Accelerating the Recruiting Funnel
It can take hundreds of candidates to fill one position. That may seem excessive, but after considering all the steps candidates go through — seeing a requisition, applying, interviewing, receiving an offer, and finally accepting the position — it’s easy to see all the ways candidates are weeded out. The good news? Recruiting can be optimized at every step through employer branding, sourcing, candidate experience curation, selection and insights. In this session, Andre Boulais, talent acquisition specialist at Jobvite, will share how brands can improve and accelerate every step of the funnel to bring in high-quality talent quicker than ever before. In this session, attendees will learn: • A concrete knowledge of each step of the recruiting funnel. • How the recruiting funnel maps to candidate experience. • Actionable tips on optimizing each step of the recruiting funnel. Speaker: Andre Boulais, Strategic Account Director, Jobvite
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Accelerating the Recruiting Funnel
- 1. Accelerating the Recruiting Funnel Andre Boulais Strategic Account Director Jobvite
- 2. Deconstructing the recruiting funnel
- 3. The Recruiting Funnel Benchmark Analysis • 50 million job seekers • 10 million applications • 2000 companies • 10 Industries
- 4. Employment Branding Candidate Pipeline Candidate Experience Candidate Selection Insights
- 5. 5%Career site visitors to apply pages
- 6. 11%Apply pages views to Applicants Number of Questions
- 7. Recruiter vs. Job Seeker Activity
- 8. 59Average number of applicants per open requisition
- 12. 43Days Average Time to Hire
Notas do Editor
- Clarify 50 million and 10 million Add benchmark numbers slide 6 Segments by employee size all included
- Include the percentages
- 95% drop off
- You need about 10 people to see a requisition for 1 person to apply! If your conversion rate is more than 11%, you are doing great; you probably have an awesome brand and a killer career website. If your conversion rate is less than 11%, you are below the industry benchmark, so you should prioritize improving your employer brand and optimizing your career website.
- Average number of applications per job
- Conversion from applications to interviews, every 9 applications gets 1 interview.
- Conversion from interview to offer, 1 out of 6 candidate that gets to interview recieves an offer.
- Conversion from offers to hires (almost everyone who receive the offer accept the offer). Only 10% in average rejects, so 1 out of 10.
- Time to fill in average is 43 days.