Quality of Hire Calculator

✖Job Performance Score is defined as the total expected value to the organization of the discrete behavioral episodes that an individual carries out over a specified time period.ⓘ Job Performance Score [JPS]			+10% -10%
✖Ramp Up Time Score refers to the amount of time that a new hire takes to reach full productivity in their role at the company.ⓘ Ramp Up Time Score [Rut]			+10% -10%
✖The Engagement Score is a quantitative measure that represents the level of employee engagement within an organization.ⓘ Engagement Score [ES]			+10% -10%
✖Cultural Fit Score is the congruence of core values, behaviors and goals between your company culture and that of a potential candidate.ⓘ Cultural Fit Score [CFS]			+10% -10%
✖Number of Indicators refers to a measurement or value which gives you an idea of what something is like.ⓘ Number of Indicators [I]			+10% -10%

✖Quality of hire measures the value that new hires bring to a company.ⓘ Quality of Hire [QoH]

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Formula

✖

Quality of Hire

Formula

`"QoH" = ("JPS"+"Rut"+"ES"+"CFS")/"I"`

Example

`"53.75"=("85"+"15"+"70"+"45")/"4"`

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Quality of Hire Solution

STEP 0: Pre-Calculation Summary

Formula Used

Quality of Hire = (Job Performance Score+Ramp Up Time Score+Engagement Score+Cultural Fit Score)/Number of Indicators
QoH = (JPS+Rut+ES+CFS)/I
This formula uses 6 Variables

Variables Used

Quality of Hire - Quality of hire measures the value that new hires bring to a company.
Job Performance Score - Job Performance Score is defined as the total expected value to the organization of the discrete behavioral episodes that an individual carries out over a specified time period.
Ramp Up Time Score - Ramp Up Time Score refers to the amount of time that a new hire takes to reach full productivity in their role at the company.
Engagement Score - The Engagement Score is a quantitative measure that represents the level of employee engagement within an organization.
Cultural Fit Score - Cultural Fit Score is the congruence of core values, behaviors and goals between your company culture and that of a potential candidate.
Number of Indicators - Number of Indicators refers to a measurement or value which gives you an idea of what something is like.

STEP 1: Convert Input(s) to Base Unit

Job Performance Score: 85 --> No Conversion Required
Ramp Up Time Score: 15 --> No Conversion Required
Engagement Score: 70 --> No Conversion Required
Cultural Fit Score: 45 --> No Conversion Required
Number of Indicators: 4 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

QoH = (JPS+Rut+ES+CFS)/I --> (85+15+70+45)/4

Evaluating ... ...

QoH = 53.75

STEP 3: Convert Result to Output's Unit

53.75 --> No Conversion Required

FINAL ANSWER

53.75 <-- Quality of Hire

(Calculation completed in 00.004 seconds)

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Credits

Created by Kashish Arora

Satyawati College (DU), New Delhi

Kashish Arora has created this Calculator and 50+ more calculators!

Verified by Vishnu K

BMS College of Engineering (BMSCE), Bangalore

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< 11 Human Resource Metrics Calculators

Hourly Paycheck

Go Hourly Paycheck = Income till Date+(Regular Working Hours*Wages Paid per Hour)+(Overtime Hours Worked*Wages Paid per Hour from Overtime Hours)-Taxes

Quality of Hire

Go Quality of Hire = (Job Performance Score+Ramp Up Time Score+Engagement Score+Cultural Fit Score)/Number of Indicators

Average Employee Lifetime Value

Go Average Employee Lifetime Value = (Average Yearly Revenue/Number of Employees)*Average Length of Employee Tenure

Human Capital Return on Investment

Go Human Capital Return on Investment = (Revenue-Non Human Capital Expenses)/Human Capital Expenses

Cost Per Hire

Go Cost Per Hire = (External Recruiting Expenses+Internal Human Resource Expenses)/Successful Hires

Employee Churn Rate

Go Employee Churn Rate = (Number of Employees Left/Total Number of Employees Remaining)*100

Employee Turnover Rate

Go Employee Turnover Rate = (Employees Separated/Average Number of Employees)*100

Absenteeism Rate

Go Absenteeism Rate = Total Unplanned Leave/Number of Working Days*100

Average Training Hours

Go Average Training Hours = Total Training Hours/Number of Employees

Overtime Percentage

Go Overtime Percentage = (Overtime Hours/Regular Hours)*100

Employee Satisfaction Index

Go Employee Satisfaction Index = (((Total Score Value of 3 Questions/3)-1)/9)*100

Quality of Hire Formula

Quality of Hire = (Job Performance Score+Ramp Up Time Score+Engagement Score+Cultural Fit Score)/Number of Indicators
QoH = (JPS+Rut+ES+CFS)/I

What is Quality of Hire?

Quality of Hire (QoH) measures the value that new hires bring to a company. This metric is especially important for small and middle-sized businesses where success of the company is heavily defined by the quality of staff.

How to Calculate Quality of Hire?

Quality of Hire calculator uses Quality of Hire = (Job Performance Score+Ramp Up Time Score+Engagement Score+Cultural Fit Score)/Number of Indicators to calculate the Quality of Hire, Quality of Hire (QoH) measures the value that new hires bring to a company. Quality of Hire is denoted by QoH symbol.

How to calculate Quality of Hire using this online calculator? To use this online calculator for Quality of Hire, enter Job Performance Score (JPS), Ramp Up Time Score (Rut), Engagement Score (ES), Cultural Fit Score (CFS) & Number of Indicators (I) and hit the calculate button. Here is how the Quality of Hire calculation can be explained with given input values -> 53.75 = (85+15+70+45)/4.

FAQ

What is Quality of Hire?

Quality of Hire (QoH) measures the value that new hires bring to a company and is represented as QoH = (JPS+Rut+ES+CFS)/I or Quality of Hire = (Job Performance Score+Ramp Up Time Score+Engagement Score+Cultural Fit Score)/Number of Indicators. Job Performance Score is defined as the total expected value to the organization of the discrete behavioral episodes that an individual carries out over a specified time period, Ramp Up Time Score refers to the amount of time that a new hire takes to reach full productivity in their role at the company, The Engagement Score is a quantitative measure that represents the level of employee engagement within an organization, Cultural Fit Score is the congruence of core values, behaviors and goals between your company culture and that of a potential candidate & Number of Indicators refers to a measurement or value which gives you an idea of what something is like.

How to calculate Quality of Hire?

Quality of Hire (QoH) measures the value that new hires bring to a company is calculated using Quality of Hire = (Job Performance Score+Ramp Up Time Score+Engagement Score+Cultural Fit Score)/Number of Indicators. To calculate Quality of Hire, you need Job Performance Score (JPS), Ramp Up Time Score (Rut), Engagement Score (ES), Cultural Fit Score (CFS) & Number of Indicators (I). With our tool, you need to enter the respective value for Job Performance Score, Ramp Up Time Score, Engagement Score, Cultural Fit Score & Number of Indicators and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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