Recruiters, Fear Not The AI Tool…

Whether you like it or not, Artificial Intelligence (AI) is rapidly becoming a new tool for efficiency.

In the recruiting game, AI is controversial.  Some estimate humans will be replaced with “bots” while others see it as an innovative tool to improve processes across the board.

Pereless Systems applicant tracking software just launched a new AI tool named Intelli-Match that will make recruiting smarter and easier while maintaining (human) recruiters as an essential part of talent selection. 

Intelli-match encourages hiring teams to build “smart” jobs while keeping these elements in mind:

  • Job location
  • Job title
  • Keywords
  • Candidate name
  • Candidate location
  • Employment
  • Education
  • Source

Intelli-match compares these main points to candidate application information to determine best suited applicants based on job data.

Within seconds, Intelli-Match will analyze and rank the candidate pool within a particular job to provide a best-match list. It is also a great tool for gathering important data on team productivity and progress.

Pereless Systems is offering a 3 month trial period to all current and new clients! Interested?

Benefits of Your Company Going Green

A very popular trend in business is going green and doing things in your company that benefit the earth. Many businesses are making greener choices to make a positive influence on the environment. These businesses are making a difference in the way consumers buy products and making themselves more competitive in the market. By going green, a company receives many benefits in their business as well as on the environment surrounding them. It is important for other companies to see these trends and stay up to date with them in order to stay competitive in their current market. Although many companies go green to increase their business, it is important to recognize the positive impact they are having on the environment as well.  

There are many benefits to going green, but the main benefit is how your consumers react to the change. As it becomes more popular to do things that help the earth, buyers are becoming more interested in purchasing products that either help the earth or buying from companies that give back to the earth.  By using the greener products as a way of marketing a company, consumers are drawn in and more willing to buy the products, creating more revenue for the company.

This change also makes a company more competitive in their own market. By marketing their green products, company’s are able to stand out compared to other competitors and generate more business. When moving to greener products, it is important to make consumers aware and use it as a way to better market your company.

Becoming a green company also increases a company’s corporate social responsibility. By creating greener products or making changes in an office to save energy or plastic, consumers become aware and start to generate a positive image for the company. This image is important because if consumers know you are benefiting the environment and making positive  changes within your company, consumers will become more loyal and dedicated to your company.

By building your corporate social responsibility, you can become more popular within your market and bring in more customers in the future. It is also important for your customers to know that you are building your business off of the positive impact it will have, and not just how much money the company is making.

Although creating greener products and making changes in your business that will positively affect the environment brings in many customers, it is important to look at how it benefits the environment. The trend of becoming more environmentally friendly in a business has become very popular and continues to keep growing. This change is making positive impacts on businesses and helping the environment one step at a time.

 

Madelyn McMahon

Pereless Systems Brings Machine Learning to Recruitment

RED BANK, NJ – Pereless Systems applicant tracking system (ATS) has released a new machine learning technology to their platform. The new technology will provide a “Intelli-Match” recruit flow to drastically decrease time to fill as well as screening time for recruiters.

The technology analyzes keywords, education, experience, and other candidate information to comprise a list of the best matches. With this option, clients will be shown the most ideal candidates based on historical hiring data and unique machine learning.

The development team on the project, whose background include projects with Google and Intel, is comprised of true innovators in the machine learning space.

“Artificial Intelligence/Machine Learning is one of the most defining innovations that can be utilized in today’s recruiting.  Ultimately, we will be able to define best matches utilizing this technology and then aggressively deploy it through the rest of our applications to predict the best type of hires overtime,” says Pereless Systems CEO, Arthur Pereless.

The model does not take any of the key decision-making away from the client nor hide any information. One step further, the technology will analyze employee retention and calculate in what types of hires stay with the company for the long term. It will be able to learn far more about hiring practices than human analysis alone can provide.

“Most CEOs and CFOs realize that employee attrition is a bottom-line killer.  AI / Machine learning will allow companies to notice patterns and mitigate attrition as they become more knowledgeable about hires that stick,” Pereless continued.

The new technology will be implemented on all job types and categories within Pereless Systems, and work in conjunction with existing pre-screening question filters. With this product, every aspect of candidate research will be enhanced by insights garnered from years of candidate data across multiple industries and job types.

For existing Pereless clients, a 3-month trial will allow clients to see the benefits of Intelli-Match in real time. It will then become an optional feature.

The model will be steps beyond what is possible for new players on the market due to the fact that Pereless Systems has 20 years of data to use for the algorithm. From a technical standpoint, this current and old data will generate machine learning models meant to analyze the expectation that a candidate will be hired.

Please contact an Account Representative for any further questions.

Top 3 HR Struggles of 2018 and How to Solve Them

The struggles of the HR department are continually changing. These are the most current issues that HR departments face and the solution to them.

Retaining talent

The job candidate search is difficult enough as is, but actually retaining hires is an entirely new challenge. Poor employee retention rates may have to do with varying factors such as company culture or salary, however the root of the issue often deals with the hiring process. Firstly, you need to attract the right job candidates, and secondly you need an efficient way to process applicants. Which leads to the next issue…

Keeping up with technology

Without sufficient technology, it is extremely difficult to attract, hire, and retain the right employees. Social media is a big part of drawing in candidates, but also your overall digital presence (such as your company website) is essential. However, even more significant than this is the technology that you use for hiring. You want an ATS with all of the features that you need.

Managing company culture and diversity

This issue ties back to finding the right candidate. You want a positive and innovative company culture and in order to create this you need diversity within the company. Diversity mostly involves getting a strong mix of different perspectives and personalities. Finding the right personalities once again has to do with the hiring process. Pay close attention during interviews and envision how the job candidate’s personality and ideas will influence the company and mesh with your company’s culture.

How to fix these issues:

The absolute best solution to these HR issues is having a reliable ATS. The easier it is to sort applicants and hire, the less issues you will have in the HR department. The people that you hire are the most important part of a company, so make sure you’re hiring the right way.

 

 

 

 

 

 

 

Victoria Leighton

New Help & Training Layout

Pereless Systems is proud to announce a new Help and Training layout! The layout will go live in the system on December 27, 2018.

1. New Layout 

We’ve completely redesigned the layout of this tab with our clients in mind. Upon entering the portal, clients will be asked if they are a new or returning user. New users will be brought to a “Starting Up” menu which will help them adjust to the new system and new Help and Training layout. 

2. One-click Menu 

Returning users will see new release announcements as well as a complete menu breakdown on the left. This new, user-friendly menu will bring clients to any section of the Help and Training with one click. 

3. Search Capabilities 

The last major change is the ability to search within the Help and Training tab. Your wonderful support team has completely redone all of our User Guides and Training videos. We aim to make sure any help you need is always at your fingertips.

Benefits of Partnering to Grow Services

In business, partnering is a successful strategy to grow your business. Many companies, both small and large, use partnering as a way to expand their clients and promote their products. By having partners, companies gain the ability to use their partners clients and specific market to grow their own success. Partnering is a way to bring in new business while benefiting another companies success at the same time.

For small companies, partnering is very beneficial. By gaining a partner, small companies can connect with more developed companies to expand their client base. It is important for small companies, especially startups, to generate clients from many different markets. This will make their company more competitive in their own market while expanding in other markets. It is also important for small companies to use their partners to market their products.

Marketing can be expensive, so when the two partners work together they can market both of their products at one time, paying half the cost. This is also beneficial because both of their clients are seeing the other companies products that are being marketed, which brings attention to both of their products in different fields. When smaller companies join together with companies that are more developed than them, they can grow and develop faster than they would starting up on their own.

Although small companies gain heavy growth from partnering, it is also beneficial for larger companies to form partnerships. For larger companies, if they partner with other companies they can make deals to market both of their products even if they are selling to different target markets. For example, if you buy a certain product you can receive a discount on the other companies product. This gives people the incentive to buy both of the products, knowing they will receive a discount.  

Another benefit of partnering for larger companies is that when they join with small companies or non profits, they can also help improve their corporate social responsibility. If companies do this, people are intrigued by the good intentions of the company, which can bring in more business. It is also beneficial for companies to partner that are not in similar markets, so that new clients can see their products and how the two companies are working together.

Overall partnering can bring many benefits to both small and large companies. Working with other companies can help to expand a company’s client base and bring more attention to their company. It is a great way to market a companies products and have something new and exciting to interest their clients.

 

Madelyn McMahon

How Networking and Technology have Changed the Business World

As businesses become more revolved around technology, the use of networking has spiked in the business world. Networking can mean many things, mainly working together with others to benefit multiple parties. Business networking can be used to make connections, apply for jobs, make deals and create partners. The addition of networking in the business world has created many benefits and continues to help it grow. The involvement of networking has also grown from the spike in social media over the past few years, specifically on LinkedIn. LinkedIn is a place where people and businesses can make mutual connections at the click of a button. This has changed the way people find jobs or connect with people. Networking, combined with the advances in technology, have changed how people connect with each other and has made it easier to navigate through the business world.

 

Networking in itself is a way to make connections. If you communicate with others, it is easy to meet new people and make mutual connections. The rise in networking and technology has made making connections an intrical part of the business world. When it comes to finding jobs, having relationships is key to standing out against other applicants. The popularity of LinkedIn has made it easy and simple for people to create a wider range of connections based on their employment history and future work interests. Along with making connections, it is easier to find jobs through networking, especially through LinkedIn and other online sources. By networking on the web, you can research for jobs to find positions that would be fitting to your interests and background experience.

 

Another aspect of networking that is beneficial to business is the ability to find other companies through connections that could benefit a company’s product. This could include partnering with a company to use their product to grow your business. By networking with other companies, you can build relationships that could benefit you and your company in the future. It could also help other companies to promote each other’s businesses and products through deals and marketing combinations. By coming together through networking, companies bring attention to both of their products and give people an incentive to buy and use both of their products.

 

Networking has created new connections in many aspects of the business world. With advances in technology and the popularity of social media, the benefits of networking continue to grow. By building a network for you and your company, you are able to expand and excel throughout your experience in business. Networking comes with many benefits and can help build your company in the future.

 

Madelyn McMahon

Tips for Hiring in the Summer

Depending on what type of business you have, summer might be either your slowest or busiest time of the year. Although summer may seem like a time for vacation and relaxation for many people, job applicants are often quite active at this time. No matter how busy your company is, the summer months are a good time to hire. Here are some tips to make the most out of your summertime hiring:

Seek out college graduates

Although experience might be an important part of some job positions, college graduates bring a fresh perspective to the workplace. In the summertime, many young people have just finished up their degrees and they are actively seeking employment. These new graduates are typically excited to get to work and can learn and adapt quickly. Try to tailor your job applications to be more open to new graduates and you will find yourself with a great pool of applicants.

Look for interns

If you are not entirely interested in hiring someone straight out of college for a full-time position, internships can be a great way to seek out potential new employees. An internship allows for you to test the waters and to see if someone who is currently a student could possibly work for you eventually. Internships can be brief and they allows for both the employer and the intern to gain different skills and experience. If you do end up eventually hiring an intern, he or she will already be familiar with the workplace and it will make the hiring process much quicker and easier.    

Conduct many interviews

As mentioned, candidates are quite active with job searching in the summer. Many people have a much looser schedule at this time, so use this to your advantage to conduct several interviews. This also means flexibility on your behalf, but conducting a wide range of interviews can sufficiently help you narrow down your job applicant pool.

Boost your social media

Since there are a lot of young people seeking employment in the summertime, this is the perfect time to frequently post on social media. Although active social media accounts are important all year round, make an attempt to reach a wider audience. Despite the warm weather, people still spend a sufficient amount of time browsing jobs in the air conditioning.

Some businesses may take a breather from hiring in the summer, but use this time to your advantage and find the best job candidates possible.

 

Victoria Leighton

The Impact of Artificial Intelligence in Business

Whether you like it or not, the impact of Artificial Intelligence has become increasingly noticeable. Companies all over the globe are implementing forms of Artificial Intelligence and Machine Learning that are impacting our lives in more ways than one. Amazon’s personal assistant “Alexa” is an example of conversational AI that allows humans to interact with a machine simply by using the languages we already know. Amazon is not the only company using this type of AI. In fact 61% of businesses in 2017 have implemented some sort of AI, which is up from only 38% in 2016.

This constant increase is inevitably going to keep rising, which gives companies the ultimatum: adapt or fall behind.

Although many people are skeptical about AI’s impact on unemployment in the workforce, with more advancements in technology it has become evident that it’s positives outweigh the negatives. Rather than replacing humans, machine learning will amplify our skills and make business processes that much more fluid. In the recruitment and software spectrum AI aspects are already paying dividends. Features such as initial resume scans that expedite the first stages of the recruitment process have lifted an enormous weight off hiring managers who are used to the monotonous duty of reviewing hundreds of unfit candidates. In this case, rather than replacing humans and taking jobs, AI will ultimately work together with humans to make the most beneficial impact.

By automating the monotonous tasks in business, workers will have more time to focus on increasing productivity leading to more revenue and higher performance. Although there are some risks to Artificial Intelligence such as privacy and some unemployment, there is no denying that machine learning is the way of the future. With new algorithms being implemented into AI, smarter faster data driven decisions will be made to optimize business performance and production. A wise man once said “work smarter, not harder” and with machine learning and artificial intelligence, the smartest types of work decisions will be made.

 

Spencer Pereless

Why You Should Use Social Media in Recruiting

Social Media has become a central focus in the lives of the people in our society today. Studies from the Pew Research Center display that in the United States alone, around 80% of people are using at least one social media account. On a smaller scale, 88% of people from the ages 18-29, are also using one account. This younger group are also the majority of people who are applying for jobs, right after graduating from college and looking to start a career. This also implies that this age group would most commonly be using ATS, the application tracking system used to apply for jobs. Now, more than ever, it is easy to connect with jobs through online systems and social media. Connecting your social media with ATS has many benefits when applying for jobs for the employer and the applicant.

Easy to find applicants

Due to the fact that ATS is an online system, it is harder to grasp someone’s personality and lifestyle through a simple application. By giving the applicants the option to connect their social media to ATS, you are able to look at an applicants life from a new angle. This is a benefit useful for employers looking to make the most out of their employees and develop a successful relationship in the future.

Making Connections

Through social media you are able to connect with people and look at mutual friends. It is also a way to associate the applicants interests and experiences to those of the people in the company to see if they would be fitting with other employees. It is important, especially in positions where employees will be working collaboratively, to find new employees who are compatible with their teams and able to get along with different types of people. By looking at an applicants social media, you are able to develop a better understanding and make connections to find the best fit for the company.

Applicants Become Informed

Most businesses have created social media pages to publicize and market their products. It is a beneficial way for people to see their products and what the company has to offer. It is also easy for applicants who want to learn more about the companies they are potentially applying to view their social media pages. They can see the company’s products, information about the employees and overall if they think they would fit in with the culture of the company. It is easy to learn a lot about a company from their social media, which can help bring in potential employees.

It is clear that connecting your social media when applying to a job using ATS benefits both the employer and the applicant. Employers can see who is applying, what kind of person they are and if they have any negativity on their posts. Applicants can research the company and develop interests based off of their pages. As long as the applicants are smart about their social media posts, it is beneficial from both sides to connect their social media pages to ATS.