What is Resume parsing?
There has been an amazing revolution in the recruitment world since the introduction of resume parsing. “Resume Parsing is a technology that allows you to process online resumes by extracting data and then converting into structured information. This then is suitable for storage, reporting and manipulation by a computer”
How does it help the recruiter?
Recruiters can more efficiently manage electronic resume documents sent via an electric medium like Seek or via website registration for example.
Parsing allows recruiters to electronically gather, store and organize the information contained in resumes or applications.
Once the resume has been “parsed” into the database, information is easily searchable using keywords and phrases. As each resume is parsed, the program searches for these terms and words, then it only brings up the recruiters relevant resumes and applicants. It saves the recruiter hours looking through resumes that don’t necessarily have the right skill set for the role.
Work history, current address, qualifications, birth date and any other information that can be tailored by the recruiter can be extracted from the resume and added to the database. The technology is so advanced, that some resume parsing programs achieve what is called “near-human accuracy” with up to 95% efficiency.
The recruitment process has gained so much speed with the use of resume parsing; recruiters are able to offer a better candidate experience with rapid response times.
What does parsing mean for candidates?
Candidates need to change the way they apply for positions and write their resumes. More and more recruitment companies are using parsing technology as it is becoming such a fantastic resource saver and set up costs have come down, it has become standard software for most recruiters.
Candidates, therefore, need to reassess how to present their resumes. To attract the recruiter, candidates no longer need to “fluff and pretty” their resumes. Optimise the resume by adding the right terminology and relevant information suitable for parsing. This means that there is no longer a need for borders, fancy fonts or pictures. The best way to get noticed now is to submit a word doc in nice simple 11 points Arial font.
Recruiters will write a job advert based on industry keywords and criteria. Therefore, an astute candidate would search-relevant industry keywords in relation to the job and add them to the resume. This way the resume gets picked up and flagged by the parsing software.
Times have changed, it’s a fast world we live in.
Technology is everywhere. “Keyword” is the new buzzword in the world of recruitment. Is your resume parse worthy yet?