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The Recruiting Metrics That Actually Matter

Newton Software

Candidate Source Summary. Retention and First-year Attrition. This metric, known as Candidate Source Summary, is one of the most important recruitment metrics that a company can track, as it can provide companies with a good idea of what sources the best candidates come from. Candidate Source Summary.

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Using a Recruiting Pipeline to Optimize Hiring

Newton Software

Finding Qualified Candidates – Examine Your Sources. The first step to building a quality recruiting pipeline is to hone in on the best sources of quality candidates, and focus your recruitment efforts on those areas. Job boards, schools and other candidate sources are no different. Candidate Screening. Request A Demo.

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8 Things You Must Know About An ATS

Newton Software

Not only can you manage communication with applicants from multiple sources, but an ATS also provides a database of information. Having one source of truth in your HR department will save hundreds of hours searching for resumes and records of communication. . Hot Hiring Pipeline . ATS Drives Diversity.

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The Ultimate Hiring Toolkit

Newton Software

Increases employee retention rates. This template includes the key elements proven to be important for job seekers and is an actual job description we have used at Newton to build the strong team we have today. Candidate Sources. Effective onboarding is vital to employee retention. Makes you better at selling the job.

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HR Takes Center Stage During the Pandemic

Recruiting Daily Advisor

Source: ImageFlow / Shutterstock. If there is a silver lining to be found in this year, it lies in the opportunities to positively impact employee morale, well-being, retention, and productivity—all elements necessary for business growth and profitability. In the span of a mere 8 weeks, unemployment shot from under 4% to nearly 15%.

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What the New Overtime Rule Means for Recruiters

Newton Software

If employers do choose to switch their entry level management positions to nonexempt, we anticipate a significant decrease in employee buy-in which will inevitably lower retention rates. As a result, their time to hire may increase because they will need to spend more time sourcing and vetting candidates. Interested in learning more?

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Introduction to Recruiting Metrics FAQ

Workable

Source of hire. For example, you may choose to calculate new hire retention rates annually, but decide to track your source of hire on a quarterly basis. HR: new hire retention rate after a year. This metric shows how effective your sourcing and advertising techniques are in attracting the right candidates.