Recruitment Audit Process: Why This Should Be A Part Of Your Hiring Strategy?

01
Apr
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You might read enough news. As a business leader, you might have seen the impact pandemic has had on nearly every company. According to the latest sources, most industries are dropping thousands of jobs. Which is most related to travel, hospitality, and in-store retails. At the same time, there are many industries that are hiring large numbers of candidates, which are mostly related to healthcare, e-commerce, and retail pharmacy departments. 

90% of hiring managers say today's labor market has become candidate-driven. This way, it is difficult to find the ideal candidate. This pressures the importance of having a powerful employer brand. And giving all the applicants a good candidate experience. If you wish to have the best candidates for your company, you have to adopt a fully optimized recruitment process.

A bad recruitment process can be challenging for your company in many manners because you will find missing out on the top talent. In turn, this could be the reason for your competitors to get ahead of you in every possible way. So, if you want to prevent this issue, this blog is going to be helpful for you. First of all, you have to start doing an overall recruitment audit of your recruitment process. The recruitment audit helps you so that you can understand what your current overall process looks like. Also, you would be able to know how your candidates understand you during the process. 

What is a Recruitment Audit?

A recruitment audit is a kind of the processes and systems of a company for demonstrating whether they are in compliance with a standard. In simple words, the recruitment audit process is a detailed and comprehensive method. So, you can review your current recruitment procedures, policies, documentation, and systems. This process helps you identify the needs which have to be improved. You would be able to know the key factors that need to be enhanced in the entire recruitment function. In short, a recruitment audit includes systematically reviewing all the possible aspects of your recruitment process

Recruitment Audit: Why is This Important in Your Recruitment Strategies? 

A recruitment audit does not just help you achieve what your company requires from a hiring perspective. This also helps let you know whether the overall process is cost-effective or not. There are many investment areas to achieve an effective recruitment process. A recruitment audit helps you to enhance your recruitment strategies. And, you would find yourself with plenty of resources available to fund the parts of your process that might be lacking. 

Try These Recruitment Audit Steps to Enhance Your Recruitment Process! 

So, how would you start with a recruitment audit? From where do you get started? What tools do you think you need? Following are a few recruitment audit steps that you should implement in your entire hiring process. 

Step 1: Make Sure to Map Out the Candidate's Entire Journey

The most essential and essential step in the recruitment audit process is to figure out your entire application process. And, you have to see it from the candidate's point of view. Make it visual. In this process, you need to have a big piece of paper (poster-sized), or you can use a tool named Whimsical when you wish to draw the candidate's journey. 

Mapping out the candidate's journey is one of the very important steps in the recruitment audit process. The recruitment process will provide you with a clear overview. It tells what your application process exactly looks like when candidates see it. You would also be able to see what kind of touchpoints exist between you and your candidates. This step would be significant for your recruitment audit process. And, you would be able to figure out how the entire internal process connects to different points in the candidate's journey. 

Step 2: Map Out the Internal Recruitment Process 

Processing a recruitment audit method is all about improving their internal recruitment process. So, here is the next step, which is all about mapping all your internal recruitment processes. The things that you need to map out are:

  • Each and every step within your recruitment process, you have to cover. You are starting from writing out the job description about the specific job role until the moment that someone is hired.
  • You need to know a description of every single process in your recruiting. These processes then should be linked to the related steps in your candidate's journey. 
  •  You need to map out the potential communication points with all of your candidates. 

Now, you have a clear overview of your candidate's journey and the internal recruitment process via the recruitment audit process. Therefore, you will be able to figure out which parts of your recruitment strategies are not equal. Then, these things need to be improved and optimized. 

Step 3: You Should Use Quantitative Data

We know that data is the most important and valuable asset when you start the recruitment audit process to enhance your overall recruiting. Your data related to recruitment tells a lot about your process. It reveals what parts of your recruitment process are the reason to miss out on top talent. Also, this tells what you can improve on. Following are some of the essential recruitment strategies that you should include in your recruitment audit process:

  • Time to hire: how much time does it take to fill your open job vacancies?
  • Job offers to acceptance ratio: this includes the percentage of candidates who accept your job offer.
  • Applicant drop-off rate: this involves how many candidates drop off from the organization and where do they drop off?

The above metrics are extremely important and valuable for your recruitment audit process. This will help you by providing the most important insights that you can use while looking for an improvement in your hiring process. 

Step 4: Collect Input from Your Recruiters

During the recruitment audit process, it is tough to get input from the people that handle the daily tasks. This means you must do your recruitment audit process in close cooperation with your hiring managers or recruiters. After all, they are the one who works in challenging situations every day. Not only would your information be more accurate. But your recruiters will also think about the ideas they feel will help you in improving the recruiting process. Including your recruiters needs the correct planning. 

To start the recruitment audit process in a better way, you need to identify the different steps in your hiring process. This part of the recruitment process involves a few recruiters, not the entire team. Once you have seen an overview, you can organize a meeting with the entire team so that you can discuss every single step in more detail. 

You need to try to collect insights into each step and the specific tasks the recruiters perform all along each stage of the process. Also, don't forget to ask the recruitment team about how much time it takes to have candidates from one step to another. Also, how much time they need to spend on every single task. Thus, collecting input from your recruiters is one of the most important parts of the recruitment audit process.

Conclusion 

As we have discussed in this comprehensive blog, a recruitment audit is a crucial part of your recruitment process. Without carrying out an accurate recruitment audit, you will not be able to set the strategies to enhance your hiring process. All those issues that you might face during the hiring process can be prevented if you do a proper recruitment audit process. I have mentioned a few effective key metrics that you should remember while doing a recruitment audit. These steps were: mapping out the candidate's entire journey, mapping out the internal recruitment process, using quantitative data, and collecting inputs from your recruiters. I hope this descriptive guide will meet all your needs and requirements.