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Traditional Recruiting
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Peter Weddle, a
well-known staffing industry expert, estimates there are more than 40,000 job
boards and career portals on the Internet. This explosion in job boards
combined with the
emergence of other innovative talent sourcing alternatives, like employee
referral programs,
specialized search engines and talent databases (e.g. Zoom Info) means that
staffing firms now
have access to a wider range of applicants than ever before. Integrated
staffing solutions like
the Total Applicant Processing System (Total-APS) are now available to
help recruiters manage the
high numbers of applicants they can attract to a posted position. An
integrated staffing solution
allows the recruiter to post and manage multiple job postings from a single
dashboard, rank
applicants quickly by using validated screening and selection assessments, and
keep all information
collected in an organized, easily accessed database.
The Internet is
the most powerful tool ever invented for increasing the Utility (Return on
Investment)
of a Valid Selection Process. To appreciate the true power of the Internet, we
must first understand
a few basic selection concepts.
Utility
Utility is the total Return on Investment (ROI) for a selection process. Utility = Total Gain – Total Cost.
Validity
Validity is
increased when higher scores on the selection method (i.e. assessment)
correspond with
higher levels of job success or performance. There are no perfect predictors.
The highest validities
you will see for predicting relevant job performance outcomes are in the .40 to
.50 range. There are
upper limits or boundaries to gains in utility resulting from gains in validity.
Selection Ratio
The Selection
Ratio is the number of qualified applicants for an open position. The Utility
of a selection
method increases as a direct function of the size of the Selection Ratio. There
are no upper limits or
boundaries to gains in utility resulting from increasing the Selection Ratio.
Traditional Recruiting Methods Miss the Benefits of the Internet
Many recruiters use the following traditional methods in their staffing project management.
Pen and paper notes
Excel Spreadsheets
Outlook
Contact database software (such as Act or Goldmine)
These traditional
methods are used, not because best practices in recruitment and selection demand
it or because they provide the most efficient or effective project management
tools. The recruiters
who use these traditional tools have not yet experienced the advantages and
benefits of an integrated
staffing solution. Although many staffing professionals feel overwhelmed by the
flood of applicants
from various sources, the increased Selection Ratio should have increased the
Utility (ROI) of their
recruitment and selection process.
The recent
increase in talent sourcing alternatives will not yield the full benefits of
selecting the best
talent (Utility) without the use of an integrated staffing solution that
includes a valid selection assessment
(Validity). Despite the availability of integrated staffing solutions, many
staffing firms use traditional
recruitment methods due to a lack of understanding of the major benefits
available.
About Total APS
The Total
Applicant Processing System (Total APS) helps businesses manage the entire
recruiting, selection and
hiring process. Employers are equipped with best of class tools to create
objective, legal and successful hiring
campaigns. Total-APS enables employers to design customized pre-qualifying
questions, validated screening and
selection assessments and behavioral interview questions. Now employers can
hire better, faster and for less cost!
The Total-APS provides a single page dashboard of all candidates for each
position which allows you to rank the
candidates on any one of 7 key criteria:
1.
Application/Filter Score (Pre-Qualifying Questionnaire)
2. Honesty/Integrity Assessment Score (Counter Productive Behavior Index -
CBI)
3. Brief Personality and Abilities Assessment (FirstView Assessment - FV)
4. Total Job Fit Assessment (TotalView Assessment - TV)
5. Resume Score
6. Phone Interview Score
7. Personal Interview Score
The Best Assessments Mean The Best Hires! Call us at 480.503.2945.
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