Changing the way recruitment works with use of recruitment CRMs
Recruitment is a dynamic and competitive industry that faces many challenges and opportunities in 2023. One of the key trends that is shaping the future of recruitment is the use of recruitment CRMs (customer relationship management) software. Recruitment CRMs are tools that help recruiters manage their relationships with candidates, clients, and partners, as well as streamline their workflows, automate their tasks, and improve their performance.
Why use a recruitment CRM?
A recruitment CRM can offer many benefits to recruiters, such as:
- Finding top talent: A recruitment CRM can help recruiters source, attract, and engage candidates from various channels, such as job boards, social media, referrals, and talent pools. A recruitment CRM can also help recruiters search for candidates faster and more accurately using advanced filters, keywords, and AI-powered matching algorithms.
- Elevating the candidate experience: A recruitment CRM can help recruiters provide a personalised and seamless experience to candidates throughout the recruitment lifecycle. A recruitment CRM can help recruiters communicate with candidates via email, text, or video, as well as send automated messages, reminders, and feedback. A recruitment CRM can also help recruiters track and measure candidate satisfaction and loyalty using surveys and analytics.
- Winning more jobs: A recruitment CRM can help recruiters build and maintain strong relationships with clients and prospects, as well as win more business opportunities. A recruitment CRM can help recruiters manage their sales pipeline, track their activities and interactions, and generate proposals and contracts. A recruitment CRM can also help recruiters monitor and improve their client retention and satisfaction using reports and dashboards.
- Making better decisions: A recruitment CRM can help recruiters gain insights into their performance, productivity, and profitability using real-time data and analytics. A recruitment CRM can help recruiters identify their strengths and weaknesses, as well as their opportunities and threats. A recruitment CRM can also help recruiters forecast their revenue, growth, and market trends using historical data and predictive modelling.
How to choose a recruitment CRM?
There are many factors to consider when choosing a recruitment CRM, such as:
- Size: The size of your agency will determine the features, functionality, and scalability of your recruitment CRM. For example, if you are a start-up or a small to midsize agency, you may need a simple and affordable solution that covers the basic needs of your business. If you are an enterprise or a specialist agency, you may need a more complex and customisable solution that meets the specific requirements of your niche.
- Integration: The integration of your recruitment CRM with other tools and platforms will enhance its usability and efficiency. For example, you may want to integrate your recruitment CRM with your ATS (applicant tracking system), your website, your social media accounts, your email provider, your calendar, your accounting software, your payroll system, your compliance software, or your marketing software.
- Support: The support of your recruitment CRM provider will ensure its reliability and security. For example, you may want to check the availability, responsiveness, and quality of their customer service, technical support, training, and updates.
What are the UK statistics on recruitment CRM usage?
According to a survey conducted by Firefish Software in 2022, 85% of UK-based recruitment agencies use a recruitment CRM software in their business. The survey also found that:
- The most popular features of a recruitment CRM software are candidate search (94%), email integration (92%), reporting (90%), job posting (88%), and sales pipeline (86%).
- The most common challenges of using a recruitment CRM software are data quality (42%), user adoption (38%), system integration (36%), cost (34%), and customisation (32%).
- The most desired improvements of a recruitment CRM software are automation (52%), AI/machine learning (48%), mobile access (46%), video integration (44%), and chatbot integration (42%).
Another survey conducted by Bullhorn in 2022 revealed that 76% of UK-based recruiters plan to invest more in technology in 2023. The survey also showed that:
- The top technology priorities for UK recruiters in 2023 are automation (64%), data analytics (58%), candidate engagement (56%), diversity and inclusion (54%), and remote work (52%).
- The top technology challenges for UK recruiters in 2023 are budget constraints (46%), data security (44%), user adoption (42%), system integration (40%), and data migration (38%).
- The top technology trends for UK recruiters in 2023 are AI/machine learning (68%), video interviewing (66%), chatbots (64%), social media marketing (62%), and gamification (60%).
Conclusion
Recruitment CRMs are essential tools for recruiters who want to stay ahead of the competition and achieve their goals in 2023. Recruitment CRMs can help recruiters find top talent, elevate the candidate experience, win more jobs, and make better decisions. However, recruiters need to choose the right recruitment CRM for their business, as well as overcome the challenges and leverage the opportunities of using technology in recruitment.