Even in a tight labour market such as Canada is experiencing right now, most employers still report receiving a deluge of applications for each job opening they advertise online. The trouble is upwards of 50 percent of the incoming resumes are from candidates who are not qualified for the role.
That problem is compounded by the fact that, given the number of employment opportunities available, the best, most qualified candidates do not stay on the market for long. Companies cannot afford to lose out on top talent by spending too much time sorting through piles of less relevant resumes.
This is why more and more companies are turning to Applicant Tracking Systems and smart recruitment software to streamline their hiring process. Here’s how an ATS can help employers reach the best talent available, faster.
Benefits to Applicant Tracking Systems
One of the primary benefits of using an ATS is for pre-screening applications. The ATS can scan resumes for specific keywords and skills, education level, employment history, location and more and rank the applicants in order of relevancy for the role. This way hiring professionals can quickly and easily review the most qualified candidates first.
Furthermore, candidates in the system can be reviewed by multiple team members from one central hub. Human resources, department heads, and hiring managers can all weigh-in seamlessly on the best hire for the job.
An ATS also helps employers keep in constant contact with top talent throughout the hiring process. Automatic response emails for applications can be preprogrammed along with follow-up communications letting candidates know where they stand.
Many Applicant Tracking Systems can also schedule interviews or send automated questionnaires to applicants for further pre-screening. By automating the early, mundane communications, candidates feel that they have been treated professionally and courteously at each step along the way, while your team can still focus their time and energy on interactions with just the most sought-after talent.
Your ATS allows you to control how you organize your candidates with a customizable hiring pipeline. That way you can properly nurture candidates throughout the process – and create a constant stream of potential hires for harder to fill or recurring positions with high turnover.
For sourcing candidates, communicating with job seekers, and keeping track of requisitions and applicants, the most successful recruitment processes leverage the latest web and technology tools. Using an Applicant Tracking System ensures prompt communications, improves sourcing and screening and increases the speed of hiring at the same time as reducing demands on staff time and therefore cutting costs.
Candidate Manager from CareerBeacon is a powerful and easy-to-use ATS which allows employers to manage all of their candidates from one convenient dashboard. Find out more about Candidate Manager today.