Achieving HR Excellence through Six Sigma

Applied Six Sigma and Human Capital Management  ◾  85

hiring approximately 200 people per year. If each new employee hired is

contributing $9090.90 more each year, the opportunity cost of improving

the recruiting cycle time process is $1,818,181.81 per year. Dramatic and

significant.

Ceridian’s estimated opportunity costs from improvements made to

its recruiting cycle time process are more dramatic ($28 million) for four

reasons.

Ceridian has approximately 8 times the number of employees as a 1,000

employee company.

Ceridian’s recruiting cycle time improvements were more dramatic:

37days instead of 20

The figure used for Ceridian’s gross revenue was ...