Why a Candidate NPS is the Missing Piece in Your Hiring.
Mike Stamp (he/him)
Head of Global Talent Acquisition | Employer Branding | Life Coach
So,?you've?just wrapped up a detailed recruitment process and are curious about how candidates feel about their experience. Would they likely recommend your company to others, or did they walk away with a sour taste? This is where the Candidate Net Promoter Score (NPS) comes into play. But what exactly is Candidate NPS, how do you measure it, what score should you aim for, and why should you care??
Let's dive into these questions to understand the significance of Candidate NPS in the recruitment process.
What is Candidate NPS?
Candidate Net Promoter Score (NPS) is a metric used to gauge the satisfaction and loyalty of candidates who have completed your recruitment process. Adapted from the traditional NPS used in customer satisfaction, Candidate NPS precisely measures how likely candidates are to recommend your company's hiring process to others. It provides insights into their overall experience, whether they were successful or not.
How Do You Measure Candidate NPS?
Measuring Candidate NPS involves a straightforward process:
To measure Candidate NPS, candidates are typically asked a straightforward question after completing a stage of the recruitment process: "On a scale of 0 to 10, how likely are you to recommend our recruitment process to a friend or colleague?" Based on their responses, candidates are categorised into three groups:
The Candidate NPS is then calculated by subtracting the percentage of detractors from the percentage of promoters. The score can range from -100 to +100, with higher scores indicating a more favourable candidate experience.
NPS=%Promoters?%Detractors
For instance, if 50% of your respondents are Promoters and 20% are Detractors, your Candidate NPS would be 30.
What Score Should You Expect?
A Candidate NPS can range from -100 to +100. Generally, a positive score is good, and anything above 50 is excellent. Here's a quick breakdown:
Why Should You Care About Your Score?
Employer Brand
Enhancement of Employer Brand:?A high Candidate NPS indicates a well-received recruitment process, enhancing your employer brand and attracting top talent.?
Word-of-Mouth Promotion:?Satisfied candidates become brand ambassadors, promoting your company within their networks and social media.?
Recruitment Efficiency
Streamlining the Recruitment Process:?Candidate NPS surveys identify strengths and weaknesses in your recruitment process.?
Improved Candidate Experience:?A positive recruitment experience influences a candidate's decision to accept a job offer.?
Retention and Culture
Long-Term Retention:?A positive recruitment experience fosters a positive outlook in new hires, leading to higher job satisfaction and retention.?
Positive Company Culture:?A high-candidate NPS reflects a respectful and professional recruitment process, which promotes a positive company culture of respect, inclusion, and positivity.
Competitive Advantage
Attracting Top Talent:?A high-candidate NPS sets you apart in a competitive market. Top talent with multiple offers often chooses companies with positive candidate experiences, giving you an edge in attracting the best candidates.
Continuous Improvement:?Regularly collecting and acting on NPS feedback fosters a culture of continuous improvement, enhancing candidate experience and driving organisational excellence.
Cost Savings:?Improving candidate experience reduces recruitment costs by streamlining the process and increasing retention, lowering turnover costs associated with frequent recruitment and training.
Enhanced Productivity:?Employees who start with a positive experience are more engaged and productive, leading to better business outcomes and overall organisational success.
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How to Improve Your Candidate NPS
You'll need a strategic approach to refining your NPS. Here are some practical steps:
Streamline Communication
Provide a Positive Interview Experience
Simplify the Application Process
Offer Personalization
Follow-Up
Implementing a Candidate-Centric Approach
A candidate-centric approach involves prioritising the experience and satisfaction of candidates throughout the recruitment process. Here are the key aspects to focus on
Empathy and Respect:
Transparency and Honesty:
Measuring and Improving Candidate Experience
Regular Feedback Collection:
Continuous Improvement:
Show Appreciation:
Implementing a candidate-centric approach enhances the recruitment process. It strengthens your employer brand, making your organisation more attractive to top talent. Focusing on empathy, transparency, proactive engagement, and continuous improvement can create a positive and memorable experience for all candidates.
What Should Those Interested in This Topic Do Next?
If you want to improve your Candidate NPS and overall recruitment process:
Online Resources and Tools for Further Research
Share, Comment, and Connect
Have you implemented Candidate NPS in your recruitment process? Share your experiences and tips in the comments below. Connect with other HR professionals and recruiters to exchange ideas and best practices. Let's build a community dedicated to improving candidate experiences and making the hiring process more efficient and enjoyable for everyone.
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6 个月I hope some employers read through this! Dear did I have unprofessional interviews in the past. Very helpful :)
Managing Director at Fynity | Talent Solutions Partner | Inspiring futures without limits
6 个月Thanks Mike, great article! Tracking candidate NPS is essential if a business really wants to drive improvements to its recruitment practices