Like any activity, metrics help measure success in talent acquisition. In this presentation, we will present and explore some of the more commonly recognized metrics for talent acquisition, and associated benchmarks (e.g., recruitment, selection, and quality of hire) with a focus on cost-per-hire.
Recruitment
Cost-per-hire
Executive cost-per-hire
Recruitment-expenses-to-HR expenses ratio
Requisitions per recruiter (or HR FTE)
Requisitions per recruiter (organizations with dedicated recruiters)
Requisitions per recruiter (organizations without dedicated recruiters)
Selection
Acceptance rate
Positions externally filled
Positions internally filled
Time to fill
Open to approval
Approval to job posting
Job posting to start screening
Screen applicants
Conduct interviews
Make final decision
Offer to acceptance
Quality of Hire
Separation 0-3 months
Separation 0-6 months
Separation 0-12 months
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Talent Acquisition (Cost Per Hire)
1. Talent Management Performance Excellence -
Talent Acquisition Metrics
A Hybrid Approach Leveraging Employer-of-Choice
and Provider-of-Choice Best Practices Focusing on Cost-per-Hire
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Talent Management
2. 2
Executive Summary
Like any activity, metrics help measure success in talent acquisition. In this presentation, we will present and explore some of
the more commonly recognized metrics for talent acquisition, and associated benchmarks (e.g., recruitment, selection, and quality of
hire) with a focus on cost-per-hire.
Recruitment
• Cost-per-hire
• Executive cost-per-hire
• Recruitment-expenses-to-HR expenses ratio
• Requisitions per recruiter (or HR FTE)
• Requisitions per recruiter (organizations with dedicated recruiters)
• Requisitions per recruiter (organizations without dedicated recruiters)
Selection
• Acceptance rate
• Positions externally filled
• Positions internally filled
• Time to fill
• Open to approval
• Approval to job posting
• Job posting to start screening
• Screen applicants
• Conduct interviews
• Make final decision
• Offer to acceptance
Quality of Hire
• Separation 0-3 months
• Separation 0-6 months
• Separation 0-12 months
Talent Acquisition Metrics