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How to Measure Quality of Hire to Drive Business Results

AIHR

Speed also matters because the ability to fill jobs on time affects a company’s ability toscale and boost revenues. You want to have enough candidates to compare to make the right choice unless you hire for that position frequently enough to have a good benchmark. Cost per Hire = Sum of recruiting costs ÷ Number of hires.

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An HBR Refresher on Breakeven Quantity

Harvard Business Review

.” The other forms of ROI often require a more complex understanding of financial concepts such as the firm’s cost of capital or the time value of money. The BEQ will be present on both sides of this equation because the number of units sold affects both the revenue the firm earns as well as the costs it must incur to earn it.