What is recruitment efficiency?

Question

Accepted Answer

Recruitment efficiency measures how effectively an organization attracts, selects, and hires candidates for open positions.

Time-to-fill: The average time taken to fill a position, e.g., reducing time-to-fill from 45 days to 30 days.
Cost-per-hire: Total recruitment costs divided by the number of hires, e.g., lowering cost-per-hire from $5,000 to $3,500.
Quality of hire: Assessing new hires' performance and retention rates, e.g., tracking that 90% of new hires meet performance expectations.
Candidate experience: Evaluating feedback from candidates about the recruitment process, e.g., improving candidate satisfaction scores.
Source effectiveness: Analyzing which recruitment channels yield the best candidates, e.g., finding that employee referrals lead to higher-quality hires.

Interview Questions Asked to Senior Human Resource Specialist at Other Companies