HRO Today Global Winter 2016 - 44

SERVICES AND TECHNOLOGY
ASSOCIA TION
Hello HR Executive,
Plan and prepare in a careful, thorough manner before taking action, or as a good friend in construction told me, measure twice, cut once. Easier said than
done when we apply that same principle to a business process, and specifically, to the fast paced world of recruitment.
The HRO Today Services and Technology Association finalized a research study conducted in regards to the key performance indicators used to evaluate the
success of a company's talent acquisition activities. This report provides a pulse check on how recruitment strategy and sourcing plans impact hiring metrics-it
tracks how recruiting metrics are being used, and reveals what indicators will impact attracting and hiring great talent. To plan, staff and budget a
recruitment function, the only valid metrics are those which have been developed and tracked within one's own organization over time, although comparisons
help to ensure you have an industry benchmark. Members are encouraged to view this data as a simple comparison of their own performance against
national averages.
Sample findings include:
* Nearly one-half of companies do not formally track where they get their candidates
* The average cost per hire over time is changing, due to the impact of Internet recruiting
* Predictive analysis is an upward trend, with the transportation/warehousing industry at the forefront
* And much more data, across multiple industries
Predicting the future of recruitment initiatives and candidate attraction and satisfaction is a difficult job. Research, industry benchmarks and comparisons
are all additional tools to assist you in evaluating and planning for the future hiring success of your companies and/or customers! I hope you find these
metrics and comparisons useful and utilize them to review and set your talent acquisition standards and practices.
Measure twice, hire once.
Zachary
D. Zachary Misko
VP - Global Executive Director
HRO Today Services & Technology Association
TO DOWNLOAD REPORT (members only), visit http://bit.ly/HROTresearch.
TO JOIN THE ASSOCIATION TO GAIN ACCESS TO THIS RESEARCH,
visit http://bit.ly/hrotodaymembership.
For more information, please contact: Zachary Misko, Global Executive Director
at Zachary.Misko@SharedXpertise.com or +1.215.606.9552.
http://bit.ly/HROTresearch http://bit.ly/hrotodaymembership

HRO Today Global Winter 2016

Table of Contents for the Digital Edition of HRO Today Global Winter 2016

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