Undoubtedly, technology has revolutionised the recruitment industry. Without technological advancements such as ATS (Applicant Tracking Systems), job boards and social networks, recruiters wouldn’t be able to efficiently identify top talent, and candidates wouldn’t be able to keep up with employers and unearth great job opportunities. Advancements in technology have been streamlining recruitment as early as the invention of the microprocessor in 1971 and the introduction of the Internet in our lives. To highlight these important milestones in the evolution of the recruitment industry, Flo Software Solutions came up with this infographic to let us see how much technology has affected recruiting practices to date.
- The history of recruitment agencies began in 1941 – the challenge was to fill the gap in the workforce made by those who had gone to war.
- The 70s saw the introduction of commercial and consumer computers. In 1976, Apple launched Apple 1, one of the first PCs.
- Microsoft Word was launched in 1983, and a standard for CVs was set.
- The first applicant tracking system and electronic candidate databases come to life in early 80s.
- The first online job boards appeared in the 90s.
- While between 1990 and 2000 only 22% of applications were submitted electronically (via email or online), in 2014 the amount of electronic applications rose by more than four times (90%).
- In 2003, LinkedIn came into the market and enabled recruiters to connect with professionals and comb through candidates’ credentials and work experience.
- ‘Social recruitment’ becomes a buzzword in the 2010s, with almost ¾ of companies (73%) hiring someone using social media to date.
Recruitment is one of the most lucrative industries in the world. Without technology, it wouldn’t be as efficient as it is today. Take a look at this infographic to get a broader idea of how the evolution of technology has impacted the recruitment world throughout the years.