hiring rate

Definitions

The percentage of a company's workforce that consists of new employees hired during a specific period.

A metric used to measure the speed or frequency at which an organization fills open job positions.

Examples

The company's hiring rate has increased significantly following the launch of their new expansion project.

Economists are closely monitoring the national hiring rate to gauge the overall health of the labor market.

Synonyms

recruitment rate staffing rate employment rate hiring velocity acquisition rate onboarding rate

Antonyms

attrition rate turnover rate separation rate layoff rate termination rate downsizing rate