To Succeed at Talent Acquisition, Go Beyond Your Applicant Tracking System
JANUARY 26, 2017
The average cost of a poor hiring decision can equal 30% of the individual’s first-year potential earnings — not just from the turnover, but also l ower productivity, a damaged employer brand, lower employee engagement, and higher manager time spent on mitigating underperformance. Although many ATS vendors include analytics that attempt to measure applicant quality, they are at an inherent disadvantage. Worst of all, they stop tracking at the point of hire.