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Key Recruitment Metrics

Track the right data to improve your hiring decisions

12 min read

Why Metrics Matter

You can't improve what you don't measure. Tracking the right recruitment metrics helps you identify bottlenecks, optimize spending, and prove ROI to leadership.

Time-to-Hire

Measure days from job posting to accepted offer. Industry average is 36 days.

  • Track by role type to identify slow areas
  • Compare against competitors in your industry
  • Break down by hiring stage to find delays

Cost-per-Hire

Total recruiting costs divided by number of hires. Average is $4,700 per hire.

  • Include internal costs (recruiter time, tools)
  • Track external costs (job boards, agencies)
  • Calculate by seniority level for accuracy

Quality of Hire

Measure performance, retention, and cultural fit of new hires after 6-12 months.

  • Use performance review scores
  • Track 90-day and 1-year retention rates
  • Survey hiring managers on new hire success

Source Effectiveness

Track which channels deliver the best candidates at the lowest cost.

  • Measure applications, interviews, and hires per source
  • Calculate cost per quality hire by channel
  • Double down on top-performing sources

Candidate Experience Score

Survey candidates on their hiring experience, regardless of outcome.

  • Send surveys immediately after process ends
  • Track NPS or satisfaction scores
  • Act on negative feedback to improve

Ready to Track What Matters?

Talecto provides real-time dashboards with all key recruitment metrics, helping you make data-driven hiring decisions.

Further Reading: Greenhouse Alternative for Small Businesses - Compare analytics features

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Key Recruitment Metrics | Talecto Guide | Talecto