Transforming Your Talent Acquisition Reporting Process

Copyright © 2016 Sourcingology. All Rights Reserved.

Transforming Your Talent Acquisition Reporting Process


Overview of the Talent Acquisition Department


DIRECTORIn charge of all Employees

SENIOR MANAGERHelps to oversee all the Team Managers

TEAM MANAGERManages all Employees on their Team

RECRUITERCalls Candidates

COORDINATORSchedules Interviews/Offers

SOURCERFinds the Candidates

Generic Talent Acquisition Job Responsibilities…


Director

Senior Manager

Team Manager

Recruiter Recruiter

Recruiter Coordinator

Sourcer

Team Manager

Recruiter Recruiter

Coordinator Sourcer


Candidates

Calls

Interviews

Offers

Hires

6760

867

463

129

128

2. Current State

4. ROI

3. Future State

1. Goals


5. Next Steps


Questions that need answers…


What quantity of candidates have I found/called?

What is the quality of my candidates?

What stage do my candidates reach in the process?

What are the goals that I should meet/exceed?

What defines success as an employee?

Individual Contributors want to know…


What’s my teams performance?

What goals should I set?

Who is/isn’t meeting the standards?

How much time does it take to get feedback?

What changes need to occur to satisfy my stakeholders?

How do I drive an increase in productivity?

Management wants to know…


How do we report on these questions?


Data Feed 1 Data Feed 2 Data Feed 3

Centralized Data from Multiple Queries/Systems

Complete Picture of your Talent Acquisition process

2. Current State

4. ROI

3. Future State

1. Goals


5. Next Steps


What does our current reporting process look like?


Individual Contributors want to know…

What quantity of candidates have I found/called?

x What is the quality of my candidates?

x What stage do my candidates reach in the process?

x What are the goals that I should meet/exceed?

x What defines success as an employee?


Management wants to know…

What’s my teams performance?

x What goals should I set?

x Who is/isn’t meeting the standards?

x How much time does it take to get feedback?

x What changes need to occur to satisfy my stakeholders?

x How do I drive an increase in productivity?

2. Current State

4. ROI

3. Future State

1. Goals


5. Next Steps


Future State Goals…

Current State Future State

Manual Reports Automated Reports

Manual Data Exports Eliminate Exports

Manual Lookups Eliminate Manual Lookups


What does our future state reports look like?


Report #1: Productivity Dashboard


Report #2: Productivity Email Report

WEEKLY REPORT

MONTHLY REPORT

Can also produce Quarterly, Yearly, and any Date Range Reports as well


Report #3: Open Requisition Dashboard


Report #4: Previous 6 Month Rolling Production Reports

2. Current State

4. ROI

3. Future State

1. Goals


5. Next Steps


What is the return on investment for this implementation?


1. Decrease time to fill

2. Identify bottlenecks in the process

3. Perform root-cause analysis

4. Increase quantity and quality of employee output

5. Custom reports to meet your business needs


Cost Benefit Analysis…

Goals Time Savings Cost Savings

Reduce Time-To-Fill by 1 Day(Productivity Increase + Reduction in Bottlenecks)

- $1,643 per Day **

Eliminate Manual Report Running 30 Minutes per Day $12 per Day ++

Eliminate Manual Lookups 15 Minutes per Day $6 per Day ++

** 121 Jobs per Year (0.547 Jobs per Business Day)1 Day Reduction in Time-To-Fill allows for 24 more Jobs (1/5th of Jobs Per Year)

24 Jobs * $15,000 (placement fee) = 360,000 ProfitWhich equals $1,628 per Business Day

--

++ based off of Average Salary of $50,000


Cost Benefit Analysis…

Goals Time Savings Cost Savings

Reduce Time-To-Fill by 1 Day(Productivity Increase + Reduction in Bottlenecks)

- $1,643 per Day

Eliminate Manual Report Running 30 Minutes per Day $12 per Day

Eliminate Manual Lookups 15 Minutes per Day $6 per Day

ESTIMATED ADDITIONAL PROFIT: - $363,978 per year

2. Current State

4. ROI

3. Future State

1. Goals


5. Next Steps


Schedule Meeting by Next Week to discuss:

Approval of Reporting Project

Data Feeds (Candidate Report + Requisition Report)

Data Delivery (FTP, Email, Web Query, API Integration)

Data Housing

Approved Dashboards, Reports, Visualizations

Employee Training & Adoption

Next Steps…

THANK YOU.

Transforming Your Talent Acquisition Reporting Process

Data & Analytics

Transcript of Transforming Your Talent Acquisition Reporting Process