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How to measure the ROI of your HR software

PeopleStrategy

While the business case points you in the direction of what to measure, you need to decide on the right metrics – what data will you use to determine the improvements? Or, specific process metrics, such as recruitment metrics (e.g. time to hire, source of hire, and offer acceptance rate).

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How to Build a High-Impact Recruitment Pipeline

Peoplebox

Track Recruitment Metrics You should keep track of several recruitment metrics while building a recruitment pipeline. Like, Time to hire: Time to hire is an important recruitment metric for every company, including staffing agencies. Formula: Nature of hire = No.

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Guide to Develop a Talent Acquisition Strategy

Peoplebox

The US Chamber of Commerce once said, “Diverse and inclusive businesses outperform their homogeneous competitors in innovation, employee retention, talent recruitment, profit, and many other business metrics that lead to long-term growth.” It reduces your applicant review time by 90%. Analyzing data lets you track your hiring process.

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Guide to Developing a Recruitment Plan

Peoplebox

Repeat the same feedback collection process 30, 60, and 90 days after hiring. 6 months, 1 year)) Cost per Hire Hiring Manager Satisfaction Every quarter check in with your recruitment teams, and inform the management and leadership team on the status. Here is a small infographic that summarizes the ten steps.

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Boost Your Offer Acceptance Rates with 5 Easy Steps

Paycor

The field of recruiting and hiring is filled with metrics. Time to hire, cost to hire, days to offer, qualified candidates per opening, retention rates, sourcing channel… the list goes on. However, these numbers mean nothing if you can’t convert on one key metric – offer acceptance rate.

eBook 40
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HR Quarterly Business Review Template

Peoplebox

What HR metrics should I include in my QBR? The QBR template includes space for common metrics like employee turnover, recruitment costs, time-to-hire, and employee engagement scores. Frequently Asked Questions about HR Quarterly Business Review Template 1.

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Does Your Talent Management Provider Offer Customized Reporting?

Hireology

You might receive a monthly report in PDF form that only includes high level metrics, such as the overall head count, new hire total and turnover rate for the entire business. Key Business Metrics. But reports such as this don’t allow you to slice and dice the data depending on your needs.