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BambooHR is an applicant tracking and HR software that sees you through the entire employee life cycle, from hiring, onboarding, preparing compensation, and building work culture.That’s a considerable waste of time and productivity (Career Builder).Īnd to further ensure you’ll get ahead of your local competitors, go for the best HR software. On average, HR managers lose 14 hours a week, manually completing tasks that could be automated. A recent survey found that 50% of firms use AI to source and screen candidates, in addition to using it to schedule them for interviews (Modern Hire).īusinesses that still disregard the advantages of recruitment automation tools are likely to lose their candidates to tech-savvy competitors. By automating the hiring process, these tools help streamline recruitment, making it more efficient and faster.Īn increasing number of firms are using AI in their recruitment processes as well. These integrated technology solutions help to find, attract, engage, nurture, and convert candidates to become applicants. HR automation tools are increasingly used by recruiters in their tasks. Vendors now offer integrated HR recruitment platforms that include HRIS, recruitment marketing tools, and the best applicant tracking software. However, the new class of such HR automation tools transcends those of earlier generations. In fact, automation and other digital recruitment trends have been around for a while. Integrating HR automation allows companies to cut up to 17% in hiring costs and 26% in HR staff hours.Īt the core of this trend are innovative recruitment automation solutions. Companies increasingly rely on HR automationĪround 72% of employers predict that elements of their talent acquisition will be automated within the next decade (CareerBuilder). It’s no wonder why employer branding will likely be a top recruitment trend for the years to come.Ģ. Aside from career growth opportunities, they want to know that they’re working for a company they can be proud of. An employer brand dictates if strong candidates will join you or your competitor.Įmployees actually never stop asking for more from their organizations even after being hired. A robust talent brand helps in building a dynamic workforce and influences a brand’s success. The effect of an employer’s brand is real and compelling. Based on surveyed job seekers, 50% said that they wouldn’t work for a company that has a bad reputation-even if they’ll receive a higher salary (HR Daily Advisor, 2019). Businesses plagued with a bad reputation find it hard to attract new talents and retain hired ones.
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In fact, over 75% of job seekers research employer brand and reputation before they apply (LinkedIn). Is employer branding important?Įmployer branding strategies are becoming more crucial to creating a robust and attractive employer brand. In the US, the top EVPs are inspiring purpose, respect for people, and team-oriented work (Universum). An effective EVP integrates employee engagement with branding to support an efficient candidate attraction and retention approach.
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Another key element here is its employee value proposition or EVP. Having a great brand image helps in reducing hiring costs per candidate, as well.Ī company’s reputation and popularity as an employer mainly comprise an employer brand. Businesses with excellent employer brands receive 50% more qualified applicants. In a highly competitive talent market like today’s, a compelling employer brand is key to attracting the best talents. This is why knowing these recruitment trends below is a perfect place to start. These include shifting to online interviews and establishing rapport via digital platforms, and walking new hires through the technologies used by the company.īeing on top of the workforce market’s current status and upcoming directions will be key in this evolving environment. Many recruiters must now embrace virtual recruiting to find the best candidates. For example, the COVID-19 pandemic has impacted HR tech on two major fronts: the overall decline in employment and the increase in remote work. Aside from knowing the right recruiting mix, it is important for businesses and hiring managers to be aware of the current recruitment statistics.