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No manual tracking, scheduling, or cleaning up data to generate reports that make sense and offer insights. Like bread from the toaster, they just pop out when it’s time.
Set up time: 10 minutes (+ an additional one minute for signing up if you are not a Freshteam user already.)
Time saved per month: At least 20 hours.
They will transform your sourcing!
You will gain clarity about what’s happening in your sourcing process and be in a better position to make decisions that will lead to hiring success.
The automated reports from Freshteam make vital information available on time, or in fact at the earliest, making it possible to take corrective actions before it’s too late. It eliminates all kinds of manual tracking, documenting, and reporting. You don’t even have to stretch into the night right before your meeting days to make the data presentable because Freshteam offers you highly effective visuals - charts and graphs!
In addition to all this, you can even schedule the reports to automatically be sent to all the stakeholders at periodic intervals for review.
Cost-per-hire by source - The report will help you compare the cost per hire for the different candidate sourcing channels you are using but make sure to use this in the context of other important recruiting metrics such as time to fill and quality of hire.
Time-to-hire by source - The report reveals the time taken to hire a candidate through the different sources. It measures the time taken between when a candidate is first approached and the day when the candidate accepts the offer rolled out by you.
Offer declined reasons by source - This report helps you identify if there is any correlation between the channel through which they enter your hiring process and the reasons your candidates reject your offer. Here is an example: Most candidates from Github didn’t take the offer because of the compensation package offered.
Rejected candidates by source - This report helps you evaluate the quality of candidates a source is bringing in, and if there is any correlation between the reason they are rejected and the source. For example, some sources may be pumping in overqualified candidates or underqualified candidates, or candidates who are not willing to relocate, and so on.
Top source categories of offered candidates - This report narrows down and shows you the top source categories from which most of the candidates who were offered a job entered the hiring process of your company.
Top source categories of hired candidates - This report is very similar to top categories of offered candidates, just that this list is based on hired candidates.
The trend of job applications - This report shows you the rate at which candidate applications have been flowing in during a specific period of time. You can use this report to measure the impact of any of your recruitment marketing activities on the rate of incoming candidate applications.
Candidates by sourced vendors - This report helps you compare the number of candidates sourced by different vendors and recruiting agencies your team works with. The inputs from this report help you evaluate your vendors and give them feedback that can enhance the process.
The Freshteam library of reports has a lot more insightful reports such as top referring employees, total candidates by source, total candidates by source category, candidate funnel status, the total number of active jobs, and so on.
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