In today’s era of big data and advanced recruitment analytics, there’s a great opportunity for organisations to become more strategic in their hiring practices. Becoming a metrics-driven HR function hinges on having the right tracking in place to begin with, and understanding the metrics which matter most to your organisation. Without these, more data can lead to more noise, rather than increased clarity and insight.
The leading talent acquisition teams recognise that to pinpoint the best hiring sources and support recruiting decisions, they need automated source tracking. With those kinds of tools enabled, employers can focus resources on the recruiting solutions that drive the most hires.
What are the right metrics to track for your organisation? It depends on what’s important to your business. At Indeed, we advise employers to begin tracking operational metrics, like time to hire and cost per hire. However, some HR teams that we work with track advanced metrics like the quality of hire and their workforce, as well as strategic objectives around innovation and succession planning.
Whether you’re just taking your first steps to becoming a more data-driven team or have an established function, join our latest webinar, where we’ll share:
- The importance of automated source tracking for your business
- Four steps to build a metrics-driven recruitment strategy
- How to identify the metrics that matter most to your organisation
- Checklist for metrics-driven recruitment success