5 GRADUATE RECRUITMENT METRICS TO TRACK [INFOGRAPHIC]
1- Mobile Sourcing
- How many applicants came from a mobile device? For those born between 1996 and 2012, your recruitment channels should be mobile responsive.
- Over 90% of today’s job seekers use their smartphones to look for job
2- Candidate Satisfaction
- By providing a survey or asking for feedback from candidates during and after the interview process, your company can measure how talent feels about your candidate experience.
- 69% of job seekers with a negative experience said they would rarely or never re-apply again.
3- Quality of Hire
- There are multiple ways companies are measuring their quality of hire. It has a long term horizon and you can only measure it many months after you’ve made a hire.
- These quality metrics might include:
- Hiring Manager Satisfaction
- Retention & Turnover Stats
- Performance Evaluation Scores
4- Cost Per Hire
- Cost per hire is pretty straightforward.
- This should answer the question: How much are we spending on average to get a new hire?
Cost Per Hire = Total Recruitment Cost/ Total Number of Hires
5- Time to hire
- This metric refers to the amount or duration of time that passes between when job candidates were contacted and when they accept the job offer.
Sources:
The Right Metrics for University Recruiting - Where to Start and What's in it for YOU?: https://www.linkedin.com/pulse/right-metrics-university-recruiting-where-start-you-jeff
8 Key Hiring Metrics to Quantify Your Talent Selection Process: https://www.business2community.com/strategy/8-key-hiring-metrics-quantify-talent-selection-process-01570416
7 Key Recruitment Metrics every Recruiter Should Know: https://harver.com/blog/7-key-recruitment-metrics/
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