Recruiting Metrics | Meaning and Definition

What are Recruiting Metrics?

Recruiting metrics are responsible for producing the data in an organization. A company’s hiring quality and productivity are measured through the data produced by the recruiting metrics called Key Performance Indicators. With the help of the metrics, the tactics and hiring process can be determined effectively. 

Some important metrics required and formed by the companies are:

 

  •     Time to hire
  •     Time to fill
  •     Cost per hire
  •     Hires to Goals
  •     Experience of the candidates
  •     Hiring Velocity
  •     Source of Hire
  •     Qualified Candidates per hire
  •     Hiring quality
  •     Offer Acceptance Rate