Do You Know Your Staffing Numbers?
If you were to ask most staffing managers and executives how their teams are performing, most can give you precise numbers of their weekly gross profit, monthly direct-hire fees and average margins, but many have a hard time giving specific details around some of their teams performance metrics. There are a list of Key Performance Indicators that Staffing Managers should be looking at - Time to Submit, Time to Fill, Submit to Hire Ratio, Cost to Apply, Cost to Place, and several others important metrics. One reason why many managers do not have a clear picture of these metrics is that the data can sometimes be hard to track depending on [...]