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Greg Schneid – Area Sales Director Top 10 Recruiting Metrics for 2015
22

Top 10 recruiting metrics for 2015

Jul 17, 2015

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Page 1: Top 10 recruiting metrics for 2015

Greg Schneid – Area Sales Director

Top 10 Recruiting Metrics for 2015

Page 2: Top 10 recruiting metrics for 2015

About the Presenter

Greg Schneid is the Area Sales Director for the Western United States. With years of experience in HR software, he is always trying to further educate himself on the latest trends and technology. He and his team are dedicated to being helpful resources for companies looking to improve their current HR technology or adopt new. He is located in the HRsmart headquarters in Richardson, TX but often travels to industry tradeshow and to visit clients. When not working, he enjoys spending time outdoors and either watching or playing sports.

Page 3: Top 10 recruiting metrics for 2015

How to Determine Deficiencies

Effect on Talent Strategy

Getting Started

Next Steps

Top 10 Recruiting Metrics

Agenda

Page 4: Top 10 recruiting metrics for 2015

Poll

Which of the following are you currently measuring?

Time to Start

Sourcing Channel

Cost per Hire

Retention Rate

None of the above

Page 5: Top 10 recruiting metrics for 2015

Poll

What about these?

Quality of Hire

Pipeline of Talent

Applicant Satisfaction

None of the above

Page 6: Top 10 recruiting metrics for 2015

Poll

And these?

Qualified Applicants per

Requisition

Offer Acceptance Rate

Recruiter Efficiency

None of the above

Page 7: Top 10 recruiting metrics for 2015

Time to Start

Measure of efficiency

Varies by job level or role

Benchmarks –Educate yourself!

Page 8: Top 10 recruiting metrics for 2015

Sourcing Channel

Work smarter, not harder

Where do you find the best candidates?

Social media vs. job boards

Page 9: Top 10 recruiting metrics for 2015

Cost per Hire

The metric for executives

Hard costs vs. soft costs

Job boards

Relocation

Recruiter Labor

Agency Fees

Advertising Costs

Referral Bonuses

Travel Expenses

Additional Staffing Costs

Page 10: Top 10 recruiting metrics for 2015

Retention Rate

Page 11: Top 10 recruiting metrics for 2015

Quality of Hire

Recruit Candidate

Onboard & Develop

Ongoing Assessments

Page 12: Top 10 recruiting metrics for 2015

Pipeline of Talent

Candidate pools

Being proactive vs. reactive

ABR – Always be recruiting!

Page 13: Top 10 recruiting metrics for 2015

Applicant Satisfaction

Setting expectations

Onboarding & continued development

New hire surveys

Team effort

Page 14: Top 10 recruiting metrics for 2015

Qualified Applicants per Requisition

Benchmarks based on job level

Candidate quantity ≠ strong pipeline

Pre-screen all applicants

Page 15: Top 10 recruiting metrics for 2015

Offer Acceptance Rate

Market your brand and culture

Everyone wants the good candidates

What makes you different?

Page 16: Top 10 recruiting metrics for 2015

Recruiter Efficiency

Number of open requisitions

Time to fill requisitions

Number of requisitions filled

Page 17: Top 10 recruiting metrics for 2015

What This Means for Your Strategy

Use all 10 metrics!

Admit deficiencies

Get buy-in based on this knowledge

Page 18: Top 10 recruiting metrics for 2015

Ask Yourself

Is your organization working towards smarter analytics with metrics like these?

Does this fit into your 2015 strategic initiatives?

Page 19: Top 10 recruiting metrics for 2015

Getting Started

Page 20: Top 10 recruiting metrics for 2015

Demo

Page 21: Top 10 recruiting metrics for 2015

Questions

Page 22: Top 10 recruiting metrics for 2015

Learn More!

• Getting the Most Out of Applicant Screening Tools

– www.hrsmart.com/webinars/live-webinars

• Visit our blog, Thought(ful) Leadership

– www.blog.hrsmart.com