That moment when you realise that you have been applying for work and nobody has ever seen your CV, despite the Dear John response. Yup. Thank you ATS.
What is an Applicant Tracking System?
Put simply, the Applicant Tracking System, is recruitment software used for candidate management. For this article, we are going to focus on how it affects you as an applicant applying for a job.
An ATS serves to streamline the selection process and weed out weak and undesirable candidates by using user-defined keywords and phrases. It’s an automated process that compares each application with employers desired requirements and rates their degree of compliance.
Those CV / Resume rated highly transition to the next stage of the recruitment process. Then your CV / Resume may be seen by an actual person.
Who is using ATS?
Technological advancement continues and using ATS screening software is no longer reserved for your large corporations. Even small companies now have access to these systems and are vetting applications accordingly.
The technology is so widely used and relied on today that most of the job and CV boards out there like LinkedIn, Monster, CareerBuilder, and even Indeed, have forged partnerships with software providers to streamline data migration and allow service providers to offer better service delivery with recruiting.
Today it is estimated that more than 68% of small/medium businesses are using ATS software.
One of the leading ATS providers in New Zealand reports on its website to serve some of New Zealand’s larger business entities including retailers, financial institutions, government organisations and publishing companies.
How Does Screening Software Work?
By creating a filter, an Employer can substantially limit the number of successful applicants. Advancements in technology mean that ATS software is becoming more accurate and efficient, which tells us the selection process is becoming even more selective.
ATS software, labels blocks of information on the document. This process is called Statistical Natural Language Processing (SNLP) and forms a significant part of how your CV is read. Understanding the correct formula is crucial. Otherwise, you could confuse the screening software, generate a misreading, or get your CV ignored completely.
We know that up to 75% of candidates are stopped by ATS software before they even land an interview.