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Recruiting Metrics
In every company, the recruiting process generates data. This data, in the form of recruiting metrics or Key Performance Indicators (KPIs), indicate how effectively and efficiently your organization is hiring. Through tracking metrics, one can get tangible evidence of how successful the recruiting process is, rather than relying on intuition.
Some common Recruiting Metrics
Each company has different needs so it makes sense for each to track different metrics. Following are some useful metrics:
- Cost per Hire
- Time to Hire
- Time to Fill
- Hiring Velocity
- Qualified Candidates per Hire
- Candidate experience
- Offer acceptance rate
- Quality of Hire
- Source of Hire
- Hires to Goals
