This weekend we released an enhanced version of Newton Analytics, our performance management dashboard. Not only have we made the dashboard more intuitive and easier to read, we also improved some of the algorithms making Newton more powerful than ever. Here are the improvements:
New Newton Recruiting Analytics Dashboard
New Outflow Graphing:
The new “Outflows” graph shows you candidates that were inactivated, and candidates your company pursued including percentages for easy, at-a-glance reference.
Improved Candidate Source Tracking:
Newton now surfaces stage-to-stage applicant source information instantly. See where you are getting your applicants from in real-time. Take a deeper dive to see which sources give you the best candidates too.
Improved Time to Pursue Information:
Drill into your process, use the “Average Days to Pursue a Candidate Bar” to identify slow moving jobs, or “curve-busters” that skew your data. “Time to Pursue” is a great tool to identify stages in the recruiting process that may need your attention.
New Candidate Distribution Graph:
Easily identify which jobs are receiving the most or least activity. Newton now ranks each job by candidate flow—at every stage.
Pulling from the emerging movement of evidence-based management, Newton helps people answer important questions that arise in recruiting programs with real-time data. Simply put, Newton helps people solve problems and make decision based on the most up-to-the-second information available.
Next week we are releasing the newest version of Newton Analytics. Expect a formal announcement on September 23rd. In the meantime, here is a sneak preview.
We just made it faster and easier to analyze your recruiting program using Newton. Now you’ll see a tab on your home page called “Analytics” replacing the “Overview” tab. Click the Analytics tab to open a an interactive dashboard that will help you slice and dice you recruiting program. You can analyze your recruiting data based on a selected period of time or by job, or both.
This release, v3.6, is the first of several planned releases to tackle analytics. With a focus on measuring stage-to-stage metrics, we wanted to help our customers answer fundamental questions.
Where do I have bottlenecks?
Where can I get involved to make an immediate impact?
Is everyone in the process doing their part?
Am I spending money on the right resources?
Most importantly, we want to give our customers the power to know when something is going wrong before anyone else notices -to be proactive. After all, as John, our product manager, says, “an ounce of prevention is worth a pound of cure.”