Are you facing challenges to attract, qualify and hire high-quality candidates as quickly and efficiently as your business needs? Do you struggle to know where to start making the most impactful changes?
Your candidate data can give visibility into what’s working or not working with your hiring process. This valuable insight can help focus your acquisition strategy and your team.
Sales and marketing use pipeline analytics to focus efforts on finding quality leads and ultimately closing deals. Pipeline analytics give visibility into each step of the sales process - quickly identifying where there are hurdles/opportunities in finding, qualifying and converting quality prospects into loyal customers. Your candidate data can give visibility into what’s working or not working with your hiring process. This valuable insight can help focus your acquisition strategy and your team. Sales and marketing teams often struggle to find and progress a pipeline of prospective customers from initial interactions to deal close. They face a constant balancing act to drive both volume and quality from leads. Sound familiar? Take a page from the sales & marketing playbook Consider taking a similar approach with the candidate process. Candidate Pipeline Analytics can provide insight into volume and conversion rates from initial candidate identification through to offers accepted.
From overall volume and conversion measures, it’s possible to drill down to obtain segmented views by role, by department, by channel, by geography, or other important business elements. This provides a wealth of knowledge and provides answers to the questions:
“Do we have the right volume and conversion rates to meet the business objective of hiring a team of software developers in Seattle in the next 3 months?”
“Are we getting the expected quality candidate pool from the new recruiting source we just invested in?
By looking at data contextually, based on business needs, areas of focus become crystal clear.
With insight into your candidate pipeline, you are armed with actions to address the challenges in your recruiting process. You are also provided the analytics to support the conversations with the business – with hiring managers on the candidate criteria, and with executives on needed investment to support your talent acquisition strategy.
