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What Should Staffing Software Do For You?

Automated Business Designs

Has your staffing software been a major disappointment? You did the research, compared products and thought you selected the best software for your needs. Do You Know Your Software? . If you are using your staffing software simply as a file cabinet to store resumes or look up phone numbers, you are missing out.

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Maximizing Staffing ROI: A Leadership Guide to Scalability and Profitability

AkkenCloud

Cost-per-Hire : Understanding the total cost associated with hiring a new employee is vital for evaluating the efficiency of the staffing process. This includes advertising costs, recruiter salaries, and any other expenses incurred during the hiring process.

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Unlocking the Power of Data: How Recruiting Analytics Software Transforms Talent Acquisition

Automated Business Designs

Turnover is important for assessing employee retention and stability. Time to Hire, Quality of Hire, and Turnover Rate can also play a role when marketing your staffing agency to potential customers. This can include money spent on job boards, advertising for a position, onboarding the candidate, etc.

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Top 10 KPIs Every Staffing Agency Should Monitor

Automated Business Designs

This can include money spent on job boards, advertising for a position, onboarding the candidate, etc. Perhaps you don’t have to advertise on a certain job board that isn’t bringing in quality candidates or you don’t need to ask candidates for drug tests if you are not placing them on an assignment yet.

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10 Tips for a Successful Recruiting Strategy

AkkenCloud

Therefore experiences like job advertisements, the online application process, and automated application responses could provide positive or negative reflections. Therefore, reducing the costly external recruitment charges linked to advertising on job boards or paying for background checks. Promoting a transparent recruiting approach.

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Looking Into the Digital Transformation of Recruiting

AkkenCloud

You won’t have to read a resume and open a different file to see the candidate’s cover letter, portfolio, or assessment. You might find that many candidates withdraw at the assessment phase. Therefore you can observe whether it is due to a time-consuming assessment or measures that the candidate sees as irrelevant skills.

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Understanding Staffing Turnover: Calculating and Reducing Turnover Rates for Staffing Agencies

COATS Staffing Software

What does this mean for your staffing agency? When your turnover rate is lower, your agency spends less on advertising, interviewing, new-hire paperwork, orientation, placements, and training. Turnover rates are critical indicators for staffing agencies to assess the effectiveness of their employee retention efforts.