Could online recruitment software and technology save you money?

How does online recruitment affect your bottom line?

For many small business owners there is always a need to hire the right people and a need to make sure that recruitment costs are within budget. With the growth of your business comes the inevitable cost of hiring and some small business are finding that some of the biggest costs are the amount of time that has to be set aside for the process of hiring.

There is a wealth of talent out there waiting to make an impact in business today, but there is also an expensive and time consuming filtering process that needs to be streamlined to make recruitment simpler, faster and more effective. If your business is fast paced, and need special skills and talent, you can’t always tell that from a CV, or in a phone call.

If you add the costs of paying for someone to come for an interview from a distance and the fact that you have to sift through hundreds of CV’s to make a short list, the cost to benefit ratio may be hurting your growing business.

Recruitment software for small business makes sure that the process is pared down to the essential, and offers a better way of getting to know your candidate and what they can offer your business. Using recruitment software and applicant tracking ensures that you are not spending a lot of time, and money on the initial aspects of hiring. This type of technology allows you to soft through a much larger talent pool so that you can retain the best people for interviews.

Some small businesses are even starting to use video and online oral questionnaires in their search for the most high tech and cost effective HR solutions for small business. Getting a sense of what the candidate is all about before investing time and money in the interview process, will have an immediate impact on your bottom line as well as ensuring that you are hiring the best people to drive your business forward.