Well, what a fast year it has been so far. I cannot believe, as we look at the calendar, we are almost at the end of the first quarter of 2023. With this in mind, keeping track of performance throughout the year is crucial to ensure you meet your targets and improve results, so a first quarter review is a very positive way to reflect on what has been achieved so far. In this blog, we suggest ways to assess your recruitment performance one quarter into 2023.
To begin, review your recruitment metrics.
It is useful to analyse your recruitment metrics, including the number of new job vacancies you had, the number of applications/candidates endorsed for each vacancy, the timeframe involved for the end-to-end recruitment process for each vacancy and the number of resources allocated for each hire. Understanding these indicators give an idea of how the recruitment process is performing by looking at your goals and how you are tracking as well as identifying improvement areas.
Once you know your metrics, and how you’re performing, it is beneficial to assess your recruitment strategy.
Establishing whether your strategy aligns with the company’s objectives is a great place to start. If your strategy isn’t helping you achieve your recruitment goals, and if you can see there is mis- alignment with your strategy and the company’s objective, then you may need to consider making changes. For example, if the company is finding success through certain channels or attracting talent with certain approaches, investing more time in different spaces and/or readjusting your messaging and approach, could help attract an increase in qualified candidates.
Now can be a great time to assess your candidates and client’s experience across the first three months.
Candidate and client experiences are essential within your recruitment success. It can be very beneficial to look at the feedback received so far to understand how your service is being delivered and received by your candidates and clients. If you find that there have been instances for improvement, consider implementing changes to ensure for the next three months, the experiences of your recruitment process can be more positive.
Finally, review your recruiter brand. This is critical in attracting top talent to your vacancies.
It can be very beneficial to look back at your brand and marketing activities and determine if it is making a difference and resonating with your target audience. Are you being visible enough in person and on social media? Are you staying current with market trends and sharing thoughtful insights with your clients and candidates? And are your vacancies getting the media presence necessary to attract talent? Once again, if there are areas clearly missing the mark, then look at what you can do differently moving forward to ensure you are branding yourself effectively.
This year is already off to a flyer and before we know it, it’ll be summer again. To ensure we don’t lose track of our end goals, it is important to step back for a second, reflect and review on how they’re measuring up. This blog seeks to suggest ways to reflect on the first quarter, and to ensure you set yourself up to be as successful as possible with the remaining quarters of the year.
