Total Cost to Acquire Talent

Published On:
April 17, 2024
Authored By:
APQC
Members-Only Content:

Two trends are putting significant pressure on the cost to acquire talent: 1) scarcity of talent with the latest, most-in-demand skills and 2) competition to provide a consumer-grade candidate experience. These trends are making it especially important for organizations to monitor that acquisition expenditures do not rise unexpectedly or unnecessarily high. 

This article describes two recruiting cost measures that are important to watch and offers tips for keeping your recruiting costs in check.

Calculations and metric values are provided.

Also found in Understanding Talent Acquisition Benchmarks and Best Practices
Type:
Articles
Topics:
Human Capital Management, Recruiting and Staffing
Tags:
Key performance indicators (KPIs)

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