7 Best Recruiting Tools Of 2017 [Infographic]
Hiring volume is predicted to increase in 2017, which means recruiters will need better and faster recruiting tools.
Here’s a list of the 7 best recruiting tools poised to take off in 2017 summarized in an infographic.
Recruiting tool #1: Automated resume screening
Automated resume screening promises to be one of the best recruiting tools of 2017 because it helps solve a major challenge with resume screening: volume.
Jobvite’s recruiting survey reports the typical high-volume job posting receives more than 250 resumes. On average, 65% of these resumes are ignored.
Automated resume screening is part of a growing recruitment tech category designed to reduce — or even remove — low-value, administrative activities like manually screening resumes.
Designed to integrate with your existing ATS, resume screening software uses AI to learn what good candidates looks like based on your historical hiring decisions.
The software then applies the knowledge it learned about your employees’ experience, skills, and other qualifications to automatically screen, rank, and grade new candidates (e.g., A to D).
The benefits of automated resume screening includes the potential to reduce your cost per hire by 70%.
Recruiting tool #2: The gig economy
Gig workers, freelancers, and part-timers are becoming more common in all sectors these days. By 2020, it’s estimated that more than 40% of the US workforce will be part of the gig economy.
For high-volume or seasonal roles such as retail, expanding your talent sourcing with an on-demand talent pool can be an invaluable recruiting tool to save you time and effort.
Recruiting tool #3: Recruiter chatbots
One of the more intriguing recruiting tools of 2017 are recruiter chatbots.
These chatbots are designed to provide real-time interaction to candidates by answering questions about the job and providing feedback, updates, and suggestions.
Recruiter chatbots hold the potential to to improve the candidate experience, arming time-constrained recruiters with another tool to compete for talent in today’s candidate-driven market.
Recruiting tool #4: Boomerang hires
A boomerang employee is someone who leaves an organization, works somewhere else, and then comes back.
Boomerang hires are becoming more popular: 85% of HR professionals say they have received job applications from former employees and 40% report a former employee was hired.
Boomerang hires are one of the easier recruiting tools to have at your disposal because they tend to have a proven track record at your company, are more likely to fit the work culture, and are less likely to quit this time around.
Recruiting tool #5: Recruiting software marketplaces
Instead of all-in-one HR software systems, recruitment best-of-breed marketplaces have become the dominate go-to option to fulfil specific recruiting needs.
This alleviate the previous pain point and cost associated with integrating recruiting software tools in the past.
According to Lever’s Leela Srinivasan:
The number of vendors you work with is far less critical than having technology that integrates, and integrates seamlessly.
In fact, relying on one vendor to do it all can be much less effective because no one player is best-of-breed at everything.
These recruiting software marketplaces allow talent acquisition and recruiting leaders to easily search for and compare recruiting tools.
This enables you to be more nimble and innovative in finding the right recruiting solution when you need it.
Recruiting tool #6: Video interviewing
Video interviewing is a popular recruiting tool because of the convenience and time savings.
A video interview can take place in real time or candidates can pre-record their interview and you can watch it at your convenience.
The latest innovations in video interviewing software include analyzing factors such as candidates’ word choices, speech patterns, and facial expressions to assess his or her emotions and personality traits.
These developments are intriguing because they may help recruiters predict quality of hire from a video interview by using data.
Recruiting tool #7: Candidate rediscovery
Candidate rediscovery is the practice of mining your existing resume database to find candidates for open reqs.
Even though a typical enterprise company has hundreds of thousands to million of resumes, most ATSs are not set up to be able to easily search and rank these previous candidates for current job openings.
That’s why software that allows you to conduct candidate rediscovery is poised to become one of the most useful recruiting tools of 2017.
According to LinkedIn, only 36% of candidates actively search for a new job. That means a typical job posting will only attract about a third of the potential talent pool who might be interested.
Candidate rediscovery allows you to tap into the talent pool that you’ve already spent resources attracting, sourcing, and engaging.
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