Analyzing External Candidate Source Effectiveness and ROI (Strategy Brief)
- Brandon Hall Group
- Talent Management, Talent Acquisition
Brandon Hall Group’s Strategy Brief addresses how organizations can analyze and optimize their external recruitment channels through data-driven decision making. Only 15% of organizations have defined metrics for assessing talent acquisition impact, highlighting a critical gap in recruitment analytics.
The Strategy Brief outlines four key areas for improvement: identifying essential metrics (like time-to-fill and cost-per-hire), developing consistent tracking methodologies, implementing analytical tools for meaningful insights, and using these insights to optimize recruitment strategies. By following this framework, organizations can enhance their hiring efficiency, improve candidate quality, and maximize their recruitment ROI while better aligning talent acquisition efforts with business objectives.
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