Published on November 3rd, 2022
Candidate screening? Why bother with another expense amidst the thousands of expenses that will come in at some point? Well, these ten benefits are sure to change your mind considering that time is also money and when there is an efficient way to get done one of the most crucial aspects of talent acquisition. In fact, 96% of senior HR professionals think AI has the potential to significantly improve recruiting and retaining talent according to ideal. So, whats’s the hold-back? At least read ahead and see if using automated candidate screening will help you in any way.
Candidate screening is one of the three S's of recruiting, which comes after candidates have been found from the applicant pool. The process of screening involves analyzing resumes and job applications to identify qualified applicants who fit the job description. The evaluation of a candidate's suitability for the position is based on their background, skills, and educational credentials.
Even with advances in recruitment technology, the hiring process's most time-consuming step is vetting candidates. The time required for screening takes roughly 23 hours on average. But in order to maximize candidate retention, the screening process must be drastically shortened given the limited window of opportunity on the candidate market.
"You cannot mandate productivity; you must provide the tools to let people become their best. Steve Jobs"Steve Jobs"
Automated candidate screening helps increase productivity
Automatic screening allows for a quicker and less manual process of filtering prospects. Especially in the case of volume recruiting, this decreases the amount of time spent on boring and pointless duties, allowing the focus to be maintained on more important responsibilities. As a result, hiring takes less time and is more effective.
Recruiting teams may operate more productively, reach important decisions more rapidly, and avoid manual duties with the help of automation.
In the event of high-volume hiring, automating the manual candidate screening process, for example, can free up more time for other important duties.
Similar to how scheduling interviews automatically might cut down on the time needed to schedule appointments with candidates.
A shorter hiring period is also achieved by automatically eliminating irrelevant applications and reviewing and contacting the best applicants directly from the applicant list. According to Yello's 2020 poll, recruiters spend the majority of their time interviewing applicants, with candidate screening being named as the hiring process's most time-consuming stage by 60% of respondents. It takes a lot of effort to gather essential but simple data that a CV parser might gather thousand times over.
To shorten the hiring process without sacrificing effectiveness, a healthy mix of human and AI screening is required. On the one hand, depending too much on AI screening can lead to the exclusion of top prospects, while on the other, leaning too heavily on human screeners can result in a lengthy and laborious procedure that makes it difficult to examine all candidates in a timely manner. The ideal scenario for employers is to be able to thoroughly evaluate each applicant. First, the number of applicants should be reduced by eliminating any applications that aren't relevant, and then the workload should be manually managed.
Amp up the standard of hire with automated candidate screening
Employers can evaluate a candidate's cognitive aptitude, growth mindset, and problem-solving skills, among other things, by automating the candidate selection process. This expedites the recruitment process for qualified candidates.
A data-driven recruitment solution called predictive hiring enables recruiters to pinpoint candidates from talent pools who are most likely to be high-performing.
As a result, businesses that must evaluate hundreds of applicants each month can greatly benefit from automation and raise the caliber of their hires.
By gathering and quantifying information about candidates and utilizing psychometrics, automated screening enables recruiters to make knowledgeable judgments with a high degree of accuracy. If the work is done manually, errors are likely to occur. However, because only the most qualified candidates are taken into account, automation significantly improves the quality of hires.
Looking for a way to promote diversity? Automated candidate screening is the way
to connect with and hire diverse talent is a challenge for the majority of talent acquisition leaders. Companies can eliminate this bias and improve their candidate qualification process by utilizing automation and assisting technologies.
In order to "float" minority candidates, racial, ethnic, and gender minorities, technologies like Joonko, a diversity recruiting platform with a candidate pool of more than 100k job seekers from underrepresented sectors, directly interacts with a company's tracking system (ATS). Companies may meet their DEI (diversity, equity, and inclusion) objectives with the aid of the AI-powered platform.
Only 20% of businesses are now using automation to promote diversity goals. We can be confident of a fair hiring process as companies spend more in recruiting automation.
**Enhance the Candidate Experience using automated candidate screening ** According to research presented by IBM, job seekers are 38% more likely to accept an offer of employment after a favorable recruiting experience.
Good candidate experience is made possible by automated candidate screening, which is essential in regaining candidates' faith in the hiring procedure. The applicant experience is improved overall since candidates now receive quicker responses and are aware that screening is impartial.
For startups and SMBs with growth aspirations, inflection periods frequently arise where several hiring is required to take advantage of growth prospects. The hiring procedures and resources in place, however, could impede progress, limit growth, and squander precious time. Scalability in recruiting is essential because of this. It is simpler to manage several openings with a small team when using recruitment automation software that can scale with you as you grow and can handle high-volume hiring.
Automated candidate screening emerges as the shining knight during such turning periods when firms urgently require more employees and is prepared to take on extra work to lighten the strain of your hiring team. This allows hiring teams flexibility in the methods they select. This allows hiring teams to handle their hiring workflows however they see fit, making the hiring team's operations sensitive to the company's requirements for workers.
Thus, a positive candidate experience significantly impacts a candidate's decision to join the company. Rapid response times and relationship-building with prospects are made possible by automation.
**Streamlines the hiring process: **
The efficiency of the hiring process is determined by the results of the candidate screening. Mismanagement at this point has a ripple impact on how the hiring cycle will function in the future. As a result, establishing the hiring pipeline in a way that is easy to manage requires automating candidate screening.
There are frequent turning times for startups and SMBs with growth aspirations where several hiring are required to take advantage of growth prospects. The hiring procedures and resources in place, meanwhile, might stifle growth and waste time by slowing down the process. Scalability in recruiting is essential for this reason. To manage several vacancies with a small staff, recruitment automation software that can scale with you as you grow and handle high-volume hiring is helpful.
Automated applicant screening emerges as the shining knight during such turning periods when firms urgently require more employees and is prepared to take on extra work to lighten the workload of your hiring team. Due to this, hiring teams have more freedom to pick how they want to. This allows hiring teams to handle their hiring workflows however they see fit, making the hiring team's operations sensitive to the company's requirements for workers.
Saves the time taken to hire
The most obvious reason why automated candidate screening is a hit is that it saves time for hirers. In fact, hirers need only look at the applicants after they have passed the screening test. They do not need to waste time responding to the rejected candidates or giving feedback as most automated candidate screening systems have inbuilt software that sends an automated response comparison of the necessary feedback.
Removes bias and permits DEI promotion
Humans are prone to passing judgment. Manually choosing candidates relies, intentionally or unconsciously, on presumptions about arbitrary characteristics like gender, ethnicity, race, age, etc. Automating the process raises the possibility of candidates from a diverse pool moving on to later rounds, even while manual screening is vulnerable to biases.
Although candidate screening is a crucial step in the recruiting process, it is also possibly where biases and rumors endure the most. Human screening involves judging resumes based on subjective criteria, such as their organization and writing abilities. It is a very speculative approach that is subject to bias. To narrow the field of contenders to a manageable size, this speculation is necessary. A more effective and useful alternative is to give AI this guesswork and conjecture, as AI will base its judgments on more important reasons than arbitrary ones.
As important as this assumption is for reducing the applicant list to a reasonable number, these arbitrary criteria can, regrettably, have many wider-reaching effects like gender, race, and ethnicity.
Scalable hiring is made possible by the fact that market volatility will inevitably lead to staff expansion and contraction. The problem is that after the workforce is decreased, rehiring becomes difficult, especially in large volumes. However, the use of automated screening makes recruiting on a big scale easier.
Organizing the recruitment workload Jobs are now easier to find than ever before. Nowadays, it's simple for folks to easily apply to numerous jobs with just one button click. As wonderful as this is, it can also result in more people who aren't qualified for the position. According to some estimates, up to 75% of candidates may not be qualified for a certain position. Due to this, a significant amount of recruiters' time is spent sifting out unnecessary applications, time that may possibly be better spent attending to more relevant applications that went overlooked. This has a detrimental overall effect on both companies and job seekers. Instead, automated applicant screening gives recruiters important information about a candidate's suitability for the job assignment before even evaluating it.
With ten benefits that scream out the success of automated candidate screening there’s no reason to not take a peek at automated candidate screening. We’ll help you save time with the search because we have the best skill assessment and video assessment platform out there. Don’t take our word for it, go through our G2 ratings and reviews. After that, we can have a 25 minute call that will amp up your hiring game like never before!
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