I hear HR professionals say they want to be strategic but often their actions indicate otherwise. Take the all too commonly used “cost per hire” metric. Sure it’s used by lots of people but so is astrology. Let me explain what’s wrong with it and how it could be improved. What’s wrong with cost per hire?
- Hiring cheap is easy – Finding great people is never easy or cheap. Hiring walk-ins and poor quality applicants “no one wants” is cheap.