2.4x ROI compared to industry averages


2.4x ROI compared to industry averages.

Lever, our applicant tracking system, recently published a study of 600 customers, 1.5 million candidate considerations, and 15,000 hires.

The report says only 3.9% of “agency” candidates get hired. With our tagline, “Get Hired”, I was challenged to take a closer look at our funnel.

Our “get hired” conversion rate (bottom of funnel) is 9.4%. 16.3% get offers, but 1 out of every 10 Red Letter candidates presented to our clients get hired. That’s 2.4x better than industry “agency” specific averages.

A closer look at our funnel revealed the following:

>1,100 top of funnel leads over the past 90 days:

33.2% advanced and were invited into our 4-step process

53.4% (of the 33.2%) advanced & completed step 1 (30-min First Impression Call)

49.4% (of the 53.4%) advanced & completed step 2 (45 min Video Conference)

70.1% (of the 49.4%) advanced & completed step 3 (45 min In Person Meeting with CEO)

80.8% (of the 70.1%) were presented to our clients

16.3% (of the 80.8%) received offers)

  9.4% (of the 80.8%) were hired

But, we’ve only just begun. Watch this space as we innovate new ways to double our conversion.

We’re serving candidates and companies in profound ways.

Learn more here.

Source: http://bit.ly/2tDdmVy