Hireology’s new insights page enables users to access advanced, customizable reporting features, facilitating in-depth analysis of hiring metrics and overall business performance.
In this article we will cover:
- Insights Features
- Roles & Permissions
- Data Glossary
- Hiring Velocity
- Hiring Velocity by Location
- Funnel Report
- Souring Performance
- Hiring Steps
- User Activity
- FAQs
Features include:
- Data on Demand: Access critical hiring metrics and insights instantly. Users can pull reports and analyze data when they need it, helping them make real-time decisions to optimize their hiring processes.
- High Level & Drill Down Views: Get both high-level overviews of key metrics and the ability to drill down into granular data points. Whether you want to assess overall performance or focus on specific roles, locations, or hiring steps, users can toggle between summary views and detailed insights to uncover actionable information.
- Filters: Segment and analyze data based on criteria such as department, location, job type, and more.
- Self-Scheduled Reporting: Users can designate recipients to receive data via email at their preferred frequency, or schedule reports to be delivered via secure methods like SFTP or Google Drive.
- Data Export: Effortlessly download reports as PDFs for easy sharing and presentations, or export data in CSV format for more in-depth analysis.
Roles & Permissions
For users with “Can access insights and reporting” permissions, the Insights tab will appear in the left-hand navigation menu. For users with multi-location access, they will only be permitted to view data for the locations they have access to.
Data Glossary
Review the below definitions to understand the criteria behind crucial data points.
- Time to Review:Average time it takes a team member to take action on an applicant after they apply. Measured from time of application until an application/resume is viewed or is advanced/declined.
- Percent Reviewed: From the total number of applicants that applied, what percent of them did the team review?
- Time to Hire: Average time it takes to hire an applicant. Measured from time of application until the hire button is pushed.
- Time to Fill: Average time it takes to fill a job. Measured from time of job creation until the hire button is pushed.
- Time to First Outreach: Average time it takes to reach out to an applicant via text or email. Measured from time of application to the first text OR email sent time.
- Time to First Interview: Average time it takes to schedule and conduct an interview. Measured from time of application to interview completion.
- Time to Onboarding Completion: Average time it takes for a new hire to receive and complete their paperwork. Measured from time of hire until onboarding paperwork is complete.
Hiring Velocity
Toggle to the 'Hiring Velocity' tab to view and filter data based on your hiring processes speed.
Review your hiring teams velocity and compare it to the industry average. Understand how your velocity is trending to stay on track with hiring goals.
Data insights available include:
- Percent Reviewed
- Time to Hire
- Time to Fill
- Average Time in Each Hiring Step
- Time to Onboarding Completion (If Applicable)
- Time to Hire by Job Role
- Time to Fill by Job Role
Hiring Velocity by Location
Toggle to the 'Hiring Velocity by Location' tab, available to accouts with multiple locations, to provide visibility to the metrics that matter across your organization.
Funnel Report
Toggle to the “Funnel” tab to see applicant flow and understand your organization’s conversions to hire.
Review funnel data by:
- Applicants by month
- Applicants by Department
- Candidates by Month
- Candidates by Department
- Hires by Month
- Hires by Department
Review total declined by disposition code as well as conversion rate by department.
Sourcing Performance
Toggle to the "Sourcing Performance" tab to view and filter your applicant pipelines.
Review the quantity and quality of applicants by source, identify which applicant sources are converting to hires, applicant to candidate conversion rates, and Hire source by job role.
Review total conversion rates by source as well as data around sponsored roles, if applicable.
Additionally, track success metrics related to referral campaigns, if applicable.
Hiring Steps
Toggle to the "Hiring Steps' tab to review and filter data on the volume of hiring steps completed, including additional tools like testing tools, reference checks, and background checks.
User Activity
Toggle to the 'User Activity' tab to review and filter data based on your hiring teams activity within the Hireology account. Review hiring process activities, emails sent, interviews conducted and completed. Additionally gain insight into individual adoption of key tools such as internal comments, sms texts and offer letters.
FAQs
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Why is the new insights data slightly different from previous reports?
- Our data analytics team is focused on measuring what matters. To help our customers better identify areas of improvement, our speed metrics such as Time to Review, Percent Reviewed and Time to Hire no longer include applicants transferred into a job or applicants manually uploaded by Hireology administrators.
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I used my Hireology account today, why doesn’t the “Last Login” date on the User Activity dashboard reflect that?
- This report only shows your last login date, rather than your last session date. For reference, Hireology users will be automatically logged out after 24 hours of inactivity. Users who take action within their account more often than every 24 hours will be automatically logged out every 14 days to maintain their account security.
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