Recruiting Metrics: How should we measure the effectiveness of recruiting efforts?
If your success depends upon the success of others, then hiring the right talent should be toward the top of your list. Sounds simple, but with busy workloads, ineffective approaches, and inconsistent processes, it is a challenge to find new hires who will succeed in a specific culture.
And if you are like most of our clients, your recruiting and HR functions are being asked to monitor and improve how they recruit, hire, and onboard new employees.
Based upon our experience, we believe that the right kind of measurement and “exposure” systems can help drive lasting change and performance in terms of how organizations attract, interview, and hire top talent that fits their unique strategy, culture, and situation.
With the caveat that each situation is unique and that incorrect or unaligned measures can act as strong barriers to change and improvement, here is a list of some common recruiting metrics to consider. We use cost, quality, and time categories to ensure balance and to help optimize performance across the entire process. From our perspective, the magic lies in selecting and “exposing” the 1 or 2 metrics that mean the most to your specific situation.
What are the Top 16 Recruiting Metrics to Consider?
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