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RECRUITING RETURN ON INVESTMENT Getting the Most out of Your Applicant Tracking System April 2, 2015

HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

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Page 1: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

RECRUITING RETURN ON INVESTMENT

Getting the Most out of Your Applicant Tracking System

April 2, 2015

Page 2: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

What to Expect on Today’s Webinar

• About HireClix• What you will Learn…

• Improve the Quality of Your Data – ATS Tracking• Create Metrics to Assess Recruitment Marketing• Leverage Metrics to Market Your Jobs & Brand• Structured Testing of New Channels

• Questions

Page 3: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

HireClix – Digital Recruitment Marketing Agency

• Based in Boston, MA• Core Digital Marketing Team from Monster.com• Work as an Agency of Record for HR Teams• Consumer Ad Agency Approach to Recruiting• Manage Recruitment Advertising Investments• Independent Advisor – Media & Technology• ATS Analytics Practice – Strategically Leverage Data• Drive Key Recruiting Initiatives

- Hyper-Growth - Seasonal - Campus- Diversity - Employer Branding

Page 4: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Recruitment Media Strategy

Page 5: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

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Recruitment Marketing Options

Where to Start with Your Recruitment Advertising• Traditional Job Board Ads• Social Media Recruiting• Job Search Engine Ads• Major Search Engine Ads• Niche & Local Job Board Ads• Targeted Banner Ads• Diversity Candidate Network• Retargeting Ads• Mobile Ads

Page 6: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Improve the Quality of Your Data

Page 7: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Quality of Your Little DataATS Source Tracking is Underutilized by Most Organizations

Indeed24%

LinkedIn Job Slot22%

Career Site20%

Employee Referral13%

AppCast8%Staffing Firm

5%

LinkedIn Sourcing3%

ZipRecruiter2%

Simply Hired1%

Other2%

Source of Applicants – March 2015

Page 8: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Small Changes Make a Big Impact

• Targeted Recruitment Ad Shown During Online Experience

Advertising Units Drive Premium Position & Extra Candidate Volume

Page 9: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Understanding Free vs. Paid

• Targeted Recruitment Ad Shown During Online Experience

Page 10: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Quality of Your Little Data

• Targeted Recruitment Ad Shown During Online Experience

Page 11: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Creating Key Metrics

Page 12: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Creating Key Metrics - Advertising

Page 13: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Where are Quality Applicants From?

Leverage Applicant Status vs. Source Report

• Custom Reports by Candidate HR Status – i.e. “Interview”• Deep Understanding of Quality Conversions by Req• Review & Analyze Candidate Pipeline by Source

Page 14: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

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Managing Campaign Level Metrics/Reports

Page 15: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Leverage Your Metrics

Page 16: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Leveraging Metrics - Better Decision Making

Employee Referral

51%

LinkedIn Sourcing

14%

AppCast12%

LinkedIn Job Slot

7%

Indeed6%

Career Site4%

ZipRecruiter2%

Email2%

Simply Hired1%

College Recruiting

1%

Source of Quality Applicants - April 2015

Page 17: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

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Revisit Data to Make Better Decisions

Page 18: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Creating Structured Tests

Page 19: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

How Do I Test Something New?

• Review Your Current Sources• Decide What You Are Testing

• Trying to Diversify into Something New• Trying to Get a Better Rate on Something I do Today

• Always Define the Test• How Much of an Investment?• How Long will it Last?• What is Considered a “Sign of Life”?• What is Considered a Success?

• Always do a Test Apply to Confirm Your Tracking is Working• Review Early & Often

Page 20: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Deciding What to Test…

Leverage Metrics You Know……we get applicants for $12.50 from Indeed so…

Apply Today

Be One of our All-Stars

• $3,000 Budget for 2 Months

• How Fast to Get 10 applicants?

• Can we get applicants for Under $50

Page 21: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Summary

Page 22: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Keys to Recruiting ROI

• Establish Discipline Around ATS Tracking• Understand Your Base Metrics for Acquiring

Candidates• Leverage Your Quality Applicant Metrics to Make

Investments• Test New Channels in a Structured Manner

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ATS Reporting & Analysis

• Advise & Manage ATS to Develop Best Practices• Assess & Improve Data Integrity within the ATS • Establish Consistent Candidate Source Tracking• Better Visibility into Investments & Rapid Optimization• Flexibility to Work with any ATS

Page 24: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

HireClix – Customers

Page 25: HireClix - Recruitment Ad Agency - Recruiting ROI - Getting the Most out of your ATS

Questions?

Let’s Connect…LinkedIn - https://www.linkedin.com/in/neilcostaEmail [email protected] 617.899.1166