Through the years, one of the main challenges faced by many companies is the recruitment process. Some companies struggle with attracting highly capable and suitable candidates while others have troubles with streamlining and tracking the whole recruitment procedure.
Posting job descriptions, attracting ideal candidates, conducting interviews and keeping track of their journey can sometimes be quite gruesome for the recruiters. As a solution to this, recruiters started using Applicant Tracking Software(ATS).
MyNextHire is one such applicant tracking software which makes the recruiting process as simple as possible.
Headquartered in Pune, MyNextHire is completely automated recruiting software that makes the hiring process easier and effective. This cloud-based modern applicant tracking system allows you to manage your job requisitions, attract suitable candidates by publishing job descriptions everywhere, and store all the candidate applications at one place, conduct interviews and offer jobs.
MyNextHire is powered by Artificial Intelligence to track down the candidates that are more likely to be successful, reducing the burden on recruiters.
Features of MyNextHire:
1) Manage Requisitions
Predictive Requisition tracker:
MyNextHire provides all the open and approved job requisitions at one place.
The job requisitions usually contain the name of Hiring Manager, client positions, name of the coordinator, experience required for the particular job, number of positions available, target percent and approval age of the requisition.
Creating Smart Requisitions
Sometimes, recruiters are supposed to post new requisitions while they are involved in other work outside the office environment. It is usually burdensome to manage both the tasks at hand.
MyNextHire provides a medium to overcome this problem.
The recruiter can now send an email with all the necessary features of the job requisition through this applicant tracking system, which will further lead his team on to work on creating the requisition.
Skill Parsing your JD
The recruiter has to attach the job description to their requisition through the application. Once the job description is attached to the requisition, a skill parser reads the skills mentioned in it and immediately adds them to the “required skills” list.
This helps the recruiters save time, effort and decreases the error percentage.
Add Screening Questions
When there are a lot of applicants for a position, filtering and shortlisting the candidates can be a hectic process. That is why many companies add the screening tests to filter the best candidates out.
MyNextHire accommodates a category to add all the screening questions on the requisition list.
They believe that, “Defining them at the requisition level will allow only the right candidates to be moved ahead”
2) Publish and Source
Publishing on Social Media
Social media is an incredibly useful tool for recruiters in order to find candidates for the job requisition.
MyNextHire links your job requirements to various social media sites like Facebook, Twitter, and LinkedIn etc. Publishing jobs on different sites is now made easier and with just one click.
Staffing Partners
Staffing partners play a major role in bringing appropriate candidates based on your organization culture, strategies, challenges and goals.
You can now broadcast the jobs to your staffing partners with a single click through MyNextHire. Your staffing partners will receive a notification about the jobs and its details. They can then submit profiles of the candidates from the smart link they receive in the email sent by recruiters.
Staffing partners also check the profiles for any fraudulence before they are further accepted or rejected.
3) Track Applications
Application Scanning
One of the most important parts of recruiting is thoroughly scanning the applications that are filed in. MyNextHire does that for you as well. It checks whether the applications match your job requirement and produces a skill percentage to shortlist the applicants.
This system also provides an individual workflow of recruiting process for a particular applicant according to recruiter’s availability.
Builds you a separate Database
MyNextHire develops separate and private database for every company. The company database automatically stores the applicant profiles, so it is not necessary to search different portals for applications.
You can search “TalentPool” option in your database to find the required profile of an applicant.
Sentiment Analysis of the Applicant
You can now check the efficiency of a candidate through the emails they send with the help of sentiment analysis.
MyNextHire calculates the “Net Promoter Score” of the candidate, recruiter and interviewer to check the candidate’s credibility to the organization. Positive and negative emotions are also displayed graphically to help you choose the right candidate for your company.
4) Conducting Interviews
Scheduling
Interviews have to be scheduled in accordance with applicant’s availability and interviewer’s suitability. This whole process can be a nightmare sometimes.
MyNextHire lets the recruiter send an official message to the interviewer about the scheduled interview along with all the necessary information and can ask their feedback on it.
The interviewer can also conduct a video interview and save it. Even if the evaluator misses out on few details during feedback, the interview will still be saved as a backup.
Online Assessments
Talent assessments help the recruiter predict candidate’s job performance. These tests help the company understand how likely a candidate is suitable for their company.
MyNextHire made these online assessments available which are unique for each assessee.
5) On-boarding
MyNextHire generates offer letter templates containing candidate and job information. It allows you to customize the template accordingly.
MyNextHire also tracks the “offered candidates” along with their follow-up notes. Also, for further processes, applicant documents are available on the system.
6) Analytics
Bottlenecks
Bottlenecks in a company can hugely affect its efficiency. MyNextHire provides an analysis over bottlenecks as prescriptive and data-based, letting you know about the part that needs attention.
Predictive Analysis
Sometimes, requisition processes may not go as planned. Some may fail and some may carry on smoothly. MyNextHire analyses the requisitions that need more effort and also lets you know about the requisitions that are going on smoothly.
Descriptive Analysis
MyNextHire offers detailed analytics on requisitions, applications, interviews, on-boarding and off-boarding to give insights on jobs, candidates, evaluation and offers.
MyNextHire is a SaaS product which has flexible pricing based on the company’s usage.
