Great tools and technology are no longer perks in large HR departments; they have become standard. As the HR technology industry explodes, these tools are more affordable and effective than most of us in the industry could have predicted.
More than Video Interviewing
A survey we conducted in 2012 concluded that almost six out of 10 employers with 1,000 to 5,000 employees use remote video interviews. Virtual screening and interviewing tools have become standard in most HR departments, but GreenJobInterview has taken it one step further. The bar has been raised with features like customized branding throughout all communications on the platform, mobile capabilities and pre-recorded interviews. That standard in video interviewing has officially been raised. Click the link for more information from GreenJobInterview’s survey on video interviewing trends and insights.
In a popular article on ERE, John Zappe said,
“The heaviest users of live video interviews are the biggest employers; 80% of those with more than 10,000 workers have used or use video interviews.”
A Powerful ATS
In order for larger companies to keep up in the race for talent, increase retention and build talent pipelines, they must have a robust applicant tracking system. Features like ease of use, effective search-ability and an emphasis on creating a great candidate experience are vital for larger companies to pull away from the pack. Want to know what to look for in a great ATS? Check out this resource from Visibility Software.
Training Software that Goes Further
The current talent shortage that we are facing has made training more important than ever. If companies can’t find the talent, they need to create it. Training software needs to come with great support, automated features and the ability to track the success of each worker. We learn from research by Bersin and Deloitte that:
“The US education system is in crisis and much of the high rates of unemployment are not due to a lack of jobs, but rather a lack of skills. Making up for this, businesses increased their corporate training by 9.5% last year bringing global corporate spending to over $130 billion.”
For many large companies, simply keeping up with compliance needs is nearly impossible without the right software. Leaders in learning management systems are making compliance spreadsheet nightmares a thing of the past.
Effective Self-Service Portals
Self-service portals that are built with employees and HR administrators in mind are the key to helping your workforce help you. As organizations grow, they need the proper technologies to remain effective and efficient. Self-service portals cut down on the resources that tasks or procedures with a middleman can cost. Everything from direct deposit to creating and sharing reports can now be directly done by the individual worker in a convenient, secure and cost-effective manner. These tools free up time for HR professionals to get the talent that the organization needs to push forward.
Talent Analytics Technology
Finding the right talent for the organization is no longer a guessing game, or a case for best practices. Talent analytics technology has proven to yield great returns for investors who want data driven hiring success. Forty-nine percent of the nearly 600 HR professionals worldwide studied in the 2013 SHL annual Global Assessment Trends Report cited workforce planning/talent analytics as a priority in business.
The larger companies get, the more powerful their HR technology must become. The organizational and talent issues alone are worth the investment in the right technology. The tools that have now become standard for HR departments in larger companies are rapidly evolving. These required tools are how large companies will gain an edge in talent acquisitions, attraction and retention.