What is ROI in recruitment?

What is ROI in recruitment?

How is ROI calculated in recruiting?

Which are the KPIs to measure recruitment ROI?

Read the post to find all answers.

Recruitment ROI

ROI in recruitment is the value of an employee to the company against the money spent by the company for hiring and retaining that employee.

Recruitment ROI calculation

Divide the lifetime value of an employee by the cost of hiring and retaining them. 

1. First-year Attrition Rate 

2. Offer Acceptance Rate

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KPIs to determine lifetime value

3. Application Completion Rate 

4. Quality of Hire