Quality of Hire shows how well new employees do in their jobs after you hire them. This metric helps HR teams see if their hiring process works well. It tracks how new employees perform, stay with the company, and add value to the business.
When you measure Quality of Hire, you can tell which hiring methods bring in the best people. This helps companies make smarter choices about who to hire next time.
Companies use several ways to check how good their new hires are. They look at both numbers and feedback to get the full picture.
Here's what most companies track:
This metric tells you if your hiring process actually works. Good Quality of Hire means you're picking the right people for the right jobs. This leads to happier employees who stick around longer.
Bad Quality of Hire scores warn you that something's wrong. Maybe your job ads don't match the real work. Or perhaps your interview questions miss important skills. Either way, you need to fix these problems fast.
Several things affect how well new hires turn out. First, you need clear job descriptions that match what the person will actually do. Your screening process should catch people who aren't a good fit early on.
The interview process matters too. Structured interviews work better than casual chats. And don't forget about onboarding. New hires need good training and support from their managers.
Start by looking at your current hiring data. Which methods bring in your best employees? Use more of those approaches. Also, ask your hiring managers what they think about recent hires.
Make sure your job postings attract the right candidates. Test different interview questions to see which ones predict success. Finally, track your new hires for at least six months to see how they're doing.