Attracting the best people into a business is one of the biggest challenges facing many companies, however, while most employers understand the need for an effective talent acquisition process to attract and hire the right people, many haven’t developed a way for evaluating its effectiveness.
If companies fail to measure the success of their recruitment strategy, they will waste time and money recruiting people with the wrong skills and attitudes, but not understand why.
As we move through the COVID-19 pandemic it is going to be essential to have the right people in roles to ensure the business can recover quickly.
According to Gartner one of the top three priorities for HR leaders in 2021 is to build critical skills and competencies. Other data from Gartner TalentNeuron™ shows that the total number of skills required for a single job is increasing by 10% year over year, and one-third of the skills present in an average 2017 job posting won’t be needed by 2021.
- Time to hire
- Cost per hire
- Qualified candidates per opening
- Sourcing
- Quality of hire
- Offer acceptance rate
- Satisfaction Rate
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