Top 10 recruiting metrics for 2015

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Greg Schneid – Area Sales Director Top 10 Recruiting Metrics for 2015

Transcript of Top 10 recruiting metrics for 2015

Greg Schneid – Area Sales Director

Top 10 Recruiting Metrics for 2015

About the Presenter

Greg Schneid is the Area Sales Director for the Western United States. With years of experience in HR software, he is always trying to further educate himself on the latest trends and technology. He and his team are dedicated to being helpful resources for companies looking to improve their current HR technology or adopt new. He is located in the HRsmart headquarters in Richardson, TX but often travels to industry tradeshow and to visit clients. When not working, he enjoys spending time outdoors and either watching or playing sports.

How to Determine Deficiencies

Effect on Talent Strategy

Getting Started

Next Steps

Top 10 Recruiting Metrics

Agenda

Poll

Which of the following are you currently measuring?

Time to Start

Sourcing Channel

Cost per Hire

Retention Rate

None of the above

Poll

What about these?

Quality of Hire

Pipeline of Talent

Applicant Satisfaction

None of the above

Poll

And these?

Qualified Applicants per

Requisition

Offer Acceptance Rate

Recruiter Efficiency

None of the above

Time to Start

Measure of efficiency

Varies by job level or role

Benchmarks –Educate yourself!

Sourcing Channel

Work smarter, not harder

Where do you find the best candidates?

Social media vs. job boards

Cost per Hire

The metric for executives

Hard costs vs. soft costs

Job boards

Relocation

Recruiter Labor

Agency Fees

Advertising Costs

Referral Bonuses

Travel Expenses

Additional Staffing Costs

Retention Rate

Quality of Hire

Recruit Candidate

Onboard & Develop

Ongoing Assessments

Pipeline of Talent

Candidate pools

Being proactive vs. reactive

ABR – Always be recruiting!

Applicant Satisfaction

Setting expectations

Onboarding & continued development

New hire surveys

Team effort

Qualified Applicants per Requisition

Benchmarks based on job level

Candidate quantity ≠ strong pipeline

Pre-screen all applicants

Offer Acceptance Rate

Market your brand and culture

Everyone wants the good candidates

What makes you different?

Recruiter Efficiency

Number of open requisitions

Time to fill requisitions

Number of requisitions filled

What This Means for Your Strategy

Use all 10 metrics!

Admit deficiencies

Get buy-in based on this knowledge

Ask Yourself

Is your organization working towards smarter analytics with metrics like these?

Does this fit into your 2015 strategic initiatives?

Getting Started

Demo

Questions

Learn More!

• Getting the Most Out of Applicant Screening Tools

– www.hrsmart.com/webinars/live-webinars

• Visit our blog, Thought(ful) Leadership

– www.blog.hrsmart.com