The total number of candidates hired through proactive recruiting methods
The total number of hires in the same period, including both proactive and traditional methods
The average time taken to fill a position through proactive recruiting, from initial contact to hire
The average time taken to fill a position through traditional recruiting methods
The average cost incurred in hiring a candidate through proactive methods, including sourcing, networking, and communication efforts
The average cost incurred in hiring a candidate through traditional recruitment methods
This formula compares the time and cost efficiency of proactive hires against traditional hires