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Acceptance Rate Calculation

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edited Dec 14, 2010 11:57AM in Reporting and Analytics Taleo Enterprise 1 comment

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Hello

I would like to know how other companies are calculating Acceptance Rate.  This is the calculation we currently use:

=[# Offers Accepted]/([# Offers Accepted]+[# Offers Declined] + [# Offers Reneged] + [# Offers Rescinded])

Also, are you counting all offers created?

For example,

If a candidate applies to a requisition and is given an offer and refuses the offer, then another offer is presented to the same candidate and refuses the offer again and then a 3rd offer is presented to the same candidate and accepts the offer.  Do you count that has 3 separate offers in the Acceptance Rate calculation or do you only count the latest job offer to each candidate?

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