September 3, 2004—iLogos Research a division of Taleo Corporation, specializing in staffing economics, benchmarking, and best practices, recently released Quality of Hire, a study that details how to measure the quality of hires, and drive quality into the staffing process to enhance corporate performance.
According to the study, to date, little or no focus has been given to quality programs that determine the quality of hire and quantify its impact on enterprise productivity and financial results. However, one large manufacturing company measuring worker productivity conservatively reports that a one percent increase in new hires’ worker productivity resulted in a five percent increase to earnings per share.
This complimentary white paper can be downloaded online.
This report provides a guide to a quality of hire methodology, what needs to be measured and how organizations can continuously improve processes to deliver incremental value. The report also cites examples of new hire quality measures used in large corporations.
