Proven Results: Increasing ROI with Recruitment Technology HR Software
Long-term Kenexa clients have seen dramatic improvements in key business outcomes through the deployment of our recruiting software. To help prove the Return on Investment, we evaluate the impact of our Recruitment Technology on overall business performance. Below are examples of these results.
Fortune 100 Wireless Carrier Case Study
In a leading Fortune 100 wireless carrier company, we were able to drive a major reduction in job board fees. Prior to working with us, the organization was generating more than five million applications from popular job board sites; however, only 50 of these candidates made it through the hiring process and accepted offers from the carrier. Based on this analysis and information, we were able to help implement effective HR software that reduced the company’s reliance on job boards, resulting in dramatic costs savings for the organization.
HR Outcomes Data for Global 200 and Fortune 500 Organizations
We have a proven track record of impacting the performance of global organizations through our human resources software. The following data represent highlights of the HR outcomes that multiple organizations have realized by using our Recruitment Technology software:
- Decrease in cost-per-hire by 48 percent in the first three quarters of system usage
- Decrease in agency fees by 58 percent in the first three quarters of system usage
- Increased ratio of candidates interviewed to candidates hired by 33 percent
- Reduction in job board posting costs by 73 percent
- Reduction in time required to create and post requisitions by 75 percent
- Reduction in time-to-fill by 25 percent
- Reduced time spent sourcing candidates for positions by 40 percent