In late 2016, Engage2Excel acquired Decision Toolbox, a recognized leader in integrated recruiting solutions. This addition complemented our existing HR solutions for employee recognition and surveys and significantly expanded the capabilities of our Talent Acquisition division, launched in July 2016.
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With the employment market continuing to tighten, many companies are re-examining the differences between active and passive job seekers.
An active job seeker is motivated to find a new job and actively searches for job opportunities. Passive job seekers are individuals who are currently employed and willing to learn about new career opportunities.
Our December 2016 survey of 940 active and 507 passive job seekers revealed some key differences in the perceptions, preferences and behaviors of active versus passive job seekers. These findings are revealed in our most recent infographic, The Key Differences Between Active and Passive Job Seekers.
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The offer acceptance rate is becoming an increasingly vital KPI for HR departments across all industry sectors.
Offer Acceptance Rate (%) = (Number of Acceptances / Number of Offers) x 100
This ratio is used to evaluate the effectiveness of your overall recruitment strategy and helps determine the number of candidates you’ll need to interview and make offers to in order to achieve your recruiting goals. Equally important, improving your offer acceptance rate increases your ROI on talent acquisition.
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