• Candidate Acquisition:
  • Source ROI: Analyze which channels deliver the most qualified candidates per cost (cost-per-hire).
  • Application Funnel Analysis: Track application completion rates to identify if the process is too complex and deterring applicants.
• Candidate Selection:
  • Interview Success Rate: Monitor the interview-to-hire ratio to assess your interview strategy's effectiveness.
  • Offer Acceptance Rate: Measure your ability to attract and convert top talent with competitive offers.
• Time to Hire: Track the overall time it takes to fill open positions, identifying bottlenecks for improvement.
  • Time in Each Stage: Analyze the time spent in each step of the funnel to pinpoint areas for streamlining.
• New Hire Performance:
  • Hiring Effectiveness: Evaluate how well new hires are performing compared to expectations.
  • Retention Rate: Track how long new hires stay with the company to assess the quality of your recruitment process.