Learn the top ways to measure the impact of a total workforce solution.
By Debbie Bolla
Visibility, cost savings, and ensuring the best candidate for the role are a few of the benefits that are encouraging organizations to move to a total workforce solution.
HR understands that the devil is in the details and the data. In fact, Ardent Partners finds that 67 percent of best-in-class organizations are actively driving real-time talent rate and cost data. So what other metrics will show ROI?
Andrew Grant, global vice president for Allegis Global Solutions, recommends these seven metrics for measuring the impact of a total talent approach.
- Cost per hit
- Revenue per hit
- Cycle time
- Cost per hire
- Unwanted attritions
- Quality of candidate
- Hiring manager experience