The recruitment landscape today has gotten more competitive than ever. Did you know that it takes over 42 days to fill an average role in the US? Aside from that the average cost per hire sits at $4,700. It goes without saying that the traditional recruitment process has proven to be time-consuming and costly, leading many organizations to seek innovative solutions. This is where recruitment platforms have emerged as a game-changer.
In this article, we will explore how you can leverage recruiting platforms to boost your hiring strategy and meet successful results. Let’s get started.
What Are Recruiting Platforms?
Recruiting platforms are solutions that streamline and automate the hiring process for businesses and organizations. These platforms are designed to help recruiters and hiring managers attract, screen, and select qualified candidates for job openings. Recruiting platforms typically offer a wide range of features and tools that make the hiring process more efficient.
One of the key features of recruitment platforms is the ability to create and post job listings on multiple job boards and social media channels with just a few clicks. This enables you to reach a larger pool of candidates and increase the visibility of their job openings. Aside from that, recruitment platforms also come with the Applicant Tracking System (ATS), which helps you streamline and manage the entire hiring process from end to end. You can also use recruitment platforms to create and send personalized emails to candidates, conduct pre-employment assessments, and manage candidate pipelines, ensuring candidates are engaged throughout the process.
Best Recruiting Platforms
1. Manatal
Manatal is a capable recruiting platform designed to accommodate users throughout the hiring pipeline by streamlining and automating processes like resume parsing or candidate assessment. What makes Manatal stand out is the fact that it can be integrated with other recruiting platforms, allowing you to save time and effort by managing all your hiring activities in one place. It also offers a user-friendly interface, customizable workflows, and advanced reporting tools.
Pricing:
- Professional Plan: $15/per user per month
- Enterprise Plan: $35/per user per month
- Enterprise Plus: $55/per user per month
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2. LinkedIn Recruiter
LinkedIn Recruiter is a popular choice for recruiters looking to tap into the vast network of professionals on LinkedIn. It comes with advanced search filters, personalized recommendations, and InMail messaging. LinkedIn is unique for its advanced search filters and intelligent matching. This recruiting platform also provides reports and insights, allowing you to accurately track your performance.
Pricing:
- LinkedIn Recruiter Lite: $170/month per single license
- LinkedIn Recruiter Professional Services: $500-$850/month per single license
- LinkedIn Recruiter Corporate: $1,080/month per single license
You can check out this blog for more answers to, ‘How much is LinkedIn Recruiter?’
3. VidCruiter
Unlike other recruiting platforms on this list, VidCruiter is a video interview tool, designed to enable users to engage, interview, and assess candidates more conveniently and efficiently. VidCruiter comes with features like pre-recorded video interviews, live video interviews, interview scheduling, structured interviews, automated references, virtual hiring events, skills testing, and video proctoring.
Pricing:
- VidCruiter’s pricing is not available publicly. You can visit its website to learn more.
Case Studies: Companies That Leverage Recruiting Platforms
Unilever
The British multinational consumer goods empire uses various recruiting platforms to screen the right candidates. Unilever puts its candidates through a video-recorded interview, using an AI-driven platform that generates interview questions based on an analysis of successful past interns. The tool helps Unilever assess candidates on a detailed level from word choice to the tone of voice, to facial movements. The company successfully narrowed down its top choices and increased its acceptance rate by 88%.
L’Oréal
The French cosmetic and personal care product brand approaches hiring with the aid of an AI-driven chatbot. L’Oréal engages candidates by giving them a specific set of questions based on the analysis of its successful employees. Then, the company uses an AI tool to evaluate responses like sentence structure and vocabulary and score each candidate. Through this particular strategy, L’Oréal was able to boost positive candidate experiences and received 92% satisfaction from rejected candidates. [2]
Amazon
The world-famous logistics service provider uses technology and innovative recruiting platforms to drive its hiring process. Amazon leverages a Machine Learning (ML) tool to find suitable roles for its applicants right from the first step. On Amazon’s career site, job seekers can search for open positions by titles, keywords, and location. And as they browse the search results, Amazon’s ML algorithm provides recommendations for relevant roles in real-time, based on their search behavior. [3]
Conclusion
Recruiting platforms have revolutionized the way companies attract, engage, and hire top talent in today's competitive job market. The benefits of utilizing recruiting platforms are clear, as evidenced by the success stories of major companies that have implemented these tools to great effect. Now, before you embark on the journey of implementing a recruiting platform, consider factors such as your specific hiring needs, budget constraints, desired features, and integration capabilities with existing systems. This will surely help you in the long run.
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Citations:
1. LinkedIn
3. Amazon