Over the next several months, hiring initiatives may be somewhat unpredictable as they wax and wane to accommodate the economic uncertainty ahead. Because of this, talent pipelines need to be well organized with a strategy to keep both active and passive candidates engaged.
An ATS system helps hiring teams develop strategic
Candidate relationship management priorities to keep the talent pipeline full and fully engaged while unearthing A Players faster. Whether you’re actively special lead hiring, planning for the future, or nurturing candidates with whom you want to maintain a close relationship, candidate management is crucial to finding the right talent exactly when you need it. And in today’s job market, it may be your best competitive advantage.
What Exactly Is Candidate Management?
Candidate management refers to overseeing, building, and however, one major advantage maintaining relationships with job candidates. Building relationships with candidates gives recruiters the ability to develop a diverse pool of talent, which helps with hiring decisions and ensures that the right competencies for each role are accounted for within your talent pipeline, no matter when the job opens up. With a robust pipeline, recruiters and hiring teams are able to make better matches between candidate skill sets, performance potential, and core competencies of the role.
But hiring efficiencies aren’t the only benefit in candidate management. Candidates today expect a certain amount of speed and simplicity throughout their application process. 9 out of 10 candidates will drop out of an application process because they find it too frustrating. Candidate management helps you create a better candidate experience so that you don’t lose out on talent, and your employer brand remains intact. The more your brand aligns with candidate expectations, the more likely it will be that the talent you want completes the application process.
Why is Candidate Management Important?
Candidate management is not just about organizing your calling list strategy and keeping applicants from dropping out. It serves the full function of your talent acquisition strategy, too.
Further still, you can solicit feedback from your candidates, providing an opportunity to gain insights on the candidate experience and continually work to improve your hiring process, identify gaps, and nurture top talent.
How to Manage Candidates Strategically
Putting the pieces in place is an important first step, but how do you make it play out in real-time? Here are a few ways to effectively manage candidates during the hiring process in order to find, engage, and ultimately win over your best candidates.