
How Many Recruiters Do We Need and What Happened to Alice?
How Many Recruiters Do We Need and What Happened to Alice?
The sequel to last week's article from our archives:
What Happened to Alice?
I think I answered all of the individual questions about last week's Update but just to recap the most common:
The Total Compensation Recruited is calculated by multiplying the average starting base compensation by the number of new starting employees. It is the best measure of recruiting productivity.
The Internal and External Costs/TCR are the same costs used to calculate Cost-Per-Hire. The Staffing Efficiency is the sum of the Internal Costs/TCR and the External Costs/TCR.
I've added totals to the table from last week and changed Comp Recruited to TCR. And yes, thank you for noticing, I used M for millions incorrectly last week.
Recruiter | Openings | Starts | Comp Recruited | Internal Cost/TCR | External Cost/TCR | Staffing Efficiency | Time |
Alice | 86 | 26 | $1.2M | 6.2% | 14.1% | 20.3% | 109 |
Ben | 29 | 23 | $1.3M | 6.1% | 18.8% | 24.9% | 91 |
Gina | 47 | 29 | $1.7M | 5.8% | 9.8% | 15.6% | 97 |