Talent Acquisition Metrics Cheat Sheet

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Happy to introduce our comprehensive Talent Acquisition Metrics Cheat Sheet! Designed with the busy HR professional in mind, this resource offers essential metrics every Talent Acquisition Lead should know.

What's Included?

Metric β†’ Definition β†’ Importance β†’ Formula

Example:

Group 1: Sourcing Metrics

  1. Sourcing Channel Effectiveness

  2. Source of Hire

  3. Application Completion Rate

Group 2: Application & Interview Metrics

  1. Application to Interview Ratio

  2. Candidate Drop-off Rate

  3. Interview No-show Rate

  4. Candidate Waiting Time (CWT)

  5. Time in Stage

Group 3: Hiring Process Efficiency Metrics

  1. On-time Hiring Rate

  2. Time to Hire

  3. Time to Fill

  4. Pass Through Rates

  5. Cost of an Empty Seat

Group 4: Financial Metrics

  1. Hiring Budget Variance

  2. Cost per Hire

Group 5: Quality and Retention Metrics

  1. Quality of Hire

  2. Retention Rate

  3. Rate of Attrition

  4. Time to Productivity

  5. Diversity Hiring Metrics

  6. Candidate Net Promoter Score (NPS)

  7. Hiring Manager Net Promoter Score (HM NPS)

  8. Offer Acceptance Rate