Applicant monitoring methods (ATS) are software program utilized by corporations to help with human assets, recruitment, and hiring wants. There are a whole bunch of ATS corporations in the marketplace and are primarily used to assist gather and set up massive volumes of candidates.
From massive firms similar to Starbucks, Nike, and U.S. Financial institution utilizing established participant Taleo, to startups like Airbnb, Venmo, and Squarespace utilizing Greenhouse, understanding how you can navigate these ATS can provide job seekers a aggressive edge.
Learn extra: What’s an Applicant Monitoring System?
Whereas we all know that almost all corporations use ATS, we needed to get a extra thorough have a look at the ATS panorama for U.S. Fortune 500 corporations.
Fortune 500 ATS analysis
Our analysis started by auditing our 2018 Fortune 500 ATS outcomes with information from Jobscan’s Resume Match Report. As a part of Jobscan’s ATS Tip function, job seekers enter the title of the corporate and their job software URL to obtain ATS-specific resume suggestions. We then cross-checked this information and stuffed in gaps by manually researching Fortune 500 functions.
Fortune 500 ATS market share
Not solely have been we capable of finding that at the very least 494 Fortune 500 corporations use an ATS, we have been capable of establish the precise ATS for 482 of them. Because of this 98.8% of Fortune 500 corporations use an ATS. The businesses that don’t seem to make use of an ATS are primarily holding or father or mother corporations, for which ATS are utilized by a few of their subsidiaries. For instance, Berkshire Hathaway’s companies embody GEICO (Taleo), Dairy Queen (SilkRoad), and United Airways (Taleo).
The best option to establish an ATS is to have a look at the URL of a job itemizing.
Here’s a small sampling of the info:
|Firm||ATS||Pattern Job Itemizing URL|
|Hilton Worldwide Holdings||Taleo||https://tas-hilton.taleo.internet/careersection…|
|Keurig Dr Pepper||iCIMS||https://uscareers-keurigdrpepper.icims.com…|
|State Farm Insurance coverage||Cornerstone OnDemand (CSOD)||https://statefarm.csod.com/ats/careersite…|
The rise of Workday
Fortune 500 corporations nonetheless use the identical 5 ATS: Workday, Taleo, SuccessFactors, BrassRing, and iCIMS. Nevertheless, over the previous few years, Workday gained plenty of floor since earlier ATS market share stories. This yr Workday has overtaken software program big Oracle’s Taleo when it comes to Fortune 500 market share. Workday, which works past applicant monitoring to supply a variety of human capital administration providers, now holds 26% market share (in comparison with 14.6% final yr) whereas Taleo has fallen behind at 21.8% (in comparison with 30.2% final yr). Mockingly sufficient, Workday was based by former PeopleSoft executives after the hostile takeover of PeopleSoft by Oracle.
Simply because Workday has exploded up to now yr doesn’t imply it’s eliminated the irritating roadblocks job seekers expertise with ATS. Twitter account @WSinking highlights the issues concerning the ATS that drives finish customers loopy, similar to efficiency points when making use of for jobs or outdated design (just like the “X” button that standard corporations would use as an in depth icon however exports to Excel in Workday).
Information grey areas
Matching every firm with a single ATS isn’t all the time potential. Many corporations make the most of a number of ATS for various divisions or listing jobs on a number of ATS throughout a transition from one system to a different. For instance, Walmart makes use of Workday for Sam’s Membership and a few company listings, BrassRing for different company listings, and Greenhouse for his or her ecommerce manufacturers similar to Jet.com and Hayneedle.
Massive Fortune 500 holding corporations don’t technically have on-line job listings related to an ATS, however their largest subsidiaries do. For instance, Berkshire Hathaway owns GEICO (Taleo), Dairy Queen (SilkRoad), and United Airways (Taleo). When accounting for conditions like this, nearly all Fortune 500 corporations use ATS.
What job seekers must know
If you’re making use of to a job at a mid- to large-sized firm, likelihood is that you just’re making use of by way of an applicant monitoring system. ATS are needed for organizations receiving functions throughout a number of job openings. Reasonably than manually reviewing every resume, recruiters and hiring managers can choose to kind, filter, or rank candidates by way of their firm’s ATS. If a resume doesn’t include the precise search phrases or is just not optimally formatted, it might get “misplaced” within the system, seemingly ending up in a black gap. Even when a candidate is extremely certified for the job, in the event that they don’t have the precise key phrases on their resume, they may not be discovered.
Some ATS, like Taleo, may even routinely rank candidates by evaluating the uploaded resume to the outline. This enables recruiters to cherry decide candidates on the prime of the listing.
Should you’re a job seeker, the easiest way to make sure you have the proper search phrases and a excessive sufficient match price to land on the prime of the listing is to check the job description and embody the highest key phrases in your resume. Historically, this was a guide, time-consuming course of. These days, job seekers can automate the method with Jobscan.