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Computing Interviewing Costs (CTI) : Key Staffing

Date:

November 24, 2008

This is the second article in a series that will focus on Key Staffing Metrics that you can use to measure the effectiveness of your HR practices.

The focus of this article will be on calculating your interviewing costs. The Society for Human Resource Management (SHRM) has published the following formula:

CTI = (ST + MT) / I

Legend:

ST : Dollar value of staffing time spent interviewing

MT: Dollar value of management time spent interviewing

I: Total number of interviews

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