Javascript Menu by Deluxe-Menu.com
Call us on: +44 (0)1372 860 740

iRecruitment –
What difference does it make?

By Marcus Beaver, Sales Director

As recruitment activity picks up towards the middle of 2010, due to the recession weakening, resourcing will increase to support growth whilst at the same time employee attrition increases. Given that it takes most organisations at least 6 months to select and implement a new candidate management system and a job board on the corporate careers site, now is the time to start that process to ensure we are ready and able to recruit the top talent when the time comes.

Workforce planning and resourcing are essential parts of the HR strategy aligned to achieving corporate goals. It starts with attracting and recruiting the right people for the right jobs in competitive and turbulent times – so speed and efficiency can make all the difference, which is where recruitment technology enables organisations to reduce their reliance on recruitment agencies

What challenges do we face?
As the green light is given to start recruiting we will once again face the three main challenges of bringing new talent into our organisations:

Where does iRecruitment fit in?
Whether we are recruiting the much talked about Generation Y or experienced professionals there is one fact that is a given, the talent we are looking to attract spends more time surfing the internet job boards and social networking sites, than they do reading the job pages. They keep an eye on the companies they want to work for, they search for vacancies to match their skills and ambitions and they’re looking to connect with any potential future employer.

Oracle’s iRecruitment module enables organisations to reach out and attract such talent, to manage the employee and applicant talent pool, enables employers to expand their vacancies beyond the on-page advertising and recruitment agencies, and find the talent they need wherever they are connecting to the internet, such as Total Jobs or LinkedIn.

It provides an effective and consistent way for you to approve and post your job vacancies, then to filter and manage the way candidates apply for positions. You’re able to collect key information about the applicant on role based, templated forms, using question banks for screening and ranking. iRecruitment uses workflow and email notifications to automate the selection and hiring process, from approval to recruit through to hiring and on-boarding, all underpinned by management information on the cost, quality and time to hire.

And what is more, it enables you to start building your database of available talent, both internally and externally. You capture the details, profile and CV information on everyone who shows an interest in your organisation and vacancies, continually building your talent pool from which you can fill future positions.

So what impact will iRecruitment have on my business?
From the moment you implement an iRecruitment solution you are starting to create this talent pool and gaining a head start to any future hiring.

Broad Catchment – Low Cost: iRecruitment enables you to cast your net wide when attracting talent. However, by using your own website and job boards to broadcast your vacancies, it ensures you do this at a minimal cost, making significant savings on recruitment agencies and media advertising fees.

Fast Track Processes: by automating the recruitment process and managing the workflow you significantly reduce the time from application to hire. You are no longer faced with the pile of CVs to sift through. Each application is automatically filtered against key criteria and you are presented with only those candidates that match the job specifications. CVs and application forms are electronically distributed and the process managed and tracked every step of the way, saving time and significantly reducing the administrative overhead.

Compliant & Best Practice Processes: through the automation of your recruitment process, you ensure that best practice is followed. Your recruitment process is compliant to both legislative and internal policies and your most effective practice of hiring talent is applied to every vacancy. This supports your employer brand, improves the candidate experience, reduces the risk of line management making offers out of policy and enables HR to efficiently on-board talent.

How does iRecruitment fit with Oracle HCM?
Oracle iRecruitment is a fully integrated module of Oracle HCM. It enables an organisation currently using Oracle HCM to quickly and effectively put in place an internet recruitment capability that will enable seamless processes from recruitment through to employment.

Oracle iRecruitment makes full use of the self-service and reporting capability within Oracle HCM, to enable you to automate processes and workflow throughout the organisation, providing a seamless interface for candidates, employees, line managers and HR. It enables every step of the hiring process and provides many benefits that just aren’t achievable with a non-integrated system. This is why many customers are replacing their stand alone systems, Excel and paper based processes with iRecruitment.

How do I get started?
If you are interested in finding out more about iRecruitment and how it could work in your organisation, we would be pleased to discuss your resourcing strategy with you. To arrange a convenient time, call John Brownhill on +44 (0)1372 860 740 or email him at john.brownhill@symatrix.com