Building a staffing software toolkit is critical in today’s talent environment. The technology solutions designed specifically for staffing are numerous. The technology necessary to attract passive talent is not easy to interpret or implement and requires tech savvy new age recruiters to operate effectively and show a return on investment. Using the right staffing technology will streamline operations, improve talent pipelines and ultimately help you find the talent needed for your business to grow and be successful.
The staffing process can be segmented into 3 main phases.
This post will focus on the technology essentials for sourcing and engaging passive talent.
Applicant Tracking Systems
Software systems that allow companies to track and manage multiple job requisitions and candidates
AI & Automation
Platforms that allow for candidate chat bot’s, marketing automation for candidate sourcing and lead generation through social media advertising
Applications that allow companies in need of talent to find potential candidates
Forms of electronic communication through which users create online communities to share information, ideas, personal messages and other promoted content
Referral Software Platforms
Programs that enable companies to harness their own network as a source of high-potential hires by incentivizing opportunity sharing and invitations to apply for open positions.
Predictive Analytics & Matching Technology
Tools that help recruiters optimize talent acquisition, pipeline planning, potential fit ranking and job-response management
Screening & Assessments
Software that helps recruiters identify candidates that are the best match for the open position, make better hiring decisions & ultimately increase talent retention
Technology that supports virtual job interviews to reduce costs and maximize efficiency
If you were to purchase only one solution from each talent sourcing and engagement category the annual price tag on your staffing software toolkit would be approximately $57,500. This total cost only includes the software and does not account for a tech savvy team member needed to manage the processes and technology.
It is worth asking: do you have enough annual hiring volume to provide a return on investment for the essential software and recruiting manager? If you are a small to mid-sized business, the answer is likely no. Accordingly, it might be advantageous to work with a local partner who has already invested in multiple industry-leading technology solutions designed specifically to reach and attract passive talent.
Recruiting is being redefined. A robust and well-built staffing software toolkit will allow you to attract passive candidates by connecting the right candidate with the right opportunity at the right time.
If you are interested in learning more about the tools, techniques and tactics used to find top talent, click below to check out our Successful Staffing Strategies webinar!
April 19, 2018
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