Question

Gilbert, an HR manager at MaxNet Inc., hires 50 employees in five months. He used different sources of recruitment to recruit these employees. He wants to know which kind of source delivered the most new hires for the money. To answer that question, Herbert should determine the _________.

Answer 1

Answer:

Cost per hire.

Explanation:

Gilbert, an HR manager at MaxNet Inc., hires 50 employees in five months. He used different sources of recruitment to recruit these employees. He wants to know which kind of source delivered the most new hires for the money. To answer that question, Herbert should determine the Cost per hire.

Cost per hire: It is a metric used by company to know the cost incurred in hiring per employee. It include all expense in recruiting employee, like travel cost, equipment cost, administrative expense, advertisement expense etc. Later comparing the cost per hire with the benefit per employee to the organization.

In the given case, If Herbert determine cost per hire of an organization help in knowing which kind of source of recruitment delivered the most new hires for the money.