Monday, July 13, 2009

From Ineffective to Destructive

Most recruiting organizations find more than 25% of their sourcing channels to be less than effective. With the active labor market today even more aggressive, recruiters are saying that ineffective sourcing channels can easily become pain points for application overload.

The best sourcing channels in today’s labor market are those that allow you to target your outreach to the highest proportion of high-quality candidates in a cost-effective manner. To pinpoint ineffective channels, add a quality-, speed-, or cost-related sourcing channel metric to track in your scorecard. Alternatively, require vendors to provide results-oriented reporting; for example, see the new pricing model among some major job boards.