In recent years, talent acquisition has undergone a sea change. Finding the best candidate for a particular job vacancy no longer means studying hundreds of resumes in the hope that you chance upon one that meets all your requirements.
New recruitment technology allows you to virtually view tens of thousands of resumes in an instant. The HR department no longer needs to spend time on routine, non-productive tasks. Automated systems can help with interview scheduling, and recruitment chatbots can handle routine queries from candidates.
The automation of many of the activities associated with recruitment leaves the HR team with more time to spend on identifying and hiring the right person. Concentrating on this core activity can reduce the chances of making a bad hire, a mistake that can have disastrous consequences.
Jörgen Sundberg, CEO of Link Humans, a London-based agency that helps companies strengthen their brand as an employer, says that finding, hiring, and onboarding an employee could cost a firm as much as US$240,000. If the recruit turns out to be the wrong choice, that entire sum will go down the drain.
However, companies can avoid making costly mistakes by adopting the right type of recruitment technology. You can make a start by using a good applicant tracking system.
Benefits of a best-in-class applicant tracking system
Before you select an ATS, check that it allows you to post to the job sites of your choice. Does it work well with the job boards and social networks that you want to access?
Are all its features easy to use and do they meet your requirements? A good ATS should offer:
- A simple way to make postings to job boards.
- An efficient search function.
- Import and export of data.
- Integration with email and calendar functions.
The applicant tracking software should also allow you to store all the relevant notes and documents in an easily accessible manner. This will save time and make the entire process more efficient.
Above all, the ATS should be within your budget and offer reliable customer support..