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Once Peter Drucker rightly said: “What gets measured gets managed." The same is
applicable for any of the HR Process measurement and Process assessment. It tells how effective,
efficient and impactful your HR Process is!
The main motive behind this blog is to enlist Key Performance Indicators (KPI) focused on
Recruiting part. Also, I would like to invite HR Experts, SCN community members (especially
SuccessFactors Recruiting Management, Recruiting Marketing, Recruiting Posting, Analytics people)
to suggest if they have come across any other KPIs. I'll add those KPIs in this blog in next version
with due credits to the contributors! Also, this blog is an open discussion forum for
all SAP SuccessFactors Recruiting admins, consultants, experts (RCM, RMK, RPO) to discuss how
they can achieve below KPIs in Recruiting dashboards if it is a standard feature or any custom
development required?
Here we go with the much awaited KPIs for Recruitment :
1.Percentage of new hires achieving 6 months/ 12 months service
2.Percentage of new hires achieving satisfactory appraisal at first assessment
3.Percentage of actual vs target new employee compensation
4.Percentage of competent applicants for open job positions
5.Percentage of job positions filled with external agency
6.Percentage of job vacancies
7.Percentage of new employees/candidates with a recruiting fee
8.Percentage of open job positions that require temporary staff
9.Percentage of recommended job applicants
10.Percentage of screened newly recruited employees
11.Percentage of vacancies filled internally
12.Percentage of vacancies filled that followed internal procedures
13.Average cost of recruitment (management)
14.Average cost of recruitment (non-management)
15.Average cost of recruitment per employee
16.Average cost to recruit per job position
17.Average feedback time on candidates
18.Average interviewing costs
19.Average number of interviewees for open job positions
20.Average number of responses for open job positions
21.Average open time of job positions
22.Average sourcing cost per hire
23.Average time to recruit
24.Cycle time from job acceptance until job start
25.Head-to-Head Hire Rate
26.Job offer acceptance rate
27.Local Schools hire Percentage
28.Offer conversion rate
29. Recruiting fee as Percentage of annual salary
30. Recruiting pool
31.Recruitment source ratio
32.Recruitment through advertisement factor
33.Top Schools hire Percentage
Looking forward to your comments, discussions, suggestions!
If you are new to Recruitment tech products, watch this space for our amazing product from SAP
SuccessFactors to attract, hire and select the best candidate for your organizations!
Regards,
Niladri
