Recruitment

Recruiting Metrics: How to Measure the Success of Your Recruitment System

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As many recruiters and HR managers know, the moment your top candidate accepts your offer letter is the moment when a huge weight is lifted. Now that the position is filled with a candidate you feel confident about, it’s time to celebrate — so kick back, pour yourself a glass of wine and congratulate your team on its newest member. For many businesses, recruitment software makes the process of finding great talent easier than ever, making the celebration of filling an open position even sweeter. However, can you ever really be certain that your recruitment system is working for you? Let’s talk about how to use recruiting metrics to measure the success of your system.

Tracking the recruitment metrics of your system involves far more than just answering the question of whether or not the tools help you find a candidate to fill the open position within your organization. There are a variety of factors to consider, from how many interviews you conduct during the hiring process to how well the candidate performs after you hire them. Overall, there are many components that you can measure to determine if your recruitment product is as helpful as you need it to be.

Mariah HansenRecruiting Metrics: How to Measure the Success of Your Recruitment System
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Recruitment Software Features and Requirements Checklist

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Reaching qualified professionals has become increasingly simplified with the help of online job boards and social media. However, this increases competition, and choosing the right person for the job becomes difficult with such a high volume of talented applicants. Hiring teams need to sort through resumes, schedule interviews, evaluate candidates and continually communicate throughout the process. Recruitment software steps in to automate these functions and streamline hiring procedures.

Alainia ConradRecruitment Software Features and Requirements Checklist
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Cloud Recruitment Software: This Upcoming Year’s Top Picks

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At best, the process of finding and hiring new employees can feel a bit like looking through the pages of your favorite “Where’s Waldo?” book. Once the applications start to pour in, you have to sift through all of the resumes and cover letters to find the type of candidate you’re looking for. If you’re hiring for more than one position, then you’ll have quite a few pages of that book to search through. This kind of recruiting process is desperately in need of an update — cloud recruitment software is that update.

In the past, only large enterprises had the resources to implement recruiting software. However, thanks to advancements in technology, cloud-based software makes it easy for businesses of any size to implement a recruiting solution. If you’ve decided it’s time to streamline your recruitment process by implementing a new software solution, then you’ll want to have a solid foundation of knowledge about just what that software is and what it’s capable of doing. We’ll break all of that down for you, and then we’ll discuss who our top picks are to help you jumpstart your search.

Mariah HansenCloud Recruitment Software: This Upcoming Year’s Top Picks
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Taleo vs iCIMs vs Jobvite vs iSmartRecruit vs Bullhorn: Which is the Winner For Your Business?

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For contemporary recruitment teams, hiring can feel a little soulless at times. There’s a huge emphasis on social media, with platforms like LinkedIn leading the charge when it comes to talent spotting. The problem with a completely digital approach, however, is that it favors quantity over quality.

SelectHubTaleo vs iCIMs vs Jobvite vs iSmartRecruit vs Bullhorn: Which is the Winner For Your Business?
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Recruiting Metrics: How to Measure the Success of Your Recruitment System

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In today’s digital age, everyone’s well aware of the value of business software.  But when it comes to reporting just how valuable that software is, how do you measure it?  With some solutions it’s easy to gauge.  Finding the ROI of marketing automation and CRM platforms involve simply looking at the number of conversions, leads and customers you gained before and after adoption.  But with some systems, such as with recruiting software, the ROI is more difficult to quantify.

SelectHubRecruiting Metrics: How to Measure the Success of Your Recruitment System
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