Sharam Kohan

Sharam Kohan

Cost of Hire/Cost per Hire

Cost of Hire This measurement uses external costs and internal costs to determine the overall cost per person hired during any given time period. This formula looks at the number of hires and the costs to obtain them. It enables…

Measurers of Recruitment Effectiveness

Measurers of Recruitment Effectiveness There are two general areas of interest when measuring recruiting efforts. • Speed and efficiency • Time between opening the requisition and presenting a qualified candidate slate • Time for feedback from the hiring manager to…

What is SWOT Analysis?

SWOT stands for the following: • Strengths What are the strengths of your HR organization? What do you do really well? What do you want to continue doing in the future? It could be HRIS, sexual harassment prevention, or onboarding.…

What is PESTEL Analysis?

One technique for sorting out the important from the unimportant is PESTEL analysis. PESTEL stands for: P—Political E—Economic S—Social T—Technological E—Environmental L—Legal Develop ways that you can gather information in each of these categories, and you will be well out…

Recruitment Cost and Yield Ratios

Recruitment Cost and Yield Ratios Ratios are the numerical representation of comparisons. They are normally stated as a percentage. The Recruiting Cost Ratio (RCR) is one of those measurements. It looks at the cost per hire based on compensation rather…

What is Attrition?

Attrition happens when employees retire, resign, or simply aren’t replaced. There are several analyses that could prove helpful when looking at attrition. Consider these: • Number of employees leaving before the first service anniversary • Number of employees leaving before the…

What is Employment Branding?

According to Chris Mossevelde, “Employer branding is the process of promoting a company, or an organization, as the employer of choice to a desired target group, one which a company needs and wants to recruit and retain.”   Building a…