Automation helps recruiters make smarter hiring decisions faster and with more confidence. These tools help streamline tedious, manual tasks so your team can focus on the human aspects of recruiting that matter.
Below we’ll cover everything you need to know about recruiting automation, its impact, and how to leverage AI and automation for your hiring purposes.
What is recruiting automation?
Recruiting automation refers to a set of tools, software, and technologies that streamline and automate tedious recruiting tasks. Many of these solutions help streamline manual tasks like reference checking, applicant tracking, and analytics reports for your hiring practices. Leveraging recruiting automation tools will minimize human error, save time, and free your team up to work on human-centric tasks.
Will recruiting become automated?
Recruitment technology has already evolved into an automated space. With today’s tools, you can automate your job posting needs, advertising, interview schedules, personalized emails, reference checks, analytics and insights, and hiring channel prioritization.
How do you automate a recruitment process?
You can automate your recruitment process with an advanced hiring solution, like Crosschq. Crosschq provides you with automatic reports for your KPIs and metrics, instant insights into performance and predictive measurements, and dynamic job-matching capabilities, among other features.
Cost benefits of recruiting automation
The cost benefits of recruiting automation can be enormous if you’re maximizing you tools’ features. For example, your ROI on time-to-hire can save you tens of thousands of dollars per year when used correctly. The average time-to-hire lies somewhere between 30 and 50 days, depending on what position you’re seeking to fill. When you multiply that number by the cost of an unfilled position (about $500 per day), you’re left with an average cost of $20,000 per vacant position.
A quicker time-to-hire and quality of hire, which automation can enable, will ensure you minimize those extraneous time-to-hire numbers and poor-hire losses.
This is just one way that recruiting automation can provide you with a healthy ROI. You can also see your ROI improve with:
- A reduction in your bottom line as your process becomes less time-consuming and more efficient.
- Less human-related errors that slow down your pipeline.
- Streamlined compliance that’s integrated into your software.
- Better onboarding experiences that will lead to lower churn rates.
- And more!
Measuring the impact of recruiting automation
There are several ways to measure the impact of recruiting automation. In fact, your automation features will make it easier to measure those impacts with automated reporting, easy-to-ready visuals, and a bird’s-eye view of your pipeline health.
You can easily track several quantitative metrics that should show the impact of your automation strategy. Some of these include:
- Time to hire
- Cost per hire
- Churn rate
- Headcount metrics
- Source of hire, with a detailed look at candidate touchpoint cycles
With a competent recruiting automation strategy, it should be easy to see improvements in these areas. However, you should also be able to gain insights to the qualitative impact of your automation strategy. Automation can help you improve your:
- Quality of hire
- Time to productivity
- Candidate experience
- Hiring manager satisfaction
- Diversity outreach activity
- And more
Creating a case for recruiting automation
Recruiting automation really sells itself because advanced solutions, like Crosschq, give you simple reports that you can share, integrate into presentations, and break down to show the variety of benefits of recruiting automation.
Metrics like quality of hire, time to hire, diversity rate, talent pipeline health, and more can be easily tracked and shared with C-level staff and team leaders. It shouldn’t take long to show the impact of advanced recruiting software, especially if you track and survey your team leaders and hiring managers’ experiences with the software along the way.
When your team is happy with your solution and its impact can be demonstrated through insights and reports, it shouldn’t be hard to make the case that automation should be a part of every recruiting ecosystem.
Evaluating recruiting automation tools
Let’s look at how you can use different tools for different impacts.
One of the most accurate ways to assess the compatibility and quality of candidates is through a reference check. Crosschq’s 360 reference check technology can help you streamline what is typically a tedious and time-consuming process. Crosschq’s solution takes the subjectivity out of the reference-checking process, leaving you with rich candidate reports in less than 48 hours.
Insights and analytics will also allow you to assess candidate skills, strengths, and weaknesses, as well as compatibility and fit within your company culture. An advanced solution like Crosschq can reduce your turnaround time by 85, reduce unconscious bias, and help you find quality hires that seamlessly fit in with the rest of your team.
Getting started with recruiting automation
Not sure how to integrate automation into your recruiting process? Start with Crosschq. Crosschq is 100% digital, secure, compliant, and easy to use. Expect to improve and be able to track your quality of hire, diversity of hire, cost per hire, time per hire, and much more with Crosschq’s powerful recruitment automation technology.
Click here to learn more about how Crosschq can transform your hiring practices today.
Get started and see how you can optimize your hiring process, improve Quality of Hire and drive real business impact today.
- Increase Quality of Hire by 34%
- Boost recruiter efficiency by 28%
- Reduce time to Hiring Intelligence maturity by 84%
Topics from this blog: Recruiting AutomationBack
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