Using Staffing Metrics

1. Strategy: Using Staffing Metrics
   Metrics are only information—it’s up to you to interpret and use them. Interpret the following metrics and identify what they might mean by addressing the questions that follow them.

a. Compare the following two recruiting sources:
Source X Source Y
Cost $200,000 $200,000
Number of new hires 20 10
Cost per hire $10,000 $20,000

1. Which program do you conclude is better?
2. If the hires from source X are retained for 2 years, and the hires from source Y are retained for 5 years, would your conclusion change? b. The turnover rates of different employee subgroups of a firm are as follow
   Employee Group Turnover Rate (%)
   Under 6 n tenure 85
   6 months to 1-year tenure 60
   1 to 2 years 30
   Over 2 years 12
   High performers 25
   Moderate performers 20
   Low performers 10
3. In what ways is turnover a problem for this company?

Sample Solution