HR Knowledge

Free Letters

Statistics to Understand Recruitment Management System Better


 

It’s no more a question now whether your organisation has a recruitment management software or not, the question which is relevant is How it is deployed?  Things have changed a lot in the recent years. There are some updated numbers which focus on the technology side of human resource.

1. According to Capterra, 75% of hiring and talent managers use either applicant tracking system for Candidate tracking system or use recruitment management software to improve upon their hiring process


Suggested to read: Key points of Effective Recruitment Policy of Organization


                      Capterra Survey

2. According to job vite, 59%  of job seekers use social media to research a company's culture before applying.

                 Jobvite Survey

3. 47% of companies have HR software that is more than 7 years old. ( Source is Bersin by Deloitte)
4. Companies with HR software see cost savings of 22% per employee. ( Source is Bersin by Deloitte)
5. 48% of HR want to replace their current HR software with a cloud-based system by 2018( Source: Information services group). 
6. Demand for recruitment management system is increasing at a very fast rate.
 
According to a website, HCM global market is expected to grow to $ 22.51 by 2022, comparing to $ 14.50 billion by 2017.
 
This data clearly shows that time and techniques have undergone a sea change in the last decade and most of the companies want to automate HR process to save on time and energy.

       Revenue - hrhelpboard

 

Brief  Explanation of different  software’s which are used by different companies:
 
a) Talent pro: Automated cloud-based recruitment platform and is driven by artificial intelligence.
b) Zoho recruit: One of the best  RMS  software used across the globe.
c) Fresh Team:  It includes all the services like the interview, resume search etc. 
d) Hr Mantra: It automates the hiring process and consistently carried out different modules.
e) Interview Mocha: Mocha provides user access to over 1000 updated quality skill test in 50+ domains like job-based aptitude, IT, Sales, Finance etc.
f) People apex: It can automate the HR Operations and payroll department.
g) Alchemus Supports online interview and job postings.
h) Greenhouse: It is designed to sort out the hiring process and gives scalable data to make a smart hiring decision. 
i) PC-recruiter: Used for the central database, communication, and recruiting tool.
j) Blueshift recruitment management systemProvide facility for social recruiting like facebook, LinkedIn etc. Online interviewing, online resume sharing and candidate scoring.
 

Summery on Recruitment management System Software 

The online job management software is getting popular with the changing time. It is in demand and companies cannot do without it. It's been implemented in companies to make recruitment an easy process. Recruitment management software helps the company to hire efficient, capable and diverse employees. It is not only a cost-effective but also appealing software. It removes the irrelevant and time-consuming steps from the entire process of recruitment and fastens up the hiring process. 


Hiring online has lots of positive outcome as a whole. With higher motivation, there is job satisfaction. Among employees, it is congruent in a way which results in an organisation having an effective and efficient workforce.

 

LATEST JOBSView All


RELATED ARTICLES

24 Apr, 2024 Human Resource
HR Planning - How to Manage Your...

HR Planning - How to Manage Your Leave Policy Structure HR planning is a crucial part of every business and one of its core elements is handling the leave structure. As per Forbes Advisor...

13 Apr, 2024 Human Resource
Mastering Leadership: The Three ...

Mastering Leadership: The Three C's of Success In today's world, everything is changing, and leaders are the people who direct these changes in organizations. Good leaders are goo...

26 Mar, 2024 Human Resource
Human Resource Planning - Making...

Human Resource Planning - Making Your Employees Secure after the Great Resignation Human resource planning process after the Great Resignation is something of a minefield to walk through....

15 Mar, 2024 Human Resource
Human Resource Planning - 5 Step...

Human Resource Planning: 5 Steps to Better Hybrid or Remote Working Remote work and hybrid work have become a part of business like never before. Now, if you want to grow, you have to bri...

04 Mar, 2024 Diversity
DEI in Corporate HR - A Mental H...

How DEI HR strategies Impact Businesses - A Mental Health Perspective Business workforce diversity has become a major topic for all kinds of enterprises. On one hand, DEI activities and i...

29 Feb, 2024 Human Resource
HR Coordinator for Startups - Wh...

HR Coordinator for Startups: Why Entrepreneurs Should Invest in this Job Role in 2024? Startups are the ideal dream for every entrepreneur in the world. But a dream is only as good as the...

28 Feb, 2024 Human Resource
Strategic HR for Startups - How ...

Strategic HR for Startups: How to Discover, Recruit and Engage High-Value Talent in 2024 Startup businesses have it hard in the world today for many reasons. One of the biggest is recruit...

27 Feb, 2024 Jobs & Recruitment
Intern Hell - How to Avoid Doomi...

Intern Hell: How to Avoid Dooming Yourself on Your First Job Getting an internship is hard work, particularly when you want the right job that will help you grow and learn. In 2024, if yo...

23 Feb, 2024 Performance management
Worried About Your Employee Appr...

Worried About Your Employee Appraisal at Work? These Performance Management KPIs Will Help You Outperform Everyone! Employee performance appraisal is easily one of the most dreaded sessio...

20 Feb, 2024 Human Resource
HR Transformation - Why Your Sta...

HR Transformation: Why Your Startup’s Digital Transformation Plans Should Include It The startup world is gearing up for a big year in 2024. With more than 1215 billion dollar startups ...

16 Dec, 2023 Performance management
Online Competency and Results-ba...

Online Competency and Results-based Performance Management System Performance management software online systems are tools that help enhance the effectiveness of individuals and groups. S...

09 Dec, 2023 Career & Education
Starting a New Career

Starting a New Career! Find the Strategies for a New Beginning It can be exciting when you want to start a new career. It can also be overwhelming and daunting. It's easy to stay o...