The Key Recruitment Metrics in Hiring

Know your Hiring Metrics to Improve Recruitment Outcomes 

Time is of the essence in hiring. The cost of not hiring on time includes lost productivity, missed revenue and potential overload on other members of your team. Delays in hiring also negatively impact company culture and increase turnover, affecting overall business performance. 

As with all things in business, knowledge is power. When you know your recruitment metrics you can improve your performance and ensure you are attracting and hiring the best people for your business.  

Key Recruitment Metrics 

• Time-to-Hire: The time from when a job is posted to when a candidate accepts the offer.  

• Cost-per-Hire: Total cost associated with hiring a candidate, including advertising, recruitment fees, and onboarding expenses. 

• Offer Acceptance Rate: The percentage of candidates who accept the job offer, indicating the competitiveness of your offer and company attractiveness. 

• Successful Hire: Only when candidates successfully pass their probation do we classify them as successful 

Top tips to Improve for Hiring Metrics 

• Streamline by automating resume screening and reduce unnecessary interview steps. This reduces delays and prevents losing candidates to other offers 

• Ensure that all candidates receive feedback from you on their status. No-one likes to be ghosted.  

• Bland job ads don’t get attention. Create ads that capture the candidate’s attention. Be bold, be funny! Dare to be different.  

• Test the candidate to ensure they have the skills you need during the interview process.  

Every organisation should regularly analyse their hiring data to identify patterns and potential bottlenecks in the process  

If you would like assistance with your recruitment process, or require any support, please contact us at 1300 474 672 or book a meeting using the link below.