Reference M-201
What is this?
The Open Requisitions metric shows the number of positions that are open in each department, division or area. Many organizations report two categories of open requisitions: approved and unapproved.
Why use it?
The ability to visualize open positions in the organization serves many purposes. Employees can use this metric for understanding other work opportunities in the organization. Managers can use the visualization of open positions for succession planning and threats to talent bench strength. Also HR Professionals can see if a particular department has many unfilled positions and adjust its recruitment effort to bring in qualified candidates. Accurate open position management serves many purposes:
- Informing recruitment strategies.
- Aiding skill development and promotions/transfers Anticipating skill or resource.
- Shortages/gaps Forecasting costs and budgets.
- Monitoring recruitment trends.
Required Data:
Required Fields: Vacancy Status.
