If you are a Workday Recruiting customer, how are you leveraging advanced reporting? I've listed 4 under utilized suggestions below.
Workday Architect | Global Executive HR & People Advisor | Transformational Speaker | DBE- MWBE pending
𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗶𝗻𝘀𝘁𝗮𝗹𝗹𝗺𝗲𝗻𝘁 𝗼𝗳 𝗠𝗮𝗸𝗲 𝗬𝗼𝘂𝗿 𝗪𝗼𝗿𝗸𝗱𝗮𝘆® 𝗦𝗵𝗶𝗻𝗲 𝗪𝗲𝗲𝗸! Today, we’re focusing on how you can leverage Workday's advanced reporting tools to gain valuable insights and drive better recruitment decisions. Here are four under utilized suggestions: 📘 Create Custom Reports: Design custom reports tailored to your specific recruitment needs. Focus on key metrics like time-to-fill, candidate source effectiveness, and offer acceptance rates. Custom reports help you track progress and identify bottlenecks in your hiring process. Time-to-fill, source effectiveness, and candidate time per stage are some of the most critical yet least used metrics. Utilizing these can provide a deeper understanding of your recruitment efficiency. 📘 Utilize Dashboards for Real-Time Data: Set up dashboards that provide real-time data on your recruitment activities. Encourage hiring managers to view secure data directly in Workday® through dashboards, instead of relying on recruiters to email them reports. This not only ensures that everyone has up-to-date information but also enhances data security and reduces the administrative burden on your recruitment team. 📘 Analyze Diversity Metrics: Use Workday’s tools to track diversity metrics throughout your recruitment process. Analyze data on candidate demographics at different stages to ensure your hiring practices promote diversity and inclusion. Diversity metrics are another critical yet underutilized metric. Diverse workforces make your business better by bringing in a variety of perspectives and ideas, ultimately driving innovation and performance. 📘 Leverage Workday Prism Analytics: Use Workday Prism Analytics to integrate external data with your Workday® data for a more comprehensive view. This allows you to benchmark your recruitment performance against industry standards and gain valuable insights to set realistic, competitive goals. Keep in mind this is not included with your initial investment. Customers must subscribe to Prism. If you have questions or have additional suggestions leave a comment or send me a message. Stay tuned for more tips tomorrow! PS: If you are a candidate - are you wondering why this information is helpful? Many organizations don’t have the right data in front of them, which can delay their decision-making process or explain why their salary is lower than average.