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Editor’s Note

Welcome to The ReelAdvantage, dedicated to the latest in recruiting and Hiring, by Swaayam.

As mentioned in our previous release, we celebrated our 500K user milestone at Swaayam. So today Swaayam has become a community of 500K users and 4000+ employers.

At Swaayam, we're passionate about enhancing employer branding, revolutionizing geo-based sourcing, integrating video-based assessments, refining curation processes, and elevating candidate experiences. Join us in this journey to redefine Hiring and foster a vibrant hiring ecosystem.

Content

• The Sleeping Giant: How Organizations Can Unlock t …

• AI for HR

• Quick Poll

• April's Top HR News Stories!

• HR Events May

• Video Of The Month: Conducting Successful Intervie …

• ListenIn: Our Podcast Pick!

• The Learning Corner: HR Learning Resources

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The Sleeping Giant: How Organizations Can Unlock the Potential of Their Applicant Database

As the present talent market becomes increasingly competitive, attracting Talent is crucial for business success.  However, many organizations overlook a hidden treasure trove of potential hires: their applicant database.  Millions of applications are submitted yearly, yet a significant portion remains dormant in applicant tracking systems (ATS) – a sleeping giant waiting to be awakened.

Key Pointers:

• The talent market is increasingly competitive, and attracting talent is crucial for business success.

• Organizations often overlook the potential of their applicant databases, which contain a significant number of dormant applications.

• A staggering 83% of global organizations reported difficulty filling open positions in 2023, intensifying competition for qualified candidates.

• The rise of online job boards and platforms has led to organizations receiving hundreds or even thousands of applications for a single position, making screening and managing the volume overwhelming.

• Strategies to mine applicant databases include personalized communication, staying connected with candidates, re-evaluating past applicants, offering exclusive content and events, providing upskilling opportunities, implementing gamification and incentives, and ensuring a positive candidate experience.

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AI for HR

Here are some interesting custom HR GPTS that you may want to experiment with :

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Quick Poll

Results of Poll Last Month

People, One Ways Interviewing Super Power Came on the Top last Month

Sourcing Time Warp: Which Hack Will Help You Travel Through Your Candidate Pool Faster?

🟨🟨🟨🟨🟨⬜️ Viewing Video Resumes Like a Boss (Cut through the fluff!) 25%

🟨🟨🟨🟨⬜️⬜️ Creating a Video Job Shorts (Attract the right fit instantly!) 20%

🟩🟩🟩🟩🟩🟩 One Way Interviewing Superpower (Screen talent quickly!) 28%

🟨🟨🟨🟨🟨⬜️ Utilizing AI Sourcing Tools (Let the machines do the work!) 25%

⬜️⬜️⬜️⬜️⬜️⬜️ Location Based Sourcing ( focus on locations that matter) 1%

100 Votes

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April's Top HR News Stories!

^#hrevents

HR Events May

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Video Of The Month: Conducting Successful Interviews (Must-watch video)

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ListenIn: Our Podcast Pick!

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The Learning Corner: HR Learning Resources

Book a Meeting to learn more about Swaayam & how Swaayam is Simplifying hiring