Compliance | Industry | Reporting | Functionality | Potpourri |
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What is EEOC?
Reporting that includes gender, ethnicity, race, veterans status and disability status.
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What is Turnover or Replace Costs?
2.5 X the salary of the position being replaced.
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What is Time to Fill?
Measures the point from when a requisition is opened to the time of hire.
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What is a Resume Parser?
Pre-populates fields for the applicant from the applicant’s CV.
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What is a Passive Candidate?
A person not actively looking for a job.
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What are qualified applicants?
Category for people who pass the pre-screening questions and have an active applicant status.
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What is Employer Branding?
Conveys the culture and value proposition of a company.
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What is Source Effectiveness?
The number of hires from a source. Best if used to measure the number of hires from a job board, for example.
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What is Contingent?
Pay structure which can be added into the system to pay an Agency at the time of hire
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What are Social Networks?
Ideal place to search for passive candidates.
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What is submission?
Category for any person who applies for a job but is not qualified.
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What is the US Unemployment Rate?
7.6% for May 2013 in the US
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What is Quality of Hire?
Arguably, the most critical report to understand the impact of the recruitment process.
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What is Retained?
Professional to executive level agency payment, which can be set up in the system.
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What is Recruitment Process Outsourcing?
Replaces the talent acquisition team.
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What is OFCCP?
The Agency enforces the contractual promise of affirmative action and equal employment opportunity required for people who do business with the government.
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What is Employer Branding?
Information that allows a person to screen themselves in or out.
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What is Funnel Pipeline?
Example: 7 people apply, 5 people are qualified. The hiring manager interviews 3. 1 person gets an offer.
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What is Submit Referral?
Allows the employee to upload the resume for their referral.
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What is an Employee Referral?
The source that likely knows the job, company and cultural fit best.
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What is OFCCP?
The Agency screening and searching in the system.
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What is Voluntary Turnover?
Typically mirrors the unemployemnt rate.
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What is Quality of Hire?
Can be measured after a hiring manager survey, first performance review or turnover.
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What is Sociall Collaboration?
Communication process between system users that mirrors communication in sites like Facebook.
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What is Evergreen?
Long term open requisition against which many candidates will be hired.
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