Talent Acquisition/Recruiting
This competency contains methods of improving various KPIs in relation to Talent Acquisition/Recruiting in a Human Resources Department.
Time to Fill
The number of days it takes to fill a position from the time it was opened to the time the candidate accepts the offer.
Cost per Hire
The total cost of hiring a new employee, including recruitment fees, advertising, and other associated expenses.
Quality of Hire
The performance and retention rate of newly hired employees, providing insight into the effectiveness of the recruiting process.
Applicant to Hire Ratio
The number of applicants required to fill a position, providing insight into the efficiency of the recruiting process.
Sourcing Channel Effectiveness
The effectiveness of various recruiting channels, such as job boards, social media, employee referrals, etc., in attracting qualified candidates.
Offer Acceptance Rate
The percentage of job offers that are accepted by candidates, providing insight into the attractiveness of the company's offers and the competitiveness of the job market.
Time to Productivity
The time it takes for a new employee to become fully productive in their role, providing insight into the effectiveness of the onboarding and training process.
Candidate Satisfaction
The satisfaction of candidates with the recruitment process, providing insight into the effectiveness of the employer branding and candidate experience.
Hiring Manager Satisfaction
The satisfaction of hiring managers with the recruiting process, providing insight into the effectiveness of the recruiting team in meeting the needs of the organization.
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