Question

Gilbert, an HR manager at MaxNet Inc., hires 50 employees in five months. He has 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, Gilbert should determine the _____.

Answer 1

Answer:

Cost per hire

Explanation:

Cost per hire is the average amount spent in an hiring or recruitment process. It usually calculated by the ratio of the total cost of hiring (both internal and external cost) to the number of employee hired. Cost per hire is also aimed at determining the efficiency of a recruitment process