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First option acceptance rate


Measures the percentage of conversion for the first option candidate from the hiring process.



Calculation steps:

  1. choose a time frame
  2. identify the number of offers made within the time frame
  3. identify the number of offers accepted by your first option candidate
  4. divide the number of offers accepted by first option candidate to the total number of offers made





Relevant dimensions: overall company, by company levels, managerial and individual contributors, functional area, key jobs, department, job profile.


It is important to know if the converted candidates are also the first option.

A low first option acceptance rate can mean: noncompetitive pay package, long hiring process, mismatch between job profile and market, issues during the recruitment process.


Example:

Let's say that during the last year you made 100 offers out of which 70 were accepted by your first option.

First option acceptance rate = (70 / 100) x 100 = 100%



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