HR Metrics: External recruitment rate

Feb 4

The external recruitment rate is important because it informs of the organization’s ability to provide growth opportunities for employees and alternatively to infuse new ideas from outside the organization.  Both of these concepts are important, and the desired rate for any organization is dependent on the strategic objectives.  Organizations that pride innovation may require a higher external fill rate to maintain a steady flow of new ideas.  Alternatively, sowing seeds of high engagement may mean that more internal opportunities to move might be emphasized.

Each organization should evaluate their strategic objectives and see what this means for their external versus internal recruiting efforts, and then evaluate if the current rates are representative of the strategies you have present.

This entry was posted on February 4, 2009 at 1:00 am and is filed under Data & Metrics, Talent Acquisition. You can follow any responses to this entry through the RSS 2.0 feed.