How to cut the costs of making poor hiring decisions
Need help separating the wheat from the chaff?
Screening and sifting software can save time and money and dramatically improve the likelihood of a business employing the right candidates.
As candidates are constantly reminded, landing a great job is a numbers game. They are told that their success is directly related to the number of applications and CVs they send out. And for this reason, HR departments often find themselves inundated with CVs for a significant percentage of the positions that they advertise. so how do you cut the cost of making poor hiring decisions?
How to Handle Too Many CVs
While receiving too many CVs may be better than receiving not enough, the problem faced by many HR departments is how to sort and filter the wheat from the chaff. So many CVs are simply not applicable to the job posted. From not having the right qualifications to not being eligible to work in the UK, there are a host of reasons as to why a CV should be disregarded.
However, reading and scoring each individual CV is a time-consuming chore which leads to task fatigue and mistakes. The last CV in a pile of a hundred rarely receives the same attention as the first. Basic human error is one reason why companies turn to assessments to compare candidates but this is costly and equally time-consuming.
Reduce Time Spent on Recruitment With Online Recruitment Software
This is where online recruitment software with a sift / sort filter from specialists can make all the difference. Employers simply define the selection criteria important to their organisation and the role – and the software does the rest. Recruitment or application tracking systems sift out unsuitable applicants and sorts the remaining candidates in order of desirability. This allows HR teams to focus upon the most promising candidates to invite to interview. This greatly reduces hiring time scales and allows HR to stop wasting resource and concentrate on other important tasks.
Cut the Cost of Making Poor Hiring Decisions
Using filtering and selection software is a highly cost-effective way of improving the recruitment process. By creating a recruitment funnel, businesses can improve recruitment effectiveness and outcomes. What’s more, it’s an excellent way in which to look beyond the CV to see the full picture.
Sifting through CVs and arranging interviews for unsuitable candidates is an all-too-common scenario. However, the longer term effects of this can be even worse. When staff become bogged down in the task of hiring and interviewing, their attention falters. We’ve all heard tales of candidates who receive job offers only for HR to notice during the induction period that they don’t possess the relevant qualifications.
Hiring and training the wrong individuals costs a company twice, both in money spent and money not earned. Employees with the wrong qualities are unlikely to be able to work efficiently with a team and are far more likely to become disengaged and even absent from work.
Online Recruitment Software as an HR application is growing in popularity across the globe. As time and money become ever scarcer, for many companies the modest investment in this technology is now being seen as a necessity rather than a luxury.
Call 0345 053 5417 to talk to a specialist about pre-employment tests or if you are interested in finding out how much your staff turnover is costing you can take our free Employee Turnover Cost Calculator
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For more information on the process of recruitment go to, “How to effectively recruit an employee”