
Recruitment Process Efficiency Metrics
Recruitment Process Efficiency Metrics are measurements used to assess how effectively a company hires new employees. These metrics include time-to-fill, which tracks how long it takes to fill a position, and cost-per-hire, which calculates the total expenses involved in recruiting a new employee. Others might include the quality of hire, measuring the performance of new employees, and offer acceptance rates, showing how many job offers are accepted. By analyzing these metrics, companies can improve their hiring processes, making them faster and more cost-effective while ensuring they bring in the right talent.