Measuring Staffing Efficiency
It is fairly easy to measure the efficiency of your staffing processes. Any construct that measures time, speed, cost, or volume is a measure of efficiency. In staffing terms, the efficiency of your process might be measured in terms of how many openings are filled (a measure of volume), how quickly an opening is filled (a measure of speed), or cost per hire (obviously a measure of cost). Examples of staffing efficiency measures include these:
Time or speed measures
Average time to fill an opening (all openings)
Time to fill (external sources only)
Time to fill (internal sources only)
Number of jobs filled per time period (e.g., month or quarter)
Average time between requisition and acceptance (or start date)
Average ...
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