Recruitment metrics are key performance indicators (KPIs) that help organizations measure and assess the effectiveness and efficiency of their recruitment process. Tracking these metrics can provide valuable insights into the quality of hires, the cost of recruitment, and the overall health of the talent acquisition function. Here are some common recruitment metrics: Time-to-Fill: The time it takes to fill a job vacancy, from the posting of the job to the acceptance of an offer. This metric measures how quickly positions are filled and can help identify bottlenecks in the recruitment process. Cost-per-Hire: The total cost of recruitment divided by the number of hires. This metric helps in evaluating the financial efficiency of your recruitment efforts. Quality-of-Hire: Assessing the performance and contributions of new hires over time. Quality-of-hire can be measured through performance evaluations, retention rates, and other relevant indicators. Source of Hire: Tracking where successful hires come from, whether it's job boards, employee referrals, social media, or other sources. This data helps in optimizing recruitment channels. Candidate Satisfaction: Gathering feedback from candidates about their experience during the recruitment process. High satisfaction rates can positively impact your employer brand. Offer Acceptance Rate: The percentage of job offers extended that are accepted by candidates. A low acceptance rate may indicate issues with job offers or compensation. Applicant-to-Interview Ratio: The number of applicants who make it to the interview stage. This can reveal the effectiveness of initial screening processes. Interview-to-Offer Ratio: The number of interviews conducted compared to the number of job offers made. A high ratio could indicate a lengthy or inefficient interview process. Hiring Manager Satisfaction: Gathering feedback from hiring managers about their satisfaction with the candidates presented and the overall recruitment process. Retention Rate: Measuring how long new hires stay with the company. A high turnover rate shortly after hiring may indicate a problem with the recruitment process or job fit. #tcm #cadfin #recruitment #hiring #job https://www.tcmservicemart.com https://g.co/kgs/EWruJK