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Recruitment ROI Explained Plus How To Calculate It (in 2024)

AIHR

To calculate ROI, you’ll need to add up the costs associated with the recruitment process, including advertising job openings, recruiter fees, hiring staff hours, and onboarding and training expenses. Improve time-to-hire: A lengthy recruitment process can result in a longer time-to-hire, impacting your company’s ability to grow and scale.

ROI 57
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How to reinvent your product growth strategy for the tech downturn

Andrew Chen

This puts the focus squarely on burn by evaluating it as a multiple of revenue growth. In other words, if you spend $10M and gain $5M more in annual recurring revenue, that’s a 2x burn multiple — which he grades as “Suspect.” And the first questions to ask are often around marketing. 1, before they slow down.

ROI 85
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What is HR Analytics? All You Need to Know to Get Started

AIHR

Absenteeism rate = (Number of absent days / Total working days) x 100 Revenue per employee This is the average revenue generated per employee, usually calculated on an annual basis. However, certain circumstances may require incorporating external benchmarking data. It reflects the organization’s overall efficiency.

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How to Measure HR Effectiveness with 12 Key Metrics

15Five

sales revenue, customer service ratings, etc.). Costs can include software fees, advertising expenses, relocation costs, recruiter salaries, and more. Revenue-per-employee Revenue-per-employee is the amount of money each employee generates for the company, on average. Think of revenue-per-employee as a productivity ratio.

Metrics 90