As we make plans for success in 2020, one of the labor trends on every employer’s mind is hiring. As of September 2019, there were only eight people searching for work for every 10 open jobs in the United States. As a result of persistent labor shortages and fierce competition for top workers, businesses of all sizes have made adopting successful recruiting technologies a priority for the new year.
While maintaining effective HR strategies and marketable benefits is important for attracting a top tier workforce, the technologies you depend on could be what make or break your efforts. Whether you’re wrestling head-on with the labor shortage or optimizing your business strategy, it’s key to know the top recruiting features to insist on in an applicant tracking system in order to ensure optimum results.
Creating Value with Recruiting Solutions
In order to overcome the labor shortage with effective hiring, whichever systems or recruiting tools you choose need to promote ease of communication and speed above all else. With so many opportunities available for workers and industry competition at an all-time high, quick responses and ongoing communication with each of your candidates will make an impact and help your job offers stand out.
It’s equally vital that your recruiting technology offers some way of getting all your decision-makers on the same page with one effective interface. Without it, your hiring influencers will struggle with issues like sharing feedback, getting applicants paired with the right opportunities, and tracking internal logistics, such as who reached out last or which candidates’ qualifications or geographic locations would be a good fit down the road.
Finally, the best applicant tracking technology will help ensure all members of your operation are recruiting and hiring compliantly- especially with regards to background check requests, offer letters, and other forms that require a strict process. The more uniform and consistent your practices become, the better your hiring results will be.
Top Tools Guaranteed to Improve Hiring Success
Now that we’ve identified the purpose of applicant tracking technology, let’s look at three of the most powerful recruiting tools available to talent acquisition teams. These are guaranteed to make hiring more effective - labor shortage or not.
Messaging Capabilities: With every communication delay, the likelihood of getting a candidate to interview or to accept a job offer becomes slimmer. Make sure your applicant tracking technology allows you to send messages directly and easily to candidates, as well as multiple methods of outreach (text, email, etc.) to ensure your messages are received. In a competitive environment, the faster you can make contact, the better your odds of getting applicants to the next stage of the hiring process and the more time will be saved in building up the caliber of your workforce.
It should also be noted that, just because a candidate isn’t a perfect fit for your needs now doesn’t mean he or she won’t be in the future. Without prompt, ongoing communication, you may undermine relationships with future hires and create a bad reputation as an employer- something that will surely alienate other prospective applicants as well.
Scheduling Capabilities: The true impact of scheduling on your hiring process may surprise you. Whether scheduling phone screens, recruiting events or in-person interviews, automating the process optimizes the results for all parties involved. It can help your HR specialists and managers connect or meet up with top talent faster and with greater certainty- eliminating the loss of candidates caused by the extensive back-and-forth of emails and calls- and giving candidates the flexibility and prioritization to optimize the hiring process directly.
Virtual Interviews: For employers of an hourly, distributed workforce, it can be difficult for, say, field managers, to interview potential employees scattered across far-flung worksites. Virtual interviews, or the capability to have applicants upload video responses, is another time-saving option that helps employers identify top applicants effectively regardless distance. This feature can also aid in identifying previous applicants for new operational demands that emerge down the road.
In short, during the current labor shortage, employers can’t let anything stand in the way of a quick, timely hiring process—especially their applicant tracking technology. With these tools at the center of your efforts, however, you will not only be able to hire more workers more quickly, but identify better matches for your business as well.
EPAY Systems’ Applicant and Recruiting Solution
With EPAY’s recruiting and applicant tracking system, you can not only send texts and emails with absolute speed and efficiency, but auto-generated messages to maintain constant communication throughout each stage of the hiring process as well. You can integrate your listed jobs with popular job boards in a few clicks, post them in multiple languages to attract a broader pool of applicants, and create pre-screened questions to help making identifying qualified candidates easier.
In addition, our applicant tracking solution is part of our unified human capital management platform, so employee data is shared across all HR modules, easing your HR workflow. Once an applicant is hired, his or her profile is seamlessly converted into an employee master record—no duplicate data entry required. Ready for more? Check out our 2-minute tour.