Internal hires get significantly better performance reviews during their first two years on the job compared with external hires. Internal hires also tend to have lower exit rates and cost the company less than external hires.5
MojoRank’s proprietary matching algorithms consider internal talent along with the data in your HR systems, so if the best match is already within your ranks, they are not overlooked. Because the All-Ways Matching capability can also match people to jobs and people to people, it can recommend candidates that are most like the employee you are promoting and best matched for their position, presenting you with ideal backfill options, instantly.
5 / Matthew Bidwell, 2011 Paying More to Get Less: The Effects of External Hiring versus Internal Mobility
I view MojoRank as a key part of our people strategy and OKRs.
Ian Ide, Vice-President of Talent Acquisition, Foundation Medicine
Rate of recruitment doubled
Time recouped from not having to review unqualified candidates
Time saved in surfacing the best qualified candidate