The Employment Services industry is one of the top ten fastest growing industries in the world. Now more than ever, companies are relying on staffing agencies to source temporary and full-time, direct hire workers. In 2012 alone, Staffing Industry Analysts estimated the global staffing market to be worth approximately $406 billion with a 9% growth over the previous year.
Despite the epic growth of the industry, many of the customs and processes of the staffing business have remained the same since William Kelly started the first staffing company – Kelly Services – in 1946.
The advent of the internet somewhat helped to digitize the process of recruitment as candidates switched from applying for jobs through newspapers to applying through job boards and sites like LinkedIn and Twitter. However, the backend processes of guiding the candidate through the whole gamut – application all the way to eventual onboarding — have remained paper based, time-consuming, confusing and costly.
Recently, the tide has shifted. Staffing companies and larger HR departments look towards electronic signing procedures to speed up the recruitment process and get workers onboarded faster. Companies like TargetRecruit – who provide an ecosystem of recruitment related apps for staffing companies and HR teams – use electronic signatures to streamline the recruitment process, save time, reduce costs and get candidates to work faster.
Electronic signatures help recruiters make their core activities like hiring, on boarding, and other functions paper-free. Digital workflow offers a full spectrum of advantages like cutting registration time and errors, as well as enabling compliance. Overall, the experience is 180 degrees in a positive direction for all parties. Services like TargetRecruit are available in multiple languages and easy to integrate with HRIS solutions, thus helping meet the recruitment needs of global enterprises.
Reena Gupta, CEO of TargetRecruit says it all: “Electronic signing solves a key problem in the staffing industry where paper resumes and printed onboarding documentation remain the standard method of information collection. DocuSign enables TargetRecruit to provide an easy to use all-digital solution for the staffing industry that saves clients time and money while increasing productivity.”
Pain points effectively soothed. Wouldn’t you say it’s time to retune the HR and Recruiting agency to play a digital beat? Paper has enjoyed 68 years in the industry. It’s time for a change and TargetRecruit is ready to sound the charge.