The goal of utilizing metrics to assess the effectiveness of HR systems has been the subject of many discussions. Few contend that metrics are merely pointless numbers that are a waste of time, and that properly onboarding the essential talent is the ultimate goal.
In addition to serving as warning signs for potential hazards, workplace metrics are crucial for any function that aids in the ongoing and gradual enhancement of the process’s maturity. Let’s talk about the dynamics of evaluating the recruitment and selection function’s efficacy in this post.
The three metrics for hiring and choosing that are most frequently discussed and utilized are:
Hiring costs
hiring times
hiring quality