Hiring the best talent can often come at a huge cost for businesses. According to figures reported by recruitment firm Robert Half, small and medium-sized enterprises (SMEs) in the UK spend an average of £125,347 each year on their recruitment efforts. However, this figure can increase significantly if the wrong candidate is hired as the business must then begin the hiring process from scratch.
Technology can help businesses optimise their functions and improve efficiency in several key areas. In this article, we will look at some of the ways small businesses can leverage technology with regard to their recruitment strategies, enabling them to attract top talent and further their overall success.
Job Boards
Online job boards have transformed the way employers can advertise job vacancies within their organisations enabling them to reach and attract a wider and more select pool of prospective candidates.
Digital platforms have streamlined the application process, replacing traditional resume-based recruitment with a more interactive and dynamic approach that allows applicants to create custom profiles that showcase their skills and experience in more relevant and engaging ways.
In addition, they allow employers to provide detailed job descriptions that allow them to expand on advertised roles and responsibilities beyond the limits of traditional job postings. As a result, job boards can be effective tools to help small businesses attract those candidates that are most aligned with their needs, values, and business objectives.
If your business is looking to take advantage of such platforms, you can now create your own white label job board by visiting this site.
Talent Assessments
Employers are increasingly incorporating talent assessments as part of their recruitment process in which they evaluate particular skills, and competencies in prospective candidates before making any hiring decisions.
Artificial intelligence (AI) powered tools can offer small businesses an efficient way to test various abilities ranging from job-specific competencies and personality traits to work styles and cultural fit. For instance, game-based assessments are commonly used to measure cognitive ability in a fun and engaging way compared to standard psychometric assessments.
These AI-powered tools are able to analyse the data gathered to produce detailed reports on candidates’ skills, personality traits, and overall suitability for the roles advertised. These tools can help small businesses make better data-driven decisions when hiring, ensuring they select the candidates that are best suited for their business.
Onboarding
Onboarding is an important part of the recruitment process and one that can be greatly enhanced through the use of technology. Small businesses can make use of onboarding software to provide new employees with the information and resources they need to get up to speed with their new roles in the most efficient and supportive way.
This software can also be integrated with other systems within an organisation including Human Resources (HR), payroll, and IT, allowing for the easier coordination of data across departments. Not only does this reduce the risk of errors or inconsistencies in new employee information but it also helps to free up time that would otherwise be taken up by manual data entry and administrative tasks.
By leveraging the many benefits that technology has to offer, small businesses can greatly enhance their recruitment efforts and optimise the process of attracting top talent.