Resume Parsing : Benefits, Importance and Uses
< Return to Blogs

Resume Parsing : Benefits, Importance and Uses

Posted On: Aug 27, 2021

Throughout history, the recruitment and selection processes have undergone the most diverse changes, especially with the process of resume parsing, essential for the Human Resources sector to find the ideal candidate for the job vacancy, according to the organization's requirements.

Therefore, HR professionals need to increasingly optimize their work, to make the recruitment process increasingly agile and aligned with the company's objectives, offering maximum quality and excellence. Learning how to evaluate a resume effectively, avoiding the pitfalls of quick and misreading will surely evade wasting time in the recruitment&selection process and yield a more assertive selection.

That is why we have created this mini-guide on how to analyze resumes for you. If you are having trouble in resume parsing, or even if you just need to improve your analytics performance, here are the main steps to take to optimize your chances of picking the best talent in the market.

Importance of resume parsing

The time spent on resume screening usually takes up most of the time filling a vacancy. It takes around 40 days from the publication of the opportunity to the hiring. This ends up making everything very costly and tiring, both for HR and for the candidate.

Moreover, the worst part is with today's competitive candidate-driven talent market, top talent remains, on average, in the market for just 10 days. The number of resumes received is one of the most significant factors that increase the time to complete. An average job opening receives 250 resumes and up to 88% of them are considered unqualified, which means that a recruiter can spend hours selecting resumes for a single hire. Given this context, it's no wonder that most R&S leaders still find résumé review the most difficult part of recruiting.

Doing more with less depends on the recruiter's ability to review the resume, and figuring out how and where to effectively automate their workflow. Advances in recruiting technology have helped Talent Acquisition managers with a helping hand in this task, adding Technologies like AI-based recruiting platforms and video interviews.

Foolproof techniques for resume parsing

First screening

Although you have written an effective job description and a detailed candidate profile, you'll likely have to screen the résumés of unqualified candidates. Create a checklist of the minimum skills: experience and education are necessary to get the job done. Use this information to efficiently sort resumes into piles of yes, no, and maybes. Then you can search the filters with more nuances.

Have an AI-based recruitment tool to optimize the process

With dozens, hundreds, and even thousands of resumes received by your company, it is impossible to adopt a manual selection model, right? Therefore, one of the infallible techniques to optimize resume parsing is through the implementation of a good AI-based recruitment tool for the process.

Through AI technology, it will be easier to select resumes coming from different funding channels, filtering by keyword, profile, and education level, and gathering them in a database. This will allow HR to focus on the later steps that are crucial to hirings, such as behavioral and technical testing, interviews, and more.

Pay attention to the use of keywords when analyzing resumes

More experienced job seekers know that recruiters and AI-based recruiting software use “keywords” during an initial review of resumes to help filter out unsuitable candidates. That means you are likely to see these keywords popping up even when they have nothing to do with the skill set you are looking for. In this case, watch out for this little fraud.

Try to find candidates with notable (and ideally measurable) accomplishments in specific areas that are relevant to the position you are offering. Remember, to know what you are looking for, you need a good job description that describes the candidate's roles and requirements.

Look for the activities performed

Another point of attention when analyzing resumes are additional activities, such as volunteer work, extra courses, projects, and participation in events in the professional area. These activities can indicate a professional focused on continuous learning and motivated to explore new challenges.

For instance, if HR is looking for a professional with an innovative spirit, an excellent indicator would be the fact that courses held in technology centers are included in the curriculum, as well as participation in innovation marathons.

Benefits of resume parsing

Among the numerous advantages of an efficient resume analysis, we can mention:
  • Selection of the best candidates to hold internal positions;
  • Empowerment of the selection process; Agility in hiring;
  • Creation of a culture aimed at identifying and inserting talent.

Anyway, in the corporate world, there are many high-performance professionals. To find them, companies use many strategies to attract candidates, but resume analysis remains one of the most important.

By following the tips and suggestions given in this article, it will certainly make it easier for the organization to implement this practice. The result will be a productive and engaged internal team, taking the business to new heights in the market.

Other Blogs you may be intereseted in