One of the most common themes of the HCI Strategic Talent Acquisition Conference last week (you can see my recap here) was the need for recruitment metrics as part of any recruitment strategy. Capturing data on your talent acquisition process is integral for a variety of reasons, here are the most common I heard last week:
I think any recruiting professional would agree that metrics would help them do a better job and is a focus for their organization. They want the data to make these smarter decisions, improve time and resource allocation and better communicate talent acquisition’s value to the business.
The thing is, however, in talking with many organizations, they are still relying on outdated methods to capture data on where candidates are coming from. With the dreaded candidate self-selection being at the top of the list.
For those that do not know, candidate self-selection is the moment during the application process that the candidate is asked “How did you hear about this Job opportunity?”. The candidate then selects from a drop-down list that includes their Career Site, Referral and other sources. This source is then passed into the ATS for reporting properties.
There are several problems with this:
When using candidate self-selection for your source tracking you are condemning your source data to be inaccurate. And this can severely limit your ability to make educated and smarter decisions on the sources you use to attract candidates. Most importantly, this leads to sticking with the status quo in terms of your recruitment marketing mix ensuring you are not able to get more out of your recruiting budget and the sources you use.
So I hope at this point you understand the need to ensure the source data that is flowing into your ATS is accurate. The next obvious question is how do we do this? If you are interested, here’s what I suggest:
1. Talk with your ATS provider.
2. Talk to your Job Distribution provider
No matter if you add the ATS source code manually to your job ads or via a job distribution solution, it’s important to make this a part of your process as the source data you pull from your ATS cannot be trusted unless you ensure the accuracy of it.
In order to get more strategic with your recruitment marketing strategy, it’s important to have accurate actionable data. This means ensuring that the data coming into your systems is correct and that all the initiatives you utilize for recruiting are measured for performance. As an industry, we need to begin doing things not because it’s what we’ve always done but because it works in attracting qualified candidates.
And this all starts by ensuring we have the most accurate data possible.
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