Recruiting Software

By Sylvia Rosen

If you are an HR professional or other hiring manager, you know that there is often an avalanche when it comes to resumes submitted after an executive position has been posted. Most hiring managers find they just don’t have adequate time throughout the day to focus on finding a perfect candidate by going through the mountain of resumes sitting on their desk.

Luckily, when you use executive recruiting software you can make the hiring of executives much easier, saving time as well as money.

Understanding recruiting software

Software is akin to a virtual assistant for many hiring managers. Without the use of software, your day-to-day workload would likely be very different. Modern employees use software for a variety of reasons including filing, organizing, calculating payroll, tracking attendance, and many other daily activities in the workplace.

But a platform that’s geared to the specifics of an executive search requires a higher degree of functionality to find the best possible fit. When using recruiting software to find qualified executives, some of the things you’ll be able to do include:

• Track executive resumes received
• Locate prospects for executive jobs
• Post jobs for specific executive roles
• Conduct real-time reporting, resulting in improved decisions related to salary, benefits, and executive compensation packages
• Edge our your competition for top-level candidates through improved response times

Benefits of recruiting software to hire executives

One of the primary benefits is that this software can help you eliminate costly hiring mistakes by showing you the perfect candidate, whether they’re from your own candidate pool or an external source. This type of software also brings benefits like improving your productivity and lowering your labor costs. With that in mind, executive recruitment software has been designed for specific users, including:

• Executive search firms
• In-house corporate executive recruiting staff
• Organizations with worldwide operations
• Boutique companies operating out of a single site or multiple locations
• Individual executive recruiters

Cost considerations

One of the considerations you’ll need to keep in mind is that this type of software can be quite expensive. It’s usually broken into two different categories: software as a service (SaaS) and client-server (installed on your local system). Of the two, SaaS platforms provide enhanced simplicity and broad integration through features that are based on mobile technology, enabling users to access the platform from any web-enabled device.

SaaS plans average around $100 per month for a single recruiter and sometimes include additional setup fees that range from $60 to $150.

In-house options are a one-time fee that’s based on the number of licenses required, costing anywhere from $250 to $1,500, with support incurring an additional fee between $15 and $25 per month.

Only you can really tell, based on the environment of your business and your hiring needs, if executive recruitment software is right for you. Be sure to conduct sufficient research on the best software for your company and situation before you make any purchase.