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Predictive Analytics HR Metrics

Ca
Efficiency Cost per hire r
vis eer S
Time to Hire app itors ite
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tic
aly
HR Analytics
An
ve
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Effectivness Outcomes

Turnover Source of
Rate Hire
Offer
Acceptance
Rate
Predictive analytics offer insights into the future. It’s
focused on probabilities and impact, so it provides
flexibility to the organization’s needs.

Efficiency: calculate such as average number of days to fill a requisition and HR metrics tell you what happened in the past.

cost per hire. For example, time to fill. Or they’re focused on

Effectiveness: contain new hire performance ratings, engagement survey cost-containment, such as cost per hire.

results, and exit interview data.


Outcomes: measure profitability, productivity, and retention.
THINGS TO CONSIDER AT TIME OF HIRING

75% 83% 69%

Of Candidates research about Of employee says that Of candidates would NOT


firm's reputation and Employer Brand plays a accept job in a firm with a bad
employer Brand Before significant role in their ability reputation even if they
Applying for Job. to hire talent. wouldn't have a job.
NECESSARY PART OF
Mental Health:
EMPLOYEE EVALUATION

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