Source Of Hire

Source of Hire (SOH) is the metric to determine the percentage of the overall hires entered in the pipeline from a particular source or referral. This information can help in allocating the recruiting budget more effectively.

Importance of Source of Hire

• It measures the effectiveness of recruiting efforts
• Allocating resources to the appropriate channels
• Improves the quality of future candidates
• Provide Insights
• Reduction in Costs

Limitations of Source of Hire

• Candidates pass through multiple sources
• Focusing on hires overlooks qualified candidates who came close to getting hired
• May not always justify reallocation of sources