Analytics in HR

FEBRUARY 6, 2024

If you’re wondering why recruitment goals are important, consider this: With unemployment at its lowest level in over 50 years , organizations are fiercely competing to land the best candidates to fill their vacancies. Contents What are recruitment goals? Types of recruitment goals Why set recruitment goals?

Video Recruiting 89

Video Recruiting Recruiting Software Hiring Software Recruitment 89

ClearCompany HRM

JANUARY 31, 2023

According to Talent Board’s 2022 North American Candidate Experience (CandE) Benchmark Research Report, resentment among new hires increased, meaning that they had more negative experiences last year than they did in 2021. You can compare these turnover metrics with new hire turnover to see if there’s an overlap.

Onboarding Software 396

Onboarding Software ClearCompany Onboarding Hiring Software 396

ExactHire

APRIL 11, 2014

The recruiting and human resources realm is no exception thanks to ATS, HRIS, LMS…and many other alphabet soup acronyms. But sometimes having that much information at our fingertips can be disabling and intimidating if we aren’t sure which metrics are worth our attention for our specific company.

Metrics 130

Metrics Background screening Recruiting Software Hiring Software 130

ApplicantStack

OCTOBER 17, 2023

The recruiting process is much more in-depth than it appears on the surface. Recruiters and HR professionals are often measuring key performance indicators (KPIs) behind the scenes to optimize processes, increase candidate engagement and boost the quality of their potential hires. What Is Time-to-Fill and How Do You Measure It?

Video Recruiting 64

Video Recruiting Recruiting Software Hiring Software Recruitment 64

HR Bartender

AUGUST 17, 2017

Personally, I’m a big fan of the cost per hire metric. Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period. Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period.

Recruiting Software 295

Recruiting Software Hiring Staffing Software Planning Tools 295

Analytics in HR

FEBRUARY 12, 2024

According to research from LinkedIn’s Future of Recruiting , 87% of talent acquisition (TA) professionals indicate that recruiting is becoming more strategic. This indicates a shift in the role of recruiting leaders towards a focus on driving business change. What is recruiting? What is recruiting?

Video Recruiting 92

Video Recruiting Recruiting Software Background screening Hiring Software 92

Acendre

MAY 19, 2023

This indicates that most organizations are under-equipped to identify problem areas and potential solutions to their recruiting challenges,” he continued. It is emerging as powerhouse solution for measuring recruitment success (and retention success). It’s also making strides in an increasingly data-driven recruitment-scape.

Talent Acquisition 52

Talent Acquisition Recruiting Software Hiring Software Recruitment 52

Achievers

JUNE 26, 2023

These questions and others can be answered with the effective use of HR benchmarking. Let’s explore what HR benchmarking entails and why it might be worth pursuing at your organization. What is HR benchmarking? HR benchmarking, while a useful tool in the right circumstances, has its limitations.

Benchmarking 160

Benchmarking HR Software HR Planning Hiring Software 160

Workable

SEPTEMBER 15, 2017

Here are frequently asked questions and answers about recruiting costs to help you plan your budget, monitor your cost per hire and optimize your spending: What is cost per hire? What should be included in recruiting costs? What’s a good benchmark for cost per hire? What’s a good benchmark for recruiting costs?

Recruiting Software 88

Recruiting Software Recruitment Hiring Software Hiring 88

Recruiters Lineup

AUGUST 21, 2023

They are trying new and creative ways to find these special people, and one of these ways is through recruitment process outsourcing (RPO) agencies. Before we dive into the top 10 recruitment process outsourcing companies, let’s refresh our memories with understanding RPO company meaning to ensure we are on the same page.

Recruiting Software 90

Recruiting Software Hiring Software Staffing Software Onboarding Software 90

Bob

MARCH 14, 2024

In this blog post, we look at how to measure succession planning, some key succession planning metrics to track progress, and how succession planning helps set the stage for a resilient and thriving future. Keeping promotions and talent in-house reduces the costs associated with recruiting and hiring talent externally.

Succession Planning 148

Succession Planning Metrics Talent Experience Diversity 148

Pingboard

JULY 7, 2021

In this post, we’ll go over 20 HR metrics — qualitative and quantitative — that will deliver the clearest insights for your organization. . What Are HR Metrics? . As you’ll see, HR metrics include a wide range of core and non-core areas like: . Recruitment. Key HR Metrics: 3 Major Categories. Compensation.

Metrics 52

Metrics Hiring Software HR Software HR Planning 52

The HR Capitalist

FEBRUARY 17, 2015

When HR/recruiting/talent pros work hard, do great work and then get left holding the bag of dog #### for things outside of their control. Sure, you tried to roll out the basics time to hire, cost per hire but all that did was put the focus on your HR/Recruiting function, not the people who actually make the final hiring decision.

Metrics 68

Metrics Recruitment Talent Acquisition Benchmarking 68

15Five

MAY 19, 2023

According to Gartner, 58% of organizations say a lack of relevant metrics to track HR progress is one of the top barriers to effective strategic planning. Most other business functions have a standard set of metrics that show the effectiveness of their team and how they’re contributing to the company’s bottom line (e.g.,

HR Planning 224

HR Planning Metrics HR Software Hiring Software 224

Bersin with Deloitte

APRIL 23, 2015

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] 1] This research report is particularly timely for contemporary Talent Acquisition (TA) leaders.

Talent Acquisition 69

Talent Acquisition Benchmarking Staffing Software Staffing 69

Business Management Daily

FEBRUARY 26, 2024

By keeping track of essential HR metrics like employee turnover rate, time to fill, and recruitment costs — you’ll have a solid grasp of your strengths and top areas for improvement. A key performance indicator is a metric that measures the effectiveness of something, and it can take all sorts of forms.

HR Planning 98

HR Planning HR Software Hiring Software Retention and Turnover 98

Analytics in HR

AUGUST 23, 2022

Measuring candidate Net Promoter Score helps you improve your candidate experience and make your recruitment process more effective. Candidate Net Promoter Score (cNPS) measures how candidates like or dislike their experience with your organization during their application and recruitment process. Contents What is candidate NPS?

Hiring Software 103

Hiring Software Recruiting Software Interview Software Onboarding Software 103

PCS

MARCH 14, 2023

Various trends have emerged particularly in the area of executive recruitment. Ideally, design a scorecard of measurable metrics and rate each individual using the same benchmark. Systematize the Search Process All steps of the executive recruitment process are vital in finding the top candidates.

Recruiting Software 40

Recruiting Software Hiring Software Staffing Software Trends 40

EmployeeConnect

MARCH 1, 2023

Human resources metrics are measurements used to assess the effectiveness of various HR activities in an organisation. These HR metrics help professionals to analyse their policies and practices, identify areas for improvement, and make data-driven decisions. Do you want to track the performance of your HR initiatives?

Metrics 130

Metrics HR Planning HR Software Data 130

Analytics in HR

FEBRUARY 28, 2024

This has a significant impact on organizational performance , leading to as much as a 25% rise in business productivity, a 50% decrease in attrition rates, and an 80% increase in recruiting efficiency. Example: Exploring recruitment data to discover the key attributes of an ideal candidate for a particular position.)

HR Planning 112

HR Planning Analytics HR Software Hiring Software 112

Analytics in HR

FEBRUARY 19, 2024

HR metrics provide a data-driven approach to managing human capital, offer insights into the effectiveness of HR practices, and ultimately predict the future. Let’s take a look at the commonly used HR metrics and how you can track and utilize them in your organization. Contents What are HR metrics?

Metrics 95

Metrics HR Software Hiring Software HR Planning 95

Dr. John Sullivan

NOVEMBER 19, 2023

The amazing “right time” strategy advises managers when their recruiting competition is low. Then, they can focus their recruiting during the times when they have the greatest chance of placing a truly outstanding candidate in a priority job. To start, you would begin your active recruiting early, at the end of September.

Recruiting Software 78

Recruiting Software Metrics Hiring Software Recruitment 78

Bob

FEBRUARY 22, 2024

But making clear decisions about your talent management strategy is impossible without clear information—which is where talent management metrics come in. What are talent management metrics? Talent management metrics are a series of measures HR professionals use to track the effectiveness of a business’s talent management strategies.

Talent Management 95

Talent Management Metrics Hiring Software Recruiting Software 95

Workable

JANUARY 10, 2019

How does your tech recruiting process compare to that of other companies? 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.

Benchmarking 104

Benchmarking Metrics Hiring Software Hiring 104

ClearCompany HRM

AUGUST 31, 2023

AI in HR is no different, and 60% of HR professionals say they’re already using AI and automation for recruiting and hiring. Keep reading for eight ways your talent acquisition team can leverage AI tools in recruiting technology and stick to AI best practices. 60% of HR pros already use AI for recruiting and hiring.

Recruiting Software 266

Recruiting Software Hiring Software Onboarding Software ClearCompany 266

HIRED

FEBRUARY 22, 2022

How to Use a Value-Driven Strategy to Strengthen SMB and Mid-Market Recruitment. As you rethink your recruiting strategy in this competitive landscape, we want to share benchmarking data to help you understand how you’re performing against top employers in this market and set your goals accordingly.

Benchmarking 52

Benchmarking Recruitment eBook Metrics 52

HIRED

FEBRUARY 22, 2022

How to Use a Value-Driven Strategy to Strengthen SMB and Mid-Market Recruitment. As you rethink your recruiting strategy in this competitive landscape, we want to share benchmarking data to help you understand how you’re performing against top employers in this market and set your goals accordingly.

Benchmarking 52

Benchmarking Recruitment eBook Metrics 52

Gem Blog

JULY 7, 2022

The current recruiting landscape is rough. But the good news is we're here to provide the benchmarks and knowledge you need to navigate these challenges and power your hiring strategies.

Benchmarking 52

Benchmarking Metrics Strategy Recruitment 52

Primalogik

JUNE 15, 2023

HR metrics help organisations measure performance data and make sense of it. Through the right metrics, HR managers and leaders can learn how to better support employees and strengthen results. To observe trends, HR should measure the same metrics over time. But first, let’s take a broad look at what makes metrics so crucial.

Metrics 96

Metrics HR Planning HR Software Hiring Software 96

HIRED

NOVEMBER 30, 2023

Together they provide insights into different aspects of hiring – from the broader view of the recruitment lifecycle to the specifics of candidate engagement. Tracking these metrics is key to developing an efficient and candidate-friendly hiring process. Are recruiters interviewing the right talent? weighed in on hiring metrics.

Metrics 52

Metrics Recruiting Software Recruitment Hiring 52

Analytics in HR

JANUARY 17, 2023

What are some organizational health metrics HR should know and keep track of? 12 organizational health metrics to measure. Given the gray area around organizational health and the need for more consensus about what it means within an organization, business leaders often fail to set targets and track metrics to measure and improve it.

Metrics 127

Metrics HR Software Hiring Software Benchmarking 127

Vantage Circle

JANUARY 10, 2024

However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking? Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics.

Metrics 59

Metrics Retention and Turnover HR Software Benchmarking 59

HIRED

FEBRUARY 15, 2022

How to Strengthen Enterprise Recruiting Through Strong Employer Brands & Values. What You’ll Learn: Benchmarking metrics for efficiency, equity and transparency How top employers are winning tech talent and how you can emulate them Overall trends in what employees want from an employer brand.

Benchmarking 52

Benchmarking Recruitment eBook Metrics 52

HIRED

FEBRUARY 15, 2022

How to Strengthen Enterprise Recruiting Through Strong Employer Brands & Values. What You’ll Learn: Benchmarking metrics for efficiency, equity and transparency How top employers are winning tech talent and how you can emulate them Overall trends in what employees want from an employer brand.

Benchmarking 52

Benchmarking Recruitment eBook Metrics 52

Analytics in HR

JULY 19, 2022

Thus, it is essential to track HR business partner metrics to ensure that your company’s HRBPs are effective. Let’s dive into the HR Business Partner metrics! Contents What are HR Business Partner metrics? Why track HR Business Partner metrics HR Business Partner metrics examples.

Metrics 130

Metrics Examples HR Planning HR Software 130

Vantage Circle

JANUARY 10, 2024

However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking? Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics.

Metrics 52

Metrics Retention and Turnover HR Software Benchmarking 52

Vantage Circle

JANUARY 10, 2024

However, developing a strong retention strategy centered around meaningful metrics can lead to happier, more productive employees and significant cost savings for a company. As an HR professional, what retention metrics should you be tracking? Key Takeaways What are Employee Retention Metrics? Importance of Retention Metrics.

Metrics 52

Metrics Retention and Turnover HR Software Benchmarking 52