Posts Tagged ‘RPO’

RPO Performance Metrics: Recruiting Analytics that Matter

July 11th, 2011

Newton Software’s Joel Passen is a featured presenter at HR.com’s Recruitment Process Outsourcing Virtual Workshop on July 19th at 12:30 EDT.

Register Here

New Tech Page Image 6 10 (2)Due to current unstable economic conditions, an increasing number of companies have started to use recruitment process outsourcing as a way to eliminate the fixed costs of a corporate recruiting staff, software, contractors and the use of staffing agencies. In the procedure of recruitment process outsourcing (RPO) an organization will outsource either all or part of their recruitment requirements to an outside company who concentrates solely on locating, approving, and delivering candidates for the hiring company to consider.

Given the development and buzz around the RPO industry, providers have been overpowering the market with information. Many of these vendors can and will give reasons to choose their service over that of their competitors. But in the long run, it’s really all about performance and reliability.

All service providers must be held accountable with performance metrics. Recruiting analytics are a necessary feature to the success of any RPO program. Vendors that use these metrics in their process are able to correct small problems before they become large issues. These metrics also allow for conversation that lead to improvements and bring the vendors to the front of the RPO industry.

During his presentation, Joel will present a guide to assist HR practitioners make sense of recruiting performance metrics. He will show the best practices and suggest certain vital metrics that must be captured as part of any RPO, regardless of size.

Joel Passen is a recruiting industry veteran and blogger on merging issues, innovations and trends in the recruiting industry. He started as a corporate recruiter and went on to co-found Gravity Technologies, a company that operates in the human capital management industry. Currently, he is the Head of Marketing and Co-Founder of Newton Software.

Newton Software is easy-to-use applicant tracking software and which offers a variety of features including EEOC/OFCCP compliance, intuitive recruiting processes and dashboards, and real-time recruiting analytics.  Find more information at www.newtonsoftware.com