USA Recruitment Metrics and Analytics 2

Question 1

A company's offer acceptance rate dropped from 85% to 68% over one quarter. Which metric should be analyzed next to diagnose the cause?

Accepted Answer

Compensation benchmarking data vs. market

Answer

A declining offer acceptance rate often signals that compensation packages have fallen below market rates, making benchmarking data the most relevant next metric.

Question 2

Which formula correctly calculates Cost Per Hire (CPH)?

Accepted Answer

Total recruiting spend / Number of hires made

Answer

Cost Per Hire is calculated by dividing total recruiting expenditures (internal + external) by the total number of hires during the same period.

Question 3

A recruiter tracks 'pipeline velocity.' What does this metric primarily measure?

Accepted Answer

How quickly candidates move through each stage of the hiring funnel

Answer

Pipeline velocity measures the speed at which candidates progress through hiring stages, helping identify bottlenecks that slow down the overall process.

Question 4

What does a 'sourcing channel effectiveness ratio' allow recruiters to compare?

Accepted Answer

The quality of hires produced by each sourcing channel relative to its cost

Answer

Sourcing channel effectiveness ratios compare quality outcomes (like performance ratings and retention) against the cost of each sourcing channel.

Question 5

If a job has 400 applicants, 80 phone screens, 20 interviews, and 4 offers, what is the interview-to-offer conversion rate?

Accepted Answer

20%

Answer

Interview-to-offer conversion = 4 offers / 20 interviews = 20%, indicating how many interviewed candidates receive an offer.

USA - Hire Assessment Practice Test

USA - Hire Assessment Practice Test

USA Recruitment Metrics and Analytics 2