Recruiting software is a part of a human resources software system that takes care of the process of posting jobs and bring top talent for open positions in an organization. Efficient recruiting software helps to consolidate the entire candidate search and hiring process to make it easier for organizations to add employees to their workforce.
Attracting top talent is a fundamental component for a company’s success. Yet, recruiting remains a key area of concern in America.
According to the Society for Human Resource Management it takes 42 days on average to fill a position. Far from an economic gain for the organization, an unfilled position can increase strain on current employees, reduce workforce engagement, and hinder overall productivity. Moreover, these vacancies cost the U.S. economy nearly $160 billion each year.
Even a competitive job market doesn’t guarantee successful recruiting. Companies must impress candidates just as much as candidates look to impress companies—if not even more. In fact, about 40% of candidates say they won’t spend a full minute reading an online job description, while others who start don’t finish the process, usually citing frustration from reentering the same information multiple times throughout.
If you want to attract talented performers to your organization with an engaging application process that wows candidates from the first click, then recruiting software is your answer. Leveraging great recruiting technology doesn’t just mean creating an ideal experience for candidates, it also means reducing stress on your recruiting teams and hiring managers who oversee the often-daunting and time-consuming selection process.