Quality of Hire refers to the effectiveness and impact of new employees on an organization’s performance and overall success. It encompasses various factors such as the new hire’s skills, their fit with the company culture, and their ability to contribute to organizational goals. Evaluating Quality of Hire involves assessing how well new hires perform their roles, their retention rates, and their potential for growth within the company.
For example, a company that hires a software developer with exceptional coding skills and strong problem-solving abilities might see improved project outcomes and innovation, demonstrating high Quality of Hire. On the other hand, if a new hire struggles with teamwork or lacks alignment with company values, it may indicate a lower Quality of Hire.
Related terms: