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