Published September 2021 and kept as a record. The figures and the law have moved on since it was written. For the current position see STAR, certification for in-house recruiters. Note added 21 October 2026.
(Author: Sohaa Muhammad, BIOR).
Keep an eye on these key metrics to know how efficient your recruitment processes are! Recruitment KPIs provide insight into the success of your hiring. They help you measure performance and adjust your process accordingly. By focusing on these key metrics, you’ll be able to make lasting changes that will improve your talent acquisition procedures.
KPIS:
- Time to hire is a key performance indicator that can help businesses identify inefficiencies in the recruitment process. As it takes time for candidates to be approved, candidates need to be interviewed, and more importantly, businesses need to get applicants through the interview process, a slow time-to-hire can reveal existing hurdles as well as problems stemming from outdated recruitment tools.
- The cost of acquiring each new hire is one of the most important metrics for small-business owners. Tracking your recruitment success can help you gauge whether you're getting value from your business' investment in human resources or risking a bottom-line downturn.
- The rate of offer acceptance- high response rates show that your job posts are relevant to the candidates you are targeting and that you're reaching the right people. If response rates are too low, consider a different strategy or adding additional information to your job post.
By tracking and reviewing the data generated by your recruitment efforts, you can make information-driven decisions that support your business' growth. The KPIs in this article will help you create hiring practices that are more efficient and lead to a higher return on investments.