Recruiting is arguably the HR function with highest visibility across every organization. Talent acquisition remains an ever-present concern for business leaders who risk declines in productivity if they can’t fill their talent pipeline. To ensure success, HR teams need be vigilant about measuring the effectiveness of the hiring process.
But that’s easier said than done. While plenty of applicant tracking systems and other recruiting tools are set up to report on hiring activities, rates, and costs, they typically stop tracking applicants as soon as they’re hired. Because of that crucial limitation, measuring the lasting impact of the recruiting process becomes a daunting, insurmountable task.