The HR department in any company plays the most crucial part in its growth with the task to recruit new employees. Well it seems a very easy thing to do. However this is not an easy job. The HR department is responsible for the hiring of a responsible and hardworking employee who understands his job and is ready to work with positive energy.
Today I will discuss with you the guidelines and rules that you can follow in order to measure recruitment effectiveness for a successful hiring.
Define Right Metrics
First of all you need to define the right metrics so that you can assess the changes and update that have been made in your company. HR department must seek the new ways to come forward and to handle the pressure. If HR department become successful in choosing the right and efficient people then it can help organization to achieve its goals.
Four Formal Key Metrics
In general there are for key metrics that are used formally to measure the recruitment efficiency. These are as follows:
- Cost per hire
- Process Cycle Speed
- Customer Satisfaction
- Quality of the procedure
General Metrics
A lot of things can be managed and able to fix by setting up the proper metrics. These metrics may include need to recruit the people, their qualification, their past experience in related work, their dedication towards their work, their liability for the important tasks, their ability to meet deadlines and their hardworking nature.
These metrics for recruitment are the main determinant for the successful of any organization. Aside from these, the time consumed, the labor, the expenses, and the resources are also being metrics for the recruitment process.
HR Tools
Just like other actions which can be measures through pre-set metrics there are also some best tools that can be utilized to have clear indications of the recruitment efficiency. The value of the process can also be measured which has a significant importance since the whole staff is being scrutinized.
Right Details
Before defining the metrics first set up a beginning point so you should know where you start from. You must have the right details that are going to lead you into the position as well as other factors based on the people, supply chain and cost.
Benchmarking System
All of these are important and they make sure that the recruitment of new employees is done meticulously and carefully. No matter what metrics you used for your hiring process but there should be a benchmarking system and a scoring mechanism.
Read More:-Free Tools of HR Management