The Value of your Talent Database

With so much data available these days, it is interesting to review the worth in storing it.

A key recruitment metric for any organisation should be the value in their talent database, and a very good way of measuring this value is to review the percentage of placements from existing talent in the database against new talent.

In other words – the percentage of positions filled where the candidates are already on your database.

At Frontline Recruitment Group we track this very closely, an analysis of all placements made in 2017 by Frontline Construction shows:

• 44% of the candidates placed were already on our database
• the average amount of time on the database 2 years, and
• in fact we had one candidate who had been on the database for 5.2 years

Of course when filling roles, we still need to advertise as a candidate’s response to an advertisement is a key indicator that the candidate is looking for a role. As well, it is critical we search the whole market to ensure we are providing our clients with a selection of the best talent available for their roles at the time.