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Recruiting,

Recruiting News Saturday, May 26

Are You Measuring the Right Recruitment Metrics?

  • Whether its a vendor telling you about their metric heavy dashboard, a VP of talent acquisition spouting the metrics she watches, or a recruiting admin trying to make sense of the numbers his boss is throwing at him, metrics are a big part of the job.
  • Time to fill = (number of days between publishing a job and making a hire) – – Time to hire = (number of days between candidate engagement and hiring that candidate) – – Each tells you something different about your speed to hire and recruitment function, but here are the…
  • Your quality of hire metric basically shows how good the people are who come into the organization and then, how long they stay.
  • Some insight on pre-hire metrics to help you assess your quality of hire (yes, metrics in metrics… very meta): – – Of course, once you get them in the door, there are a whole lot of other metrics that will ultimately feed into your quality of hire score.
  • While some of these things will seem familiar, there may be one or two you didnt think of before: – – Other great metrics to measure your hiring experience include: candidate satisfaction (try a quick post interview survey); recruiter response time (if your ATS doesnt have an autoresponder or CRM…

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Are You Measuring the Right Recruitment Metrics?

Calculating Your Recruiting Cost Made Easy

  • However, avoiding this high recruiting cost driver is as easy (and difficult) as not making bad hires.
  • High turnover drives up your recruiting costs through the sheer volume of hires that it forces you to make.
  • The first metric is cost per-hire and, this data point is found by dividing total recruitment costs by the number of hires made over a period of time (quarterly, annual, etc.).
  • [Download the FREE Cost Per Hire Calculator Here] This metric, however, can be a little muddled when a company hires for both high and low salaried jobs.
  • Once you have this baseline data, you can attack some of the common recruiting cost inflators (extended vacancies, bad hires, high turnover) and watch as this metric starts to swing in your favor.

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Calculating Your Recruiting Cost Made Easy

A report warns that many apprenticeships are simply low-paid jobs – RECRUITING TIMES

  • The government claims that quality is at the centre of its apprenticeship reforms – – High-street stores are reclassifying low-paid roles as apprenticeships while receiving subsidies for training, according to a recent study.
  • The report explains that groups of employers joined together as part of the governments broader package of changes to apprenticeships to set down the new apprenticeship standards.
  • It commented that while some employers took the chance to introduce high-quality standards, others seemed simply to reclassify poor-quality, low-skill and frequently low-wage jobs as need to be skilled roles necessitating long-lasting training of at least one year, claimed the government in 2013.
  • They should also lead to complete competency and endow the trainee with transferable skills as part of a job; however, many well-known firms appear to be advertising on the governments apprenticeship website for apprentices in apparently unskilled roles.
  • A Kentucky Fried Chicken advert for an apprentice hospitality team member describes the opportunity as part of a development programme focused on knowledge, skills and behaviours; however, the role involves cooking and assembling KFC meals, serving customers at the tills, and adhering to standards of cleanliness.

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A report warns that many apprenticeships are simply low-paid jobs – RECRUITING TIMES