Hiring is one of the key business processes of an organization as the return on investment is directly impacted by the competency of the employees hired along with business strategies and decisions that the company undertakes. HR receives thousands of resumes for a job position and only the ones which pass the ATS keyword and Boolean test see the light of the day, the others are never looked at. The candidate discovery feature of the HR recruitment platform ensures a better usage of the candidate database by profiling the old applicants who had earlier applied for the role and for some minor reasons were not a great fit at the time. The candidate discovery feature is formulated to save time for the hiring managers as it reengages them to the past applicants who might be a good fit for the new job. The feature not only creates a list of past job applicants who meet the job requirement but also expedites the hiring process making sure the time to hire SLA is always met.
The following benefits of candidate discovery feature make it an indispensable add-on of the HR recruitment platform:
· It increases the efficiency of the hiring process by automating the task like screening and shortlisting. The feature integrates with the applicant tracking system module and scans your existing database for any old applicants whose skills match the current job opening requirements. The candidate discovery feature also assists in improving metrics of “time to hire” as the probability of an old applicant re-engaging with the company of his choice is more comparable to a new applicant.
· The idea of re-engaging with the old applicant not only enhances the candidate’s experience but also increases the brand value of an organization as it reflects the unbiased approach to hiring from a candidates’ perspective.
· In today’s candidate-driven job market it’s important for the recruiters to have a proactive approach to hiring, to be engaged with candidates and keep a tap on their skillsets. Candidate discovery capability can be leveraged to source your existing pool of candidate database to fulfill the void right talents.
· Last but not the lease it saves the company a lot of money which it would have otherwise spent on the recruitment process. Sourcing, screening and attracting a set of new candidates involves a lot of expenditure which eventually hampers the profit margin of the company and keeps the HR staff occupied in the more administrative task than focusing on formulating candidate engagement strategies.
Candidate discovery is a tool in the applicant tracking system which allows the recruiters to easily search correspondences and feedback of the past applicants and understand the requirements of the hiring managers based on the search parameters. It creates a standardized approach of hiring based on machine learning to match job seekers accurately with the job requirements.