Key hiring metrics: Useful benchmarks for tech roles

Workable

You may know your own key hiring metrics like your average time to fill or how many qualified candidates you need to make a hire, but what’s the significance of these numbers? This metric is part of the overall group of metrics called recruiting yield ratios.

Key hiring metrics: Useful benchmarks for tech roles

Workable

You may know your own key hiring metrics like your average time to fill or how many qualified candidates you need to make a hire, but what’s the significance of these numbers? This metric is part of the overall group of metrics called recruiting yield ratios.

Solidifying a Competitive Advantage with Engagement Benchmarking

Ultimate Software

Few departments are exempt from regularly analyzing and reporting metrics to the C-suite, and long-term tracking of this data is invaluable. Of course, this data is even more insightful when weighed against industry benchmarks.

19 Recruiting Metrics You Should Know About

Analytics in HR

Recruiting metrics are an essential part of a data-driven hiring and recruitment analytics. However, if you would keep track of every recruiting metric you could find on the web, you’d have no time left to do actual recruiting! What are recruiting metrics? HR Metrics

Un”comp”licating Compensation - Building a Brand People Want to Work for

Speaker: Kathy Steele, CEO, Red Caffeine

Recruitment Operations Statistics and Trends: A 2020 Benchmark Report

Yello

Metrics tell the story of how your business acquires talent, the speed in which you’re able to do so, and the costs and resources involved in the process. Yello’s 2020 Recruitment Operations Benchmark Report reveals trends across multiple industries and a variety of job categories.

5 ways to use the new Qualtrics Digital CX Benchmark

Qualtrics HR

The Qualtrics XM Institute is excited to announce the launch of a new digital benchmark initiative – the XMI Customer Ratings – Digital. In fact, none of the industries evaluated received a “poor” or “very poor” rating in our core digital metric.

Industry Verticals, Organizational Cultures, and Benchmarking

ClaimVantage

In many ways, employee contributions in these industries are more easily quantified, leading to a metric-oriented culture. Many of us enjoy benchmarking tools such as those offered by IBI because there are lots of ways to slice and dice the data for comparative purposes.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals. The Benchmark Firm to Follow Is Google.

HSD Metrics® Expands ExitRight® Staff With Hiring of Tina Califano

HSD Metrics

Covington, KY / July 1, 2019 – HSD Metrics ® , a human resources technology company with over 220 national and international clients, welcomes experienced professional, Tina Califano, to its high-energy team of consultants, analysts and researchers. News HSD Metrics Welcome Shaun Worcester

Jobvite 2018 Recruiting Benchmark Report: How Do Your Funnels Look?

The HR Capitalist

Every year they release a Recruiting Benchmark Report offering a unique combination of data and guidance: summary and analysis of industry benchmark data, along with strategic advice to help you measure, improve and optimize every step of the recruiting funnel.

21 Employee Performance Metrics

Analytics in HR

Employee performance metrics are key to tracking how well employees are performing. However, when done right, employee performance metrics benefit both the organization and the employee. We listed the most important ones below and included some practical examples of each metric. There are various kinds of employee performance metrics. Work quality metrics. Work quantity metrics. Work efficiency metrics. Organizational performance metrics.

Cost-per-hire metrics, demystified

Workable

Cost-per-hire (CPH) is one of the most intriguing recruiting metrics. SHRM and ANSI define this additional cost-per-hire metric. This metric can be more useful than CPH. Companies that use this metric consistently, have its one great advantage in mind.

Introduction to Recruiting Metrics FAQ

Workable

Recruitment metrics help you gauge the effectiveness of your recruitment process. Here are frequently asked questions and answers about recruiting metrics to help you understand recruiting data and use it to boost your hiring: Intro to Recruiting Metrics. More Recruiting Metrics.

4 Benchmark Metrics to improve your recruitment performance

Papirfly

Gone are the days where the onus was solely on the candidates to create the good impression. In an employee-centric environment, with companies vying to attract the best talent , how your organisation is perceived is vital. Central to this is employer brand.

Recruitment process effectiveness metrics FAQ

Workable

Metrics help you identify strengths and weaknesses of your hiring process. What’s a good benchmark for qualified candidates per hire? What is the “Screened Candidates to Face-to-Face Interviews” metric? What is the “Face-to-Face Candidates Interviewed to Offers Extended” metric?

Creating Benchmarks throughout Your Program

Viverae

Evaluating Your Wellness Program to Optimize Benchmark Success. While your company’s goals will affect your wellness program’s benchmarks, utilizing both VOI and ROI benchmarks within your program creates a healthy balance.

IPO Recruiting and Metric Benchmarking with Redpoint Ventures' Amy Knapp

Entelo

Among the other topics we stumbled across were: Benchmarking what success looks like based on company size, previous performance, and other areas. How recruiting metrics can serve as a thermometer for internal company health. Recruiting Metrics IPO recruiting

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

It’s also important to understand that you can’t impress a CEO with a large volume of tactical recruiting metrics. Instead, you must focus on metrics that demonstrate a direct impact on what CEO’s really care about, the firm’s strategic goals. The Benchmark Firm to Follow Is Google.

The Secret To Selecting and Measuring Key Employee Performance Metrics

EmployeeConnect

Measuring critical employee performance metrics offers organisations key benefits for attracting and retaining top talent while meeting operational imperatives. The primary benefits of employee performance metrics are tied to fostering better employee engagement, which enhances productivity, innovation, creativity, employee loyalty and longevity. That’s why today’s software applications for measuring key performance metrics are so valuable.

Job offer acceptance rate metrics FAQ

Workable

Job offer metrics help you measure the quality of your job offers and, by extension, your recruitment process. Here are frequently asked questions and answers on job offer metrics: What is the offer acceptance rate metric? What’s a good benchmark for offer acceptance rate?

Product Update: Industry Benchmarks Make Insights Even More Accurate

Hireology

Insights – Hireology’s analytics platform –just received an update to make our benchmarks even more accurate. Industry benchmarks make it easy to measure and compare aspects of your hiring process to other businesses like yours to see how you stack against the competition.

Benchmarking Talent Acquisition: Increasing Spend, Cost Per Hire, and Time to Fill

Bersin with Deloitte

I’m excited to announce that the highly-anticipated Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing, and Key Recruiting Metrics was published today.[1] Hiring & Onboarding HR & Talent Analytics HR Strategy & Benchmarking Human Resources Sourcing & Recruiting Talent Acquisition Strategy Talent Acquisition Tech Tools & Technology

Quality of Hire: A Vaguely Valid Metric?

China Gorman

The infographic, found in Linkedin’s Talent Blog, 4 Recruiting Trends to Watch in 2016 , boils the report down to 4 key points – and they are good ones: Quality of Hire is the magic metric. These are interesting and good metrics.

Time to fill and time to hire metrics FAQ

Workable

What’s a good benchmark for time to fill? What’s a good benchmark for time to hire? This metric helps you plan your hiring better and also serves as a warning when your hiring process takes too long. What’s a good benchmark for time to fill?

Quality Over Quantity—Choosing the Right Recruiting Metrics: The 7 metrics that matter, and the 7 that don’t (as much)

Visibility Software HR

What recruiting metrics should you be measuring, and how can you effectively gather the needed information? There are dozens of popular recruiting metrics, including the venerable Cost per Hire and Time to Fill. Recruiting Metrics Cheat Sheet.

Benchmarking & What-If Analysis

Vemo

Benchmarking Metric Benchmarking can be a great way to compare your metrics to industry best practices, however accessing relevant benchmarking data for you industry is not always easy to obtain or broadly available for every industry.

Intent Industry News: ABM Benchmarks, Data Strategy, B2B as B2C, and More

Aberdeen HCM Essentials

The roundup includes articles that cover ABM benchmarks, the push for stronger data strategies, treating B2B marketing more like B2C, challenges for the modern marketer in the B2B industry, and an obsession with intent data. Live Webinar: ABM Benchmarks for 2020.

Benchmark Myopia and the Need for Business Drivers

SMD HR

It is a typical practice in many industries to be curious about, and focus on, benchmarks to get an idea of “where you stand” on a particular metric. To be clear, benchmarks are a good piece of information to know when examining your performance—but when leaders, particularly in HR, live and die (i.e., When you stop and think about it, a benchmark is just a pursuit to achieve somewhat better-than-average against a number that may not even reflect a true reality.

Recruiting email metrics: how to measure your email success

Workable

Recruiting email metrics help you measure the impact of your messages. Whether it’s to find out if a referred candidate would be a good fit for your company, or to inform a past candidate about a new job, use metrics to shed light on your digital recruiting techniques.

The HR Playbook: 10 Metrics That Prove the Value of HR

Paycor

Paycor reviewed proprietary data from nearly 3,000 customers and found that many standard HR and recruiting metrics are tactical, in that they track project management, or, at most, basic dollar-in, dollar-out cost analysis. 10 key metrics HR teams must track.

3 Hiring Metrics Your Team Should Track to Boost Hiring Efficiency

Hireology

With the right recruitment and hiring partner, you can follow a repeatable, streamlined process and have access to hiring metrics that can help you drive hiring efficiencies. . To speed up your time to hire, (hiring velocity), your team needs to tap into the right hiring metrics.

The CFO Playbook: 10 Metrics to Transform Your HR Team

Paycor

Download our CFO playbook to discover: - 10 key metrics HR teams must track. Benchmarks to see how your business stacks up * Harvard Business Review CFOs are losing faith in HR’s ability to solve problems with data.

The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Personally, I’m a big fan of the cost per hire metric. I believe the goal of calculating CPH is to provide organizations with a benchmark for their recruiting activities. Now, I get it…there’s lots of talk about quality of hire being the best recruiting metric.

CAPITALIST WEBINAR! Six Ways to Make Your Recruiting/Talent Metrics More Strategic

The HR Capitalist

Flash forward 12 months since the launch of those basic recruiting metrics, and you''re bored. The FOT webinar makes it''s 2015 debut with Six Ways to Make Your Recruiting/Talent Metrics More Strategic – And Make Managers Own Their New Hires (click to register).

The Three Vital Metrics for Every Employment Role

Talent Analytics

The Three Vital Metrics for Every Employment Role. Likewise, “industry benchmarks” are next to useless – companies differ, regions are different, and enterprises evolve over time. Section 4: Employee Lifetime Value and Cost Modeling.

The 5 Key Job Application Metrics You Need to Know

Yello

06/16/2017 // By tracy kelly // recruitment metrics. Here are the five job application metrics every recruiter needs to know to help improve the candidate experience. Monitor the number of applicants by position and department to set benchmarks and track application numbers over time. Track the right metrics during this process to become more strategic in your talent acquisition initiatives and continually enhance the candidate experience. Recruitment Metrics