Recruiterpowered by CloudCords
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- Julian Waters
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1 Recruiterpowered by CloudCords Improve Quality of Hire Reduce Turnover with Higher Job Satisfaction Increase Speed of Hire Increase Revenue and Cost Savings How are We Different? Configure custom recruiting solutions specific to your organization and each position with culture and work fit assessments Use predictive analytics to intelligently pull top candidates through the recruiting process faster Dramatically reduce the time recruiters spend on administrative tasks Reduce compliance risk while making it easier to comply with EEOC guidelines Improve likelihood of offer acceptance for qualified candidates through an enhanced application experience Kiran Analytics Recruiter can identify future employees who will sell more products and services, be more productive, provide a higher quality of customer service, and stay in your organization longer. Having taken operational cost reduction measures such as closing branches, reconfiguring physical locations, and deploying technology, retail banks are now focusing their attention on workforce optimization as the next evolutionary step in the branch transformation journey. Maximizing sales effectiveness and delivering exceptional customer experience with a smaller, streamlined staff requires a recruiting solution that can quickly identify and acquire top talent to fill critical, customer-facing positions. Recruiter is specifically designed to help retail banks address the top workforce challenges faced today quality of new hires and turnover. When candidates and positions are mismatched, it leads to higher turnover which can make it difficult to fill work schedules. 40% of turnover occurs within the first six months. Factor in the time it takes to train new employees, and it could result in longer wait times for customers and lost sales opportunities.
2 Proven Predictive Assessments 70-80% Productivity 20-30% Referrals 25-35% Sales % Service Increase Quality of Hire by identifying job seekers who are predisposed to become top performers using fact-based analytics, proven to deliver outstanding results in retail banking. Specialized profiles screen out high turnover risk candidates early in the process, and measures compatibility with specific job responsibilities. Custom Culture and Work Profiles Customized profiles can be used to score assessments to ensure the best quality fit for your organization and specific positions: Culture Fit - measures the fit between candidates and your bank s custom culture benchmark. Biometric Predictive Profile - takes into account exhaustive lists of job competencies, past experience, education, and achievements that are suspected to be drivers of performance for high volume, customer-facing branch positions, such as teller and personal banker. The models utilize surveys of current top performing employees for statistical validation. Work Style - identifies the core work style competencies that are important for job profiles and are unique for each position. Each candidate s compatibility can be compared with multiple occupations at the same time. Work Tolerance - profiles the candidates ability to tolerate core job demands. Candidates indicate their relative degree of frustration with several work tolerance factors such as conflict resolution, working under time pressures, and multitasking. Assessments based on these profiles tailored for each position can be packaged into specific sequences in multi-phase workflows to allow only qualified applicants to automatically progress through each step. Improve Recruiting Compliance with assessments that have been reviewed and validated by experts in Industrial Organizational Psychology. They provide predictive lift while staying compliant with EEOC guidelines for adverse impact. The result is a fair and consistent process for all applicants. 25% 26% Higher job satisfaction with strong culture fit Higher success rate with work tolerance testing Interview Guides Interview guides for recruiters and hiring managers can be used to probe areas of incompatibility identified through the assessment process. Tools included in the structured interview guide: Interview dimension checklist Preparation guide Interview dimensions Evaluative criteria Evaluation form Communications rating Closing checklist 15% Proven decrease in turnover
3 7x24 Automated Recruiting Assistant 100% ONLINE APPLICATIONS PROCESSED Reduce Time to Hire when top candidates are automatically identified and able to schedule an interview with a recruiter within minutes of applying. 85% ASSESSED 77% 28% 21% PRESCREENED DEEMED TOP TALENT SELF-SCHEDULED INTERVIEWS BY Reduce Cost per Hire with features such as automated assessments, candidate-torequisition matching, candidate-torecruiter routing of applicants, selfscheduling and automated candidate communications. 4% Recruiter accelerates the application workflow with automated, situational communication with both recruiters and candidates for each next step. The number of administrative tasks for the recruiters are drastically reduced so they can focus on efficiently processing top talent quickly. Streamlined Applicant Workflow EMPLOYEES HIRED 1. Applicants create a profile and apply for open positions. 2. Applicants are presented with an online, basic eligibility assessment. The software automatically accepts or declines applications based on the results. 3. Eligible candidates proceed to the predictive assessment. The software scores and screens the applicants in real-time. 4. The top qualified candidates are automatically presented with self-scheduling options for interviews. 5. Recruiters are notified of scheduled or re-scheduled interviews. Outlook calendars are automatically updated. 6. The recruiter and hiring manager perform their interview and categorize the candidate within the software. 7. Recruiters update the disposition status within a dashboard. Provide Better Insights with role-based access to dashboards for recruiting managers, recruiters, and administrators which give each user the information they need to manage their workload. Identify More Productivity Gains across every stage of the talent acquisition process by utilitizing both basic and custom reporting capabilities and automatically gathered rich data sets, including tracked standard and advanced recruiting metrics, cost data, and compliance data. For compliance purposes, this data becomes valuable immediately. Outlook is a registered trademark of Microsoft.
4 Enhanced Job Seeker s Experience Additional Enterprise Software Features Applicants are automatically prescreened and can proceed to mobile-friendly assessments if qualified Software-as-a-Service is easy to deploy, flexible to integrate with your business rules and workflow, and easy to learn. Enterprise-wide rollout can occur within 90 days. Top candidates can self-schedule interviews within 30 minutes of taking assessments Applicants receive automatic notifications and interview reminders Enterprise Class Security, Scalability and Availability meet the most stringent IT and compliance requirements of world s top retail banks, Recruiter applications are hosted in a SAS 70 Level II and SSAE 16 compliant facility. Recruiter is scalable to accommodate from 10 thousand to 1 million applications per year. There is no single point of failure and we guarantee greater than 99.5% uptime. When the best qualified candidates are engaged and have a positive experience, they are more likely to follow through with the interview and offer acceptance. Job seekers who are identified as having the knowledge, skills, and experience to succeed in the position are given the opportunity to self-schedule for an interview. Recruiter automatically sends information about the interview, maps, reminders and options for rescheduling. Candidates are kept connected and moved through the process quickly and efficiently. Third Party Integrations can be added to increase productivity and quality, including Applicant Tracking Systems (ATS), Microsoft Exchange, and other tools.
5 Why Kiran Analytics? Workforce Planning Experts in Branch Network and Workforce Optimization Labor Scheduling Branch Transformation with Predictive Analytics Talent Acquisition Thought Leaders in Predictive Analytics Technologies for Retail Banks Simplified Solution Delivery and Outstanding Resource Alignment Customer Care Kiran Analytics drives intelligent branch transformation for retail banks through the application of predictive analytics. Kiran s solutions have been deployed in over 10,000 branches helping forecast branch staff levels accurately, hire better people faster, plan and schedule resources efficiently. As a result, retail banks increase sales and customer service while reducing operational costs. Our customers have annually saved tens of millions of dollars by transforming their recruiting, resource capacity planning, and branch staff optimization processes. [email protected] Kiran Analytics, Inc. CloudCords is a U.S. registered trademark of Kiran Analytics
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