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Evaluating your hiring strategy with a data-driven approach will allow you to have a better understanding of what is working and not working in your hiring strategy. There are many different metrics that can be used, but here are a few that are essential:There are a large number of choices for sourcing candidates and it’s important find out which ones are the most effective for your purposes. Identifying the most cost-effective sources of talent ensures that your recruitment dollars are being invested wisely. All of your applicants need to be coded in a way that identifies the candidate source. This coded information should be accessible in your applicant tracking system. Where did the candidate hear about your job opening? LinkedIn, Employee Referral, Facebook, Indeed etc. Knowing the number of unqualified candidates from a specific source is also helpful, as these candidates also take time and resources to process. It is also important to document the sources of your final four or five candidates.https://www.hiresmart.com/blog/how-to-evaluate-the-effectiveness-of-your-hiring-strategy.For more details contact us today at (480) 503-2945 or visit https://www.hiresmart.com/.
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