Recruitments Services Industry falls under the top ten fastest growing industries around the world. In current times small to big corporations are dependent on the Recruitment Agencies in search of reliable and efficient human resource of all types, right from full time to part time and even on contracts. Statistics from the previous year’s progress suggests that there has been a fair growth of overall 10% in the recruitment market globally. Although many things have changed, but the customs and processes remain similar since the age of physical recruitment systems inception.
The internet era has seen a huge shift in the previous process of applying for jobs physically through newspaper to the current digital times. Where even a right tweet via twitter or a good connection in LinkedIn could land one on the job they have been dreaming of. This remains the interface of the overall process but the backend of the recruitment, scrutiny and the on-boarding compliances are still dealing with the physical documentation which is time taking, confusing and expensive.
Apart from making recruitment and orientation a tedious process, physical documentation is a patch of old times on the face of modern processes. Which has moved signing each and every document to Electronic Signatures for Recruiters. There are many solutions which are integrated with the Electronic signatures in the recruitment process to make the complete task easier and quicker for both the recruiters and recruits.
HR Professionals using eSignatures is trending now a days as it streamlines the whole recruitment process, saving time and money while making candidates work faster and better.
Another advantage of the eSignatures in recruitment industry is its environmental friendliness. It reduces and moreover removes the use by making recruiting, on-boarding and other relevant activities paperless.
Digital workflow caters to a whole new array of advantages such as making it error-free thereby ensuring better compliance and authorization. The experience of every stakeholder is positive and also meets the overall demand of the global recruitment industry.
Here are a few ways in which in-house and recruitment agency can implement eSignatures for making their recruitment, compliance and authorization processes better:
- Offer Letters, Contracts and Bonds
- Terms and Conditions of business between agency and organisation
- Employee Handbooks
- Authorization forms for Payroll and Direct Deposits
- Enrolling for Pensions
- Managing Timesheets
Using the eSignatures in the recruitment industry has reduced the process of printing, signing, scanning, mailing, etc., and simplified everything in between. Digital Onboarding has made it easier to ensure compliances and apply without a hassle.
Usually the copies of contract and terms of business are circulated seeking the response from clients. With the help of eSignatures it is simpler for everyone and no more lengthy documents are printed just for maintaining formality of the documentation.
New recruits and existing employees need to refer to the complete employee handbook to ensure that they have read it. In digital format the employee can read and digitally sign the document by ensuring that the document has been read and signed after understanding it.
The eSignatures in the recruitment system also aims to update the employee details for payment to their respective bank accounts. The system keeps record of the due information and ensures that every employee receives their salary on time on their first pay-out.
The system also ensures that the employees are enrolled for pension under the government norms thereby streamlining administration and ensuring better compliance for the pension system.
Electronic Signature system in recruitment is an example of a good manager who keeps a track of all your resources and their huge timelines while maintaining every information required to ensure better performance and appraisals with time and results.
Sigplex offers a wide range of technology solutions for every business industry and eSignature for Recruiting firms has been a remarkable product which has resulted in the best client satisfaction ratio. It has streamlined 100s of businesses saving them millions from their overheads with better cost and efficiency.