Definition | This KPI measures the effectiveness of the recruitment process by calculating the percentage of new hires out of the total number of job requisitions that have been approved. |
---|---|
Calculation | Number of new hires / Number of approved job requisitions * 100 |
Unit of Measurement | percent |
Function | Recruit, source and select employees |
Method of Estimation | Actual count of new hires and approved job requisitions |
Timeframe | Monthly or yearly |
Return to the full list of HR KPIs