DR. TYRONE A. HOLMES, ED.D, CPT
  • Home
  • About Us
    • Dr. Tyrone A. Holmes
    • Client List
    • Testimonials
  • Speaking
  • Consulting
    • Empowering Diversity
    • Strategic Planning
  • Business Coaching
    • Building Powerful CONNECTIONS
    • SPEAK YOUR WAY >
      • Packages and Prices
      • Free Coaching Session
      • Testimonials
  • Publications
    • Books
    • Articles
    • Blog
  • Calendar
    • 2018 Events
    • 2017 Events
    • 2016 Events
    • 2015 Events
    • 2014 Events
  • Store

Top Diversity Measures and Metrics: Quality Hire of Diverse Candidates

12/16/2013

0 Comments

 
Like the quality hire rate metric, quality hire of diverse candidates can help you evaluate the efficacy of your hiring process by telling you how effective you are at selecting high performers who can be promoted and who stay with the company. In addition, it allows you to compare the quality of hires between different employee demographics and categories. The quality hire of diverse candidates formula also uses performance ratings, promotion percentage and retention rate as primary performance indicators as follows:
  • QHDC = PRD + PROMD + RRD/Number of Indicators
  • PRD = Average Performance Rating Percentage for Diverse Employees
  • PROMD = Promotion Percentage for Diverse Employees
  • RRD = Retention Rate for Diverse Employees
  • Example: 80% + 32% + 92%/3 = 68% Quality Hire Rate
Please note this will be my last post until after the New Year. I look forward to connecting with you again next month. Have a safe and prosperous holiday season! 

Next Post: January 6, 2014 – Top Diversity Measures and Metrics: Turnover Rate
0 Comments

Top Diversity Measures and Metrics: Quality Hire Rate

12/12/2013

0 Comments

 
Another useful diversity metric is one that helps organizations evaluate the quality of their hiring process. Quality hire rate does this by telling you how effective you are at hiring high performers who can be promoted and who stay with the company. The quality hire formula uses performance ratings, promotion percentage and retention rate as primary performance indicators as follows:
  • QHR = PR + PROM + RR/Number of Indicators
  • PR = Average Performance Rating Percentage
  • PROM = Promotion Percentage
  • RR = Retention Rate
  • Example: 85% + 25% + 90%/3 = 66.7% Quality Hire Rate
Next Post: December 16, 2013 – Top Diversity Measures and Metrics: Quality Hire of Diverse Candidates
0 Comments

Top Diversity Measures and Metrics: Diversity Hit Rate

12/9/2013

0 Comments

 
In my last post, I introduced hit rate, which tells you how effective you are at marketing your organization to potential candidates by comparing the number of job offers accepted by candidates to the number of offers extended by your organization. Diversity hit rate uses a similar formula that allows you to compare hit rates between different employee demographics and categories:
  • DHR = Number of Job Offers Accepted by Diverse Candidates/Number of Job Offers Extended to Diverse Candidates
  • Example: 14 job offers accepted/22 job offers extended = 63.6% Hit Rate
Next Post: December 12, 2013 – Top Diversity Measures and Metrics: Quality Hire
0 Comments

Top Diversity Measures and Metrics: Hit Rate

12/5/2013

0 Comments

 
Hit rate tells you how effective you are at marketing your organization to potential candidates. It does so by comparing the number of job offers accepted by candidates to the number of offers extended by your organization. Here is a formula you can use to determine hit rate:
  • HR = Number of Job Offers Accepted by Candidates/Number of Job Offers Extended to Candidates
  • Example: 36 job offers accepted/44 job offers extended = 81.8% Hit Rate
Next Post: December 9, 2013 – Top Diversity Measures and Metrics: Diversity Hit Rate
0 Comments

Top Diversity Measures and Metrics: Staff Diversity Percentage

12/2/2013

0 Comments

 
Staff diversity percentage is another very simple, yet useful metric that tells you how effective you are at increasing diversity at various organizational levels, divisions and departments. Here is a formula you can use to determine staff diversity percentage within a business unit, at a particular job grade, or for the entire organization:
  • SDP = Number of Diverse Employees/Total Number of Employees
  • Example: 24 diverse employees/208 total employees = 11.5% Staff Diversity Percentage
Next Post: December 5, 2013 – Top Diversity Measures and Metrics: Hit Rate
0 Comments

    Enter your email address:

    Delivered by FeedBurner

    Author

    Dr. Tyrone A. Holmes is an author, speaker, coach and consultant. He helps his clients develop the skills needed to communicate, resolve conflict, solve problems and improve performance in diverse organizational settings.

    Archives

    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013

    Categories

    All
    Coaching
    Communication
    Conflict
    Conflict Resolution
    Cultural Inclusion
    Culture
    Customer Service
    Discrimination
    Diversity
    Diversity Benefits
    Diversity Climate
    Diversity Metrics
    Diversity Metrics
    Diversity Recruitment
    Empowering Diversity
    Empowering Diversity
    Globalization
    Leadership
    Mentoring
    Multicultural
    Performance Improvement
    Sexual Harassment
    Stereotyping
    Teambuilding

    RSS Feed

Picture





                                                          Copyright © 1996-2018 T.A.H. Performance Consultants, LLC. All Rights Reserved.