Insurance Written by Bhavna January 20, 2023 Table of Contents Bhavna Share Related articles Hiring on a Budget: Why DIY and Recruitment Agencies Aren’t Your Only Option Hiring quality talent is one of the smartest investments your small business can make. However, limited budgets and time constraints often make hiring feel overwhelming. Many businesses turn to do-it-yourself (DIY) hiring or expensive recruitment agencies, but both options have their challenges. Fortunately, Wizehire offers a cost-effective alternative that combines intuitive tools and expert support to make hiring on a budget stress-free. How to Calculate Your Candidate Conversion Rate By calculating your candidate conversion rate, you can evaluate the true effectiveness of your current hiring strategy—and make the necessary changes if that strategy is not living up to expectations. Quality of Start vs. Quality of Hire: Important HR Metrics A great hiring process doesn’t stop when an employee signs the offer letter. The real measure of success is in how well new hires integrate, perform, and contribute over time. That’s where quality of hire and quality of start come into play. Tracking these key HR metrics can improve hiring decisions, increase employee retention, and build a stronger workforce. Let’s break down what they mean, how to measure them, and why they’re essential for long-term success. Find your people. Grow your team. Meet your Wizehire. Get Started See How It Works