Before looking at how E-recruiting helps organization save it is important to understand what E-recruiting is. E-recruitment (Employee recruitment) is the process of staffing an open position through the hiring of a new employee. An e-recruitment workforce management solution enables job management, capture of applicant resumes from various channels, creation of an applicant pool and bi-directional matching between applicants and job requirements to identify candidates more suitable for the organization’s needs.
So how does E-recruiting help companies save?
Saving on the cost of advertising:
Traditionally when companies were looking to hire someone for a position they would advertise in magazines or newspapers or have booths in job fairs. This method reached a limited number of individuals and the costs could add up quickly. However now organizations can reach millions of potential candidates by listing positions online free of charge. Recruitment software also allows companies to tap into social media websites such as LinkedIn to post jobs or connect with potential candidates at no cost.
Saving time on assessing candidates:
An organization which advertises a position sometimes receives an overwhelming number of responses from potential applicants. Unfortunately the majority of these applicants may not have the necessary qualifications and/or experience that the company desires. E-Recruitment software allows organizations to pre-define required qualifications and experience levels and filter resumes based on those qualifications and levels of experience. That way only the resumes which require serious considerations are the ones being read which streamlines the entire recruitment process.
Saving time on hiring the right candidate:
Many types of E-Recruiting software allow individual’s resumes and information to be kept on file. This is important since often organizations will have to wait for suitable candidates to apply for a position. However with the ability to keep resumes and other information on file organizations can quickly browse through a list of qualified candidates who they previously did not have positions for. Also as mentioned previously recruitment software can leverage social media so just in case an ideal candidate does not apply for a position the company can actually recruit the qualified candidates on their own. In either case E-recruiting software ensures organizations do not have to wait for applicants to apply and allows organizations to quickly fill the vacancy needed to help continue their company’s success.
Click here to learn more about the benefits of an e-recruitment solution.
