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How To Link Recruiting Metrics To Business Outcomes

Cornerstone On Demand

According to LinkedIn's 2017 Global Recruiting Trends Report , "quality of hire" is the top recruiting metric that hiring managers care about—and for good reason. Employees are your most valuable resource, and with 40 percent of today's Fortune 500 companies predicted to go out of business over the next 10 years, hiring the right people is crucial for your survival. And, on a more basic level, people want to work with great people.

The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Personally, I’m a big fan of the cost per hire metric. Back in 2012, the Society for Human Resource Management (SHRM) worked with the American National Standards Institute (ANSI) to create a uniform standard calculation for cost per hire (CPH). Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period. According to SHRM, the average cost per hire in 2016 was $4,129. If you know how to use them.

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Key HR metrics: The most important metrics you should track

Workable

HR metrics measure how effective the results of your HR operations are, including elements such as employee retention and recruiting. That’s why they’re a great ally to your job as an HR professional – because they’re a way of identifying issues you didn’t know existed or pinpointing problems. But, your time is limited and you probably can’t track every metric in the book. So what are the key HR metrics that should be part of your standard HR metrics dashboard

How to improve your recruiting process

Workable

Refined recruitment processes are efficient, productive and pleasant for both candidates and hiring teams. Here are a few ways to improve your recruiting process: Craft clear and attractive job ads. Work with your company’s hiring managers to create job descriptions that: Provide useful and specific details about open roles. Distinguish between “must-have” and “nice-to-have” requirements so as not to discourage candidates who could learn secondary skills on the job.

Five Recruiting Tips to Increase Diversity in the Workplace

TalentCulture

A new Deloitte survey finds companies’ interest in diversity in the workplace is focused on bias in recruiting and the use of new tools to reduce this bias. 68% of companies they surveyed measure and monitor diversity and inclusion in their recruiting. The appeal of diversity in the workplace is recognized by both sides of the recruiting equation. To help you capture this competitive advantage, here are 5 recruiting tips for increasing diversity in the workplace.

How to be a successful recruiter: Advice for each hiring stage

Workable

That could be the shortest job description for a recruiter. But a glimpse at a recruiter’s typical agenda shows that their day-to-day tasks are not as simple as you might think. Here are recruiters’ top responsibilities broken down by stages of the hiring process, along with advice on how to be a successful recruiter at each stage: At the beginning of the hiring process. Be consultative, especially to less experienced hiring managers.

How to maximize user adoption of your ATS

Workable

Prioritize these key attributes when choosing an ATS to ensure user adoption among your employees: An intuitive ATS interface. Users may not have time for extensive ATS implementation training and could get weary of a hard-to-learn tool. It ensures that users will be able to understand how the system works with little effort. You can determine whether an ATS is intuitive if its users can: Learn how to use and implement it without much training or guidance.

How to Turn Your Employees into Brand Advocates

TalentCulture

Empowering employees to publicize and promote your organization as a brand advocate can give you a clear edge in the war for talent, experts agree. The recent trends toward marketing employer brand and leveraging social recruiting have opened up the possibilities of expanding engagement with passive talent and allowing employees to become an essential part of the mix. ” Done right, this can be a profitable way to attract talent. Those stories are recruiting gold.

How to build a social media recruitment strategy: An FAQ guide

Workable

Social media sourcing involves using social networks to identify, attract, engage and hire potential candidates. Recruiters use social media sourcing to build talent pipelines for future roles and engage passive candidates who haven’t applied for current openings. Here’s everything you need to know about how to use social recruiting to build a strategy that meets your hiring needs: Intro to social media recruitment: Analyzing the data.

21 HR tools designed for growing companies

Workable

Finding HR software that meets your company’s individual needs is tricky – options are abundant and each software has its merits. To aid your search, we assembled a few promising tools for some of the most important HR techniques, like recruiting, performance management, employee training and employee engagement. Streamline your recruiting. Recruiting is a multi-layered function that calls for a variety of HR software.

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Recruiting methods FAQ: A guide to terms and strategies

Workable

Effective recruiting translates to great employees who help your company succeed. To guide you to set up or revamp your hiring process, we answer frequently asked questions on basic and advanced recruiting terms, methods and strategies: Basic terms and methods. What is the “recruitment cycle”? What is “full-cycle recruiting”? What is “e-recruitment”? What are the steps of the e-recruitment process? What are recruiting metrics?

Hiring process FAQ: A guide to structured recruitment

Workable

The hiring process involves various stakeholders, methods, tools and metrics. Understanding how it works is the first step toward hiring great employees. Here are some frequently asked questions about the hiring process and tips on how to make your hiring more effective: Structuring the hiring process. What are the typical steps in the recruiting process? How should we manage hiring process workflow? What is the average time to fill?

4 Ways to Centralize Event Recruiting on Decentralized Teams

Yello

According to the Society of Human Resource Management , 12 percent of large companies have decentralized HR and recruiting departments. But when each division recruits independently, it can lead to challenges at hiring events: multiple career fair booths for a single company, candidates confused by different divisions and a lack of data transparency across recruitment teams. Challenge: Business units recruit and extend offers to the same candidates.

Why are you still using hiring spreadsheets?

Workable

But when it comes to tracking a high-stakes investment such as hiring, many companies still rely on a disjointed combination of email and Excel, rather than specialist recruiting software. You forward it on and exchange emails with colleagues to get feedback. A few days later you wonder what happened to it. What happened to the hiring spreadsheet? In its simplest form, recruitment is an extended conversation between existing teams and future hires.

Campus Career Fair Prep to Make the Most of Every Event

Yello

07/12/2017 // By tracy kelly // Campus Recruiting. Between identifying campus events that pay off for your team, promoting attendance to the right student audience and selecting business representatives who will provide a positive candidate experience, career fairs can be overwhelming for even the most seasoned recruiting departments. Check these items off your list this summer, to prepare for a successful recruitment season this fall. Campus Recruiting

Everything to Know About Building a Passive Talent Pipeline

Yello

How long will the search take?” You can avoid that pit-in-your-stomach feeling by proactively building and maintaining a go-to source for the best candidates: a robust, high-quality passive talent pipeline. Learn how to grow and engage your passive candidate pipeline, to ultimately help increase quality hires and decrease time spent sourcing. Read on to understand: The passive candidate pipeline. How to grow your pool of passive candidates.

What is a Talent Community?

Yello

Finding the perfect candidate requires talent acquisition teams to employ creative ways of sourcing talent, including engaging passive candidates who may not be looking for a new position. A talent community is a top way to stay in touch with passive candidates and nurture these relationships until they are ready to explore opportunities with your company. It’s likely your team often experiences heightened pressure to find the perfect candidate, quickly.

3 Applicant Tracking Systems That Will Help You Hire Generation Z

Capterra

Gen Z is tech-savvy, socially aware, and equipped with… ahem… bullcrap detectors that can cut through brands’ attempts to pander to their needs. In short, if your company wants to hire Generation Z—and what company wouldn’t want to hire a group of independent, creative youngsters?—you you need to walk the walk when it comes to your values. How is Generation Z different from your previous hires?

The cost of replacing an employee – it’s more than you think

Workable

Cassie,” she says to you, “Joe just gave his notice. Not to mention, it means you’ll have to set aside some extra work to pull together all the resources and people needed to fill this position quickly. It’s not just because Sally needs to fill the position, like, yesterday. It’s also because the overall impact to your company’s bottom line is such that you really need to take action right away. Brenda’s going to the competition.”.

4 Steps to build your talent acquisition strategy

Hacker Earth

From managing administrative and operational functions of an organization to becoming a strategic partner, Human Resources has undergone massive diversification in its scope and role. But a lot has changed in the way HR handles this responsibility owing to the drastic changes in the business environment and the job market. Talent acquisition strategy vs. recruitment. Why is it vital to the success of your business? How to build a talent acquisition strategy.

The cost of replacing an employee – it’s more than you think

Workable

Cassie,” she says to you, “Joe just gave his notice. Not to mention, it means you’ll have to set aside some extra work to pull together all the resources and people needed to fill this position quickly. It’s not just because Sally needs to fill the position, like, yesterday. It’s also because the overall impact to your company’s bottom line is such that you really need to take action right away. Brenda’s going to the competition.”.

The cost of replacing an employee – it’s more than you think

Workable

Cassie,” she says to you, “Joe just gave his notice. Not to mention, it means you’ll have to set aside some extra work to pull together all the resources and people needed to fill this position quickly. It’s not just because Sally needs to fill the position, like, yesterday. It’s also because the overall impact to your company’s bottom line is such that you really need to take action right away. Brenda’s going to the competition.”.

Level Up Your Recruiting Like a No. 1 Best Place to Work

Spark Hire

Jen Paxton, Director of Talent at LevelUp, drops in on The Growth Recruiting Podcast and dishes on how her team built the #1 place to work according to the Boston Business Journal. You’ll learn Jen’s candidate experience strategy, goals, and the pillars to her hiring process. She also offers advice on how to get out of your comfort zone with HR technology. Get ready to level up your recruiting! 1:15 Jen’s path to LevelUp.