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10 Analytics every recruiter should follow

Numbers always facilitate an organisation to plan the efficiency of any activity. The same applies for hiring method as well. Using elaborated recruitment analytics reports bring out important insights to enhance the effectiveness of the hiring process. A free cloud based applicant tracking system helps generate automated reports on channel sourcing, time taken for hiring, applicant tracking reports, recruitment performance report and much more.

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10 Analytics every recruiter should follow

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  1. 10 Analytics Every Recruiter Should Follow

  2. Numbers always facilitate an organization to plan the efficiency of any activity. The same applies for hiring method as well. Using elaborated analytics reports bring out important insights to enhance the effectiveness of the hiring process. Here are 10 analytics every recruiter should follow in their hiring process.

  3. 1 Open vs Planned Vacancies Time for Hiring Plan in advance for 1. Urgent positions to open 2. Openings to come in future 3. Timeline of hiring process 4. Allocation of budget and resources accordingly Keep a note of 1. Date of opening the position 2. Date of closing the position 3. Comparison with given timeline 4. Better resources to source the profiles and avoid exceeding timeline 2

  4. 3 Channel Sourcing Referral Rate Effectiveness of the channels for 1. No. of profiles received 2. Relevancy of the profiles 3. Cost per closure 4. Allocation of resources and budget accordingly Keep an eye on 1. No. of Referrals joined / No. of Candidates referred 2. Down sliding referral rate. 3. The need to bring modifications in referral incentive policy to motivate current employees 4

  5. 5 Offer Acceptance Rate Rejection Rate Keep a track of 1. No. of offers accepted / No. of offers released 2. Slow down in the rate 3. Feedback from candidates to understand mismatch in expectations, better salary by competitor etc. Keep a note of 1. No. of Candidates selected / No. of Candidates appeared 2. Upward moving rejection rate. 3. Feedback from project team to understand misfit candidates, non-relevant profiles etc. 6

  6. 7 Applicant Tracking Reports Mixed Gender Ratio Metric to bring balance in All level positions All verticals and teams Ideas and thoughts Equality to both gender Bring Automation into 1. Parsing the resumes 2. Flow of interview stages 3. Joined or rejected 4. Exact timeline of each applicant 8

  7. 9 Recruitment Performance Report Cost of Hire Daily, Weekly & Monthly reports of Profiles Sourced for hiring Interview Scheduled Closures made Time taken to hire The Cost Parameters include 1. Offline Advertising 2. Online Advertising 3. Job Sites 4. Recruitment agency fees 10

  8. We’ve even evaluated and come up with one cloud based recruitment management platform which covers most of these analytics requirements - Applicant Tracking System. Generate effective automated reports on channel sourcing, time taken for hiring, applicant tracking reports, recruitment performance report and much more. Click here to explore All Features

  9. SIGN UPTODAY. IT’S FREE Log on to www.applicanttrackingsystem.co To request for live demo, please click here or send us a mail to sales@applicanttrackingsystem.co

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