How to Use ATS Software to Reduce Your Hiring Cost

1. How to Use ATS Software to Reduce Your Hiring Costs Introduction Applicant tracking software (ATS) is a type of software that helps businesses manage the hiring process. ATS software can automate many of the tasks involved in hiring, such as screening resumes, scheduling interviews, and tracking candidates. This can save businesses a significant amount of time and money. According to a recent study by the Society for Human Resource Management, the average cost of hiring a new employee is $4,129. This includes the cost of advertising the position, screening resumes, interviewing candidates, and making a job offer. ATS software can help to reduce these costs by automating many of these tasks. The Many Benefits of ATS Software For example, ATS software can screen resumes for keywords that are relevant to the position. This can help to eliminate unqualified candidates from the hiring process, saving businesses time and money. ATS software can also schedule interviews and track candidates, which can help to streamline the hiring process.

2. In addition to reducing costs, ATS software can also help businesses to improve their hiring decisions. ATS software can identify candidates who are a good fit for the position, based on their skills, experience, and qualifications. This can help businesses to hire the best candidates for the job, which can lead to improved employee retention and productivity. If you are looking for ways to reduce your hiring costs, ATS software is a great option. ATS software can automate many of the tasks involved in hiring, which can save you time and money. ATS software can also help you to improve your hiring decisions, by identifying candidates who are a good fit for the position. Tips to Correctly Use ATS Software to Reduce Hiring Costs Here are some tips for using ATS software to reduce your hiring costs: 1. Choose the right ATS software. There are many different ATS software programs available, so it is important to choose one that is right for your business. Consider the size of your business, the number of positions you typically hire for, and your budget when choosing an ATS software program. 2. Set up your ATS software correctly. Once you have chosen an ATS software program, you need to set it up correctly. This includes creating a job description, defining the qualifications for the position, and setting up the screening criteria. 3. Use the ATS software to screen resumes. ATS software can screen resumes for keywords that are relevant to the position. This can help to eliminate unqualified candidates from the hiring process, saving you time and money. 4. Schedule interviews. ATS software can schedule interviews with candidates who meet the screening criteria. This can help you to streamline the hiring process and save you time. 5. Track candidates. ATS software can track candidates throughout the hiring process. This includes tracking the candidates who have applied for the position, the candidates who have been interviewed, and the candidates who have been offered the job. 6. Use the ATS software to create a candidate pipeline. An ATS software can help you to create a candidate pipeline by storing the resumes of candidates who have applied for your positions. This can help you to quickly identify candidates who are a good fit for future openings.

3. 7. Use the ATS software to track candidate progress. An ATS software can track the progress of candidates throughout the hiring process. This can help you to identify candidates who are interested in the position and who are moving through the process quickly. 8. Use the ATS software to generate reports. An ATS software can generate reports on the hiring process. This can help you to identify areas where you can improve your hiring process, such as the number of candidates who are applying for your positions or the number of candidates who are being interviewed. 9. Use the ATS software to integrate with other systems. An ATS software can integrate with other systems, such as your applicant tracking system (ATS) and your human resources information system (HRIS). This can help you to streamline the hiring process and save you time. 10. Use the ATS software to automate tasks. An ATS software can automate many of the tasks involved in hiring, such as screening resumes, scheduling interviews, and tracking candidates. This can save you time and money. By following these tips, you can use ATS software to reduce your hiring costs and improve your hiring decisions. Source URL :- https://www.shrmpro.com/how-to-use-ats-software-to- reduce-your-hiring-costs/