Cytiva Announces New SonicRecruit "Quality of Hire" metrics

Chicago, IL - Cytiva Software Inc. , a leading provider of on-demand recruiting software solutions, announced recently the upcoming availability of a new set of tools for helping organizations measure and improve their "quality of hire."

Generally available November 2007, this new functionality enables companies to track key metrics that can help them understand and refine their hiring efforts and help them improve the quality of the employees they hire using SonicRecruit.

With the new release, SonicRecruit will be able to track and report on the following metrics:

• Percent of "first choice" hires. Companies will be able to track what percentages of the candidates they hire were at the top of their list of desired candidates.
• Tenure of new hires. SonicRecruit will track how long new hires stay with the company, and let organizations track reasons for leaving to help address issues regarding retention and success rate of hiring decisions.
• Percent of employment offers accepted. SonicRecruit will track what percentage of employment offers were accepted along with what percentage were rejected and why. This allows companies to measure the effectiveness of their offer packages and adjust them for maximum success.

These three metrics will be visually represented in SonicRecruit's Analytics Dashboard, so that clients can not only track traditional metrics like time to hire, cost of hire and process bottlenecks, but they can get a clear representation of vital metrics for measuring just how effective they are at bringing in top talent.

These three metrics will be visually represented in SonicRecruit's Analytics Dashboard, so that clients can not only track traditional metrics like time to hire, cost of hire and process bottlenecks, but they can get a clear representation of vital metrics for measuring just how effective they are at bringing in top talent.

• 100% increased "quality of hire"
• 48% decreased "cost of hire"
• 54% hired their top choice candidate in more than half their hires

"While Aberdeen Group's recent report on talent acquisition clearly showed that ‘Best In Class' organizations measure quality of hire, it also found they often struggle with how to measure it effectively," said Jason Moreau, president and CEO of Cytiva Software. "These new tools give SonicRecruit clients a powerful way to manage their quality of hire to achieve ‘Best in Class' status."

SOURCE: Cytiva Software Inc.