Attracting and retaining top talent is an impactful workplace challenge. Investing in advanced recruitment tools, such as an applicant tracking system, can reduce turnover and encourage retention. Enhancing workplace loyalty with ATS is the best way to retain quality candidates and promote productivity.
Moreover, instilling a positive company culture drives employee satisfaction. Open communication guides innovation and productivity in the workplace. Professional development opportunities enforce employee retention, which means workers won’t feel stuck in their roles. Taking the time to recognize employee achievements can help the team feel valued for their hard work. Prioritizing basic retention strategies will build a stronger team dynamic, enhance the company’s reputation, and attract prospective hires.
ATS Employee Retention Strategies
Employee retention is more effective when employees feel valued for their company contributions. A competitive pay rate and lucrative benefits show a company they appreciate their employees’ hard work. There should be ample opportunities to excel in the company for employee engagement. Performance-based and annual pay raises also retain employees long-term.
An Employee Benefits News study revealed it costs 33% of the departing employee’s salary to hire replacement talent. Hence, if the resigning employee’s annual salary is $100,000, it could cost upwards of $33,000 to effectively rebound.
Onboarding Integration
Video-based onboarding modules help effectively train new hires. While they can shadow seasoned employees in the field, taking more time to watch training modules can ease them into the role easier than shadowing. Plus, this method reduces onboarding costs. Hence, visual learning from the training modules can streamline training and reduce shadowing time.
New hires can feel welcome into their new company environment with the training modules. Higher-ups can record welcome videos that can be included in the training modules. On-site staff can welcome new hires throughout their first days on the job.
Career Pathing
ATS systems offer career pathing features that track candidate skills, licenses, certifications, and career aspirations. The system can recommend an employee with the right skills and aspirations for a future open requisition.
Workers can follow tailored development plans stored on the employee portal. They can set goals for what job-based skills they would like to learn during their tenure. Employees can also work towards promotions as they build the skill sets and qualifications in their current entry-level roles.
Employee Feedback
Some ATS systems can collect employee feedback from in-house surveys. The surveys can ask multiple-choice or open-ended questions to gauge employee satisfaction. This should be a safe space for employees to share their positive or negative feedback.
Ask employees how the company can improve HR processes. For example, if the current payroll system takes 3 to 5 days to distribute direct deposits, the company may want to consider a new payroll system that pays out in 1 to 3 business days. If many employees complain about the long payout times, implement this change.
ATS Impact On Employee Loyalty
An applicant tracking system impacts employee loyalty by encouraging a transparent and respectful work environment. When employees witness the most advanced tools helping to excel in their career development, it captures their loyalty.
The right applicant tracking system enhances candidate quality. Cadient’s clients can discover the most qualified and hard-working talent with advanced AI-driven resume-parsing solutions. Aligning employee skills with the requisition’s requirements will ensure a better job match and reduce the likelihood of turnover.
ATS and Employee Engagement
ATS software can improve employee engagement in any business. Engaged employees are important for maintaining productivity. Satisfied workers are more willing to stay on task to fulfill the daily requirements of their roles. Here are a few ways that ATS software can enhance employee engagement.
Efficient Recruitment
An applicant tracking system encourages an efficient recruitment process. Streamlining hiring ensures the best use of time for new hires, current employees, the recruitment team, and human resources.
The recruitment team can host a brief in-person welcome before sending the new hires to watch video modules. The modules will provide new hires with visual and hands-on experience to effectively perform their new role.
The seasoned employees can focus on their usual tasks without interruption to train recruits. Human resources can have the recruits fill out paperwork virtually to save time and money. Virtually completing paperwork is more efficient than the pen-and-paper method.
Data-Driven Insights
ATS software can provide insights into hiring metrics, employee performance, and overall engagement. This data can transform company policies and work practices for a more engaged workforce.
Evaluating hiring metrics regularly can refine the recruitment process over time. The recruitment team should remain innovative in improving hiring metrics.
For example, the cost-per-hire metric can be reduced by choosing only specific candidate sourcing channels to display job posts. Indeed, CareerBuilder, and ZipRecruiter may bring your company more quality employees than Monster or Snagajob. Hence, it would be best to prioritize the top three job boards for candidate sourcing. Then, you can remove sponsored job posts from the lower-performing job boards.
Customizable Communication
Applicant tracking software allows for customizable communication between the recruitment team and candidates. Recruitment can choose whether to send automated or personalized messages to candidates. Automated messages are best for mass hiring outreaches.
Personalized messages are more effective for reaching out for interviews and status updates. Noting a candidate’s skills and job qualities in these personalized messages can make candidates feel special during the interview process.
Cadient Texting is an initiative that improves candidate engagement because people check their texts more than their emails. Text Apply can help the recruitment team gather personal information about the candidate and send them a link to start the application. Text Notify can contact a candidate with status updates and interview requests.
Conclusion
Believe it or not, enhancing workplace loyalty with ATS software is possible. Career pathing features, customizable communications, and gathering feedback are key functions for employee engagement. Keep turnover low and retention high by investing in ATS software today!
