Blog Post: Talent Acquisition Teams - need to update your metrics?
posted Tuesday, August 16, 2011 4:37 AM
How are you managing the metrics around time to hire, cost of hire and other recruitment measures? If you are concerned about only "time to hire" then you may be missing the point.
Studies show that stats that measure quality of hire, new employee “ramp-up” time and retention are much more important than time to hire. Why is this? It is important to hire quality candidates that will stay over a fast hire just to satisfy out dated measures.
You may say that senior leadership is interested in the old number; and if that is the case then it's up to YOU to show why these new measures are more valuable. Why? Because strategic HR leaders understand the value of making a business case around numbers that make sense - and that's YOU.
Tags
human resources,
metrics,
strategic hr,
talent acquisition,
analytics,
time to fill,
time to hire
|
Community Comments
There are no comments for this post yet.
About This Author
About Me
Alison has worked in the staffing industry for 20 years both as a leader and operator. She also has over 10 years’ experience in the outplacement consulting industry. Alison’s philosophy has always been to focus on quality of service.
Social Media
Alison McGhee Blog Archive
Career Movers and Shapers, Inc. Jobs
