More Resumes ≠ Better Hiring: Rethinking Recruitment Strategy
"I've purchased the most expensive database for resume search, but we are still struggling to find the right candidates," said a TA Head
Do you relate to it?
The most expensive and most extensive resume search database is not the answer to the hiring challenge. The massive amount of resumes gives a false sense of having control and being enabled, but it doesn't resolve the hiring woes.
Rather, More resumes ≠ better hiring
Here is why?
- Recruiters spend <10 seconds per resume. Can you scan a 1-page, densely written document in <10 seconds? Science says "No". The brain can only process 4-5 words per 10 seconds for conscious understanding. God bless us with superpowers.
- Approximately 40% of hiring time is dedicated to initial screening activities, which often involve reviewing incorrect resumes and candidates. Thanks to our < 10-second resume scan. Why do the best candidates have to suffer from the process inefficiencies?
- A one-click job application is helping companies to get bulk applications from "not-so-suitable candidates". The irony is that candidates also spend <10 seconds scanning the job description before firing away their resume with "One-Click Apply". Fair isn't it?
Yes, so many things to blame, underwhelming resume database quality, <10 seconds resume or Job description scan, One click Apply, and so on …
However, "we" are the problem. We created and proudly followed the system that fails at every stage. Fails our recruitment team, candidates, and companies.
It's time to redesign and rethink the system
Forward-looking companies are working in that direction. Some examples are:
- Unilever: Ex. Chief of HR, Leena Nair (now CEO, Chanel) said that around 70,000 person-hours of interviewing and assessing candidates had been cut, thanks to the automated screening system - Forbes
- MasterCard: They have published detailed guidelines on how candidates should utilize AI for interview preparation and how their team leverages AI in recruitment. Inspiring clarity and a forward-looking approach
- Marriott: Olivia is Marriott's AI recruiting assistant. She helps in finding open positions, coordinates interviews, answers questions, and shares relevant info.
If you could change one thing in hiring today, what would it be?