Monday, March 8, 2010

Candidate Shortlist Very Important in Europe

2009 was a unique year for recruiting globally, but European organizations had their own set of challenges.

Across 2009, the Roundtable launched an exclusive European cohort of the Recruiting Effectiveness Dashboard (RED) to help our members hiring in Europe better understand the local recruiting climate.

What we found is intriguing. While European hiring managers are still rating their new hire performance below the global benchmark, the rating has improved steadily over the last year and half. This increase is occurring as the RED global benchmark has remained pretty much flat.

Why is new hire performance in Europe rising?

European hiring managers are now more frequently reporting that they were interviewing ‘A-level’ candidate shortlists. European hiring managers who interviewed an ‘A-level’ candidate shortlist observed 20% higher new hire performance than their peers who interviewed a ‘C-level’ shortlist observed. This reinforces, particularly for our European colleagues, the importance of putting together high-quality shortlists and how recruiting functions can help influence quality past the point of hire.

For resources to track, trend, and benchmark your critical recruiting metrics, visit the
Recruiting Effectiveness Dashboard (RED). To learn more about European recruiting trends, Roundtable members can view the webinar replay, Findings from 2009 RED European Cohort .