Recruiting & Hiring Staffing Ratio
This PDF report includes benchmarking data (in a visual, chart-based format), an comprehensive KPI definition, characteristics of high performers and technical details on measuring Recruiting & Hiring Staffing Ratio. Purchase and download this easy-to-understand, presentation-ready report immediately to compare performance levels, set attainable performance targets, and push towards best-in-class performance for this KPI.
What is Recruiting & Hiring Staffing Ratio?
The number of company-wide employees divided by the total number of recruiting and hiring employees working for the company at the same point in time. Recruiting and hiring employees are those responsible for attracting, screening and onboarding new employees.
Why should Recruiting & Hiring Staffing Ratio be measured?
Recruiting & Hiring Staffing Ratio measures the number of employees within the recruiting and hiring function relative to the total number of employees working for the organization at the same point in time. While a relatively high value is typically sought after for this metric, the quality and efficiency of recruiting and hiring processes must also be taken into account. Attracting and retaining high quality talent it vital to the success of nearly any business, therefore recruiting and hiring employees typically comprise a relatively large portion of the total HR Department headcount, particularly in industries that rely highly-skilled knowledge workers to gain a competitive advantage (e.g., financial services, high-tech, pharmaceuticals, etc.). There are, however, many factors that can increase the overall cost and headcount of the recruiting and hiring function, including high turnover rates, low employee satisfaction, unproductive recruiting staff, cumbersome screening processes, and inefficient use of third-party recruiting channels (e.g., poorly allocated spending on job postings, third-party vendors, etc.). Companies experiencing high growth may also have a relatively large number of recruiting and hiring employees, thus driving the number for this metric down.
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