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To improve your company’s hiring process, you might want to take a more active role in assessing the performance of hiring managers. In order to do this, however, you first have to come up with criteria in order to measure performance. These metrics need to be simple to use and effective.

One of the most important measurements would be how well the new hires perform and how long the hires stay with the company. One way to do this is by looking at their performance reviews after about six to 12 months and then comparing these reviews to that of a regular hire for that job or one similar to it. An even better assessment method is to actually measure the output of a new hire. Another way of measuring, although not quite as unbiased, is to talk with the supervisors of the hiring manager to get their judgement on the new hires and how well they are working out.

Another measure of the quality of new hires is to look at their retention rate, because this is also considered to be a good indicator of performance. Here again, a comparison could be made between the average retention rate and that of a specific hiring manager.

An additional gauge of performance is to track the number of hires a hiring manager makes from certain targeted firms, companies whose people are valued by the hiring manager’s company, and again comparing that to an average.

One possible performance indicator is the diversity of the hires made by the hiring manager. This could be assessed by seeing the percentage of those hired that fit into this category.

Another measure is too look at the satisfaction of the new hires made by the hiring manager. If the manager has made a good hire, a person who is performing well and is a good fit with the company, this person would also most likely be very satisfied with his or her job and his stay at the company.

And yet one more measure is too look at the number of hires that are referrals from company employees. This shows how well the manager is getting members of his staff to make referrals of people that they know, which are generally considered to be the most desirable hires to make.

If your company is looking for workers in the New York City area, Winston Resources can find the talent you need. Give us a call today.


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