One of the biggest responsibilities of any company’s HR division is recruitment. This task is made far easier by the wealth of recruitment technologies available.
Have you got the best tech for your recruiting needs? Do you know what to look for in recruitment technology?
In this guide, we’ll examine the key features of recruitment technology. And discuss its importance for your business.
What Is Recruitment Technology?
Recruitment technology refers to the IT tools and platforms that recruiters use to better identify, screen, test, and hire new talent.
From job posting to the onboarding process, all processes are streamlined with the use of this technology. This is especially relevant in the case of remote hires and traditional administrative tasks.
Why Is It Important for the Recruitment Process?
Firstly, it saves you time. It also saves you from unnecessary paperwork and duplication. Everything is right where you need it and is easily shared with other members of the recruiting/HR team.
What To Look for When Choosing Recruitment Technology
Here are 9 key features to look for when choosing recruitment technology for your business.
1. Simpler Recruiting for Smaller Businesses
When a company has a dedicated recruitment division, every person has a role to play in the recruiting process. In the case of small businesses, however, these recruiting tasks fall solely onto the HR team.
A smaller HR division will already have so much on their plates. This is where recruitment software, and the transition to digital in general, can be of benefit.
2. Less Recruiting Staff Needed
The automated features will save immense time and money for the company. A much smaller contingent of staff will be needed for recruiting. As most processes take place virtually and seamlessly.
This is why small-to-medium businesses especially benefit from HR software and AI-assisted recruitment technology. The whole recruitment and hiring experience is easier to handle, at a fraction of the cost of having extra recruiting staff on your payroll.
3. Assistance with Talent Acquisition
Listings on job boards are made simpler through compatibility with mobile apps. Many job seekers use their mobile devices to respond to job posts. Social media recruitment marketing can be handled far more easily with AI-assisted technology.
4. Applicant Tracking with Ease
The value of efficient applicant tracking systems (ATS) cannot be understated. With a user-friendly interface that is customizable for your company’s specific needs, you can monitor and access applicant data with ease.
5. Improved Candidate Screening & Onboarding
Candidate screening can be the most time-consuming step in the entire recruitment process. Going through resumes and cover letters take time. Some positions attract a very large response from job seekers. And not all of them will fit the bill.
The right software solution assists you in sifting through and screening top talent to identify the best candidates. Automated resume parsing is set to look for attributes to meet specific jobs. It saves you time, but that’s not all.
Communications related to the onboarding of new employees are swiftly dealt with through automation. A faster and easier onboarding process, with electronic forms, makes everything simpler for the new hires too.
And thanks to quicker onboarding through recruitment technology, this efficient approach also fosters a stronger candidate experience.
6. Remote Video Interviewing
In video interviews, you still glean the visual cues you would get from a face-to-face interview. It has the personal aspect of a traditional interview but is more convenient. If the candidate is presently in a distant location, video interviews can go ahead at a time that suits everyone, even at a great distance.
You can handle pre-and-post-interview communications between candidates and HR. This can be done by keeping a digital record of all communications.
7. AI-Assisted Testing
Depending on the job roles to be filled, you may need to take things a step further than the tried and trusted interview process. Cognitive aptitude, emotional intelligence, and capability for logical reasoning are further factors you may want to consider in your decision making.
When filling management positions and planning succession management, these are invaluable tools for finding candidates with leadership skills. Aptitude testing and personality assessments can be programmed into your recruitment technology.
8. Reduction of Unconscious Bias
The perfect candidate may slip through the cracks. During candidate screening and background checks, they may be the victim of unconscious bias of HR staff and hiring managers.
AI-assisted recruitment technology reduces that risk. It is programmed to identify the best candidate for the criteria it has been given. Increased efficiency is only one side of the coin. Increased workplace diversity becomes possible with recruitment technology. This is due to this lack of bias.
9. Establishment of A Wider Talent Pool for Future Job Openings
Some candidates won’t meet the requirements for open positions in the company right now. Yet they may be a good fit for upcoming positions.
Analyzing and storing candidate profiles in your talent pool for future use. This makes your candidate relationship management easier in the future. Especially in a growing business with growing staff needs.
Recruitment technology can build a database of top candidates, for reaching out to again in future.
Emerging Technologies Can Integrate Workforce Management
From job posting to hiring, with the right tools at your disposal, recruitment becomes much easier. And it doesn’t have to stop there. Recruitment analytics and reporting for management are also a breeze with recruitment technology.
Emerging AI technologies have additional features that allow companies to incorporate other aspects of workforce management on the same platform. And when your social media recruiting and other recruitment marketing software is compatible with your other software, you increase productivity.
Final Thoughts
Finding the right talent for the job is a big responsibility. There’s so much to plan and do when recruiting staff. Yet, when you have the best tools for these tasks, you can focus on getting the right candidates with minimal effort.
There are major benefits to switching to a hybrid recruitment system. It combines the best of HR with artificial intelligence and automated recruitment software. This can give your hiring processes the edge.