As
technology and social media change, so must approaches to recruiting
talent. Companies who establish innovative recruiting practices will
have a competitive advantage for attracting quality candidates.
Applicant Tracking Systems (ATS) are a key component of this. Their
ability to provide an improved candidate experience leads to a
greater talent pool from which to draw and, by automating routine
recruiting activities, also provides Human Resource (HR)
professionals and hiring managers time to focus on other aspects of
recruiting. This article explores the benefits of Applicant Tracking
Systems and considerations for choosing the right product for your
organization.
What are
Applicant Tracking Systems?
Applicant
Tracking Systems (ATS) help companies with the first stage of
recruiting the right candidates. ATSs support recruiting by
simplifying the application process and storing the information
collected in a database. Electronic candidate screening, automated
'approval to hire', candidate tracking, and on-boarding processes are
all typical features.
Benefits
of Applicant Tracking Systems
Why invest
the time and money to implement an ATS when organizations have
recruited for many years without one?
Simple
application process: When competing for scarce talent, it's
beneficial to have a simple candidate application process. Most
systems allow candidates to upload resumes or LinkedIn profiles
reducing the time required to apply. Profiles can be re-used making
it easier for candidates to apply for other jobs. ATS social media
tools allow job hunters to forward postings to their network
broadening the reach of the search.
Searchable
database: Applications reside in a searchable database
eliminating the need for electronic or paper folders to store
candidate information. Although ATSs cannot fully screen resumes, the
level of automation narrows the candidate pool with standard
screening questions, reducing the time needed to short list
applications.
Automated
processes: Most systems provide the capability to automate the
approval to hire and on-boarding processes saving the HR and hiring
manager time required to complete these activities. Candidate
tracking assists with record keeping and supports effective
communication between HR and hiring managers.
Meeting
expectations: As the use of ATSs increases, candidates expect a
seamless application process. Relying on out-dated email or paper
based applications will put the organization at a disadvantage and
potentially reduce the applicant pool.
What can
an ATS do for you?
Before
implementing an ATS, you first need to determine what objectives you
need it to fulfil, what processes and resources it will affect, and
assess stakeholder needs. Here are some steps you can take.
Examine
current recruiting practices: A complete understanding of the
current process is needed to assess and select vendors. Document the
process, list who is involved, time required and typical number of
searches conducted per year. This highlights inefficiencies that may
be addressed by an ATS, which is key to building a business case for
investing in a system.
Define
the outcome: What will be different about the recruiting process
after implementation? This may include an improved candidate
experience or reduced costs. Key stakeholders should help define and
prioritize the benefits that are most important to the organization.
Have a
demonstration: Product demonstrations provide an overview of ATS
capabilities to help compare the features most important to improving
the recruiting process.
Identify
Stakeholders: Make a list of stakeholders who will be impacted by
implementing an ATS. The success of implementation depends on
stakeholders' ability to support the changes an ATS will bring to
recruiting. Analysing the impact to the stakeholders, and finding
ways to involve them in the selection and implementation will
facilitate this process.
Develop
decision criteria: Before assessing vendors, list criteria for
selecting the best product. This will include cost, implementation
requirements, and the features most important to improving the
recruiting process.
Assess
HR support: ATSs have several features to support the recruiting
process. Assess the time and expertise HR staff will need to take
advantage of the system's features and support hiring managers. ATSs
have powerful reporting capabilities. Consider who will analyze
reports and decide what to do with the data. Determine who will have
accountability to maintain the system beyond day to day recruiting
support.
Assess
the return on investment: Cost structures for ATSs vary—some
are based on the number of hires per year or number of recruiters.
Determine if this is a worthwhile investment based on the number of
searches conducted annually. There may be other recruiting
investments such as changing the staff compliment or new approaches
to sourcing candidates that would have a greater impact on recruiting
outcomes.
Refer
http://appliviewforhiring.blogspot.in/2015_01_01_archive.html
will help you to evaluate the Applicant Tracking System.
So,
what to wait for, you can take up a Online Tour to the application
and a free trial account from www.appliview.com
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