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Recruitment Strategy10 min read
Recruitment KPIs Every HR Team Should Track
Time-to-hire, cost-per-hire, source effectiveness — learn the metrics that matter and how to improve them.
Data-driven recruiting starts with tracking the right KPIs. Here are the metrics every HR team should monitor and how to improve them.
Essential Recruitment KPIs
Time-to-Hire The average number of days from job posting to offer acceptance. Industry average is 36-42 days. Top performers achieve under 30 days.
Cost-per-Hire Total recruitment spend divided by number of hires. Includes job board fees, agency costs, tools, and recruiter time.
Source Effectiveness Which channels — job boards, referrals, social media, career page — deliver the highest quality candidates and hires.
Offer Acceptance Rate Percentage of offers accepted. A low rate may indicate compensation, culture, or process issues.
Quality of Hire Measured through performance reviews, retention rates, and hiring manager satisfaction scores.
How to Track These Metrics
Your ATS should provide built-in analytics dashboards. Casper ATS includes reports for time-to-hire, source effectiveness, pipeline conversion rates, and recruiter performance — all updated in real time.
Improving Your Numbers
- Use AI matching to screen faster
- Automate interview scheduling
- Build talent pools for recurring roles
- Optimize job descriptions based on data
- Streamline approval workflows