Quality hires are more important than applicant volume

Posted on October 22, 2008
Filed Under Applicant Tracking, Best Practices |

We often talk about ‘tight’ labor markets and the need to drive applicants in order to source the best candidates. And many HR departments measure the success of an advertising medium on the applicant volume thinking that if they source enough applicants, they are sure to find good candidates and ultimately make a quality hire.

In Nevada, we rarely have the opportunity (which is a good thing) to talk about ‘loose’ labor markets where there are an abundance of not only unqualified, but qualified, candidates in the talent pool. During this time, we need to adjust some of our measurement tools to pay more attention on the quality of the ‘hire’ and not the volume of applicants. We know the volume will be there for some time and there will not be an abundance of Nevada jobs.

Quality of Hire is surely the best recruitment metric to measure. Now is the time to perfect this process.