I’m looking at recruitment for a new book. 19 recruiting metrics you should know about lists these metrics
- time to fill
- time to hire
- source of hire
- first-year attrition
- quality of hire
- hiring manager satisfaction
- applicants per opening
- selection ratio
- cost per hire
- candidate experience
- offer acceptance rate
- percentage of open positions
- application completion rate
- recruitment funnel effectiveness
- sourcing channel effectiveness
- sourcing channel cost
- cost of getting to optimum productivity level (OPL)
- time to getting to OPL
Here’s a “boring” process which works for recruiting.