To compute _____,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) cost per hire
B) yield ratio
C) return on investment
D) total cost of hiring
E) hiring conversion rate

Question

Quizplus · Accepted Answer

Cost per hire is the most appropriate choice as it involves calculating the cost of using a specific recruitment source for a specific type of vacancy and then dividing it by the number of people hired. This provides insight into the effectiveness and efficiency of the recruitment source, allowing for informed decision-making in future hiring processes. Yield ratio is a measure of the number of qualified candidates who progress to the next stage of the recruitment process and is unrelated to the cost of the recruitment source. Return on investment (ROI) is a measure of the financial return generated by an investment, and while hiring is an investment, it is not necessarily focused on financial returns. Total cost of hiring and hiring conversion rate are not accurate measures for the given scenario.

To Compute _____,Find the Cost of Using a Particular Recruitment