Measure Your Success
with the Smart Success Rates
OER shares 7 success rate formulas with agencies!
Why? Simply because effective recruitment management starts with measuring smart success rates (also fill rate or placement rate).
To measure success and manage your agency to increase this success, you need formulas which evaluate the performance correctly.
Measure. Evaluate. Manage.
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Evaluate Your Success
Orders
Turnover
Projects
Completion
“Without Measuring, No Improvements”
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The Smart Success Rates Tool Consists of 3 Steps:
- Monthly Data Input
- Analyses
- Report
Effective Management needs Correct Measurements
The Smart Success Rates tool calculates different success rates for your agency. It is important to apply the correct formula to get an realistic view of the performance in recruitment.
OER distinguishes 2 types success rate formulas:
- Value-based success rates are based on the fees of the projects
- Quantity-based success rates are based on the quantity of the projects
OER calculated 7 different success rates:
- Value-based Success Rate (Turnover / Orders)
- Value-based Success Rate of Closed Vacancies (Turnover from Closed Vacancies / Orders)
- Value-based Average Success Rate (Average Value-based Success Rate of 3 Months)
- Value-based Average Success Rate of Closed Vacancies (Average Value-based Success Rate of Closed Vacancies of 3 Months)
- Quantity-based Success Rate (Placed Candidates / Opened Vacancies)
- Quantity-based Average Success Rate (Average Quantity-based Success Rate of 3 Months)
- Overall Average Success Rate (Average Success Rates 1 to 6)
Check out the success rates of your agency for free! Do the Quick Scan.