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What Companies Are Doing Now. Measuring quality of hire is a process that is still evolving, and companies look at it in myriad ways. âGenerally, there is no one-size-fits-all metric for quality of hire because it depends on what your priority is,â Min said.
Recruiting is expensive. Itâs also really complex. The hiring metrics alone to calculate the cost per hire and employee turnover have steam coming from my ears, and I havenât finished a single, solitary interview. A quality hire can easily set your organization back 100-300% of a positionâs first yearâs salary.hat doesnât mean that you a retention focused recruiting strategy isnât right for you. In the battle for human capital retention always wins. Itâs like shopping for a new outfit when you have the exact same one in your master closet. It just needs pressed, and doing anything else is just a waste of freaking money.