So, even if a job seeker is in some far-away land, he / she can participate in the hiring process as easily as a local candidate.
Instant Data Availability
From resumes, to resume screening notes, to interview schedules, to interview feedbacks for multiple rounds and finally job offers, a lot of data accumulates during any recruitment process. All of this data is very valuable for current hiring as well as for reference & compliance purpose in the future. Hence it must be made available when it is required as well as kept secure, without losing it or compromising on its’ security.
Even if the database is very vast, technology makes it easy to find a particular piece of information on demand with a few clicks. Data once created can be easily archived and revisited, whenever required, in an instant. And proper use of technology can prevent loss or compromise of security of the data.
Quicker Knowledge Transfer
Earlier, the process of Knowledge Transfer in the recruitment industry used to take 2 - 4 weeks. This involved understanding the requirements of different positions, understanding the status of candidates in different stages of the recruitment process and so on. The longer this process took, the longer it took for a new employee to become efficient.
Today, it has become so much easier for a newbie to get accustomed to the organization’s recruitment process in no time. And with recruitment software becoming more and more user friendly with their intuitive design, they can get started in minutes without any formal training. This has helped to boost productivity of recruitment teams.
In Conclusion:
It is undeniable that with the infusion of technology in recruitment, a completely new dimension has got added. Those who are quick to adopt technology will see better candidate engagement leading to better quality hires in shorter time frames while those who are yet to adopt technology will be increasingly left behind. Quality of Talent being one of the most important factors for a business to survive, this may as well result in the gradual decline of organizations who fail to catch up.
Expertite provides you with one such advanced recruitment software platform that is several notches higher than legacy applicant tracking systems. It can perk up your talent acquisition process with state-of-the-art and easy to use recruiting tools, transform your Employer Brand, seamlessly integrate job seekers from your job postings on your Career Site, Social Media, Employee Referrals & Staffing Firms and help you take better decisions with advanced reporting & recruitment analytics. It is perhaps time to move out of traditional manual processes and spreadsheets and give recruitment technology a chance.
Try a 30-day free trial and you are sure to love it.
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About the Author: Sri Priya