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Recruiting Metrics

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What’s Data Got to Do with it? Sourcing Prospective Candidates

As a recruiter, sourcing is arguably one of the most important activities you’ll do, especially if you’re working for a newer company without an established employer brand. There are a few reasons sourced candidates tend to perform better in interviews than direct applicants:

1) The best job candidates are often already employed and fall into the pool of those who need to be sourced and 2) sourcing means you’re pre-screening potential candidates to ensure they meet an ideal set of qualifications. Plus, sourcing allows you to prioritize diversity and inclusion and intentionally prospect from talent pools with diverse backgrounds.

But how do you know whether your sourcing efforts are paying off? There are a few ways that you can measure this. We caught up with Greenhouse Senior Recruiter Ariana Moon to learn how the Greenhouse Recruiting team uses data and analytics to understand the success of its sourcing efforts.

Keep reading to learn some of the data points you’ll want to collect, as well as a few specific reports you can pull within Greenhouse.

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Featured Image Recruiting Metrics

What’s Data Got to Do With It? Measuring Recruiting Performance in Real Time

The life of a recruiter is never dull—it often requires juggling multiple deadlines, handling hiring manager expectations, keeping employees informed on the progress of their referrals, headcount planning… the list goes on and on! The idea of introducing data and analytics as yet another item to your already crowded to-do list can seem intimidating, but that doesn’t have to be the case. In fact, by knowing which data to collect and when, you can manage expectations, optimize workflows, and take a more strategic approach to your role.

Let’s take a look at how you can use data and analytics to measure your recruiting performance in real time.

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Featured Image Recruiting Metrics

Maximizing the Impact of Your People Programs: What's the ROI?

How do you know when your People programs are working? It’s an important question, but one that’s not always easy to answer. At the BetterWorks Goal Summit on April 20, several HR experts gathered to dig in to this question.

Jeff Rosenthal, Managing Director, Deloitte Leadership moderated a panel discussion between Cheryl Roubian, Director of Talent Acquisition and Management at Greenhouse, Greg Besner, CEO of CultureIQ, and Linsey Jackson, Head of Technical Recruiting at Lyft.

What were some of the key takeaways and themes that emerged during their conversation? Read on to find out!

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Featured Image Recruiting Metrics

The Impact of Recruiting on Employee Lifetime Value

What type of impact does recruiting have on employee lifetime value (ELTV)?

The biggest impact your Recruiting team can have on ELTV, and by extension the business, is through the quality of hires that they make. Through great hires, we move the “How high someone can go” inflection point up.

Read on to learn more about how the recruiting team at Greenhouse frames their work in terms of ELTV.

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Featured Image Recruiting Metrics

The Importance of Data in Recruiting

There’s a lot of talk about the importance of data in recruiting these days, and for good reason, too! As recruiting teams evolve their understanding of the recruiting funnel and implement metrics-driven approaches similar to that of sales and marketing teams, taking a closer look at how we use and report on data is a natural and necessary outcome.

Our Recruiting team at Greenhouse is no stranger to this movement. We use five KPIs, or Key Performance Indicators, to measure our team’s progress and performance quarter by quarter (you can read about our KPIs here!). That said, KPIs are a high-level metric, and in this post I’d like to show you a more granular, day-to-day use of data.

Read on to learn why we believe in the importance of data in recruiting at Greenhouse as well as what kinds of reports we use in real-time to keep our hiring managers informed and involved in our recruiting process.

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Featured Image Recruiting Metrics

The Role of Onboarding in Employee Lifetime Value: Part 2

As People People, we know that investing in great onboarding makes for engaged employees. Our challenge is to build and run effective programs AND show the return on that investment to our leadership. Luckily, the data backs this up: Studies show that organizations with a strong onboarding process improve new hire retention by 82% and productivity by over 70%.

In Part 1 of this two-post series, I covered:

  • A review of ELTV, a framework for demonstrating the value of investing in good people practices

  • How we built Greenhouse’s onboarding program

In Part 2 (this post), I’ll share:

  • A quick refresher on ELTV

  • How we used ELTV to refine our onboarding metrics and

  • Some of our learnings from that process

Keep reading for more of Cheryl's observations and key takeaways!

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