Around 88 per cent of companies use technology in some form or another for head hunting, while 12 per cent of them are averse to it, says a survey.
According to a collaborative study by SHRM India and Careerbuilder, organisations use technology mostly for job/ social media posting, career websites, internal/external database search and background searching.
Technology is least leveraged for candidate screening, evaluation, engagement and self-service.
Top challenges in using talent acquisition technology include: lack of awareness of existing relevant technology tools, inability to track ROI, lack of privacy/security, limited budget, implementation challenges, internal decision making bottlenecks, among others.
According to the report, it is important for a company to select a technology partner in candidate sourcing, work-flow management and big data analytics.
“The need of the hour for all technology providers is to make efforts to bring out the relevancy of technology tools in the Talent Acquisition space and address customized needs of the organization,” it added.
Moreover, HR functions should also look to building a business case around the importance and need of technology enabled functions as well as put in tools/matrices in place to track ROI (Return on Investment).