Measure It, Manage It
To better manage your recruitment cycle, you must first be able to measure it
Like it is with most business processes, to better manage your recruitment cycle, you must first be able to measure it. A good recruitment platform allows you to do just that and helps you find answers to hundreds of questions such as:
- Which marketing channel is most cost effective?
- Are job boards producing better results than newspapers?
- Which agencies deliver the best hire rate per 100 candidates?
- Which countries produce the best applicants in a particular industry?
- What is the average time-to-hire for sales, finance, IT, marketing, etc.?
- What is the average cost-to-hire by division, job type, and geography?
- What is the frequency of qualified candidates applying for a job?
- What are the main reasons for refusal of job offers by qualified candidates?