Arshia Wasif Ahmed, Candidate Acceptance Rate, car, Diversity Percentage, DP, HR metrics, HR metrics to use in Pakistan, Incremental Revenue to Compensation Ratio, IRCR, Recruitment Response Time, RRT
Management experts in Pakistan believe that in 2016, HR Departments will be able to add even more strategic value to their organisations if they utilise the following HR metrics (tools that use concrete data to analyse and forecast workforce trends).
If you are an HR professional, here are four metrics you should think
about in 2016:
1. Candidate Acceptance Rate (CAR) is calculated by dividing the number of candidates who accepted job offers by the total number of formal job offers extended by an organisation. The higher the CAR, the more effective the HR Department has been in promoting the organisation as an employer of choice. If the CAR is substantially lower than the industry average, then you must investigate the reasons causing this and devise remedial strategies. Continue reading