Strategic Human Resource Metrics: Recruitment & Hiring


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question 1 of 3

Why is it important to track recruitment and hiring metrics?

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1. A Vice President learns from HR that managers in his division are taking all first and second round candidates out to an expensive restaurant for lunch downtown (which is a 45-minute drive) prior to their on-site interviews. He informs the managers that from now on only second round interview candidates (a much smaller pool of individuals) will be taken out to a less expensive restaurant that is closer to the office. This decision will decrease which of the following metrics?

2. The following image is an example of which metric?

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About This Quiz & Worksheet

If you use this assessment, you'll be primarily asked fill-in-the-blank questions dealing with relevant metrics and ratios, as well as what they're good for.

Quiz & Worksheet Goals

To be more particular, you'll be examined on:

  • Internal and external costs in relation to the number of hires at a certain time
  • The total number of jobs in relation to the number of days those jobs are open
  • Ratios concerning the way applicants found job openings
  • Applications of the time-to-fill metric

Skills Practiced

  • Interpreting information - verify that you can read information regarding metrics dealing with new employees and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about the way recruiters/hiring managers keep tabs on new recruits
  • Making connections - use understanding of the concept of the time-to-fill ratio

Additional Learning

Get to know even more about hiring and recruitment metrics with the assistance of our accompanying lesson by the name of Strategic Human Resource Metrics: Recruitment & Hiring. This lesson will cover:

  • A breakdown of the different ratios
  • Components of each formula
  • The way recruiters use these numbers
  • Why companies use these statistics