As recruiting becomes a more well respected and integral part of the corporate structure, new technology is emerging to help source and hire talent in a variety of industries. Far from replacing recruitment jobs, these technical solutions are freeing up HR professionals to focus on tasks that can’t be done by computers, including interviewing and candidate research.
The most often overlooked cost of running a business is recruitment. This is especially true of new business owners, but even people who have run their companies for years don’t take the time to consider how much money they will have to spend to maintain the necessary staff to keep operations running smoothly.
However, the fact of the matter is that it can cost quite a bit in terms of both actual capital expenditure and employee hours, not to mention costs related to efficiency issues caused by understaffing until you get the right candidate.
Over and understaffing are highly prevalent across industries in companies of all sizes. Even businesses that have been in operation for decades can struggle to ensure that they are hiring enough people (most companies err in this direction) but not too many.
Fortunately, with the right data, you can get a much more accurate idea of how many people you actually need. While these are estimates, basing your estimation on solid analysis, you’ll find that they are much more accurate than they had ever been previously.
Programmatic marketing is making its rounds in the job recruiting industry. Simply put, if you’re not using programmatic job advertising, you’re either quickly falling behind your competition or wasting countless hours doing tasks that can be easily automated.
Anyone with experience in recruitment and hiring will tell you that it’s become more difficult and doesn’t look to get easier any time soon. Not only has the demand for labor gone up significantly in the last decade, but it’s become harder to identify qualified applicants and maintain their engagement throughout the interview process. That’s why programmatic job advertising has become such an important part of the recruitment process.