A vital skill for recruiters: how to track and maximise your recruitment budget
This post is sponsored by Indeed.com.
Getting the right candidates at the right time is probably the biggest challenge that unifies recruiters, from those working in multi-billion dollar companies to startups and those in small retail showrooms. Today there are several channels that enable this. Recruiters can run campaigns on pay per click sites, earned or owned media as well as other recruitment channels. However, all this comes with a price tag. Sit is important to optimise the expenditure in such a way that that it delivers ROI along with results. Keeping a tab on metrics becomes vital for recruitment.
With almost every business sector becoming increasingly metrics driven, recruitment is no exception. As recruiters, you need to look at channels that give you both efficiency and volume. You need data that will help you make informed decisions. Metrics add a world of value, whether it is enabling better decision making, faster recruiting, building better relationships, transforming the talent pipeline or improving the candidate experience.
The question that most recruiters ask is how to make the most of the recruitment budget? Helping recruiters answer this question is Indeed. As the world's top job site, Indeed helps millions of job seekers and employers find the right fit.
Why should recruiters attend the webinar?
“While the conversation around metrics-driven recruitment isn’t new, many organisations still struggle with gathering recruiting data and translating numbers into action. From not knowing which metrics matter, to doing the legwork to define and build internal processes for source tracking and reporting, the work can seem overwhelming. But it is possible to make smart, data-driven decisions,” says Sashi Kumar, Indeed- India Head.
Sashi explains that with the right tools and an understanding of how to measure your inbound and outbound recruiting in a way that reflects your goals, you can create a powerful system that keeps driving your talent attraction strategy forward.
At the webinar, Sashi will discuss strategies that will help recruiters reach the right candidates in a competitive labour market, while using automated source tracking to get an accurate source of hiring data and implementing a source scoring methodology to easily track performance.
Sashi is a seasoned leader with over 14 years of experience across diverse portfolios including new product evangelisation, enterprise sales management and international sales. He specialises in the internet industry, recruitment solutions and HR automation. Sashi's in-depth knowledge and vast experience in the Indian recruitment space has made him a go-to person when it comes to understanding how companies can tailor their recruitment strategy and ensure success in the very competitive talent search market.
Learning from the expert
Establishing itself as a thought leader in the recruitment space in India, Indeed has organised a number of webinars in the past focussed on aspects such as what it takes to attract talent today and why the old myths about recruiting no longer apply. Indeed also shared research on the science behind the job search and how candidates make career decisions today. Other topics included ways to future-proof your talent attraction strategy, and a data-driven look at job search and candidate behaviour trends.
While there are several players in the talent marketplace, what has made Indeed one of the most sought after job sites is its unique model where only a candidate interested in a given job applies by clicking on the company job posting. Also, in most job sites and talent marketplaces, recruiters need to scan through a database, filter candidates, many of whom may not be interested in joining a given company, to connect with them. At Indeed, they have the ability to only reach out to only active candidates. That is one of many reasons why it is not only popular with recruiters but also job aspirants – 200 million job aspirants worldwide log on to Indeed every month!
Want to make your startup journey smooth? YS Education brings a comprehensive Funding Course, where you also get a chance to pitch your business plan to top investors. Click here to know more.