Wednesday, December 25, 2019
Over 98% of Fortune 500 Companies Use Applicant Tracking Systems (ATS)
Over 98% of Fortune 500 Companies Use Applicant Tracking Systems (ATS) Over 98% of Fortune 500 Companies Use Applicant Tracking Systems (ATS) Applicant tracking systems, or ATS, are a type of software used by companies to assist with human resources, recruitment, and hiring processes. There are hundreds of companies developing ATS software and each system offers a different package of features. That said, ATS are primarily used to help hiring companies collect and organize large numbers of applicants.Read more What is an applicant tracking system?Job seekers interact with an ATS just about any time they submit a resume through an online form. Rather than manually reviewing each resume, recruiters and hiring managers can search for resumes based on keywords, or have the system filter or automatically rank applicants. If an ATS resume doesnt contain the right search terms or is formatted sub-optimally, it could get lost in the system.Weve known for a while thatmost companies used ATS.W e wanted to get more specific, though, so we took a closer look at U.S. Fortune 500 companies.Fortune 500 applicant tracking system usageur research began with what we already had in the Jobscan database.As part of the Resume Match Report, job seekers can enter the name of the company and application internetadresse of the job for which theyre applying in order to receive tailored resume tips. This crowdsourced data, once verified, contributes to our database of company-ATS matches. After filtering for Fortune 500, we had to do some ground work to fill in the gaps.Combining what Jobscan already had in its database with manual research of Fortune 500 companies processes, we found that all but nine Fortune 500 companies utilize an ATS of some kind in their hiring process thats 491 thatuse an ATS, or 98.2%.Jobscan research At least98.2% of Fortune 500 use applicant tracking systemsFortune 500 ATS market shareNot only were we able to find that at least 491 Fortune 500 companies use an A TS, we were able to identify which ATS was used by 482 of them. In other words, 96.4% of Fortune 500 companies utilize an ATS that we were able to identify via a variety of methods. The easiest way to identify an ATS is to look at the URL of a job listing.Heres a small sampling of the dataCompanyATSSample Job Listing URL3MWorkdayhttps//3m.wd1.myworkdayjobs.com/Search/job/AllstateiCIMShttps//careers-agencystaffcandidate.iCIMS.com/CloroxADPhttps//recruiting.ADP.com/srccar/public/Coca-ColaWorkdayhttps//coke.wd1.myworkdayjobs.com/coca-colaLockheed MartinBrassRinghttps//sjobs.BrassRing.com/TGnewUI/Search/MicrosoftProprietaryhttps//careers.microsoft.com/us/en/job/NikeTaleohttps//nike.taleo.net/careersection/10020/OshkoshSuccessFactorshttps//career4.SuccessFactors.com/career?United Natural FoodsSilkRoadhttps//unfi-openhire.SilkRoad.com/epostings/Wynn ResortsCareerBuilderhttps//application.careerbuilder1.com/wynn-rThe most popular applicant tracking systemOne thing we found is that software giant Oracle, itself a Fortune 500 company, continues to dominate the ATS market. A handful of their offerings cropped up in this list, but Taleo stood above all with a massive 30.2% market share.We noticed earlier this year that Greenhouse ATS was gaining a lot of ground in the startup and tech, but their presence wasnt felt on the Fortune 500 list outside of some subsidiaries. For example, Walmart corporate uses BrassRing for some listings, but Greenhouse for their Jet.com subsidiary. The rising star among Fortune 500 companies appears to be Workday, which offers robust human resource management services beyond applicant tracking. Second to Taleo, Workday has been gaining a lot of ground in the past year based on what weve seen in older ATS market share reports.Read MoreThe Top Applicant Tracking Systems Used by Hiring CompaniesWhy ATS matter for job seekersApplicant tracking systems are indispensable software for large organizations but can be a frustrating roadblock for job see kers. Some offer a difficult candidate experience. Some take a long time to complete. Some have rudimentary search and ranking functions that allow stellar applicants to slip through the cracks.Instead of reading through hundreds of resumes that come in for a job opening, a recruiter can opt to narrow the applicant pool by searching for keywords. These resume keywords might be job titles, hard skills, or qualifications. Even if an applicant is highly qualified for the job, if they dont have the right search terms on their resume, they might not be found.Some ATS, like Taleo, even automatically rank applicants by comparing the uploaded resume to the job description. This allows recruiters to cherry pick candidates at the top of the ranking.Read MoreTaleo 4 Ways the Most Popular ATS Ranks Your Job ApplicationIf youre a job seeker, the best way to ensure you have the right search terms and a high match rate is to study the job description and pick out the top keywords. Traditionally, t his was a manual, time-consuming process. These days, job seekers can automate the process with Jobscan.The hard skills section of the Jobscan Resume Match Report.Try it yourself here?Applicant tracking systems are a central part of the hiring process in 2018. Job seekers who understand this and react put themselves in a better position to get job interviews and offers.Hannah Craig and Etan Bard contributed to this article.
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