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Traditional Recruiting Methods Miss |
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The Internet is
the most powerful tool ever invented for increasing the Utility (Return on
Investment)
of a Valid Selection Process. To
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
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
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
The recent
increase in talent sourcing alternatives will not yield the full benefits of
selecting the best
talent (Utility) without the use
About Total APS
The Total
Applicant Processing System (Total APS) helps businesses manage the entire
recruiting, selection and
hiring process.
1.
Application/Filter Score (Pre-Qualifying Questionnaire)
Dr. Neil Clark is the Executive Director of HireSmart,
a human capital management firm in Mesa, Arizona.
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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.
appreciate the true power of the Internet, we
must first understand
a few basic selection concepts.
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.
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.
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.
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.
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:
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
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