Remember the rolodex? It’s a desktop accessory which looks like a circular file of cards on which people’s names and addresses were maintained. Well, believe it or not, recruiters used to use them during the recruitment process. This is also back when filing cabinets were a thing. However, that was a long time ago. Today, technology, analytics, and employee-centricity has changed the game for recruitment.
This quick guide aims to dig into what makes a recruitment process effective, how AI is leading the charge in recruitment software, and how even you can get started in building an effective recruitment process.
What is the recruitment process in HR?
Human Resources is the function of people management in an organization. They are responsible for facilitating the primary goals of an organization, and they perform that function by administering their role effectively - by focusing on the growth of the employees as the company’s most critical asset.
The first step towards building an organization’s human capital? Recruitment. The ultimate goal for the recruitment process in HR is to hire the best candidates with a reduced hiring time and minimal budget.
What makes the recruitment process effective?
The recruitment process is unique to each organization. It includes all the steps that are required to attract, select and hire a new employee. A refined recruitment and selection process enables you to find qualified candidates quickly and efficiently, and ensures a pleasant experience for both candidates and recruitment teams.
In order to establish an effective recruitment process, it needs to be executed with care and dedication. Ensuring a streamlined process requires constant evaluation.
Here are a few key elements that makes the hiring process a systematic affair.
Automating the recruitment process does a world of favour in saving administrative time. An applicant tracking system (ATS) enables recruitment teams to effectively manage the various stages of the recruitment process. By using automation to streamline the process from recruiting to onboarding, recruiters save a significant amount of time and energy from completing repetitive tasks, and instead direct the energy towards nurturing their relationships with the potential hires.
Decisions driven by data
Data analytics majorly drives business decisions, and the same goes for hiring. Recruitment decisions, powered by intelligent, AI-driven analytics can enable recruiter to see how effective their recruiter sourcing channels are, how many people were interviewed, what stage of the interview cycle they will be at, and more. Gleaning insights from each recruitment cycle helps recruiters to improve their processes in the next cycle.
The power of employee referrals
Recruiting the most qualified candidates becomes an organisation-wide affair when employees make an effort to contribute. By creating an employee referral program, organizations can involve employees in the recruitment process. Establishing a system of reward for successful referrals will motivate employees to spread the word about job openings, and will likely lead to more qualified pool of job applicants.
How is artificial intelligence changing the recruitment process?
Artificial intelligence in recruitment allows recruiters to adopt a candidate-first approach in the hiring process. With AI-powered recruitment tools, recruiters can reduce bias in hire, analyse large sets of talent data, communicate with applicants consistently, give recruiters deep insights to help them make hiring decisions, and overall makes the recruitment process less of a hassle.
1. Resume and candidate screening
AI in recruitment offers intelligent candidate screening to parse candidate resumes, thus helping recruiters to save time by finding suitable talent quickly. Additionally, more advances AI software can not only screen resumes, but also analyse candidate’s online presence to give a wider scope of the candidate’s history and capabilities. This information helps ensure the quality of hire.
2. Candidate engagement
AI-driven recruitment processes can also help to foster candidate engagement. With integrated chatbots, interviewers can provide immediate updates to candidate enquiries and assistance int he application process, schedule interviews, and provide feedback on the hiring status or even if a candidate is not selected for the open role.
3. Targeting and outreach
Recruitment through AI can help companies refine their candidate searches. They enable recruiters to target their desired talent attributes and narrow down to specific titles. Using AI in the recruitment and selection process can help to discover, reach, and engage with a focus on finding the best talent.
By eliminating well-known recruitment pain points, AI brings the human back into recruitment.
Steps of the recruitment process
Now that you know about the role automation and AI plays in creating an effective recruitment process, here are a few key steps to conduct a successful recruitment drive:
1. Identifying the hiring need
The first step is understanding your hiring need. The requirements can depend upon whether the job opening is newly formed or recently vacated. After identifying the type of vacancy, you can go on to create an ideal candidate persona based on your hiring needs.
2. Creating a recruitment plan
The next step is to craft a recruitment plan according to the new job posting. Set up a strong recruitment team, strategize ways to propagate the job opening, and determine who will be reviewing, scheduling and deciding on the right candidate.
3. Sourcing candidates
It is essential that the sourcing strategy includes both active and passive candidates. You can source active candidates by posting the opening on job boards, and social media channels. Using an ATS, recruiters can use keywords and filters to locate qualified passive candidates and reach out to them.
ATS-integrated resume parsers can quickly scan through all the resumes and shortlist the most qualified candidates. You can then conduct a phone screening of the shortlisted candidates to make sure they're worth interviewing in person.
Interviews should be conducted soon after a phone screening. If the process stretches too long, the candidate might lose interest. Along with the interviews, you may also administer a series of skill-based assessments to determine a candidate's aptitude for the role.
6. Selecting the right fit
When it comes to selecting the right fit during the recruitment process, it is important to keep the prospect in the loop about where they are in the recruitment process and how long it will take to get back with a decision. Once the right candidate has been chosen, the next step is to conduct background and reference checks.
7. Extending an offer
At this stage of the recruitment process steps, the recruiter reaches out to the selected candidate and extend an offer employment.
This is a step which needs a lot of care, since an offer of employment doesn’t guarantee an acceptance. The offer letter should be well structured, should define the contract length, working hours, compensation, benefits, notice period and other important details of employment. Apart from that, the hiring manager or prospective manager can make the job offer even more desirable by reaching out to the candidate, because doing so may encourage them to accept the offer faster.
8. Onboarding the new employee
The candidate has signed the contract and is officially an employee of the company! Now is when the work begins. The onboarding process for the new hire has to be strategically laid out to ensure a positive experience. The new hire needs to easily dive into their new role and become productive. The recruiter or manger must also ensure the completion of all necessary paperwork, equip the new hire with the tools they need for the new role, acquaint them to the company’s culture, and overall guarantee a good start and the successful completion of the recruitment process.
Benefits of having an effective Recruitment and Selection Process?
An effective recruitment and selection process helps organizations reduce hiring costs, the biases associated with hiring, and increases the quality of hires. Beyond cost and speed, by using automation to strengthen recruitment processes in HRM, organizations gain additional benefits, such as:
1. The ability to analyse current hiring processes
The recruitment process needs to be optimized for efficiency religiously. With a tech-driven recruitment system, the organization can leverage the power of analytics to assess the company’s hiring patterns, time to hire, and detect obstacles within the hiring process in real time; and consequently drive improvements.
2. Improve quality of candidates
By integrating an employee referral system, effectively optimizing sourcing channels, or pre-screening resumes with an integrated resume parser, tech-enabled recruitment processes can enable hiring managers to get a 360-view of the candidate. It’s time-saving, cost-effective, and helps get to the right hire quickly.
3. Create employer brand awareness
The power of the employer brand is never to be underestimated when attempting to attract top talent. An ATS not only offers a consistent recruit-to-hire solution, but also provides feedback to candidates which further helps in bolstering the employer brand among new hires and a potential pool of employees. In addition, it can also provide insights into how to improve the organisation’s employer brand.
4. Make the recruitment process scalable
Without a shadow of doubt, the recruitment process can be the most tiresome process of human resource management. Tech-driven recruitment processes makes the recruitment process flexible, scalable, and proactive to fulfil the company’s hiring needs. A flexible solution is especially valuable for rapidly growing organizations, for the scalability provided by these processes are critical to help them meet growth targets.
Want to build an effective recruitment process?
Organizations have come a long way from rolodexes and filing cabinets. And as evidenced from the information above, a lot of effort goes into creating a successful and effective recruitment process. Would you like a hand in creating one?
peopleHum’s AI-powered recruitment solution helps growing organizations in building effective recruitment processes. Our platform is built to streamline the lengthy recruitment processes, enhance your employer brand awareness, and help you find the best hires in record time.
So, do you want to build an effective recruitment process?