The best recruiting software
can be a heavenly gift for HR professionals and recruiters. Some question their
effectivity as they target keywords instead of the candidate’s skill. However,
it does save time, energy and money by streamlining the entire hiring process.
There are various reasons which justify the use of the recruitment software.
Few of them as published in a leading UK
magazine are –
- Over three-quarters of large companies use recruiting software to review and rank resumes even before the recruiter views them.
- The software facilitates viewing of that 70% of resumes which otherwise go unnoticed.
- Today more than 75% of candidates prefer applying online through a career site.
- According to estimates, online job board postings constitute a mere 15% to 20% of job vacancies.
- About 7.2% prefer online access for applicant tracking against 1% who prefers site location.
- With the software, about 8.2% of companies admitted to a reduced hiring time.
- The software thinned the qualified candidate pool by 75%.
- Companies get an average of about 250 per job posting. However, if it is a large corporation like Google, it receives about 75,000 applications on a weekly basis.
- About 13.58% of candidates cite irregular updates as the cause of poor candidate experience.
- Only 5% of candidates report an excellent candidate experience.
These figures can easily help anyone
understand how daunting the recruitment task is and how crucial is the need of
a helping hand. Thus, it justifies the growing popularity of the recruiting
software not just for giant companies but also for small and medium sized ones
including start-ups. With a good candidate experience being just about 5%, the
need for a real human and computer
interaction is evident. With automation becoming the trend in just about any
niche, the HR and recruiting team too can join the bandwagon with good
recruiting software.
