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Return on Time Invested (ROTI) is a productivity and efficiency metric used to evaluate the effectiveness of time spent on a given activity, project or product.It is analogous to the financial concept of Return on Investment (ROI) but focuses on the qualitative and quantitative returns gained from the time invested, rather than financial capital.
Note: This metric is a simpler derivative of total Cost Per Hire metrics that try to capture all recruiting related expenses and investments involved in hiring candidates. A recruiting department's total resource costs, including full-time employees, contractors, and temps, divided by number of candidates hired for a fiscal year.
Cost per hire: It is the cost associated with a new hire. It is not only important to know how much it cost in hiring, but it is also important to see if the money spent is used to hire right people. (Boudreau; Lawler & Levenson, 2004) [3] Time to fill: It is the total days to fill up a job opening per each job. The shorter the time, the more ...
Work measurement is the application of techniques which is designed to establish the time for an average worker to carry out a specified manufacturing task at a defined level of performance. [1] It is concerned with the duration of time it takes to complete a work task assigned to a specific job.
A French court found all 51 defendants guilty on Thursday in a mass rape case including Dominique Pelicot, who repeatedly drugged his then wife, Gisele, and allowed dozens of strangers into the ...
A Catholic nun was arrested by Italian police on Thursday for bringing messages for the mafia to prisoners, police said in a news statement. Sister Anna Donelli acted on several occasions as an ...
More shoppers came to Costco stores in the three months ending Nov. 24, just days ahead of Black Friday. The company saw sales up 7.5% over last year.
Selection ratio refers to the ratio of the number of job positions to the number of job applicants and is used in the context of selection and recruitment.It is typically assumed to be a number between 0 and 1 where a number closer to zero implies that there are many applicants for any one position.