Recruitment glossary

What is Cost Per Hire?

Cost per hire is a metric that recruiters use to measure the average amount associated with filling a position. This is calculated by adding the total internal and external recruiting costs and dividing this by the total number of hires within a particular period of time. Costs can include salaries, agency fees, advertising costs or even candidate-related costs such as relocation or travel expenses. Reducing this metric is a key KPI and should be measured regularly to assess whether a specific change results in a lower cost per hire rate.

Application management
What is the War for Talent?

The War for Talent refers to an increasingly competitive landscape for recruiting and retaining talented employees.

Application management
What is a Video interview?

A Video Interview is a job interview that takes place remotely and uses video technology as the communication medium. There …

Application management
What is an Unstructured Interview?

An Unstructured Interview is an interview conducted without a specific set of predetermined questions. Unstructured interviews are meant to flow …

Application management
What is Turnover?

Turnover refers to the percentage of workers who leave an organisation and are replaced by new employees. Measuring employee turnover …

Application management
What is Suspension?

Suspension refers to the situation when an employee is sent home from work, usually while receiving full pay. Employers are …

Application management
What is Superannuation?

Superannuation is an organisational pension program created by a company for the benefit of its employees.

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