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Marketing In Asia > Blog > Startup > How Automation Helps Reduce Time-to-Fill and Drop-Off Rates In an Organization
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How Automation Helps Reduce Time-to-Fill and Drop-Off Rates In an Organization

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Last updated: 2022/12/30 at 12:42 AM
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Automating your recruitment process ensures seamless recruiting. Automation technology can help keep the right talent engaged throughout the entire process, from candidate sourcing to background checks. Automation of the candidate journey, from application to interview scheduling, is aided by recruitment automation.

Companies can reduce time-to-fill and drop-off rates by using automation. According to Aptitude Research, when artificial intelligence (AI) technology is not used, 65% of candidates drop out of the process, and in a high-volume space, this number matters. In today’s technologically advanced world, technology provides solutions that make recruitment processes much easier and more efficient to carry out. Blue-collar hiring can take as little as a few minutes or as much as a few hours. Various technologies and platforms enable recruiters to use AI to automate some of the steps involved in recruitment. AI continues to advance; the more people hired, the better the results.

Making a good first impression on the candidate is essential for a long, happy, and engaging relationship in which they progress from candidate to employee.

According to a recent KPMG report, virtually all HR functions can be fully or partially automated. KPMG discovered that only five of the 21 responsibilities were relatively less susceptible to automation:

  • People are responsible for the overall system architecture (building a high-performance work system)
  • Human resources and business strategy
  • Organizational efficiency
  • Management of change
  • Employee interactions

Also Read: Key Market Research Industry Trends (2023)

The Advantages of Recruitment Automation:

Recruitment automation has a significant impact on various recruitment processes, as well as improving candidate experience throughout the process. It can also help you understand the success pattern in hiring quality candidates by providing data on current and previous candidates. Discover the key benefits of automating your hiring process below.

Find Better Candidates

Your candidate persona should guide all recruitment decisions for a specific role. Recruiting automation tools can help you source and screen candidates more efficiently. This results in a higher-quality talent pool, which leads to better, more effective hiring decisions in the long run.

Boost Productivity

Recruitment process automation enables recruiters to work more efficiently and make better decisions at a faster pace. By automating repetitive tasks, 80 percent of organizations believe that recruiting automation helps them increase productivity.

Reduce Hiring Time

Recruiters can close positions much faster and focus more on strategic efforts by automating several hiring process steps, such as applicant pre-screening, pre-employment assessments, nurturing, workflow automation, and candidate engagement.

Hire simultaneously for several roles

Recruiters can’t fill one role at a time with an average time-to-fill of 36 days. Recruitment automation boosts productivity and allows recruiters to fill larger positions more quickly. By shortening your recruitment cycles, you can cut your cost-of-hire by tens of thousands of dollars, depending on the position and level of seniority.

Also Read: Traditional Marketing vs Social Media Marketing

Enhance Candidate Experience

Candidates value a positive experience, prompt responses, and hiring decisions that are made quickly. At various stages of the recruitment process, recruitment automation can initiate personalized and contextual interactions with candidates. As, a result recruiters can focus more on building relationships, while applicants benefit from a streamlined process, faster responses, and less time waiting for an employment decision.

The right tools can help recruiters control recruitment costs and reduce time-to-fill by reducing the likelihood of bad hires. Candidates with varying levels of experience should be evaluated in different ways. The right assessment tools can effectively identify candidates’ skill sets, behavior, interests, and job compatibility. By eliminating biases, assessment tools assist recruiters in making better hiring decisions. However, conducting bulk one-way interviews saves time for both the organization and the candidates, and  is also cost-effective. One-way interviews allow candidates to respond to questions at their leisure. It also enables recruiters to screen candidates on a large scale, which speeds up the recruitment process.

Automation is changing the landscape and is leveraging the HR space. Automation is worth considering if you want your HR team to benefit from more cost-effective processes and seamless recruiting.

About the author

Mr OmPrakash Muppirala “VP of Engineering & Head of Fountain India “

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