What are the key hiring metrics I should track?
An example of an AI chatbot conversation about hiring metrics and their importance.
What are the key hiring metrics I should track?
Key hiring metrics include time to hire, cost per hire, quality of hire, and candidate satisfaction.
How do I calculate the time to hire?
Time to hire is calculated by measuring the number of days from when a job requisition is opened until an offer is accepted.
What does quality of hire mean?
Quality of hire refers to the performance and retention of new hires, often assessed through performance reviews and turnover rates.
Can you explain cost per hire?
Cost per hire includes all expenses related to recruiting, such as advertising, agency fees, and recruiter salaries, divided by the number of hires.
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