New series offers guidance on talent acquisition

HRExecutive

To succeed in the critical, and complex, challenge of assessing and transforming today’s emerging talent-acquisition strategies, employers can use as much help as they can get. That being the case, they just may discover some highly useful information in a new six-part series , Guide to Talent Acquisition for the Future , created in partnership by Cielo, a strategic recruitment-process outsourcing partner, and global industry analyst Josh Bersin.

Your Guide to AI Talent Acquisition

AllyO

Today’s operating environment demands that companies turn talent acquisition into a competitive advantage, and artificial intelligence is key a stepping stone toward this goal. In this article, I draw on my more than two decades in HR tech as well as the expertise of other leaders to explain: In this article: How AI transforms every phase of talent acquisition. AI best practices for executive talent acquisition. How AI can help today’s talent crisis.

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Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

Talent Data ” I explained how you can impress your CEO by converting your Talent Acquisition results into dollars. 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 Metrics That Reveal the Highest Business Impacts from Talent Acquisition Actions.

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. This real-time feedback allows the talent acquisition team to step back and quickly course-correct in areas where things are not running smoothly.

A new operating model for talent acquisition

HR Times

In our previous post , we looked at some of the ways HR can learn from leading practices for customer experience to improve talent acquisition. Enhancing the candidate experiences requires getting smarter about how organizations approach talent acquisition. Companies can support this new approach to talent acquisition by starting with a degree of centralization. Drive flexibility … because the talent needs of the organization will change.

A new operating model for talent acquisition

HR Times

In our previous post , we looked at some of the ways HR can learn from leading practices for customer experience to improve talent acquisition. Enhancing the candidate experiences requires getting smarter about how organizations approach talent acquisition. Companies can support this new approach to talent acquisition by starting with a degree of centralization. Drive flexibility … because the talent needs of the organization will change.

Impress Your CEO With These Strategic Business Impact Recruiting Metrics

Visier

Talent Data ” I explained how you can impress your CEO by converting your Talent Acquisition results into dollars. 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 Metrics That Reveal the Highest Business Impacts from Talent Acquisition Actions.

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

Bersin

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 2014: A Look Back and Ahead

Brandon Hall

Talent acquisition is the most complex area of human capital management, yet many companies lack the necessary resources, tools and capabilities to build a results-driven program. In fact, only 8% of companies have an optimized talent acquisition strategy. As the workforce changes, talent acquisition needs to keep pace and recruiting leaders must rethink their approach to finding talent and focus on the candidate experience.

Want to Know What Your Peers Are Doing to Strengthen Talent Acquisition?

HRExecutive

With low unemployment numbers in the Eurozone and Asia-Pacific as well, we’re facing a global-scale talent shortage. Hiring costs are on the rise as companies compete to identify and acquire top talent. Here at nonprofit business-benchmarking organization APQC, we recently surveyed 552 companies from across the globe to learn how they’re approaching talent acquisition in this competitive landscape. HR Technology Recruiting Talent Management Top Stories

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. When it comes to recruitment operations benchmarks, understanding what’s going on outside your organization may be key to assessing whether you’re on point or behind the curve. Yello’s 2020 Recruitment Operations Benchmark Report reveals trends across multiple industries and a variety of job categories.

HR Tech Conference Highlights through a Talent Acquisition Lens

Brandon Hall

As the principal analyst for talent acquisition for Brandon Hall Group , I get a unique perspective of what is going on in this market. Research galore : Lever has just released their “Little Grey Book of Recruiting Benchmarks” which contains insights based on data across millions of candidates considered by 1,000 Lever customers. Additional metrics include average number of interviews, average interview time, and more. Talent Acquisition Today

What is Talent Management and Why It’s So Important?

Visibility Software Recruiting

It’s a demanding task, but the right Talent Management solution has both the competitive advantage and force-multiplier to achieve success. What is Talent Management? . Getting the right talent and providing the tools for success is hard. Talent Development (Training).

Mobility Metrics That Matter

HRO Today

But in a tight labor market where talent is often a key differentiator, can organizations put a price on having the right person in the right role at the right time? Visibility and transparency can only be achieved by tracking data and the associated metrics, which ultimately translate into accurate reporting.”. One client of ours has found that by sharing their analytics with talent acquisition teams, they are able to reduce relocation costs,” he says.

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. What are recruiting metrics? What can you learn from recruitment metrics? Which are the most important metrics to track? How can I have better visibility into recruiting metrics?

Cost-per-hire metrics, demystified

Workable

Cost-per-hire (CPH) is one of the most intriguing recruiting metrics. These costs include, but are not limited to: In-house talent acquisition team salaries. New employees from mergers or acquisitions. 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. The only way to do this is to avoid obsessing over a single metric.

Talent Acquisition Teams Plan to Increase Spend on These 6 Things in 2019

Linkedin Talent Blog

With quit rates at an all time high and more open jobs than unemployed people, it's safe to say competition for talent isn't going to get lighter anytime soon. Because of that, many companies are increasing spending in several key areas of talent acquisition in order to attract top talent, as Criteria Corp found in its 2018 Pre-Employment Testing Benchmark Report. And with competition for talent as tight as it is, a lengthy time to hire just doesn’t cut it.

The Three Vital Metrics for Every Employment Role

Talent Analytics

The Three Vital Metrics for Every Employment Role. By Pasha Roberts, Chief Scientist, Talent Analytics, Corp. Likewise, “industry benchmarks” are next to useless – companies differ, regions are different, and enterprises evolve over time. Three common-sense questions underlie our three metrics: How much does it cost to find, train, and keep an employee in this role? Section 4: Employee Lifetime Value and Cost Modeling.

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

Visibility Software Recruiting

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. And while these two tried-and-trues remain important factors to measure, there are even more insightful metrics organizations can use to steer and hone their recruiting efforts. Recruiting Metrics Cheat Sheet. 20 Recruiting Metrics and How to Calculate Them.

It’s About More Than HR: Analytics Learnings from Tom Davenport and Dr. John Sullivan

Visier

The Critical Role of Data In Talent Acquisition — Dr. John Sullivan. This is because few CEOs are confident in the quality of their Human Capital metrics. Often what is shared with the C-Suite is what Sullivan calls the “So What” metrics, which elicit a “Why Should I Care?” To capture the C-Suite’s attention, Talent Acquisition needs to become more businesslike and begin to calculate all standard business analytics.

Would You Believe Spending $10,221 Per FTE On HR?

TLNT: The Business of HR

SHRM Released its Human Capital Benchmark Report recently and it’s loaded with a ton of metrics to compare your HR and TA operations against. HR Insights Talent Acquisition Data Featured metrics SHRMThe survey data comes from over 2,000 HR leaders and pros, and it’s pretty recent, being collected earlier this year.

The 5 Key Job Application Metrics You Need to Know

Yello

06/16/2017 // By tracy kelly // recruitment metrics. But even talent acquisition teams who prioritize the candidate experience may overlook the application, focusing instead on providing a positive experience during the interview and offer processes. Here are the five job application metrics every recruiter needs to know to help improve the candidate experience. Leverage talent relationship management software to track candidate communications and responses.

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

Visibility Software Recruiting

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. And while these two tried-and-trues remain important factors to measure, there are even more insightful metrics organizations can use to steer and hone their recruiting efforts. Recruiting Metrics Cheat Sheet. 20 Recruiting Metrics and How to Calculate Them.

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

The HR Capitalist

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. 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). We''ve got the metrics to show you how to do that.

A Strong Dose of Strategy

HRO Today

Four key principles guide talent acquisition at Fresenius Medical Care North America. When Greg Pardo joined Fresenius Medical Care North America as its vice president of talent acquisition, the TA function was unfocused and overworked. One thing was clear: Fresenius’ talent acquisition function was in need of transformation. “We Pardo developed an entirely new talent acquisition model based on four basic principles: “Be Strategic”. “Be

Introducing Insights: User-Friendly Reporting & Analytics To Unlock Your Hiring Metrics

Hireology

Hireology is excited to announce its latest feature: Insights – easy-to-understand reporting that provides clear visibility into hiring metrics, highlighting points of strength and weakness in the hiring process. Insights enables business owners and talent acquisition leaders to gain a clear understanding of hiring performance across locations and managers, and shows this success compared to peers using industry-specific benchmarks.

The Business Case for Human Resources

Everwise

A healthy HR department has a wealth of insider knowledge waiting to be activated, on everything from why top talent could quit to unlocking employee productivity. With a new generation of talent entering the workforce, the struggle for HR has become retention rather than acquisition, and the stakes are substantial: A study by Price Waterhouse Coopers indicated that turnover-related costs represent more than 12% of pre-tax income on average, and can reach as high as 40% of earnings.

What is Time to Hire? Everything You Need to Know

Analytics in HR

Time to hire is one of the best-known recruiting metrics. We will also list time to hire benchmarks, explain how it can be measured, and end with the five most effective ways to reduce time to hire. Time to hire is a common recruiting metric.

LinkedIn and Glint – Potential HCM Technology Powerhouse in the Making

Brandon Hall

and Daria Friedman , Principal Analyst, Talent Acquisition, Brandon Hall Group. Their offerings can also can be integrated into an organization’s overall talent-development strategy and business-performance metrics. LinkedIn, like IBM and other market giants, invested heavily in the talent-development space. Daria Friedman , Principal Analyst, Talent Acquisition, Brandon Hall Group.

Glint 43

Tapping the top 3 sources of high-quality candidates

HR Times

Organizations use a variety of sourcing strategies to attract and engage top talent. Even highly regarded or highly sought-after employers cannot always feel confident that their talent pipeline is sufficiently full of the right candidates they need at the right time. For senior recruiters, the majority of time (estimated at 12 to 15 hours per week) is spent engaging known talent from their network 1. 3 Bersin by Deloitte Talent Acquisition Benchmarking Data, 2014.

How Measuring Your Candidate Experience Can Pay Off

SuccessFactors

According to the latest global Talent Board research , 41% of your candidates will take their allegiance, product purchases, and brand relationships elsewhere because of it. That’s the potential revenue upside, especially since the majority of the candidates surveyed via Talent Board research are rejected candidates. Share and receive best practices in Talent Board research, symposiums, awards galas, webinars, podcasts, and more.

Seven Keys to Effective Recruiting

TalentCulture

Creating a world-class talent acquisition effort that incorporates cool recruiting ideas may seem unrealistic for many HR departments. Yet, even if you hire just one new candidate a month, you can leverage many of the same effective strategies as the leading companies in talent acquisition, say the folks who lead them. Most HR specialists agree they want to get better at talent acquisition. Build strong talent networks.

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

Visibility Software Recruiting

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. And while these two tried-and-trues remain important factors to measure, there are even more insightful metrics organizations can use to steer and hone their recruiting efforts. Recruiting Metrics Cheat Sheet. 20 Recruiting Metrics and How to Calculate Them.

The Truth about Data-Driven Recruiting

Brandon Hall

Brandon Hall Group defines data-driven recruiting as planning for talent needs, sourcing candidates, and making hiring decisions based on data rather than on anecdotal information. Data-driven recruiters use historical data on source channel performance to allocate the sourcing budget, or monitor changes in baseline talent acquisition measures to evaluate the impact of employer branding efforts. We aren’t tracking any performance metrics.

Data 50

Survale Clients Win Big with Candidate Experience (CandE) Awards

Survale

Survale users reap the benefits of real-time, feedback-based recruiting AND consistently win Talent Board Candidate Experience Awards. The Candidate Experience Research and Award Program is administered by The Talent Board. Manager of Talent Acquisition & Talent Strategy.

Get Onboard the HR Analytics Movement

Brandon Hall

In fact, 41% of organizations told Brandon Hall Group that the second biggest driver of human capital management (HCM) technology acquisition was to enable better reporting and analytics of HR data. This is time-consuming and often creates calculation errors, prompting poor business and talent decisions. An analytics strategy starts with using ad hoc metrics and reports to understand “what happened.” Metrics versus Analytics. Here are a few examples of each: Metrics.

Tapping the top 3 sources of high-quality candidates

HR Times

Organizations use a variety of sourcing strategies to attract and engage top talent. Even highly regarded or highly sought-after employers cannot always feel confident that their talent pipeline is sufficiently full of the right candidates they need at the right time. For senior recruiters, the majority of time (estimated at 12 to 15 hours per week) is spent engaging known talent from their network 1. 3 Bersin by Deloitte Talent Acquisition Benchmarking Data, 2014.

7 Metrics That the Most Data-Savvy Recruiting Teams Are Tracking

Linkedin Talent Blog

Without that shift, not only will you consistently fail to recruit top talent, but also you will have literally no chance of landing the more difficult-to-recruit innovators. This powerful data-driven recruiting approach requires you to shift from the traditional intuitive and past practice-based approach and start tracking metrics beyond the popular quality of hire and time to fill. Talent Analytics

“I know the perfect person…”

HR Times

Talent is universal. is the Vice President for Talent Acquisition Research at Bersin by Deloitte, Deloitte Consulting LLP. She writes about various topics in talent acquisition, including integrating with talent management, improving quality of hire for critical jobs, leveraging social recruiting to build talent pools, and building a global recruiting function. Follow Robin on Twitter @RAEricksonPhD and visit her blog, Talent Magnetism.

A Literal THESIS on The P&L Impact of Candidate Experience

Survale

Antonio Arias-Lopez heads up talent acquisition for Survale client, Tipico. By this point, nearly every talent acquisition leader concerned with candidate experience is familiar with the Virgin Media case study detailing huge potential losses from poor candidate experience. I will note here that Survale clients can automatically benchmark their performance against Talent Board data. I know.