Dessler - Mhre5e - PPT - 05 - Management of Human Resources: The Essentials / Gary Dessler, Nita Chhinzer, Gary Gannon.
Dessler - Mhre5e - PPT - 05 - Management of Human Resources: The Essentials / Gary Dessler, Nita Chhinzer, Gary Gannon.
Dessler - Mhre5e - PPT - 05 - Management of Human Resources: The Essentials / Gary Dessler, Nita Chhinzer, Gary Gannon.
The Essentials
Fifth Canadian Edition
Chapter 5
Talent Acquisition
Sources: A. Watanabe, “From Brown to Green, What Colour Is Your Employment Brand?” HR Professional
(February/March 2008), pp. 47–49; M. Morra, “Best in Show,” Workplace News (September/October 2006),
pp. 17–21; R. Milgram, “Getting the Most Out of Online Job Ads,” Canadian HR Reporter (January 28, 2008).
Metric Explanation
Time lapsed per hire Measures the number of days taken to fill a position. The length of time of
particular recruitment strategies together with selection procedures contribute to
this measure.
Cost per hire The direct costs associated with different recruitment strategies together with
indirect costs in the hiring process are key in determining the effectiveness of
external job search methods.
Offers–applicant cost This metric is useful when multiple job offers are extended by the organization.
It reflects the quality of the applicant pool and thus shows the utility of chosen
recruitment methods in assembling the candidate base.
Quality of hires and cost The recruitment aspect of this metric focuses on the quality of résumés and
applications received by the organization in response to a particular job notice.
Yield ratio The percentage of applicants received from a particular recruitment source or
the number of candidates who pass from one stage to the next screening level
in the selection process.