Recruitment and selection companies that have adopted job automation have a 64% higher fill rate, have about 33% more applicants per recruiter and are about 55% more likely to be able to report large job gains revenue. This is the new data from Bullhorn, a cloud computing company that specializes in cloud computing companies.
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Data collected from hundreds of recruiting firms across Bullhorn's global client base was collected to commemorate the 1 billion milestone in total automated tasks utilizing Bullhorn. It is also coinciding with the launch of Bullhorn's chatbot, a tool used for digital brand communication that uses automation and AI. to pass information to talents at their convenience, at any time of the day through an integration with the websites of the companies of recruitment.
According to the data that was analyzed, the recruitment company has been automating, on average, more than 20 thousand emails, texts, updates, notes and tasks every year. At the same time, this has saved an estimated 2.5 million employee hours. only in the year 2021, which is equivalent to releasing almost 3 hours of work per day from each recruiter.
The data collected also shows that temporary and contract recruitment companies that have users of this automation are redeploying 20% more of their talents when a task is finished. Likewise, those who use automation to communicate with talent report 20% higher click-through rates as well as 30% better open rates than industry averages.
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