Determining ROI for Your Company

Questions to Determine ROI for Your Company:

Is the company website attracting the right talent?

• How many resumes do you receive on your website?
• What is the resume to position ratio?
• How many of the received resumes are worth calling?
• Do you track resumes per posting?
• How many of those called return your call?
• Of the call backs, how many are worth moving forward?
• How much time have you spent on this process?

Does your company recruit or screen resumes?

• Do you screen all resumes submitted to the company website?
• Do you actively recruit from other companies?
• How many channels do you use to attract talent?

Do you track the time spent recruiting?

• Time to post job description?
• Time to sort through resumes?
• Time spent calling / interviewing candidates?
• Time between interviews keeping the candidates interested ?
• How many offers go out according to category (internet candidates / referrals / outside recruiters) ?
• How did the candidates perform ?
• Which recruiter submitted the best candidates and what are the ratios ?

Do you track your “KPI’s?”

• Calls per day ?
• Search Assignments to calls ?
• Candidates per call ?
• Search Assignment to Placement Ratio ?
• Candidate to Placement ratio ?
• Cost per hire ?

By tracking this data you can make a solid decision to determine ROI. By using this data your company can manage time and resources with a great deal of efficiency. “Nothing is more devastating to an opinion then a number.”