Understanding ROI:Using Data to Maximize Your Candidate Attraction Strategy
Running any kind of business is hard work. Hiring a candidate for that business, of course, can often be even harder. The amount of time and energy we dedicate to making every successful hire happen can leave most of us feeling downright exhausted.
Sometimes, that fatigue can set in, often in the form of picking the first candidate who walks in the door – if they’re even reasonably close to a fit, then you’re willing to make that hire simply so you can stop working 14 hour days all the damn time – you get to the point where you’re too tired to really care all too much about “top talent.” You’d much rather take a little rest.
The conversation around metrics driven recruitment isn’t new. Many organizations still struggle with gathering recruiting data and translating numbers into action.
Recruiting isn’t easy (contrary to popular belief).
The energy it takes to make a hire requires more than most successful business owners can handle – even the most hands on entrepreneurs, turns out, are trigger shy as a result, generally slow to hire and quick to fire.
Problematic employees, of course, represent an obvious liability, and selectivity in hiring preempts you ending up in the unfortunate situation where its your employees, not you, who are ultimately steering the ship and making decisions on their own, without any input from you. This, of course, creates a ton of tension – and can ruin an otherwise robust business and healthy bottom line.
They define and build internal processes for source tracking and reporting. The work can seem overwhelming.
But it is possible to make smart decisions. You can create a powerful system. One that keeps driving your talent attraction strategy forward.
Join us, as we uncover strategies to:
- Reach the right candidates in a competitive labor market
- Use automated source tracking to get accurate source of hire
- Implement a source scoring methodology to easily track performance
By Noel Cocca
CEO/Founder RecruitingDaily and avid skier, coach and avid father of two trying to keep up with my altruistic wife. Producing at the sweet spot talent acquisition to create great content for the living breathing human beings in recruiting and hiring. I try to ease the biggest to smallest problems from start-ups to enterprise. Founder of RecruitingDaily and our merry band of rabble-rousers.
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