The world of corporate hiring has undergone massive changes in the last few years. These changes were triggered by the inefficiency and the high costs incurred by companies that followed traditional hiring methods. Moreover, the risks associated with this method was also quite high. According to a study, 84 per cent companies in India were affected by faulty hiring practices. According to the same survey, a single bad hiring can cost the company over 20 lakhs.
Additionally, the recent skills crisis has put the entire industry in jeopardy, and therefore hiring automation has become a necessity to select the right candidates for the job. End-to-end automation of the recruiting process helps the company introduce uniformity, consistency and increases the efficiency and productivity of the HR team. In this article, we talk about the benefits of HR automation and how it can help make recruiting easier and faster.
Selecting the right candidate
Recruiting software allows managers to create a list of customised requirements and essential qualifications for filling a post. These platforms also help in quick and efficient advertising through templates. The applications of candidates possessing the requisite skills can be filtered out and the hiring manager does not have to take up the cumbersome task of manually scanning every application to select the right candidate.
Initiating assessments
After shortlisting the relevant resumes, these automation tools help in creating standardised and valid assessments based on job requirements. These can include tests measuring cognitive capacities, technical aptitude, and personality attribute that are deemed fit for the role. Post the assessment, a list of scores can be obtained, which can be leveraged by the managers to make informed hiring decisions.
Avoiding bias
One may aspire to be objective in screening and selecting candidates for a job but unconscious biases may creep in. Automating the hiring process helps companies get rid of these prejudices. Some of these software have the option of tracking the diversity and inclusion rates in the company, which helps avoid homogeneity and imposed uniformity in the workforce.
Better management
Candidate relationship management systems help convey information to the candidates via automated emails. It also ensures that applicants remain on board while the hiring goes on by keeping them informed and engaged in the process. This way the company has fewer chances of losing desired candidates due to the tediousness associated with the long processes of recruitment.
Reducing the time taken in hiring
The longer the time taken up in filling up a vacant position, the higher are the costs involved. Moreover, the company incurs additional costs worth the work that would have been done by the employee during that time. Automating processes like screening and assessments can save time and money for the company.
Make advertising more efficient
Such software place advertisements of vacant places in a way that it can reach the target audience and attract quality candidates. It also reduces costs and enhances the brand message of the employer. Advertising automation tools help post job openings that popularises the brand value and gives an estimate of the work culture in the organisation.
Better tracking opportunities
Usually, a large number of candidates apply for a job. Tracking individual applications, in such a scenario, can prove to be burdensome. With the help of applicant tracking systems, recruiters can easily keep a track of all candidates and access their information at any level of the hiring process. In addition to speeding up the process, this system ensures that employers do not lose out on desired candidates due to errors in keeping records.
Bottom line
To conclude, HR automation platforms accrue multiple benefits to companies. Along with this, the applicants are also spared the dreariness associated with long hiring processes and biases in recruitment. It does not take away from the importance of HR professionals but supports them by ridding them of the burden of performing important but boring tasks manually.
Views expressed above are the author's own.
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