The need for the hour to attain the productive talent is rising quickly. However, only recruiting to find the best talent is not a sustainable solution. Whenever you want to achieve long-term success and sustainable competitive advantage, an organization must create an evergreen SOURCE OF TALENT by developing people, building strengths, and providing them with opportunities to innovate and advance their careers.
As the global recruitment market has been moving towards maturity in the developed companies, thereby indicating that the current market has now entered the fray of attracting top talent with the use of APPLICANT TRACKING SYSTEMS (ATS) growing in popularity for key positions.
About 44% Talent Acquisitions Leaders in India says that ATS is responsible for fulfilling key positions as opposed to 38% from their global counterparts. This plays a significant role in recruiting passive candidates as well.
For bulk hiring, ATS continue to dominate the landscape. It started out as workflow tools and tracking an applicant's progress from submitting an application till being hired or rejected. Presently, it is only a single platform for skill development, Talent Acquisition, and Workforce Optimization - to empower industries and human resources, to create a community of skilled manpower.
Additionally, ATS is able to post requirements to job boards and social networks automatically, track candidates, send out invites, engage with them, and acts as the bridge between candidate and recruiter. To support this self-development must be fixed directly and seamlessly into in a recruiter's daily work that makes their lives easier.
Although, A Recent ICIMS Survey of 2016; we observed, Over 68% of applicants abandoned job application process due to the following reasons:
On these Points, Industries must help TA Leaders in building skills for today's and tomorrow's business challenges by keeping candidates' application process short and simple - This is the primary priority ever!
Beyond achieving an adaptive, personalized experience of recruitment software to applicants and TA Professionals, outline the learning and development and recognize the implications of change.
Industries can stay ahead of the competition by delivering contextual information, and actions, giving the ability to apply immediately and anticipating workforce changes with a real-time succession process. With Verification, Technology has proved that ATS is an over-arching trend for the recruitment industry, which has already grown at an approximate rate of 20-25 per cent.
Hence, what are you waiting for?
It’s time for Industry Leader’s deep dive look into the current "Applicant Tracking System."