10 analytics every recruiter should follow

10 AnalyticsEvery Recruiter Should

Follow

Numbers always facilitate an organization to plan

the efficiency of any activity. The same applies for

hiring method as well. Using elaborated analytics

reports bring out important insights to enhance the

effectiveness of the hiring process.

Here are 10 analytics every recruiter should follow in

their hiring process.

Open vs Planned Vacancies

1

Time for Hiring

2

Plan in advance for

1. Urgent positions to open

2. Openings to come in future

3. Timeline of hiring process

4. Allocation of budget and resources accordingly

Keep a note of

1. Date of opening the position

2. Date of closing the position

3. Comparison with given timeline

4. Better resources to source the profiles and avoid exceeding timeline

Channel Sourcing

3

Referral Rate

4

Effectiveness of the channels for

1. No. of profiles received

2. Relevancy of the profiles

3. Cost per closure

4. Allocation of resources and budget accordingly

Keep an eye on

1. No. of Referrals joined / No. of Candidates referred

2. Down sliding referral rate.

3. The need to bring modifications in referral incentive policy to motivate current employees

Rejection Rate

5 Offer Acceptance Rate

6

Keep a note of

1. No. of Candidates selected / No. of Candidates appeared

2. Upward moving rejection rate.

3. Feedback from project team to understand misfit candidates, non-relevant profiles etc.

Keep a track of

1. No. of offers accepted / No. of offers released

2. Slow down in the rate

3. Feedback from candidates to understand mismatch in expectations, better salary by competitor etc.

Mixed Gender Ratio

7 Applicant TrackingReports

8

Metric to bring balance in

1. All level positions

2. All verticals and teams

3. Ideas and thoughts

4. Equality to both gender

Bring Automation into

1. Parsing the resumes

2. Flow of interview stages

3. Joined or rejected

4. Exact timeline of each applicant

Recruitment Performance Report

9

Cost of Hire

10

Daily, Weekly & Monthly reports of

1. Profiles Sourced for hiring

2. Interview Scheduled

3. Closures made

4. Time taken to hire

The Cost Parameters include

1. Offline Advertising

2. Online Advertising

3. Job Sites

4. Recruitment agency fees

We’ve even evaluated and come up with one cloud

based recruitment management platform which

covers most of these analytics requirements -

Applicant Tracking System.

Generate effective automated reports on channel

sourcing, time taken for hiring, applicant tracking

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