Being a part of a consulting firm, staffing agency, vocational school, or recruitment agency, you can very well understand the pain associated with formatting resumes manually. It might, however, ease you a bit to know that the latest technology-enabled resume formatting service can alleviate your pain to a great extent.
Bringing fully automated resume formatting services on board and integrating them with the existing ATS has a proven track record of formatting a resume in less than 10 seconds.
The only thing which consumes time is defining or customizing the template as per the company’s needs. Once the template is set and activated, resumes are formatted within the blink of an eye. The best resume formatting services are available online, office apps, and iOS apps.
Without further ado, in this article, we will go over:
- What is a resume formatting service?
- Advantages of using resume formatting services.
- Does your business need resume formatting services?
- Time taken to format a resume.
- Features of an online resume formatting service.
- Best resume formatting services in 2023.
What Is Resume Formatting Service?
To put it simply, resume formatting is just customizing the candidate’s resume into a client-presentable format or as per your company requirements. Resumes are standardized based on your company or client requirements.
The HR department usually needs all the candidate resumes in a particular format. All this is adhered to either manually or using software that confirms that each resume is compliant as per the required format.
This should not be mistaken as a design issue as it is just a process by which the resume information is displayed uniformly.
Are You Still Formatting the Resumes Manually?
As per a survey conducted by the Eremedia group, it was concluded that it might take around 15-35 minutes for a recruiter to format a resume. On average, a recruiter submits at least four resumes per day. Sometimes, resumes are sent as is to the client because the recruiters don’t have time to format them. This often leads to a rejection of the candidate.
By having a look at some hiring statistics based on the survey, you will be able to understand the recruitment funnel better:
- Around 1000 candidates see a job post as soon as the job is posted to an online job portal.
- Out of 1000, only 200 will begin the application process.
- 100 candidates will complete their application process, and the rest will leave the process midway.
- ATS screens 75 resumes out of 100, leaving behind only 25 eligible resumes.
- The hiring manager will see those 25 resumes, and only four to six candidates will be called for an interview.
- One to three candidates will clear the initial rounds to be called for the final interview round.
- One candidate is chosen. Unfortunately, around 20% of those offered a position do not accept.
- These numbers are quite surprising but true!
A hiring manager wants a professional-looking, cleanly formatted resume. After all, a lot depends on the first impression. The software available today easily integrates with the internal staffing agency software and helps streamline the submissions.
Advantages of Resume Formatting Services
The main advantage of a resume formatting service is that a lot of time and energy is saved. Have a look at some of the other important tasks which can be done in the time saved to improve the bottom line of the organization:
- Increase in the number of clients.
- Writing more detailed job descriptions.
- Spending more quality time with candidates.
- Getting faster submissions.
Here’s what this actually means: