Employee Acquisition
EmployWise™ Employee Acquisition Module is a SaaS recruitment software that helps you manage the entire hiring process from requisition to job offers and helps you cut down hiring cycle-time, reducing the cost of hiring and building your employer brand equity.
EmployWise™ makes it possible for you to get the best people into your organization and keep them there.Naturally, it integrates with all other EmployWise™ modules creating a seamless employee life cycle management system.
Employee Acquisition or Recruitment is the first phase of the employee life-cycle. Hiring the right person is perhaps the most important responsibility of HR. A “bad hire” is not only a waste of hiring costs but also invariably leads to a quick departure affecting attrition rates and general employee morale.
Aligning the organisation role requirements with prospective hire capabilities is critical not only for a “best fit” but also to integrate the new hire with the companies training and development program from day one. The process of recruitment today is about building and leveraging on the “employer brand equity”. This requires treating each prospective hire as an individual and ensuring positive experiences that lead to viral employer brand building.
Recruitment costs are one of the biggest elements of HR cost making it imperative for HR to exploit low cost hiring channels like company website, employee referral programs and campus hiring in addition to conventional hiring vendors or search firms. Strategic employee acquisition also involves manpower planning, continuing to engage a suitable applicant in a dialog even when there is no vacancy, dealing with the millions of applicants, having a ready and updated database of candidates for positions, and so on. The sheer exercise of recruitment can be a logistical nightmare, leaving little room for strategy or planning. The answer to this is automation.
Benefits to the Organization
- Save on expensive consultant hiring by online resume database with speedy searches and short hiring time for re-hires
- Save on administrative cost of hiring
Benefits to HR
- Plan and execute recruitment processes in a streamlined instead of an erratic manner.
- Create and have at hand a massive databank of suitable candidates that can be searched, filtered, updated, modified.
- Drastically reduce the time for filtering resumes.
- Get online recruitment requisitions and applications.
- Capture interview assessment for analysis.
- Set up automated applicant communication frequencies as well as data purge rules.
- Make the coordination with external recruitment agencies simpler and more organized.
Benefits to Employees and Managers
- Request for new hires online
- Get timely online information on vacancies.
- Get e-mail intimations of being short-listed or rejected.
- Keep resume updated online.
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