10 ANALYTICS EVERY RECRUITER SHOULD FOLLOW

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FASTCOLLAB

• 10 ANALYTICS EVERY RECRUITER SHOULD FOLLOW

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• Numbers always facilitate an organisation 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.
• 1. Open vs planned vacancies Start the hiring
  process by clearly mentioning what are the urgent
  job positions to open and what positions company
  is expected to open in future. This analytics
  will help hiring managers to manage the talent
  acquisition activities where exact timelines of
  next 6 months or a year can be provided.
• 2. Time for Hiring When starting with the hiring
  process for new opening, it is recommended to
  take a note of the date of creation and planned
  closure date for the opening. This will help in
  managing the time and resources to meet the
  timelines.

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• 3. Channel sourcing Procuring the channels to
  source the candidates is the most crucial step
  for any recruitment process. Track the
  effectiveness of each channel in terms of no. of
  profiles received, candidates turned up for the
  interview, relevancy of the profiles, closures
  made and finally the cost per hiring from that
  channel. This will help in allocating budgets and
  resources to each channel accordingly.
• 4. Referral rate Measure the number of referrals
  getting converted into new joinees, to plan a
  better incentive structure for the current
  employees. A well planned and attractive
  incentive program can be helpful in sourcing best
  fit candidates in the organisation. 

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