| The needs for talented people by corporate will | | | | as the existing corporate candidate database is mined. |
| always exist, and the pressure on hiring managers to | | | | A good recruitment automation system supported with |
| hire the best talent in smallest possible time will be | | | | candidate relationship management processes, does |
| higher day by day. A general trend to manage this | | | | not only meets the objective of the corporate but also |
| pressure by hiring managers is to advertise more, | | | | helps in brand building. Online recruitment helps the |
| subscribe more job portals and hold more job fairs. But | | | | candidates to access the website 24 hours a day and |
| such activities does not deliver results in proportionate | | | | 7 days a week (24x7). There are no time restrictions, |
| to their expenditure. | | | | therefore someone who is unable to apply for a job |
| One of the well known principles of Customer | | | | during normal working hours can do so in odd hours |
| relationship management is that it is cheaper to | | | | also. In addition to being available 24x7, candidates are |
| maintain an existing relationship than to acquire a new | | | | able to apply efficiently for the best suitable job. |
| one. It applies equally to Candidate Relationship | | | | Thereby, resulting in less response time and |
| management. When recruiters need to fill a new | | | | time-to-hire. |
| position, looking up a contact database that has been | | | | A candidate relationship database typically maintains |
| screened in the past is bound to get faster results than | | | | relationship with candidates by means of job agents |
| starting afresh on the requirements. The candidates | | | | and automated responses. Candidates are given an |
| database must not be maintained as a set of simple | | | | option to be notified, when a new job comes matching |
| resumes. A general perception of recruiters is that a | | | | their skills / aspirations, when they upload their resume. |
| resume becomes obsolete after 3 months. It does, | | | | The Job agent notification, sent periodically, |
| because its value and accuracy diminishes as the | | | | encourages the candidate to return to corporate |
| candidate changes job, move places, attain higher | | | | website and stay in touch, giving his latest resume. |
| qualifications, change email ids and phone numbers. | | | | Every communication with candidate generates an |
| However, by well defined candidate relationship | | | | automated response to candidate by email, so that he |
| process, recruiters can make the resume database | | | | has acknowledgement of resume posted by him, |
| into a knowledge base that helps them to respond to | | | | status updates when his resume is forwarded and |
| the needs of the organization in a timely fashion when | | | | screened by a company, interview schedule etc. |
| the hiring needs arise. | | | | A candidate relationship database system includes |
| Well utilized candidate relationship management | | | | functionality that automatically identifies missing or out |
| practices with structured candidate information stored | | | | of date pieces of information, and requests them, |
| in a candidate database, enables a process in which | | | | through automated email, from candidates. Thus act as |
| candidates contacted by both past and present | | | | a complete recruitment solution for the recruiters. |
| sourcing activities, are automatically accessible to | | | | Candidates are sent holiday greetings, birthday |
| communicate with, for a present requirement. The cost | | | | greetings and news related to their domains, to stay in |
| of acquiring each candidate gets significantly reduced | | | | touch. |