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Impact Recruiting: Maximizing ROI with Unified Strategies & Effective Resource Allocation

March 14, 2024 · Webinars ·

About this video

A panel conversation among talent acquisition leaders covers how recruiting functions can prove their value while adopting new technology, without losing sight of the candidate experience that keeps talent coming back.

The discussion opens with how the balance of power between employers and candidates has shifted repeatedly over the past several years, from the great resignation to a tighter labor market where candidates are more cautious about switching jobs. That shift, the panel argues, is exactly why candidate experience has become more important rather than less: when applicant volume is high, it becomes easier for companies to let candidates sit in queue too long, and long memories about poor treatment eventually catch up with employers once the market turns again.

On artificial intelligence, the conversation is optimistic but grounded. AI and automation are framed as tools for taking over lower-value, repetitive tasks such as basic candidate communication, freeing recruiters to focus on relationship-building, judgment calls and consultative work with hiring managers that automation cannot replicate. The point is repeated that most AI capability in talent acquisition tools is still in its early stages, with far more potential ahead than what has already shipped.

A recurring framework structures much of the practical advice: people first, then process, then technology. Specific points include:

  • Hiring and developing strong recruiters and engaged hiring managers before investing in new platforms
  • Setting clear service-level agreements for dispositioning candidates, since leaving applicants in limbo damages trust and brand reputation
  • Treating technology such as applicant tracking systems and chatbots as a way to maintain consistent communication, not a replacement for human judgment
  • Using data and storytelling to demonstrate the value talent acquisition delivers to executives who may not see it directly

One organization describes a set of internal key results built around three measures of performance, precision and partnership, including a nine-day standard for presenting qualified candidates and reaching a decision on open requisitions. The goal behind the standard is framed less as a compliance metric and more as a forcing function for urgency, both for business results and for how candidates experience the hiring process.