What is a Recruitment KPI?
A recruitment KPI (key performance indicator) is a specific, measurable metric that tracks the performance of the recruitment function against its goals. While recruitment metrics encompass all measurable data points, KPIs are the subset that an organisation has identified as most critical to success. Common recruitment KPIs include time-to-fill, quality of hire, cost-per-hire, offer acceptance rate, and source of hire. KPIs vary by organisation based on priorities and maturity.
Why it matters
KPIs create focus and accountability. Without defined KPIs, recruitment teams can be busy without being effective. KPIs connect daily recruiting activity to business outcomes: a time-to-fill KPI directly impacts business productivity, a quality-of-hire KPI impacts team performance, and a cost-per-hire KPI impacts the bottom line. Regular KPI tracking and review drives continuous improvement and helps recruitment leaders make the case for resources.
How Teamtailor helps
Teamtailor's reporting dashboard lets you define, track, and visualise your recruitment KPIs in real time. Set goals, monitor trends, and share performance data with stakeholders, all without manual report building.
