Recruiting can often be a time-consuming and costly endeavor. But just how time-consuming and expensive is it? And how can we efficiently gather and present this information in a way that’s easy to understand?
Imagine if we told you that all this crucial information is just a few clicks away, thanks to the Hirezon’s Interview Exchange Applicant Tracking System (ATS). For more than two decades, our ATS has been providing comprehensive reporting capabilities, including several key metrics that can help you gain insights into your recruitment efforts.
Have you ever pondered these questions:
Time-to-Fill Metrics: Have you ever wondered precisely how long it takes to fill open positions? With our ATS, you can access this information organization-wide, whether on a month-by-month or annual basis. Our time-to-fill reporting not only summarizes all hired candidates but also provides valuable data for leadership, offering recruiting metrics on demand.
Cost-Per-Hire Analysis: What is the cost-per-hire for your organization? Our system simplifies this calculation by generating an Excel spreadsheet containing all posted job listings over a specific period. Just input the total expenses associated with each open position, and our system will compute the cost per hire. It doesn’t stop at advertising costs; it also considers ancillary expenses like travel, relocation, and search firm fees if applicable.
Effectiveness of Advertising Spending: Are your advertising dollars being spent effectively? What’s the Return on Investment (ROI)? Can you measure the diversity of your applicant pool? HR professionals understand the importance of collecting and reporting on these metrics to demonstrate ROI. Such data can prove especially valuable during budget discussions and Diversity, Equity, and Inclusion (DEI) deliberations. Now, you can have these metrics at your fingertips whenever you need them.
Additionally, our reporting capabilities are not limited to HR. Search Chairs and search committees can leverage our system to gather and organize applicant information throughout the recruitment process. Rest assured, our system offers user-specific roles, giving you control over the information users can access. Your team won’t inadvertently view EEO, diversity data, or other protected information.
Ready to enhance your recruitment efficiency? Request a meeting with us to explore how our Applicant Tracking System can assist you. We offer not only efficient recruitment tools but several insightful reports that you can present to your leadership team, supporting your recruitment initiatives.
