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Your organization could have the best recruiting strategy that outperforms all of your competitors. However, without measuring and monitoring your recruiting initiatives and regularly identifying and rectifying problems, your strategy becomes irrelevant. The right recruitment KPIs are an invaluable tool during the hiring process and beyond and help you consistently streamline and improve your approach. So, how do you know which key performance indicators should you be tracking in your business? In this guide, we’ll be explaining what recruitment KPIs are, the most important recruiting KPIs to measure, and how to select the right KPIs for your organization. ContentsWhat are recruitment KPIs?Common recruitment KPIs1. Cost per hire2. Source quality3. Number of qualified candidates4. Quality of hire5. Time to hire6. Offer acceptance rate7. Candidate net promoter score (NPS)8. First-year turnover rate9. Adverse impactHow to set your recruitment KPIs What are recruitment KPIs? KPIs (key performance indicators) are strategic metrics tied to an organization’s short and long-term goals. They help employees, managers, and business leaders understand where they currently are, what needs improving, and the exact steps to take to reach those goals. Organizations use recruitment KPIs to specifically measure activities and results within the recruitment process. They are often presented as
