Does Your Hiring System Work? 7 Key Performance Metrics

Key tips on talent acquisition from Select International.

 Editor's Note: This article originally appeared on Select International's website.

If you believe that the quality of your team goes a long way toward deciding your level of success, you’ve probably asked yourself a few questions:

  1. Are we hiring the right people?
  2. Are we hiring people equipped to do what we expect them to do?
  3. Are we as efficient and effective as we can be in choosing the right candidate?
  4. Are we hiring people who will stick around?

If you’ve asked yourself these questions, then you’ve probably started looking at technology, tools, processes, and approaches that can help you improve in each of these areas. Frequently we see organizations that have gone through this process and implemented various solutions but still have not seen the results they seek. For instance, they’ve moved to an automated applicant tracking system, interviewing tools, pre-employment assessments, and reference checking programs.

Having all of these best practice tools doesn’t mean that you have an efficient and effective selection system. Moreover, every organization needs to measure the success and ROI of their efforts accurately and meaningfully. When we work with our clients, rather than focusing narrowly on some single metric, we encourage them to think about all of the metrics that reflect the system’s efficiency and effectiveness. Here are seven metrics you should be tracking for ROI. Click here to continue>>

 

 

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