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However, a powerful solution can transform your operations: recruitmentsoftware. An ISG survey revealed that 64% of recruiters utilizing recruitmentsoftware experienced increased retention, reduced time-to-fill, improved productivity, and cost savings. What is recruitmentsoftware?
The recruitment world is undergoing a major shift in 2024. Increased use of generative AI, shift from a candidate-driven market to an employer-driven market, hiring freeze, layoffs—all this creates a new direction for the recruitment industry. To be a good recruiter, you must keep up with the latest recruitment statistics.
Emotionalintelligence (EI) tests Beyond their behavior and personality, a candidates emotionalintelligence determines how well they react to issues and relate with people. Eliminates hiring bias Traditional recruitment methods are unreliable when used alone as they often introduce bias into your decision process.
Faster, cost-efficient hiring process A 2022 SHRM study reported the average cost-per-hire to be about $4,700, while a 2024 Indeed article showed that onboarding a new employee costs about $400. Based on these figures, recruiting is quite expensive, so you want to avoid lengthy hiring cycles to save time and resources.
According to Statista, companies that plan to invest in AI candidate sourcing worldwide surpassed 33% in 2024. AI Candidate Sourcing tool #3: Manatal Manatal is a cloud-based recruitmentsoftware designed to simplify and enhance the hiring process. Another benefit is the focus on emotionalintelligence.
11 Recruitment Strategies to Attract Top Talent in 2024 Start by auditing your current efforts. In 2024, some of the most important soft skills to test for include adaptability, critical thinking, leadership, communication, emotionalintelligence , and teamwork.
Reasoning skills enhance logical communication and emotionalintelligence , which allow employees to respectfully express their concerns and understand other team members’ perspectives. This is one of the most effective methods of assessing reasoning skills, but you must use quality recruitmentsoftware for accuracy and reliability.
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