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4 Ways Your Recruitment CRM Can Help You Manage Costs

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4 Ways Your Recruitment CRM Can Help You Manage Costs


While you’re working as a recruiter it may be exhausting to maintain observe of all of the spending you’re doing. A thousand completely different job boards, SMS messaging, e-mail campaigns, adverts… And even when all of it appears to be small quantities, if you add all of it up, you’ll in all probability see a sum that can shock you.

For this reason we determined to come back to the rescue! We put collectively a fool-proof information on how CRM can assist you handle your recruitment prices and decrease your spending.

1. Use job board credit to watch your advert spending

Within the present candidate quick market, it’s simple to overspend on job boards by posting a number of adverts till you discover the candidate you might be in search of. And in case you are fortunate sufficient to have a CRM with a multi-posting characteristic and a big selection of built-in Job Boards, it might probably really feel like losing alternatives to solely restrict ourselves to 1.

Making use of the Job Board Credit characteristic in Firefish you’ll be able to simply set the restrict for the variety of adverts you must be posted every month by your staff and even by particular person recruiters. What’s extra, you may as well choose particular person job boards you need to be out there to every member of the staff and see a reside whole of the credit used! This manner you’ll be able to regulate precisely how a lot you might be spending and take the steps to manage that spend… all from inside your CRM!

2. Make use of your report dashboards

It’s no secret that information is on the coronary heart of all the pieces we do as recruiters. We use it to higher perceive our candidates and management what’s occurring available in the market. We additionally accumulate pages and pages of it every day and retailer them in our CRM, usually by no means to be seen once more… However do you know which you can additionally use reporting dashboards to handle your price range?

For instance, seeing precisely which job boards carry you essentially the most functions will assist you determine which of them to chop. And similar to that, you’re already saving cash! You may as well map out your shoppers, which is able to let you see what their standing is from chilly leads, by way of heat prospects, and into established shoppers. Understanding every step of this course of will present you precisely the place you have to be focusing your sources when it comes to new enterprise campaigns, in addition to who to focus on for extra current roles and cross-selling functions. In spite of everything, it’s at all times cheaper to work with current shoppers than to try to appeal to new ones!

3. Supply and save with two-way SMS

SMS messaging is likely one of the best methods to succeed in and reengage candidates in in the present day’s market – actually, Firefish customers have seen a 98% open fee on SMS campaigns! It’s not ground-breaking information that SMS is a good communication device between recruiters and candidates, however you in all probability didn’t assume that two-way SMS may assist you handle prices and lower your expenses on sourcing campaigns.

Not solely will you be accessing the candidates in your database that don’t carry the price of job boards however you may as well simply determine which cellphone numbers are invalid or repeatedly unresponsive. This lets you reduce these ones out of your messaging checklist. No wasted texts = more cash within the financial institution! One of the best half? You may even cap the variety of messages you and your recruiters ship out, supplying you with the final word management of your spending.

4. Job Alerts

Together with Job Board Credit, one other strategy to handle your spending on job boards is to search for various sourcing strategies. Utilizing Automated Job Alerts with Firefish you’ll be able to achieve as many as 16 occasions extra functions per person every month! Permitting your CRM to supply for you’ll be able to drastically scale back your reliance on job boards.

You need extra? Utilizing automated Job Alerts can lead to re-engaging greater than 600 candidates a month from inside your database! Though they could not actively apply for the function, this can carry passive candidates again to the desk and let you focus on different roles with them. And that’s on high of sending them out on a speculative foundation, saving you cash on advertising and marketing campaigns and retaining your database lively.

Do not hesitate and e book a demo with Firefish to find out about all the opposite methods we can assist you get forward of the competitors!

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