In today's competitive market, a company's talent is its most critical asset, yet most organizations struggle to quantify the effectiveness of their hiring process. Addressing this gap, McLean & Company has released its new Guide to Measuring Quality of Hire. This resource provides HR teams with a practical, evidence-based framework to move beyond gut feelings and transform talent acquisition from a cost center into a strategic driver of business performance, engagement, and culture.
Quick Intel
McLean & Company releases a new guide to help HR teams measure quality of hire.
Only 28% of HR leaders view their talent acquisition as highly effective.
The guide provides a two-part framework: preparing to measure and then improving.
Key metrics include employee performance, retention, and time to productivity.
It emphasizes shared accountability between HR, managers, and business leaders.
The goal is to maximize ROI on hiring and improve long-term business outcomes.
There is a recognized disconnect in the world of talent acquisition. While 89% of recruiting professionals agree that measuring quality of hire is essential, only 25% are highly confident in their ability to do so. This gap carries a significant financial burden, with replacement costs ranging from 20% of an entry-level salary to over 200% for an executive, not including the months it takes for a new hire to reach full productivity. This new guide is designed to close this gap by providing a structured approach to measurement.
The guide outlines a clear, two-part process for organizations to implement. The first phase, "Preparing to Measure," involves defining the scope of measurement, establishing clear success criteria, and selecting the right post-hire metrics such as performance, retention, and time to productivity. The second phase, "Measuring and Improving," focuses on creating scorecards, analyzing results to identify pain points and strengths, and, most importantly, translating these data-driven insights into targeted action plans to refine hiring and onboarding processes.
A core principle of the framework is that HR cannot operate in isolation. The guide stresses that shared accountability with business leaders and managers is essential for driving meaningful change. By adopting this rigorous approach, organizations can shift from a reactive hiring model to a proactive, strategic function. This enables them to maximize the impact of every hire, directly improving key business areas like employee engagement, retention, and overall culture alignment.
McLean & Company's new guide provides the necessary tools for HR to confidently measure and improve the quality of their hires. By implementing this evidence-based framework, organizations can ensure their significant investment in talent delivers a clear return, building a workforce that is not only skilled but also engaged and aligned with long-term business goals.
McLean & Company pairs evidence-based research and immediately applicable tools with deep HR expertise to position organizations to meet today's needs and prepare for the future. The global HR research and advisory firm's member organizations enjoy comprehensive resources, full – service diagnostics, workshops, action plans, and advisory services for all levels of HR professionals, from executive leadership to HR leaders to HR team members, that help shape workplaces where everyone thrives.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.