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Traditional Recruiting Methods Miss
the Benefits of the Internet
    
   

HireSmart News
HireSmart Reports

 

Social media recruiting helps an employer attract more candidates to their open positions. The future of online recruiting is
not just in sites like LinkedIn and Facebook, but in more specialized social networking sites and websites for a specific industry
or profession.  A recent survey by the Institute for Corporate Productivity shows that about sixty-five percent of business professionals
are connecting with each other and with employers on the social networking sites.  There are millions of people on social media sites
an more companies are using social media to target candidates. As a recruiter you want to be where the most qualified, talented,
and largest pool of applicants are. Human resources can leverage social media to tap in to potential recruits. This type of head
hunting is called social recruiting. It's about using social media tools
to source and recruit talent.

There are over 65 million professionals on LinkedIn. It is an interconnected network of experienced professionals from around the world,
representing 170 industries and 200 countries. You can find and network with qualified professionals in any industry. That is the
corporate way of saying LinkedIn is giant sourcing vortex and you can connect with qualified professionals. Facebook is the largest
of the social networking sites with over 500 million users. Facebook is a social utility that connects people with friends and business
associates who work and live around them. It is intended to connect friends, family, and business associates. The model has expanded
to include connections to organizations, businesses, and interests -- not just individual people.  Twitter is a social networking service.
Messages, better known as tweets, are no more than 140 characters. According to their website, Twitter is a simple tool that helps
connect businesses more meaningfully with the right audience at the right time.

Peter Weddle, a well-known staffing industry expert, estimates there are more than 50,000 job boards and career portals on the
Internet. This explosion in job boards combined with the emergence of other innovative talent sourcing alternatives, like Facebook,
LinkedIn 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

 

              Dr. Neil Clark is the Executive Director of HireSmart, a human capital management firm in Mesa, Arizona.  

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