Recruitment software provider Engage Technology Partners is urging recruiters to embrace digital transformation now in order to remain competitive.
According to findings from Engage Technology Partners, digital transformation has levelled the playing field in recruitment and helped facilitate growth, with the number of registered agencies operating in the UK increasing on average 27% per year with 8,448 new agencies launching in 2018 alone.
However, while these start-ups have utilised the growth of technology to set up their business, some established agencies may be ‘falling behind the curve’ as they struggle to keep pace with these new entrants.
Alex Fraser, Director at Engage, commented, “There’s no doubt in my mind that digital transformation is leading the recruitment sector to evolve for the good, but while start-up agencies are using these tools to their advantage, some of the established agencies remain tied to legacy in-house systems or can’t adapt to exploit the opportunities. In fact, in its 2018 Recruitment Trends Report, Bullhorn revealed that 40% of agencies don’t automate processes at the prospecting or client engagement stages, while 30% don’t use it at all during the hiring process. This figure is particularly concerning in this digital era where technology and automation can deliver the personalised experience that candidates and hirers seek.