Dear all,
I have taken up a study on the offer to acceptance ratio in an organization. As we all know, not all offers made to candidates are readily accepted. There are several reasons for a candidate to decline an offer.
I request your valuable views on this area.
Thanks,
Ragot
From India, Madras
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I have taken up a study on the offer to acceptance ratio in an organization. As we all know, not all offers made to candidates are readily accepted. There are several reasons for a candidate to decline an offer.
I request your valuable views on this area.
Thanks,
Ragot
From India, Madras
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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 the working environment
c) Travel logistics to the place of work (depending on how far from the city/town - mode/availability of transport, etc.)
d) Designation offered
e) Career growth prospects.
In a way, it should be HR's responsibility to ensure that these issues are discussed thoroughly during the interview session itself. Otherwise, you might find some candidates leaving a couple of days after they join the organization, thus affecting your Early out ratio. An organization's early out ratio is the ratio between the persons who joined and left within a specified period, which could be between one week to one month.
Collecting trends of such ratios pertaining to recruitment will be useful to analyze the critical factors affecting these ratios and will help the organization take corrective action whenever possible.
Regards,
P. Arun Kumar
From India, Bangalore
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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 the working environment
c) Travel logistics to the place of work (depending on how far from the city/town - mode/availability of transport, etc.)
d) Designation offered
e) Career growth prospects.
In a way, it should be HR's responsibility to ensure that these issues are discussed thoroughly during the interview session itself. Otherwise, you might find some candidates leaving a couple of days after they join the organization, thus affecting your Early out ratio. An organization's early out ratio is the ratio between the persons who joined and left within a specified period, which could be between one week to one month.
Collecting trends of such ratios pertaining to recruitment will be useful to analyze the critical factors affecting these ratios and will help the organization take corrective action whenever possible.
Regards,
P. Arun Kumar
From India, Bangalore
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Hi Arun,
The reasons were right. Adding to it, I found in many cases, due to high pay in the market, candidates are trying for multiple opportunities at a time. They accept an offer, postpone the joining date, and finally, you come to know that the candidate is with another organization that offered more.
Uma
From India, Hyderabad
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The reasons were right. Adding to it, I found in many cases, due to high pay in the market, candidates are trying for multiple opportunities at a time. They accept an offer, postpone the joining date, and finally, you come to know that the candidate is with another organization that offered more.
Uma
From India, Hyderabad
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