Understanding hiring trends is essential for strategic workforce planning and optimizing your recruitment process. Hires Analytics in Kula provides you with powerful insights into your organization's hiring activities over time. By allowing you to track key metrics such as total hires and time-to-hire, you can identify patterns, forecast future hiring needs, and make data-driven decisions that enhance your recruitment strategy.
Key Metrics Overview:
Hired: This metric displays the total number of candidates marked as "Hired" within the selected timeframe. It gives you a clear understanding of how many positions were successfully filled during the period you're analyzing.
Time to Hire: This crucial metric calculates the average time it takes to hire a candidate, from their "Date of Application" to the moment they are officially marked as "Hired." The report presents the average time-to-hire for the selected timeframe, allowing you to assess the efficiency of your recruitment process.
Key Visualisations:
Hire Trend: A line trend chart that illustrates the hiring activity over time, helping you identify peaks, valleys, and overall trends in your recruitment process.
Hires by Department: A pie chart that breaks down the total hires by department, giving you insights into which areas of your organization are growing and which may need more attention.
Hires by Source: A bar chart that shows where your successful hires are coming from, whether it's job boards, referrals, or other sources. This helps you understand which recruitment channels are most effective.
Basic Analysis With Filters:
To ensure that the report aligns with your specific needs, you can adjust various parameters using the "Filters" option. This allows you to focus on the data that matters most to your organization.
Job Name: Filter the report by specific job titles to analyze trends for particular roles.
Job Type: Focus on different types of employment, such as full-time, part-time, or contract positions.
Job Status: Analyze data based on the status of job postings (e.g., open, closed, or filled).
Department: Customize the report by filtering data based on different departments.
Primary Recruiter: View metrics associated with individual recruiters to assess their performance.
Primary Hiring Manager: Filter data by the hiring manager overseeing the recruitment process.
Source (On Application): Understand which sources are contributing the most to your successful hires.
Location (On Application): Analyze hiring trends based on the geographic location of the job application.
Application Credited To: Filter by who is credited with bringing in the application.
These customizable options and visual insights make the Hiring Trend Analytics module an invaluable tool for optimizing your recruitment strategy and making data-driven decisions.
Advanced Data Analysis:
The "Hire Breakdown" section provides powerful tools to analyze your recruitment data in greater detail.
The "Group By" filter allows you to organize your data into specific categories, helping you identify trends and patterns across different dimensions of your hiring process.
Job Name: Group data by specific job titles to see how different roles contribute to your overall hiring numbers.
Primary Recruiter: Analyze the performance of individual recruiters by grouping hires based on who managed the hiring process.
Primary Hiring Manager: Group data by the hiring managers responsible for final hiring decisions, giving you insights into their effectiveness.
Source (On Application): Understand which recruitment channels are most effective by grouping hires based on the source of the application.
Department: Organize hires by department to see which areas of your organization are expanding and where there may be gaps.
Location (On Application): Group your data by the geographical location of the job, helping you assess hiring activity across different regions.
Credited To (On Application): See who is credited for sourcing the successful hires.
The "Breakdown By" filter allows you to further refine your analysis by adding a secondary layer of detail to the grouped data, helping you uncover more specific insights within broader trends.
None: View the data without any additional breakdown, focusing solely on the primary "Group By" category.
Job Name: Add a breakdown by job title to see the distribution of hires within each group.
Primary Recruiter: Further analyze the performance of recruiters within the selected group.
Primary Hiring Manager: Break down the data by hiring managers to understand their impact on the hiring process.
Source (On Application): Add a breakdown by recruitment source to see where successful hires are originating within each group.
Department: Refine your analysis by department, allowing you to see detailed hiring trends within each group.
Location (On Application): Break down the data by location to gain insights into regional hiring patterns.
Credited To (On Application): Analyze who is credited for hires within the selected group.
These "Group By" and "Breakdown By" filters offer a highly customizable and detailed view of your hiring data, empowering you to explore various dimensions of your recruitment process and make informed decisions based on the insights gained.
Timeframe Customizations:
To help you monitor and analyze hiring trends effectively, the “Hires” module in Kula allows you to view your data across various timeframes.
You can choose from the following timeframe options:
Yesterday: Review the most recent hiring activity from the previous day, ideal for tracking daily performance.
Last 7 Days: Analyze weekly trends, helping you identify short-term patterns and adjust your recruitment strategy accordingly.
Last 30 Days: Assess your hiring efforts over the past month, providing a comprehensive view of recent recruitment outcomes.
Last 3 Months: Examine quarterly trends to understand how your hiring process evolves over a typical business cycle.
Last 12 Months: Gain insights into long-term hiring trends, allowing you to assess your recruitment strategy over the past year.
Custom: Define a specific timeframe that best suits your analysis needs.
These customizable timeframe options give you the flexibility to explore hiring data across different periods, ensuring that your analysis is both relevant and actionable.
Exporting & Scheduling:
For ease of sharing and record-keeping, the "Hires" module in Kula provides convenient options for exporting and scheduling reports:
Download as PDF: To save or distribute your report, simply click on the "More" button located in the top right corner of the screen. From the drop-down menu, select the "Download as PDF" option. This will generate a professionally formatted PDF version of the entire report, making it easy to share with colleagues, stakeholders, or for your personal reference.
Schedule Email: If you need to regularly update specific stakeholders with the latest hiring trends, you can automate the process by selecting the "Schedule Email" option. This feature allows you to set specific times and frequencies for the report to be sent to designated stakeholders and ensures that everyone stays up-to-date with the latest offer metrics without manual effort.
These features enable you to efficiently manage the distribution of critical hiring data, ensuring that your team stays informed and aligned with your organization’s recruitment goals.
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