<aside> <img src="/icons/link_red.svg" alt="/icons/link_red.svg" width="40px" /> Feel free to follow us on LinkedIn, tune into our podcast on Spotify, and catch our latest blogs on our Webpage, where you can learn more about Pipelabs and how we are setting a new standard for Talent Acquisition!
</aside>
<aside> <img src="/icons/home_red.svg" alt="/icons/home_red.svg" width="40px" /> Home
</aside>
https://wty9y34ege1.typeform.com/to/aE68Q9gD
<aside> <img src="/icons/binoculars_red.svg" alt="/icons/binoculars_red.svg" width="40px" /> Here we have a quick overview of what a Talent Sourcer is and its career development to inform ourselves. Below each definition, we have examples of each stage to have an understanding of what is explained in the market and new tendencies for this position. We hope these bits inform you of the complexity behind this role and expand your horizon on how we use them nowadays.
Thank you for being a part of our community!
</aside>
<aside> <img src="/icons/rocket_red.svg" alt="/icons/rocket_red.svg" width="40px" />
Sourcing is the proactive search for qualified job candidates for current or future open positions by identifying candidates who are not actively looking for job opportunities (passive job seekers) or actively searching for jobs (active job seekers). Talent Sourcing involves using different databases and sources of information to build consistent pipelines of skilled individuals successfully and not only by contacting as many as possible but rather doing so in a thoughtful and, for the candidate, relevant way.
For this, Talent Sourcing specializes in developing techniques that will increase candidate experience and accelerate the hiring process:
In summary, a Sourcer is a hunter. They create interest and drives talent to the organization, bringing excellent researching skills that will: poring over org charts, job descriptions, and social media profiles and hitting search engines and competitor web pages. Engaging potential candidates repeatedly in several ways and refining the strategy brings strong prospects to the hiring process.
</aside>
<aside> <img src="/icons/contrast_red.svg" alt="/icons/contrast_red.svg" width="40px" /> As the TA teams become more complex based on the companies and market needs, having specialized positions inside this team supports the need for efficiency and targeting different topics with more excellence. Talent Sourcing as an occupation is still a relatively new phenomenon, so it's crucial to clarify the main responsibilities and skills of Sourcers and Recruiters inside this hub.
</aside>
Talent Sourcer
Recruiter
<aside> <img src="/icons/chart-area_red.svg" alt="/icons/chart-area_red.svg" width="40px" /> Based on studies, sourcing is the second highest origin of hires after direct applicants. For the sourcing team, metrics provide insightful data that enables them to into the efficiency and effectiveness of the sourcing (like high response rates, better channels to source, and candidate experience), market insights, and recruitment process (funnel, hires, interview capacity).
</aside>
Name | Metric | Purpose | Calculation | |
---|---|---|---|---|
Source Quality | Sourcing Approach | Understand how many were hired based on which set approaches for the whole hiring process. | Sourced Hires/Total of Approaches | |
Sourcing Channel Effectiveness | Sourcing Approach | Understand which sourcing channels are more practical to respond to and have consistent hires. | Sourced Channel Hire/Total of Channel Approaches | |
Sourcing Channel Cost | Sourcing Approach | If you are using ads to bring more candidates (Talent Engagement), this is an effective metric to understand how much your sourcing costs. | Ad spend per platform/ Number of successful applicants per platform | |
Response Rate | Sourcing Approach | It is the percentage of emails/in-mails/messages that are being replied to by the candidate. | Amount of emails replied to / amount of emails sent *100 | |
Conversion Rate | Conversion | Refers to the candidates moving to the following stages after the first conversation. | Number of candidates from the pipeline that were interviewed / number of candidates that were recommended to recruiters | |
Interview to Offer Rate | Sourcing Process | The percentage of candidates who get an offer out of the total of offers generated. | Amount of Offers/ Amount of sourced first interviews *100 | |
Rejection Reasons | Rejection | Understand the prominent rejections for templates and each stage. This will help to adjust any points to success in this position. | Chosen Rejection/Total number of rejections | |
Source of Hire | Hire | Understand some of the best recruitment channels through employee surveys, ATS hires, and web analytics. | It will depend on the data. | |
% of Referral Hires | Hire | Usually, referrals are hired faster, stay longer, and have greater job satisfaction, with the result of the cost per hire being lower. | Source of Hire | |
Offers Accepted | Hires | Understand which sources are more likely to accept a job offer and companies who are more likely to have profiles the company needs. | number of offers accepted/number of offers | |
Candidate Experience | Candidate | Based on feedback (NPS normally), understand, with different channels, how was the experience of the candidate on the overall process. | NPS |
https://embed.notionlytics.com/wt/ZXlKd1lXZGxTV1FpT2lJMlpqSTVPRFl5TkdKbVpXRTBPV1JrT0Rsak1qWmhNMkUzTW1RM1l6VTVNeUlzSW5kdmNtdHpjR0ZqWlZSeVlXTnJaWEpKWkNJNkluQjBhV0ZvUlhsek1WVXlWR2hVVDJkblVscFNJbjA9