hiring rate
Recruitment speed metric
Hiring rate is a measure of how many new employees an organization brings on during a specific period, typically expressed as a percentage of total workforce or as a raw number.
HR departments and economists track hiring rates to gauge labor market health and company growth: The tech sector's hiring rate slowed dramatically in the fourth quarter.
At the individual level, hiring rate can refer to the wage or salary offered to new employees: The hiring rate for this position is $22 per hour.
- recruitmentSeeking new personnel
- turnoverSales volume or attrition
- retentionContinued holding or possession
- unemploymentBeing without paid work
- workforceAll available workers
onboarding · applicants · vacancies · job market · talent acquisition · staffing · employment · headcount · attrition · candidates · interviews · background check · offer letter · offers · payroll · openings · labor market · job fair
hiring ratehiring freeze
Suspension of new employment
downsizing · layoffs · headcount reduction · job losses · staff reduction
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