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Key Issues for Choosing the Finest Staffing Company Software program in 2022

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Virtually half (40%) of quick progress staffing companies strongly imagine recruiting automation will rework the business.  In the identical manner that Tinder and the world of recent courting apps as soon as irreversibly reworked our strategy to courting, the unprecedented workforce shifts of 2020-21 are forcing a dramatic evolution of approaches to recruiting. Let’s discover this metaphor additional.  The previous decade has seen twenty first century daters transition from a reliance on nose to nose chemistry to AI powered tech. Equally, publish pandemic recruiting successes will see a departure from leveraging private networks and handbook practices to a deeper reliance on digital recruiting programs that capitalize on contingent and versatile workforce traits. Future dealing with software program for staffing companies might want to higher allow digital hiring, the seek for certified candidates, candidate engagement, automation and final however not least, DEI (Range, Fairness and Inclusion).

However… isn’t the large give up or ‘nice resignation’ in the end going to make recruiting simpler for staffing companies? Sure, though there’s a caveat.  Staffing companies which are profitable on this markedly modified world will possess the proper engine to energy their outcomes. How will you recognize when you have that engine? Profitable software program choice.

This information will cowl the next 6 key issues for choosing the software program that can set your staffing company up for publish pandemic contingent hiring success:

  1. Will the software program streamline your recruiting practices?
  2. In what methods does the software program higher assist digital recruiting?
  3. How does it allow hiring of greatest match candidates?
  4. How can LiveHire assist ship a number one candidate expertise? 
  5. Does it allow scalability with out compromising on candidate expertise?
  6. Can it strengthen DE&I hiring?   

Staffing Company Software program Snapshot

However first, let’s take a second to look at the context of staffing company software program for contingent hiring. Why? A fast snapshot of the business will assist you achieve readability on the place it’s headed and the place the alternatives exist to your group.

At present valued at US$130 billion this quickly increasing market is shortly evolving. Innovators within the area are growing vanguard managed direct sourcing platforms, reminiscent of LiveHire, designed to fastback and optimize contingent hires. Whatever the route taken, staffing software program has develop into an indispensable instrument for many staffing companies. Staffing software program manages the complete recruitment course of from finish to finish and contains candidate relationship administration, knowledge seize and automation. Nevertheless, many conventional Applicant Monitoring System and CRM options should not constructed with a versatile sufficient structure to assist the agility staffing corporations would require shifting ahead. The brand new frontier of staffing company software program is designed with the pliability to drive progress and profitability within the publish pandemic recruiting local weather.

Let’s break down the 6 key components to search for in your subsequent staffing software program buy.

1.  Will the software program streamline your recruiting practices?

An efficient staffing company software program ought to simplify your recruiting processes and enhance effectivity to allow you to ship higher outcomes for shoppers and accelerated enterprise progress.

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The time to fill a contingent job varies in accordance with the position however most roles ought to be crammed inside days, moderately than weeks, as in comparison with a lengthier common time to fill everlasting roles of  45-50 days.  Thus, a system that permits hiring velocity is paramount for attracting high contingent expertise in right now’s aggressive contingent workforce local weather.

Utilizing LiveHire’s expertise acquisition software program, Elevate Recruiting teamed up with Canada’s Ontario Ministry of Well being to assist them obtain their escalating worker hiring targets through the top of the pandemic.  Utilizing Livehire’s software program to handle their expertise pooling and centralize workflow, they employed and on-boarded over 300 workers inside the first few weeks, decreasing their median time-to-submit to simply 3 days.

Key options to search for:

  • Can the software program be built-in along with your web site and all different present platforms, together with social media?
  • Is it mobile-optimized?
  • Is it designed to create stay expertise swimming pools to construct a pipeline of candidates earlier than a hiring want arises?
  • In what methods will it ship a tailor-made blueprint to speed up your workflow and drive crew efficiencies ?
  • Does it allow responding to requisitions immediately? For instance, LiveHire’s mobile-enabled consumer expertise and personalised job invites are confirmed to create fast candidate engagement.
  • Is it AI-powered to  maximize expertise matching potential?
  • Does the system can help you contact base with candidates by way of any type of communication to spice up your likelihood of connecting with high tier candidates?

2. In what methods does the software program higher assist digital recruiting for staffing companies?

A key international pattern to emerge from 2020-21 is an acceleration of digital recruiting, with 7 out of 10 organizations persevering with to conduct digital interviews in 2021 in keeping with rising hybrid and contingent workforce hires. The US is main the best way when it comes to integrating digital recruiting into on a regular basis recruiting practices – nevertheless, many recruiters and candidates alike are scuffling with discovering methods to evaluate tradition and worth alignment nearly. Thus, skilled staffing corporations can set themselves aside by reliably figuring out candidates who can work independently with out fixed supervision, are tech savvy, and constantly ship prime quality outputs on demand.

Key options to search for:

  • Date pushed candidate profiles that may determine the most effective candidates suited to distant work. For instance, LiveHire’s AI powered SAAS resolution options candidate profiles that comprise deep knowledge on specialties, expertise, and preferences for job matching enabling identification of suitability for distant work.
  • AI-powered matching that mines your chosen internet platforms for potential candidates with appropriate abilities and expertise for every position. LiveHire’s AI-powered candidate matching finds the proper abilities and expertise for every position, making it simpler to display candidates.
  • International hiring functionality aligned with key rules for international privateness requirements
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3. How does it allow your hiring course of to pick out the most effective match candidates?  

In response to Glassdoor, 76% of organizations in 2021 record attracting well-qualified candidates as their largest hiring problem. The time period ‘match’ refers back to the means of discovering the proper candidate for the proper job inside the proper time-frame. Spurred on by the pandemic, the problem of ‘match’ is additional driving the necessity for digital recruitment and programs with quicker, extra environment friendly processes which may determine excellent candidates for a given position.

Elevate Recruiting not too long ago partnered with LiveHire to ship direct sourcing options designed to drive higher hiring outcomes.

“We partnered with LiveHire to proactively construct expertise swimming pools of pre-qualified candidates for our shoppers. When a job requisition arises, the distinctive 2-way SMS performance permits us to quickly interact with candidates who’re curious about contract work and fill roles shortly.” Edwin Jansen, Head of Company Growth, Elevate Recruiting.

Key options to search for:

  • Expertise pool progress and ongoing administration. Right here at LiveHire, our shoppers and companions create and handle stay expertise swimming pools to construct a pipeline of candidates earlier than a hiring want arises, thus considerably fast-tracking hiring processes.
  • Expertise Cloud focused looking. LiveHire software program permits fast Expertise Cloud filtering and segmentation for correct pre-qualification of appropriate candidates.

4. How can LiveHire assist ship a number one candidate expertise?

60% of candidates that drop out of the recruiting course of accomplish that on account of an excessively complicated and time-consuming utility course of.  Analysis signifies 84% of candidates now count on an preliminary response early within the recruitment course of even when it’s within the type of an automatic e mail. Additional, corporations who boosted their candidate expertise by automating phases of their recruiting course of, achieved a 15% larger conversion charge on their profession websites accompanied with a 23% lower in value per rent. In the event you’re not but satisfied of the enterprise case for implementing a vanguard staffing software program, let these figures settle in for a second.

Software program that yields a robust Internet Promoter Rating (NPS) is paramount. For example, LiveHire’s platform delivers a 96% optimistic candidate satisfaction ranking. As such, our shoppers have achieved the very best candidate NPS globally.

Common Internet Promoter Scores for Staffing Businesses in 2021 – State of Staffing Trade Report

Average Net Promoter Score of businesses in 2021

How is a excessive NPS achievable? Trendy staffing software program is designed with the candidate on the heart on the premise that candidates ought to be handled in a lot the identical manner as twenty first century prospects. So what does swapping out your outdated programs for a contemporary consumer-grade tech seem like? See our shortlist of options to look out for.

Key options to search for:

  • Delivers a frictionless and seamless communication expertise. For instance, LiveHire incorporates a 2 manner textual content messaging system which has resulted in a 17 minute median candidate acceptance time by means of SMS to submittal invitations.
  • Produces focused job invites and personalised, cell communication.
  • Permits easy-to-use digital contract administration.
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5. Does it allow scalability with out compromising on candidate expertise?   

In response to SIA, 69.6% of companies had been anticipated to develop by 11% or extra in 2021. Through the ‘battle for expertise’ period, progress is achievable with the proper know-how. Software program that leverages scale to drive higher productiveness and top-line income is a should. Nevertheless, as mentioned, candidate expertise should be stored on the forefront for outcomes which are sustainable.

International staffing agency, ASK Consulting had been in search of an revolutionary direct sourcing platform to offer a seamless and aligned expertise for shoppers and candidates alike. “LiveHire is by far probably the most revolutionary know-how chief available in the market providing an efficient and dependable Direct Sourcing instrument. Their customer support is unmatched. The UX/UI is so clear, neat and intuitive, and allowed our recruiters to get ramped up very quickly. The partnership has been seamless, and our expertise with them has proven how really passionate they’re about their software program.” -ASK Consulting

Key options to search for:

  • Recruitment automation
  • Reporting and analytics to allow steady enhancements
  • Open APIs for seamless know-how integrations
  • Mechanisms to gather candidate suggestions

6. Can it strengthen DE&I hiring?

In 2021, 45% of candidates count on to be advised about an organization’s variety and inclusion standing. Furthermore, for the overwhelming majority of staff, variety and inclusion are key components influencing whether or not to take a job supply. Nevertheless,  40% of corporations wouldn’t have a formalised variety, fairness and inclusion (DE&I) technique in place. The underside line is DE&I is of rising significance to each candidates and employers. Trendy staffing company options can allow organizations to strengthen their total hiring, attracting constantly high tier expertise, by way of numerous and equitable hiring. The truth is, LiveHire shoppers constantly obtain 15% higher variety hiring outcomes than business friends.

Key options to search for:

  • Potential to draw and have interaction a extra numerous workforce by way of genuine candidate relationships.
  • Customisable notifications to tailor the recruitment expertise and remind interviewers in regards to the significance of adhering to DE&I insurance policies.

Last ideas…

The time to behave is now. Analysis signifies nearly all of staffing companies imagine the most important areas of alternative for driving progress proper now are automation and know-how. The truth is, there has by no means been a extra crucial time in recruiting historical past to reply shortly to altering market situations and new developments. By adopting a number one staffing company software program constructed to answer these rising contingent workforce traits you’ll be able to ship sustainable progress into the long run.  For more information on LiveHire….

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