Every HR professional and recruiter knows the cost of a bad hire. Time and money spent on the hiring and training go down the tube and now you are left with nothing but that same vacancy. Wouldn’t it be nice if you could avoid making bad hires in the first place?
Category: Recruiting Metrics
It’s important for recruiters to be able to demonstrate in concrete ways their contribution to the organization. Metrics help to gauge the effectiveness of the operation.
Most of us spend 40 or more hours each week at work. In the Knowledge Economy, with its digital nature, our work and daily lives tend to converge. It’s a yin and yang scenario, one most employees appreciate in order to make work/life balance manifest.
In two previous posts, we’ve been discussing the importance of measuring onboarding efforts, as well as some basic steps toward developing a measurement program. Here, we’re going to look at some specific types of both qualitative and quantitative measurements.
Intuition—a mental “shortcut”—is the result of two hardwired processes (pattern recognition and emotional tagging), which frequently lead to cognitive errors. As a result of “going with your gut,” even the best, most experienced business leaders can make poor judgment calls about individuals.
In a previous post, we discussed the importance of onboarding efforts for setting the stage for an employee’s successful career with an organization, as well as aiding in employee retention. To that end, we made the case for finding ways to measure the effectiveness of your employee onboarding programs.
Onboarding is key to any HR unit. It’s a critical time in an employee’s early development and sets the stage for the rest of his or her time with your organization. Just as with meeting a new person, first impressions matter.
Start with the end in sight. It’s recognizable business advice, but what does it mean for HR executives in terms of successfully advancing the corporate agenda? Creating a company culture that promotes high performance, accountability, and diversity; utilizes analytics and exceptional communication; and results in a top 10 stock performance, or the equivalent, is a […]
In part one of this article, we introduced programmatic recruiting, which is the idea of taking the recruiting process and optimizing it through technology. The end result of programmatic recruiting is that job ads are placed where they will be most relevant—a result which may change for each role, and may change moment to moment, and […]
Have you heard of programmatic recruiting? In essence, programmatic recruiting is the idea of taking the recruiting process and optimizing it through technology. It emphasizes using technological means—rather than using people—to improve efficiencies in the recruiting process. More of the process becomes automated, using data to make decisions.
When it comes to recruiting metrics, most companies rely on “time to hire,” retention rates, and other numbers that don’t necessarily show the overall picture of your company’s talent needs. While it’s great to show executives that you were able to fill “X” number of roles in “X” amount of time, if those new hires […]