Top hiring metrics you should consider
The hiring process is a consuming one, both in terms of money, time and effort. Hiring the right person to fill a job vacancy alone doesn't mean success for an organization. The organization should be able to analyze data and measure the efficiency of the whole hiring process. Though hiring metrics vary from industry to industry and company to company, there are a few basic metrics used to measure your hiring process's efficacy. Let us discuss them below: Hiring channel Vs. Conversion rate You could be getting job applications from an online job portal, but the ultimate conversion rates could be very low. Your employee referral program could bring very few applications on the flip side, but you find that they are great candidates you could immediately hire. This metric is the Hiring channel Vs. Conversion rate, a great way to identify what suits best for your organization. Candidate experience There are quite a few job portals that allow candidates to ...