white paper your people. our passion. & ibm top performing companies don’t just invest in the...
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© 2017 iCIMS Inc. All Rights Reserved.
White Paper
Your People. Our Passion. How Strategic Automation Can Improve Your Hiring Success
© 2017 iCIMS Inc. All Rights Reserved.
Most employers know that talent acquisition is a mission critical part
of business. They recognize that finding the right people impacts
overall success, but also see that as the talent acquisition landscape
has evolved, it has become exceedingly competitive. Forty percent of
employers said they struggled to find qualified candidates in 2016.1
Employers have used applicant tracking systems
(ATS) to meet hiring challenges for years,
automating manual processes and digitizing the
hiring experience. However, automation has
progressed just as rapidly as the talent acquisition
landscape itself and applicant tracking systems can
now go beyond basic automation. Technology
providers are serving up software that automates
in more innovative and proactive ways. Through
configurable, cloud-based software, it’s possible to
be more strategic about the end-to-end recruiting
process than ever before.
Yet, many employers choose to stick with applicant
tracking systems with limited automation, or
which are a part of legacy ERP systems not
intentionally built for applicant tracking. These are
the systems that haven’t quite kept up with the
latest revolutions in recruiting, like social, mobile,
video, and recruitment marketing. Employers
that prefer to maintain these systems for the
sake of convenience or out of fear of automation
replacing jobs, may be missing the point: getting
by is getting left behind. The reality is that strategic
automation is at the core of hiring success.
Employers that invest in it set themselves up for
long-term success. Here’s why.
The Business Benefits of Better Automation Employers that prioritize recruiting automation are
in a better position to increase their overall returns
on investment. 76% of HR professionals said they
receive a strong ROI.2
The additional benefits of better automation include:
The Benefit: More Employee Referrals for Faster Hiring and Lower Turnover
It’s widely known that employee referrals have a
positive impact on hiring. That’s because referred
employees tend to perform better and stay longer:
forty-three percent of companies said their best
candidates come from employee referrals, and
fifty-six percent of referred employees have been
in their current position for more than five years.3
With the right automation, employers can increase
their intake of employee referrals with the ability
1. ManpowerGroup Talent Shortage Survey | 2. Hiring Insights
Talent acquisition ranks number one among all HR topics for
having the highest impact on
revenue and profit margins.– Boston Consulting Group
White Paper | Your People. Our Passion. How Strategic Automation Can Improve Your Hiring Success
© 2017 iCIMS Inc. All Rights Reserved.
to automatically post job openings to employees’
social networking feeds. Recruiting software
features like iCIMS Social Distribution make this
type of “set it and forget it” automation possible,
and gives employers the ability to track which
applicants came from an employee’s social job
post. Asking for employee referrals is no longer a
word-of-mouth initiative or repetitive email blast—
it’s automatic.
The Benefit: Better Candidate Communication for Stronger Branding and More Applicants
Sixty-seven percent of job seekers have a positive
impression of a company if they receive consistent
updates throughout the application process.4 But
it’s difficult for recruiters to provide those updates
to each candidate when there are hundreds
of applicants to manage and recruiters lack
automation. Consider that the average job attracts
two hundred and fifty candidates.5 When recruiters
don’t communicate with these candidates though
(and about seventy-five percent of job seekers
say they never hear back from employers6), sixty-
nine percent say they’re less likely to buy from
the company again, while forty percent say
they’ll never apply at the company again.7 Poor
communication can mean fewer future applicants
and customers.
An applicant tracking system with email
automation makes it possible to create and send
email templates in bulk, triggered when a position
is filled, or when a group of candidates do or don’t
make it on to the next screening round. This not
only makes it easy for recruiters to keep candidates
informed, but because these automated emails
are still personalized by first name and the job
applied for, they also work to support positive
employer branding.
The Benefit: Automated Candidate Profile Creation and Searching
Automated candidate profile creation goes a
step further when applicant tracking systems can
automatically pull and organize information within
those profiles based on requested search terms. For
example, you want to find out which candidates
that applied to an opening note they’re proficient
in Excel. Forget visiting each candidate’s profile
individually and making a list—just enter the term in
your system’s search bar and generate query results
organized by a candidate’s relevancy to the search
term. This not only saves time but contributes to
more effective screening.
The Benefit: Real-Time Reporting for Smarter Investments
Talent acquisition teams that used data to inform
their recruiting strategies were two times more
likely to improve their recruiting efforts and three
times more likely to reduce costs, while improving
efficiency.8 Companies with a high level of HR
analytics also had twenty-four percent higher net
operating income.9
Applicant tracking systems with robust reporting
capabilities make it possible for employers to not
3. iCIMS Hiring Insights | 4 Ideal | 5. ERE Media | 6-7. CareerBuilder | 8. LinkedIn | 9. MIT & IBM
Top performing companies don’t just invest in the infrastructure needed to perform analysis at a high level: they drill down metrics to a deeper level and communicate to decision makers more effectively. As new tools become more powerful, lagging companies will fall further behind.– HRO Institute
White Paper | Your People. Our Passion. How Strategic Automation Can Improve Your Hiring Success
© 2017 iCIMS Inc. All Rights Reserved.
only automate data aggregation and display metrics
on real-time dashboards, but provide the ability to
easily create and export reports from multiple hiring
systems (ex: metrics from your applicant tracking
system, your candidate relationship management
software and your onboarding software).
The Benefit: Automated New Hire Onboarding for Increased Retention
When digital onboarding is used in the hiring
stage, new employees are more productive in their
first few weeks of work.10 The right automated
onboarding solution makes it possible to offer
new hires online portals that are specific to their
job type and that provide electronic resources
and forms that can be reviewed before their very
first day. Automated reminders can also be sent to
new hires and internal stakeholders to ensure tasks
are completed on time. Seventy-seven percent of
employees that went through formal onboarding
met their first performance milestone.11 Better
onboarding can make for better hires.
Automation to Unify All of Your Hiring ToolsStrategic automation also means pulling together
all of an employer’s hiring systems, through
integrations. Integrations make it possible to
consolidate for even better efficiency and greater
returns on investment.
For example, when your background screening
solution is integrated with your applicant tracking
system, screening results are automatically
imported into the candidate’s profile in your
ATS. Reports on background screening (like the
number of background screens you carried out
in a month, or the percent of candidates who
failed background screening) can be created from
your ATS, too. Because these systems are
integrated and can talk to each other, recruiters
no longer have to log into separate systems or
re-enter information. It’s all automatic. And when
you have integrations with all of your talent
acquisition solution providers (your reference
checker, your job boards, or even your payroll
system), you gain an entire view of your operations,
including the ability to review aggregated data
and make more strategic decisions. iCIMS UNIFi
is one such Platform-as-a-Service (PaaS) option
that brings together companies’ hiring tools
through integrations.
In a nutshell, a hiring Platform-as-a-Service solution
can provide key benefits like:
• Automated data sharing between systems
• Consolidated log ins for easy user access
• Holistic views of recruiting operations, for better resource allocation
Recruiting technology that can pull together
all of an employer’s hiring solutions are what
progressive companies leverage to stay ahead
of their hiring competition, and they’re what
companies with legacy systems need to consider
if they wish to keep up. As the Brandon Hall
Group notes, “The landscape for talent acquisition
has evolved into a multi-faceted end-to-end
process that requires a well thought out strategy.
Organizations today need to seriously reflect on
the notion that in order to have the most efficient
and effective talent acquisition strategy they must
think about their technological choices in terms
of a platform.”
What About Automation of the Future?
10. Talent Board | 11. Urban Bound
White Paper | Your People. Our Passion. How Strategic Automation Can Improve Your Hiring Success
© 2017 iCIMS Inc. All Rights Reserved.
There’s every reason to believe that recruiting
automation hasn’t reached its peak. If we judge
by the ways in which automation is advancing in
other areas of business and consumer technology,
there may be miles to go. While we can’t know for
certain if artificial intelligence or machine learning
will be an important part of recruiting in the future,
the automated information sharing and data
aggregation already offered by some recruiting
technology providers suggests it’s a possibility.
For example, imagine a scenario in which your
unified talent acquisition platform automatically
aggregates and analyzes troves of data from your
own hiring records and those of all the companies
it connects to. With that information, it can then tell
you which job title is the associated with the position
that you’re hiring for, or it could note that if you were
to raise a position’s salary range by $2,000, you’d
have a sixty-seven percent greater chance of filling
the position within ten days. Or, it could use historical
data to determine which candidate characteristics
best predict success in a role at your company.
Or, imagine a recruiting system that’s intelligent
enough to coordinate scheduling in full with
candidates—no email creation and deployment
required by the recruiter. Think that’s not possible,
or that candidates would know it’s a computer?
Successful models are already in use.13
Ultimately, this type of automation could mean:
• Predictive analytics for better candidate match-ing and resource allocation
• Increased ability to analyze risks and course correct effectively
• A more seamless view of your holistic recruiting operations, for better returns on investment
Today’s executives can plan for recruiting
automation of the future by progressing with the
pace of technology today (opting for solutions that
make the most of the automation we have available).
Those that don’t keep up with automation advances
(and let that mediocre ATS be “good enough” or
stick with the provider that only thinks about the
here and now), will one day have to leap to catch up
Artificial Intelligence is a huge market,
predicted to surge from $8 billion
this year to $47 billion by 2020.– IDC
13. Fortune
White Paper | Your People. Our Passion. How Strategic Automation Can Improve Your Hiring Success
The iCIMS integration is key to what
makes this work so well. Without it
you won’t get the efficiency, real-time
data, or metrics that come with having
a strong integration partner.
Since complete automation and
integration with iCIMS and SHL, DeVry
has saved an average of $100,000 yearly
on mail costs, and averages a 30-50%
decrease in time to fill positions.
© 2017 iCIMS Inc. All Rights Reserved.
to competitors that seem light years ahead. Making
that leap will probably mean highly disruptive change
management within the organization, as teams go
from minimal collaboration with automation to full
interdependence that might require taking on new
job responsibilities.
So consider:
1. Are you taking full advantage of the recruiting automation that’s available today?
2. Is the automation you’re using poised for future innovation?
Recruiting technology that uses automation
strategically, brings together all hiring tools, and
has a vision for continued advancement is here. It’s
what progressive companies leverage to stay ahead
of their hiring competition, and it’s what employers
with outdated systems need to invest in if they wish
to keep up.
Investing in strategic recruiting automation isn’t
just about convenience for the individual recruiter
or championing the HR team, it’s about better
outcomes for the entire business.
How iCIMS Can HelpiCIMS is the leading provider of talent acquisition
solutions that help businesses win the war for top
talent. iCIMS empowers companies to manage
their entire hiring process within the industry’s
most robust Platform-as-a-Service (PaaS). Built
on the foundation of a best-to-market talent
acquisition software suite, iCIMS’ PaaS framework,
UNIFi, allows employers to expand the capabilities
of their core talent acquisition technology by
integrating with the largest partner ecosystem
in talent acquisition to help them attract, find,
screen, and manage candidates. Offering scalable,
easy-to-use solutions that are backed by award-
winning customer service, iCIMS supports more
than 3,500 contracted customers and is one of
the largest and fastest-growing talent acquisition
solution providers.
Connect with iCIMS on social media!
White Paper | Your People. Our Passion. How Strategic Automation Can Improve Your Hiring Success