Greater Reading Chamber Commerce Quarterly Fall 2017 - 36

hr issues & solutions

Discover the Benefits
of an Online Applicant
Management System
Rob Rosenberry, Human Resources Director, Berks County Intermediate Unit;
Antonia Cramp, Human Resources Assistant Director, Berks County Intermediate Unit

Time is Money
- Benjamin Franklin

What does time have to do with an online
applicant management system?
Everything.
Filling positions in a candidate-driven market is more costly
and takes longer (Source: Top HR Statistics via www.glassdoor.
com). The average cost-per-hire is $4,129 and the average
time it takes to fill a position is 42 days (Source: 2016 Human
Capital Benchmarking Report, Society for Human Resources
Management).
While in an ideal world, only those applicants who meet
the minimum qualifications of a posted position will apply,
recruitment statistics tell quite a different story. At any given time,
74% of the workforce is open to making a job move (Source:
Jobvite). On average, employers may expect to receive 250 resumes
for a corporate job opening. Of the 250 resumes received, four to
six will be called for an interview. And, one of those interviewed
will be offered the job (Source: ERE Survey, 2013).
Fantastic. Your work is done. Not so fast. After all your
hard work and the time you committed toward finding the
perfect applicant, that one person may decline your kind offer.
However disappointing, the applicant's declination should not be
unexpected; 47% of candidates who are offered a position decline
due to accepting another job (Source: Recruiter Sentiment Study
2015 2nd Half, MRI Network, December 2015). While the
reasons for declining an offer may vary, it would not be surprising
to hear the candidate tell you that your process took too long.

Time and tide wait for no man
- Geoffrey Chaucer

What is an employer to do?
Take full advantage of an online applicant
management system.
An online applicant management system manages the
recruitment and hiring process online and helps employers stay
organized. It streamlines the requisition to recommendation
36  COMMERCE QUARTERLY   FALL 2017

process. It allows employers to recruit more applicants with
ease so they can identify and quickly hire the best candidates.
It allows hiring managers to spend less time combing through
paper applications, often more than once, as they identify which
candidates should be given further consideration. Therefore,
more time can be spent focusing on the organization's brand,
engagement, and retention initiatives, which are key components
of an organization's comprehensive talent acquisition strategy.
Within an online applicant management system,
understanding the applicant dashboard and learning how to use
an applicant list will enable hiring managers to open application
files, sort the list, and work with applications easily and efficiently.
Hiring managers can search by name, job posting, job category,
pipeline stage, folder name, and interview series.
Additionally, hiring managers can create their own applicant
grid containing those fields that will inform their decision about
considering the applicant further. For example, the hiring manager
may only be interested in applicants who hold a Bachelor's Degree
or Master's Degree along with recent relevant experience. By
selecting these data points, the customized grid will allow the
hiring manager, at a glance, to identify which applicants hold
a Bachelor's Degree or Master's Degree, and determine which
applicants have recent relevant experience. Thus, within moments,
the hiring manager can identify which applicants to move forward
in the process and those who will be notified that they are not
being recommended for an interview. A bonus is the ability to
download the applicant data to Excel by simply clicking a button.
This allows one to view and sort the data as needed, working
within the applicant list offline or printing it.
Alternatively, there are many other different filters the hiring
manager can use to sort through applications easily and efficiently.
For example, one can filter based on pipeline stages; submission
dates; the applicant's highest degree; years of experience; referral
source; and one's own prior actions taken with the applicant.
These prior actions may include viewing the applicant's materials
or not; any emails that were sent to the applicant; and any files
which have been forwarded to another hiring manager.
In the example cited earlier, the hiring manager was seeking
candidates for a posted position who hold a Bachelor's Degree or
Master's Degree with five or more years of experience. Fifty-one
applications were received in response to the posting. When the


http://www.glassdoor

Table of Contents for the Digital Edition of Greater Reading Chamber Commerce Quarterly Fall 2017

Greater Reading Chamber Commerce Quarterly Fall 2017 - 1
Greater Reading Chamber Commerce Quarterly Fall 2017 - 2
Greater Reading Chamber Commerce Quarterly Fall 2017 - 3
Greater Reading Chamber Commerce Quarterly Fall 2017 - 4
Greater Reading Chamber Commerce Quarterly Fall 2017 - 5
Greater Reading Chamber Commerce Quarterly Fall 2017 - 6
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Greater Reading Chamber Commerce Quarterly Fall 2017 - 21
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Greater Reading Chamber Commerce Quarterly Fall 2017 - 29
Greater Reading Chamber Commerce Quarterly Fall 2017 - 30
Greater Reading Chamber Commerce Quarterly Fall 2017 - 31
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Greater Reading Chamber Commerce Quarterly Fall 2017 - 33
Greater Reading Chamber Commerce Quarterly Fall 2017 - 34
Greater Reading Chamber Commerce Quarterly Fall 2017 - 35
Greater Reading Chamber Commerce Quarterly Fall 2017 - 36
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Greater Reading Chamber Commerce Quarterly Fall 2017 - 56
Greater Reading Chamber Commerce Quarterly Fall 2017 - 57
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Greater Reading Chamber Commerce Quarterly Fall 2017 - 60
Greater Reading Chamber Commerce Quarterly Fall 2017 - 61
Greater Reading Chamber Commerce Quarterly Fall 2017 - 62
Greater Reading Chamber Commerce Quarterly Fall 2017 - 63
Greater Reading Chamber Commerce Quarterly Fall 2017 - 64
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https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Summer2021
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Spring2021
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Winter2021
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Fall2020
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Summer2020
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Spring2020
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Winter2020
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Fall2019
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Summer2019
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Spring2019
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Winter2019
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Fall2018
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Summer2018
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Spring2018
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GRCA_CommerceQuarterly_Winter2018
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GreaterReadingChamber_CommerceQuarterly_Fall2017
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GreaterReadingChamber_CommerceQuarterly_Summer2017
https://www.nxtbook.com/hoffmann/GreaterReadingChamber_CommerceQuarterly/GreaterReadingChamber_CommerceQuarterly_Spring2017
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