Candidates Take Command

Candidates Take Command

In 2016 — when 73% of companies indicate that talent acquisition is absolutely critical to executing their businesses’ strategies — it is imperative to have robust, effective, and easy-to-use technologies and tactics in place. It’s not just about supporting HR and hiring managers, though. Successful talent acquisition today puts candidates front and center. Our recent report explores these talent acquisition trends in 2016, and how to respond to those trends in order to effectively source, recruit, hire, and onboard candidates. Talent acquisition has matured over the past few years. The process has been traditional, predictable, and administrative by nature, and entirely owned by HR. As recently as 2014, per Aberdeen Group’s Talent Acquisition 2014: Reverse the Regressive Curse (June 2014), 60% of companies recruited reactively; i.e., they only sought new talent when there were open job requisitions, instead of actively recruiting and building a candidate pipeline. Presently, more companies plan ahead and don’t wait for candidates to come to them. Case in point, per Aberdeen’s research Best Practice: Use Modern Recruiting to Stay Cutting Edge (January 2016), Best-in-Class companies are 55% more likely than All Others (68% vs. 44%) to proactively build and expand the candidate pipeline, regardless of current hiring needs. This tactic, though, represents only one of many ways talent acquisition is transforming into a strategic, candidate-oriented function that extends beyond HR. Nowadays, smart departments work cohesively with a variety of internal and external parties to grow their organizations, from the traditional roles of recruiters and hiring managers, to individual contributors, marketing, IT, executives, and customers, as well as active and passive candidates. Notably, Best-in-Class companies are 45%...
Is Recruitment Process Outsourcing Right for You?

Is Recruitment Process Outsourcing Right for You?

While there are many excellent resources available today to enhance recruitment, the time, effort, and training that are required to implement and maintain such tools can be taxing. What if all of those processes were still in place, but they were handled by experts? That’s where recruitment process outsourcing (RPO) truly adds value for any company. Recruitment process outsourcing (RPO) providers have the best practices, strategies, and knowledge already in place to make recruiting more efficient and effective than ever before. They’re set up to enable greater success for your recruiting efforts, your HR department, and your business as a whole. RPO providers pride themselves on their ability to utilize the hot technologies that are available today. We’re not talking about just applicant tracking systems (ATSs) and job boards either — although it’s certainly worth noting that ATSs and job boards still have their place. In fact, 67% of companies still use ATSs, and 71% of companies still use job boards to aid with talent acquisition. It’s way more than that, though; in fact, some of these tools can be equally valuable and confounding. Whether it’s talent communities, employer branding strategies, recruitment marketing, career portals, candidate relationship management (CRM) tools, video, mobile, or social, these technologies can be a hindrance to users when implemented incorrectly. That’s why HR departments and businesses looking to stay on the cutting edge of talent acquisition can benefit greatly from partnering with an RPO provider. As mentioned, such companies no longer feel like they need to handle the burden of finding, learning, and adapting to new technologies. Instead, they can prioritize relationship building with...
Mobility in Manufacturing: Are You Enabling Your Workforce?

Mobility in Manufacturing: Are You Enabling Your Workforce?

Does it ever feel like the information manufacturers need most to make critical decisions ends up behind a wall of disconnected platforms? To the employees who could use it the most, this represents a lack of enablement that may cause a decline in productivity and a lack of proper visibility needed to tackle any issues that arise on the job. Mobility has become the main driver behind consolidating these disparate systems and standardizing business processes so that employees from any functional group to conduct their own audits and inspections, as well as identify any issues that may arise. Mobility can be a powerful tool to encouraging workers to make this process part of their daily routine, instead of a task they have to do. It also saves operator time, bolsters labor productivity, provides a system of record with one-to-one accuracy verification, and limits incidents by granting employees access to data in real time. Usage of mobile tools has grown steadily over the past few years in companies with advanced operational processes. In fact, Best-in-Class companies are 56% more likely than their peers to utilize mobile devices in their day-to-day operations to speed up the execution of organizational requirements. The adoption rate may signify that these process improvements are easier said than done. Top Challenges with Operational Data As you can see in the figure above, companies with mobility saw a 15% decrease in “time-to-decision” over the past year, while those without mobility saw a 5% increase. This bears highlighting (and repeating!) that being able to make decisions in a faster time frame boils down to improved operational process management. That’s...
Top Technologies to Optimize Employee Engagement

Top Technologies to Optimize Employee Engagement

It’s no secret that employee engagement needs to be top of mind nowadays. But getting to a point where the workforce is truly engaged and committed to their work is an entirely different story. The focus of engagement efforts should be on employees and their attitude toward their work, not their performance. Smart organizations distinguish the difference between performance management and employee engagement from the onset of employees’ tenures. You can’t coerce employees to be engaged; instead, it’s a state of being, one punctuated by commitment, satisfaction, and happiness. The importance of employee engagement can’t be stressed enough. With 68.5% of employees indicating that they are not engaged or they are actively disengaged with their work, businesses need to take decisive actions to ensure that their workforce is committed to their roles and responsibilities. While there’s a variety of ways to do that, it’s imperative to provide employees with accessible, valuable technologies to help them during their tenure with the organization. Such technologies include: strategic onboarding, learning resources, and recognition. This is where dedicated engagement strategies and technologies can really pay off dividends. Best-in-Class companies understand the value of an engaging work environment, which is why they’ve made smart investments accordingly. Notably, such companies are 30% more likely than All Others to implement new employee engagement technologies in the coming year. Doing so has a great return on investment, too. More specifically, companies with an engagement strategy in place are 11% more likely than those without a strategy to have a higher percentage of employees who rate themselves as highly engaged with their work on a day-to-day basis. To...
3 Ways An Integrated Mobile Strategy Can Boost Your AP Communication

3 Ways An Integrated Mobile Strategy Can Boost Your AP Communication

Despite seemingly obvious operational benefits, including ease of use and overarching value, mobile technology is surprisingly under-utilized in accounts payable workflow operations and management. The capabilities exhibited by AP solutions touting mobile functionality are indisputable. Here are three ways that top-performing financial teams are benefiting from mobile solutions. Leaders are 150% more likely to have mobile solutions than Followers.  Aberdeen’s research finds that leading organizations are actually among the first to adopt mobile technology for the accounts payable function. Not only are they 150% more likely to have implemented these solutions today, but data also indicates that a greater percentage of Leaders plan to implement this capability in the near future. This tells us that organizations ignoring this technology could be left behind. Organizations with mobile AP are 18% more likely to operate centralized invoice-management programs and 28% more likely to execute a standardized invoice management process. These two capabilities provide a singular location to process invoices. Couple these with a unified, cohesive set of electronic invoices and approval workflows and you have now effectively minimized process bottlenecks and siloed or fragmented management of the AP process, while significantly increasing the ability to expedite payments to suppliers. Solutions with AP mobile offerings are 1.9x as likely to enjoy Straight Through Processing. STP and on-time payments are both benefited from mobile offerings. This is primarily due to the simple, yet vital improvements in internal as well as external communications and processing that result from utilizing mobile applications to support their primary platforms. The reliance on mobile technology has permeated virtually every facet of our lives. It is an increasingly important tool that...
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