10 Analytics Every Recruiter Should Follow
Numbers always facilitate an organization to plan the efficiency of any activity. The same applies for hiring method as well. Using elaborated analytics reports bring out
important insights to enhance the effectiveness of the hiring process.
Here are 10 analytics every recruiter should follow in their hiring process.
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1 Open vs Planned Vacancies
Time for Hiring
Plan in advance for
Keep a note of
1. Urgent positions to open
1. Date of opening the position
2. Openings to come in future
2. Date of closing the position
3. Timeline of hiring process
3. Comparison with given timeline
4. Allocation of budget and resources accordingly
4. Better resources to source the profiles and avoid exceeding timeline
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3 Channel Sourcing
Referral Rate
Effectiveness of the channels for
Keep an eye on
1. No. of profiles received 2. Relevancy of the profiles
1. No. of Referrals joined / No. of Candidates referred
3. Cost per closure
2. Down sliding referral rate.
4. Allocation of resources and budget accordingly
3. The need to bring modifications in referral incentive policy to motivate current employees
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5 Rejection Rate
Offer Acceptance Rate
Keep a note of
Keep a track of
1. No. of Candidates selected / No. of Candidates appeared
1. No. of offers accepted / No. of offers released
2. Upward moving rejection rate.
2. Slow down in the rate
3. Feedback from project team to understand misfit candidates, non-relevant profiles etc.
3. Feedback from candidates to understand mismatch in expectations, better salary by competitor etc.
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7 Mixed Gender Ratio
Applicant Tracking Reports
Metric to bring balance in
Bring Automation into
1. All level positions
1. Parsing the resumes
2. All verticals and teams
2. Flow of interview stages
3. Ideas and thoughts
3. Joined or rejected
4. Equality to both gender
4. Exact timeline of each applicant
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Recruitment Performance Report
Cost of Hire
Daily, Weekly & Monthly reports of
The Cost Parameters include
1. Profiles Sourced for hiring
1. Offline Advertising
2. Interview Scheduled
2. Online Advertising
3. Closures made
3. Job Sites
4. Time taken to hire
4. Recruitment agency fees
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