Data is the new oil, especially in HR. In a world driven by results, tracking the right recruitment metrics helps teams identify inefficiencies, predict outcomes, and improve overall hiring quality. Hirava's RMS makes it easy to monitor, analyze, and optimize your hiring process.
Understanding Your Hiring Velocity with Time-to-Hire
This essential metric measures the average time taken to fill a position, from the moment a job is posted to the final offer acceptance. A long hiring cycle can signal critical bottlenecks in your process. With Hirava, you can pinpoint delaysβwhether in sourcing, screening, or interview coordinationβand take decisive action to resolve them, ensuring you don't lose top talent to faster competitors.
Measuring Success with Quality of Hire
True hiring quality isn't just about filling a role; it's about long-term performance and contribution. Hirava's post-hire data integration allows you to track new hire performance against their initial KPIs. This crucial feedback loop helps you determine if your hiring criteria are truly aligned with long-term success, allowing you to refine your strategy over time.
Gauging the Candidate Experience Score (CES)
In today's transparent world, a poor candidate experience can significantly harm your employer brand. Through post-process surveys and communication tracking, Hirava calculates a Candidate Net Promoter Score (NPS) that reflects overall satisfaction. This metric provides invaluable insight into how candidates perceive your brand, even if they don't get the job.
Optimizing Your Sourcing Channels
Do you know where your best candidates are coming from? The Source of Hire metric is key to understanding your recruitment ROI. Hirava helps you allocate your budget more effectively by analyzing the performance of various channels, including job boards, employee referrals, social media campaigns, and your own career pages.
Analyzing Your Offer Acceptance Rate
A low offer acceptance rate is often a symptom of deeper issues. When top candidates frequently decline your offers, it could signal a misalignment in compensation, culture, or expectations. Hirava provides crucial insights into candidate feedback, helping you understand why offers are being rejected so you can adjust your approach.
Reducing Friction with Application Drop-Off Rate
If a high number of candidates start but fail to complete your job application, it's a major red flag. This drop-off rate often suggests a complicated, lengthy, or non-mobile-friendly application process. Hirava helps you optimize your form design and application flow to reduce candidate friction and maximize completions.
Conclusion: From Measurement to Mastery
What gets measured gets improved. With Hirava RMS, you gain access to real-time, actionable insights into every stage of the hiring funnel. This empowers you to move beyond simple tracking and achieve a data-driven recruitment strategy that consistently delivers outstanding results.
Ready to Master Your Recruitment Metrics?
Discover how Hirava's RMS provides real-time insights and analytics to optimize your hiring process and drive better recruitment outcomes.