What metrics are you using to track your company’s job search efforts? For most busy HR executives, the answer is … not many. Between managing employee concerns and handling repetitive tasks like payroll, it’s not surprising your human resources team is stretched thin. However, failing to track application costs and other factors can put you at a serious disadvantage. Read on for details:
Importance of Tracking Application Costs
Employers have myriad options when it comes to finding candidates through job boards. However, not all recruiting methods are created equal. While employers can post to certain boards for free, others charge a fee for the privilege. If you aren’t keeping track of what your company is spending on applications, you might want to start. The last thing you want to do is blow your recruitment budget on one board, especially if it’s not yielding the desired results.
Posting to Job Boards
Of course, deciding what boards to post to isn’t just about the monetary commitment. You also have to think about the time you’re spending creating job listings. How easy are boards to navigate for both you and prospective applicants? Studies show candidates are likely to abandon applications that are overly long or involved, so choose your job boards – and application questions – with care.
Paying for Presence vs. Performance
In some cases, companies pay a lump sum to list a job for a period of time, such as 30 days. In other cases, employers pay per clicks or results. This is the case with Indeed, the first site to use a pay-per-click model with its job listings. It’s wise to do your research before investing your recruitment dollars. Choose the model that’s right for you and set a maximum budget.
Trust Accurate Personnel to Assist With Your Job Search
Offering direct hire and temporary staffing solutions for a range of industries, Accurate Personnel has a proven approach to finding exceptional talent. Rather than using cookie-cutter staffing solutions, we find the right person for the job the first time, every time. To learn more, schedule a consultation or submit a job order on our site.