Retention, engagement & workforce metrics · Working
Hire rate
Also called: hiring rate
ELI5
Hires as a percentage of employment under a stated method.
Used in conversation
“Keep hire rate on the dashboard, but show the definition and reporting period beside it.”
Pitch context
You will see “Hire rate” in organisation plans, workforce reviews, change programmes and people reports when the discussion reaches retention, engagement & workforce metrics.
Why it matters: In retention, engagement & workforce metrics, the scope can change what data may be used, who may access it and which controls are required.
Caution
Employment law and workplace practice vary by jurisdiction and agreement.
Sources & evidence · 3
Direct term-level sources and supporting source families.
- U.S. Bureau of Labor Statistics — BLS GlossaryDirect source · primary · checked 2026-08-16
- U.S. Bureau of Labor Statistics — Productivity programmeDirect source · primary · checked 2026-08-16
- OECD — G20/OECD Principles of Corporate Governance 2023Supporting source family · institutional · checked 2026-08-16