Solutions : ATS - An Introduction
Why Do You Need An Applicant Tracking System?
An Applicant Tracking System is critical to successfully achieving
your staffing requirements as part of your proactive company-wide
hiring and staff retention program. By automating key tasks, reducing
the amount of paperwork, eliminating duplication of effort and
providing a central database of applicants, an Applicant Tracking
System can provide one of the best returns on your HR spend. The
cost and time required to hire new staff will quickly reduce,
meaning you get a swift return on your initial investment.
An Applicant Tracking System also provides a controlled environment
that centralises and standardises the recruitment process throughout
your organisation, enabling HR staff and hiring managers to spend
less time on administration and provide the means to focus more
on strategic efforts. It’s a fact: a recruiter who simply
reacts to current requirements is not as valuable as one who fills
positions by creating a strategic recruitment and retention plan.
As your talent pool grows, your Applicant Tracking System will
become one of your foremost applicant resources for new job openings
because it contains active as well as passive applicants, giving
you immediate access to higher quality, pre-screened, pre-tested
applicants so that you can hire them ahead of the competition.
Additionally, by automating applicant information storage it
becomes easy to comply with Data Protection legislation in all
countries.
Management Information
The provision of comprehensive real-time management information
and reports provide a full audit trail, increasing HR and management’s
control of the hiring process and budget.
Real-time metrics provide up-to-the-minute information on key
activities, including cost and time to hire, applicant and vacancy
status, equal opportunities, advertising campaign ROI and hiring
manager activity. The longer the system is in use, the more valuable
the data becomes, providing a key source of metrics for both process
improvement and strategic planning.
Corporate Website Integration
The best Applicant Tracking Systems will provide a front-end solution
for your corporate website, with a seamless transition to your
search and application facilities. Online recruiting is now one
of the most successful and cost effective strategies for quickly
reaching many potential applicants. Indeed, the average cost per
hire from the Internet was shown to be just 10% of the cost from
print advertising in the Employment Management Association Cost
Per Hire and Staffing Metrics Survey.
It is also one of the fastest growing sources of applications,
with 91% of Global 500 companies using their corporate website
as their key recruitment tool.
HR professionals are expected to increase their online recruitment
spending more than 50% by 2004, according to Forrester Research.
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