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

AIHR

Recruitment ROI is an important metric that lets HR professionals calculate if their recruitment process is adding value to an organization — or costing it more money than each new hire is worth. Contents What is ROI in recruitment? Why should HR track recruitment ROI? ROI is about more than how much a hire costs, though.

ROI 57
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How to Measure HR Effectiveness with 12 Key Metrics

15Five

To earn their rightful place in high-level conversations, HR leaders must be equipped with a set of definitive metrics on which to base strategic business goals and prove the ROI of HR initiatives. sales revenue, customer service ratings, etc.). It’s also helpful to reference when asking for support on programs to boost retention.

Metrics 90
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Growth is getting hard from intensive competition, consolidation, and saturation

Andrew Chen

Paying for acquisition is one of the key channels still available, if you can find the right untapped audience segments with high ROIs. – but it’s also because competition is getting fiercer on Facebook ads, not less, which is evidenced by the rapid increase in the advertiser count as well as the increase in revenue per user.

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Talent Acquisition

AIHR

Improving employee retention – By creating talent acquisition strategies that help organizations find hires who are a good cultural fit and align with the overall mission and vision of the company, businesses can improve employee retention. Bridging also acts as a strong retention strategy.

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23 Recruiting Metrics You Should Know

AIHR

Recruitment ROI What are recruiting metrics? Using this image, we can see that hiring someone who is more suited for the job has the potential to create an enormous return on investment (ROI). Time to hire Customer service Engineering Finance/Accounting IT/Design Sales Global average 21 29 25 27 24 U.S. & Adverse impact 21.

Metrics 101
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The Podcast Ecosystem in 2019 – a16z’s 68 page analysis (Guest essay by Li Jin)

Andrew Chen

It could create a strong advantage around paid marketing if a product has high subscription retention or ARPU, allowing them to make higher bids in the various ad networks. Their revenue primarily comes from advertising, which means those podcasts need to amass large, repeatedly engaged listener bases. Of cars!’”.

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The Podcast Ecosystem in 2019 – a16z’s 68 page analysis

Andrew Chen

It could create a strong advantage around paid marketing if a product has high subscription retention or ARPU, allowing them to make higher bids in the various ad networks. Their revenue primarily comes from advertising, which means those podcasts need to amass large, repeatedly engaged listener bases. Of cars!’”.