Dear all ,
I have taken up a study on the offer to acceptance ratio in an organisation. As we all know that all offers made to the candidate are not readily accepted . boiling down there are several reasons for a candidate to decline the offer.
Request your valuable views on this area.
Thanks
Ragot
From India, Madras
I have taken up a study on the offer to acceptance ratio in an organisation. As we all know that all offers made to the candidate are not readily accepted . boiling down there are several reasons for a candidate to decline the offer.
Request your valuable views on this area.
Thanks
Ragot
From India, Madras
Dear Raghothaman
Hi !
You are right - there are several reasons why the offer to acceptance ratio is on the low side - some of the most common reasons are -
a) Compensation offered
b) Not happy with working environment
c) Travel logistics to place of work (depending on how far from city/town - mode/availability of transport, etc)
d) Designation offered
e) Career growth prospects.
In a way, it should be HR's responsibility to see that these issues are discussed threadbare during the interview session itself - otherwise you might find some candidate leaving a couple of days after he joins the organisation - thus affecting your Early out ratio. An organisation's early out ratio is the ratio between persons joined and left within a specified period - could be between one week to one month.
Collecting trend of such ratios pertaining to recruitment - will be useful to analyse the critical factors affecting these ratios and will help the organisation to take corrective action whenever possible.
Regards
P.Arun Kumar
From India, Bangalore
8Hi !
You are right - there are several reasons why the offer to acceptance ratio is on the low side - some of the most common reasons are -
a) Compensation offered
b) Not happy with working environment
c) Travel logistics to place of work (depending on how far from city/town - mode/availability of transport, etc)
d) Designation offered
e) Career growth prospects.
In a way, it should be HR's responsibility to see that these issues are discussed threadbare during the interview session itself - otherwise you might find some candidate leaving a couple of days after he joins the organisation - thus affecting your Early out ratio. An organisation's early out ratio is the ratio between persons joined and left within a specified period - could be between one week to one month.
Collecting trend of such ratios pertaining to recruitment - will be useful to analyse the critical factors affecting these ratios and will help the organisation to take corrective action whenever possible.
Regards
P.Arun Kumar
From India, Bangalore
Hai Arun,
The reasons were right. Adding to it i found in many case due to high pay market, candidates are trying at multiple opportunities at a time. They accept the offer, postpone the joining date and finally you come to know the candidate is with some other organisation which offered more.
Uma
From India, Hyderabad
The reasons were right. Adding to it i found in many case due to high pay market, candidates are trying at multiple opportunities at a time. They accept the offer, postpone the joining date and finally you come to know the candidate is with some other organisation which offered more.
Uma
From India, Hyderabad
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