Benchmarking HR Function Quality of hire 
Visier
JANUARY 28, 2018
The most important foundation metric is the quality of hire. Using golf as an example, a quality of hire measure would be last year’s golf team’s new-hires scored an average of 70… while this year’s hires scored 63, an improvement of 10%. The percentage of new hires that become innovators and top performers.
Analytics in HR
FEBRUARY 27, 2023
This course will teach you to cultivate a broader set of skills like lean management, organizational design, business administration and a deeper understanding of HR operating models, all vital in your role as chief talent officer. Some become Chief People Officers first before they become Chief Talent Officers.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Cielo HR Leader
FEBRUARY 4, 2015
HR has the ability to drive organizational performance through strategic talent acquisition processes. However, like the talent landscape, the HR function is not static – it is evolving daily. Using this limited lens, best practice for an organization’s direct cost-per-hire is approximately $1,500.
Visier
JUNE 28, 2017
The most important foundation metric is the quality of hire. Using golf as an example, a quality of hire measure would be last year’s golf team’s new-hires scored an average of 70… while this year’s hires scored 63, an improvement of 10%. The percentage of new hires that become innovators and top performers.
Analytics in HR
JULY 19, 2022
While 100% may sound optimal, it doesn’t allow you to hire more employees depending on the business needs. However, this will depend on your industry, so you might want to check the industry employee retention benchmarks. Cost of HR per employee. Quality of hire. An example of a quality of hire goal.
HRExecutive
SEPTEMBER 18, 2024
Cost-per-hire is the sum of all these costs, divided by the number of employees hired over a 12-month period. Organizations at the median of our benchmarking data spend $3,448 per hire. Keeping factors like these in mind will help you discuss cost per hire with leaders at a deeper level of granularity.
Visier
FEBRUARY 9, 2017
As a result of being the top challenge for such a long period of time, it is clear that CEOs and board members fully understand the value of Human Capital, but they have also learned to expect a higher rate of strategic change than most HR functions have been able to deliver. brainteaser questions).
Expert insights. Personalized for you.
279 
Let's personalize your content