Taleo, the provider of on demand talent management solutions, today released findings from its study entitled, ìCareer Site Recruiting in the FTSE 100 companies: A Missed Opportunity.î The results show just under half (49 per cent) of FTSE 100 companies do not have full online application functionality on their websites, limiting their ability to automate and improve their end to end recruitment process.
A lack of functionality creates a burden for jobseekers and candidates who desire to efficiently express interest and apply for a job; but perhaps more importantly, it emphasises the need for UK organisations to gather digitised candidate information in a structured manner that allows the subsequent recruitment process to benefit from technologically enabled process enhancements.
The study from Taleo Research, the talent management research division of Taleo, analyzed the websites of the UKís FTSE 100 companies to see whether sites had a careers section, if applicants could submit a CV through their careers site, or whether a full online application form was available for use by candidates. Key findings indicate:
Missed Opportunities ñ Only 51 per cent of FTSE companies accept applications on their website via an online application form. Effective online pre-screening, allowing automated skills-based selection and proactive recruitment from the companyís own talent pool, are just two key strategic areas enabled by the capture of structured data in an online application form as opposed to a CV.
Leading edge sectors - The sectors of financial, pharmaceutical and natural resources led the way with online application facilities for candidates.
No recruitment shop window - 6 per cent of FTSE companies still donít have any careers page on their website.
According to Alice Snell, vice president, Taleo Research, ìThese findings indicate that many of the top companies in the UK have still not implemented technology-enabled best practices in recruitment. By effectively using full online application functionality, businesses can revolutionise their recruiting processes and drive improvements in business performance.î
Snell continued, ìThese report findings show FTSE 100 companies need to consider the best ways to attract and retain talent within their organisations. Having a careers section on your corporate website that only accepts CV applications is not enough to make your recruitment processes competitive any more. The research shows that many UK organisations are yet to take advantage of capturing structured candidate data, and therefore are potentially missing opportunities to reduce their recruitment costs, improve their speed of hiring and enhance their ability to recruit the best talent.î
A complete copy of the report can be downloaded here
Lack of Online Recruitment Technology puts majority of FTSE 100 at strategic disadvantage
Study reveals nearly half of FTSE 100 companies do not have technology capabilities to accept online job applications
