Question: Hello! Please answer the following question. Below the chart is all the information I have completed SO FAR please use those data points in your

Hello! Please answer the following question. Below the chart is all the information I have completed SO FAR please use those data points in your response!

  1. Evaluate this organizations recruitment strategy.
    1. What sources would you discontinue/keep/modify? Why?
    1. Evaluate the effectiveness of this recruitment cycle. Use the results generated below (under the chart) to justify your response.

Recruitment Source

Applicants

Qualified applicants

Applicants invited for interview

Applicants offered a job

Applicants who accepted job offer

1-year survival rate

Employees who received acceptable (above avg) perf ratings

Recruitment costs by course (total cost on last row)

Employee referrals

17

15

12

7

5

4

4

$2,000

Internet sites

40

20

10

6

4

1

1

$1,000

College

32

30

21

16

12

9

7

$4,500

Employment agency

11

11

7

5

3

2

0

$10,000

Column Totals

100

76

50

34

24

17

12

$17,500

The data show that 100 applicants (from all 4 sources combined) yielded 24 qualified applicants who eventually accepted a job offer and were hired. One year later 17 of these candidates were still with the organization and 12 of those employees had received above-average ratings. The average performance rating among all the new hires above was 3.5 out of 5 (where 5 is excellent).

It is important that you help the hospital improve its recruiting efforts as a large percentage of jobs are remaining unstaffed. Unstaffed jobs are increasing the workload of the existing nursing staff and may increase turnover among the current staff.

Please use the data below (points one through six) to solve for question 1 listed at the top of this posting.

  1. cost per hire for each recruitment source
    1. Employee referrals $400
    2. Internet recruiting $250
    3. College recruiting $375
    4. Employment agency $3,333

  1. the overall cost per hire across all recruitment sources $729

  1. the acceptance rate for each recruitment source
    1. Employee referrals 71.42%
    2. Internet recruiting 66.66%
    3. College recruiting 75%
    4. Employment agency 60%

  1. acceptance rate across all recruitment sources 70.58%

  1. What was the yield ratio of each source in terms of the percentage of above-average employees it yielded relative to the number of qualified applicants it produced?
    1. Employee referrals 26.66%
    2. Internet recruiting 5%
    3. College recruiting 23.33%
    4. Employment agency 0%

  1. quality of hire for this recruitment cycle

Average new hire performance (as a %) (PR) = 50%

% of new hires reaching acceptable performance (HP) = 50%

% of new hires retained (HT) = 70.83%

Quality of hire = 56.97%

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