Remove Benchmarking Remove Definition Remove Workable
article thumbnail

Time to hire: key recruiting KPIs to track

Workable

DEFINITION. Should you need additional reporting based on start dates, custom reports can be built using your raw recruiting data in Workable, that can be integrated with your preferred business intelligence tool. Benchmarking time to hire. Benchmark data from Workable ). Recruiting KPI #2: Time To Hire.

article thumbnail

Interviews per hire: recruiting KPIs

Workable

DEFINITION: INTERVIEWS PER HIRE. Benchmarking interviews per hire. Benchmark data from Workable ). We’re taking an in-depth look at the four key performance indicators (KPIs) we think are worth tracking in recruiting metrics. In the last of our series, we look at “interviews per hire.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Measure Quality of Hire to Drive Business Results

Analytics in HR

Most working definitions of quality of hire (QoH) include more dimensions than the narrow ISO definition. You want to have enough candidates to compare to make the right choice unless you hire for that position frequently enough to have a good benchmark. Turnover rate: the ratio of separations against the total workforce.

Hiring 132
article thumbnail

What is Time to Hire? Everything You Need to Know

Analytics in HR

We will also list time to hire benchmarks, explain how it can be measured, and end with the five most effective ways to reduce time to hire. This definition is in line with the Society for Human Resource Management (SHRM) and ISO 30414. Having five to eight candidates provides you the benchmark to make a good choice.

article thumbnail

Qualified job candidates per hire: recruiting metrics that matter

Workable

DEFINITION. Benchmarking Qualified candidates per hire. Benchmark data from Workable ). Benchmarks and recruiting metrics. Benchmarks should be used as a starting point to ask useful questions about your hiring process , not as an absolute measure of what is a complex process.

Metrics 54
article thumbnail

The 7 best HR analytics software options for today’s workforce

Business Management Daily

Benchmarking How do you know if you’re paying your top talent competitive salaries? You can answer these pressing questions by using HR analytics systems that feature benchmarking. That’s where the tool uses standard industry ‘benchmarks’ to compare to your HR metrics.

article thumbnail

What does Massachusetts’ equal pay law mean for employers?

Workable

Massachusetts’ expanded Equal Pay Act targets salary history, pay secrecy and a comprehensive definition of ‘comparable work’ as a way to break the cycle of pay disparity between men and women. A broader definition of ‘comparable work’. On August 1, the state passed the most robust equal pay law the United States has ever seen.