How can I effectively track recruitment metrics?
An example of an AI chatbot conversation about tracking recruitment metrics for better hiring decisions.
How can I effectively track recruitment metrics?
To track recruitment metrics, start by identifying key performance indicators (KPIs) like time-to-hire, cost-per-hire, and source of hire.
What tools can I use to measure these metrics?
You can use Applicant Tracking Systems (ATS) like Greenhouse or Lever, or HR analytics tools like Tableau or Google Data Studio.
How often should I review these metrics?
It's best to review your recruitment metrics monthly to identify trends and make timely adjustments to your hiring strategy.
Can you give me an example of a good recruitment metric to track?
A good metric to track is the 'offer acceptance rate,' which shows how many job offers are accepted compared to how many are extended.
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