Cost of a new client by each channel.
Example of recruitment kpi. In the Harver platform for example such metrics can be easily visualized through a series of dashboards that can be customized for every client. Number of qualified leads. Tracking KPIs can help you get the insights you need into your recruitment process to start making better decisions.
Resources spent on one paying client. This KPI measures the time between when a candidate is contacted for a job opening or enters the recruiting funnel and when they accept a job offer. Measure the success of each marketing campaign.
In this article I wish to explore just one example of a fictitious recruiting firm how their KPIs are structured and the pressure that consultants are under to deliver. Can be just one retention rate or you can define success factors and. As followers of the TopGrading methodology their goal was to have as many A Players as possible on their team.
The Reach for Hire metric includes the total number of candidates placed within the corporate CV database or which can still be exposed to a recruiting message or campaign. These are usually combined with the social business followers and. Interview and hire a qualified candidate.
A common KPI here is first year to third year retention rates. Cost per lead by each channel. You can use quality of hire scores to calculate overall hire success ratio.
With this information you can optimise your processes and reduce for example costs associated with recruitment. Therefore the collection and evaluation of analytics and KPIs in recruiting are. This KPI measures the proportion of candidates that advance to the next stage of the process or are actually recruited.