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The New Recruiting Metric: First Year Retention

UpstartHR

Today I want to talk about first year retention, a measure that I believe is going to continue to grow as a recruiting metric, even though many companies wouldn’t consider it even remotely linked to recruiting as of today. Using a metric like first year retention as a recruiting metric provides a more well-rounded picture of just how well it is actually being performed.

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HR Metrics – Connecting Goals to Organizational Strategy

New to HR

Human Resource Metrics are a crucial way of analyzing the successes and failures of your department’s outreach, influence, programs and processes. Allow your metric data to guide you financially and highlight your best talent, serving as proof of your impact and a record of progress. The post HR Metrics – Connecting Goals to Organizational Strategy appeared first on New To HR.

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Five Awesome Recruitment Metrics for Tech Innovation Success (How to Link Workforce Metrics With Business Outcomes, Part One)

Visier

The first in a four-part series on linking workforce metrics to business outcomes, this post looks at five indispensable recruitment optimization measures that will help you move the needle on tech innovation — without breaking the bank. An overfocus on these metrics leads to hiring that is faster, cheaper…and (from a talent quality perspective) typically worse.

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Kyle Lagunas on Why Talent Teams Aren't Tracking Recruiting Metrics

Entelo

Kyle Lagunas, talent acquisition research manager at IDC , pointed out that no recruiter is going to claim recruitment metrics aren't important. Lagunas recently did research on the general attitudes and practices around recruitment metrics coverage by talent acquisition teams – in short, an area that's more so preached than practiced. Recruiting MetricsThe rationale for "Why?"

The definitive guide to choosing the right applicant tracking system

experience • Integrated background checks, drug screens & pre-screen assessments • Robust workflows and comprehensive dashboards Recruiting software typically refers to technology that is used by recruiting. What metrics does the vendor have. Choosing The Right ATS The definitive guide to choosing the right applicant tracking system Introduction ATS for Employers v.s. system.

Presentation: Exploring the Top 5 Talent Selection Metrics for HR

Outmatch

What if a change to your metrics paid off in improved qualify of hire, return on hire, and candidate pipeline size? Explore the top 5 talent selection metrics with Cam and Greg to learn: How to identify the value of your late-stage screening tools. Fill Out the Form to the Right to View the Webinar Recording: Exploring the Top 5 Talent Selection Metrics for HR.

The Results of Our HR Metrics Best Practices Survey Are In!

HR Daily Advisor

The HR Daily Advisor’ s HR Metrics Survey, conducted in April 2015, sought to gain a better understanding of how metrics are being utilized in the field of human resources. Does HR use metrics to gauge its own performance as a department? What metrics do respondents find to be the most useful? Cost-Per-Hire, Time-to-Fill, and Quality-of-Hire Metrics. 57.9% 13.2%

7 Survey Lessons For Employee Engagement

Outmatch

Employee Screening Hiring Feedback HR Metrics HR Thought Leadership Management turnover WorkforceAccording to Gallup, companies with highly engaged employees have 3.9 times the earnings per share (EPS) growth rate compared to organizations with low engagement scores. The message? Count The Ways. He shares the following lessons on the subject of employee engagement.

How to Use Google Analytics to Measure Mobile Recruiting

ExactHire HR Trends

Initial Questions for Mobile Recruitment Metrics. There are myriad ways to splice and dice data, but it isn’t going to be productive for you or your organization’s mobile recruiting efforts unless you look at metrics that matter and customize them to your needs. Bring additional, essential context to the aforementioned metrics by examining them from a conversion standpoint.

Employer Branding Ebook

to screen for the right candidates, proving the typical text job ad doesn’t. DON’T GET TOO EAGER OR DISCOURAGED BY EARLY METRICS. DO MAKE YOUR CASE TO THE POWERS THAT BE DO DEFINE METRICS FOR SUCCESS AND TRACK THEM. Are you measuring success/tracking metrics. (on 1Employer. Branding 101 Everything you ever wanted and needed to know about. Um, Yes. glass doors. Marriott.”

‘Time to Fill’—Worst Metric Ever?

HR Daily Advisor

Since “Time to Fill” is a metric determined by how much time hiring managers (HMs) take to fill a position, it’s a terrible measure of recruiter productivity. Sourcing and Screening. Lack of screening questions. Perform on metrics that matter, such as speed and quality. uses to help recruiters understand how much influence others have, particularly HMs.

6 Ways to Prep Your Team for the Post-Screening Interview

Entelo

Time to hire need not be the be-all end-all metric to determine the team’s successes, but leaving candidates in the dark with an interview process spanning over four weeks only encourages them to look for something new. Bring up red flags you picked up from the phone screening. Assessing good work and culture fit in the span of a few hours takes a keen, organized approach. Follow up.

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Recruiting Metrics that Measure Greater Company Health

Entelo

Indulge me in my assumption that you've spent a not inconsiderable amount of time trawling the blogosphere for advice on recruiting metrics. And while recruiting metrics are a great way to execute some internal PR and demonstrate your worth, I will implore you to think bigger about the utility of recruiting metrics. Recruiting MetricsReferral Rate. Offer Acceptance Rate.

Prepare Your Questions For #HRTechWorld and #HRTechConf

In Full Bloom HR

Anyone remember screen scraping? One of my favorite metrics for linking what HRM does to organizational outcomes is to calculate the average contributions to revenues and profits of each FTE worker (so both employees and contingent workers). If you don’t ask the right questions, you sure as hell won’t get useful answers! and helped as many as I could directly.

Framing the Recruiting Work You Do For Hiring Managers In a Single Sentence.

The HR Capitalist

If your recruiting/talent metrics do anything, they should provide line of sight to how things are going. When you''re reporting on your own recruiting shop''s effectiveness, there are a lot of ways to do metrics. Many of the metrics that people want to report on take you deep into the weeds. Need an overview/executive summary metric that makes sense?

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6 Key Talent Acquisition Cost Reduction Metrics

Cielo HR Leader

There are six talent acquisition metrics that all organizations must track to identify where costs can be reduced and where improvements can be made to protect revenue, improve efficiency and increase quality of hire. This metric should be tracked by job category, recruiter and hiring manager. Time-to-Fill. Extended time-to-fill often stems from a lack of clarity with hiring managers.

Analyzing ROI on Your Background Screening Program

Aurico

Other corporations judge pre-employment screening as a collateral expense. Any company can quickly start to question if background screening is really worth it. How much actual dollar value does a background screening program deliver? HR needs the knowledge and tools to interpret the benefits and gains from pre-employment checks, post-hire screening, drug testing, and a host of other assessments. This is where your background screening provider can make a healthy contribution to your bottom line. Background Screening Hiring Pre-Employment Services

HCMx Radio: Quality of Hire is the Most Important Metric

Brandon Hall

Brandon Hall Group’s recent research reported that quality of hire is the most important talent acquisition metric for 92% of organizations. The post HCMx Radio: Quality of Hire is the Most Important Metric appeared first on Brandon Hall Group. However, companies still struggle with finding talent and, most importantly, the right talent. There is an art and science to both.

Looking Ahead: Background Screening Trends

Aurico

Heading into the second quarter of 2014, conjecture for the remainder of the year ahead in the background screening industry is inevitable. Each year, HR professionals request millions of background screens and drug tests to support critical business hiring decisions. That is why over 3,500 customers globally have chosen Aurico as their background screening and drug testing provider. As a metric driven platform, WebACE™ synthesizes information to interpret HR performance, productivity, and talent acquisition trends. Since 1991, Aurico Reports, Inc.

Infographic: 7 Building Blocks of Hiring Success

Outmatch

How to leverage quality of hire metrics to improve your screening tools. Building a successful hiring process is all about structure. Just like a builder needs a blueprint, you need a repeatable, scalable hiring plan. That way, you can ensure stability in your organization and count on a successful outcome each time you hire someone new. Ready to get started?

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What’s Your Recruiting Personality? [QUIZ]

ExactHire HR Trends

From recruiting analytics and compliance reporting to social media and screening, this entertaining yet informative quiz will use your answers to ten short multiple choice questions to point you in the direction of your most prominent recruitment personality type. Whether you’re happy managing metrics, driven by social shares or energized by candidate conversations…there’s a recruitment role that speaks to your passion. Looking to get into the recruiting profession? Or, maybe you’re already a seasoned pro but just want to better identify your true recruiting strengths?

10 Ways to Make Good Hiring Decisions Out of Bad Decisions

Aurico

After all, one of your key performance metrics is Time to Hire, and moving ahead with an offer quickly makes your productivity on paper skyrocket. Simply put, the proper background screening provider can save you from making the wrong hiring decision, improve your bad hire rates, and reduce costs. A good background screening provider can offer you depth and breadth of products to help. Guidance and support to build and manage a legally compliant hiring program, should be available through your background screening provider. Skip the research. Spotlight the research.

Credentials? Sure, I Have Three Degrees (Wink, Wink)

HR Daily Advisor

Read the latest HR Daily Advisor research when you purchase HR Metrics Best Practices and receive our HR Technology Trends premium report free of charge. HR metrics and HR tech go hand-in-hand. For a limited time, get our premium HR Technology Trends research report for free when you purchase our latest report, HR Metrics Best Practices. Recruiters beware! Learn More.

How to Transform Talent Acquisition in Asia Pacific Through RPO

Cielo HR Leader

Success should be defined not just by vacancies filled but major metrics like Quality of Hire, Time-to-Fill and Hiring Manager Satisfaction. Candidate screening. Singapore-based experts Kumar Bhaya, Business Development Director, and Paul Daley, Senior Vice President, recently shared their insights into the Asia Pacific market in the webinar “How to Transform Talent Acquisition in Asia Pacific Through RPO.” They explained what factors should go into the build vs. buy decision. They know what strategies work best in what is one of the world’s most important and emerging markets.

4 Guidelines for Optimal Job Application Conversion Rates

ExactHire HR Trends

Smaller screens make lengthier applications appear even more intimidating and stop potential applicants in their tracks. Mobile-friendly jobs site – make sure your careers portal is developed with responsive web design so that your employment application automatically adjusts to the size of the screen on which it is viewed. So what gives? percent.” desktop – 9.23%.

Average Time to Fill = 42 Days according to SHRM Survey – So What ?

HRchitect

Thus for the purposes of this discussion, I will use my definition of the “time to fill” metric which is the point at which no one is performing the job to when a person arrives at work to perform the job. In my opinion, the “filled” metric is an “HR Feel Good” metric. Is it a metric that is relevant to the business?

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A new way to measure the return on your wellness program investment

HR Morning

As a result, employers are turning to another metric to gauge the overall success of their wellness programs. . The latest wellness metric to gain some traction among employers: Value On Investment (VOI). One of the biggest of criticisms of workplace wellness programs is the fact that it’s difficult (if not impossible) to determine the dollars-and-cents Return On Investment (ROI).

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6 Ways to Prep Your Team for Post-Screening Interview

Entelo

Time to hire need not be the be-all end-all metric to determine the team’s successes, but leaving candidates in the dark with an interview process spanning over four weeks only encourages them to look for something new. Bring up red flags you picked up from the phone screening. Assessing good work and culture fit in the span of a few hours takes a keen, organized approach. Follow up.

Why Candidate Segmentation is the Ultimate Recruiting Hack

Entelo

Candidate segmentation is particularly effective because it allows you to identify points of failure, refine conversion metrics for each hiring stage, measure overall recruiting efforts, and individually gauge pipeline health for each segment. Stage 2 is the phone screen, stage 3 is the first interview round, stage 4 is the second interview round, and the final stage is the offer.

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Measuring Recruiting’s Impact Beyond Source of Hire

Workology

Susan LaMotte, CEO and founder of exaqueo, doesn’t hang her hat on a source of hire metric either, but instead looks at “source of influence.” So, why no love for the source of hire metric? Look at the giant pool of applicants that did not move through the process to recruiter screen, hiring interview, or offer.”. But do all of these dollars add up and make sense? “I Mindblown.

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How HR Can Tackle Diversity Using the Rooney Rule

Visier

Here are a few demographic metrics you should be monitoring: 1. Metric to watch: Diversity of interviewed candidates. If you’re seeing low numbers, this may be a sign that you need to re-evaluate your sourcing channels, and/ or screening tools. Think about using new channels or revamping your screening approach to bring in more candidates with a more diverse background.

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The Employee Referral Strategy That Will Burst Your Hiring Pipeline

Entelo

When you set the success metric as the hire, you limit your team to think only about that single stage of the hiring cycle. If you want to make offers, you need on sites, and if you want on sites, you need phone screens. Although she might be worth a phone screen, I have no incentive to present her as a candidate if I think that's as far as she can get. Offer made: 20 points.

Everything #HR Needs to Know About User Experience (UX)

HR Bartender

Rooted in design engineering disciplines, UX is a careful mixture of art and science that focuses on using objective metrics from real end-users to help drive design decisions. Martin] UX is focused on using objective metrics including both qualitative and quantitative evaluation methods. One of the words I’m trying to banish from my vocabulary is “easy.” It’s actually very complex.

Three Trends Changing The Way Of The Recruitment Industry

TalentCulture

And, according to LinkedIn’s 2015 Global Recruiting Trends report, quality of hire is the most valuable hiring metric, followed by time to fill. Both one-way and two-way video interviews enable participants in various time zones and locations to connect on a more personal level, during the screening and interview process. Where is the industry going? Photo Credit: Big Stock Images.

How to Recruit Top Talent and Get Them to Achieve Early Success

Halogen Talent Managment

When you take that forecast and the metrics around your current hiring process into account, you can map out a blueprint for what recruiting will look like in the next year. What are some of the key metrics to measure the impact of that strategy? As we get closer to the end of 2016, we realize HR professionals are starting to plan for the year ahead. Discover more recruiting insights.

4 Considerations for Your Mobile Recruiting Mix

ExactHire HR Trends

To expedite the process for employers, some job boards offer a pared down version of screening questions and therefore a means for candidates to “apply” to an organization’s positions right on the job board, itself. Nevertheless, this may be inconsequential if an employer only wishes to gather basic information at an early point in the screening process. RWD Benefits UX.