Gilbert,an HR manager at MaxNet Inc.,hires 50 employees in five months.He has used different sources of recruitment to recruit these employees.He desires to determine the success rate of the recruitment sources.Gilbert must use the _____ to achieve his objective.
A) hiring conversion rate
B) prospective cost
C) return on investment
D) liquidity ratio
E) cost per hire

Question

Quizplus · Accepted Answer

In this scenario, Gilbert must use the cost per hire to measure the success of the sources of recruitment. The cost per hire is a measure of recruitment success. To compute this amount, find the cost of using a particular recruitment source for a particular type of vacancy. Then divide that cost by the number of people hired to fill that type of vacancy. A low cost per hire means that the recruitment source is efficient; it delivers qualified candidates at minimal cost.

Gilbert,an HR Manager at MaxNet Inc