Reference no: EM131849671

Question: Please Explain The Rationale For Selecting These 3 Metrics For McAfee

Metric 1: McAfee recruitment team need to evaluate "how applicants, top candidates, and successful new hires discovered the vacancies for which they applied" (Phillips & Gully, 2015). - In using this metric, the team can decide which recruiting tools are working and which ones are not effective and can be eliminated from the process. In utilizing this metric, it will help to reduce unnecessary spending and create time-saving measures.

Metric 2: Passive Candidate Conversion Rate- The passive candidate conversion rate metric will address McAfee's issue with reaching candidates and keeping them engaged. It can be set up to monitor how many attempts it takes to get a candidate to apply all the way to the onboarding process. In gathering this information, it will give the team insight into how to get and keep the potential applicant engaged in the process.

Metric 3: Tracking Employee Referrals- High amount of employee referrals are a good sign. For instance, this can be a sign of employee satisfaction. "Employees are often aware of the talents and career aspirations of their colleagues and are familiar with their coworker's job performance and work habits, they can help identify promising internal talent" (Phillips & Gully, 2015). Referrals are beneficial for everyone, employees benefit from having new co-workers they possibly identify with, the company low their cost per hire and the recruiter don't have to work as hard to find qualified applicants.

Phillips, J. M., Gully, S. M. (2015). Strategic Staffing, 3rd Edition. [Bookshelf Online].