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Recruiting KPIs are specific metrics that help you measure the effectiveness of your hiring process and your recruiting team. KPIs use data to provide insights into how close (or far) you are from reaching your recruiting goals and helps you make more strategic decisions about where to allocate your time and money.
While on the surface many KPIs just look like numbers, when analyzed in the context of your organization, you can better understand how you’re connecting with your target candidates and make the necessary adjustments to achieve your goals more efficiently.
Whenever you’re looking at your recruiting KPIs, make sure that you know what you’re comparing them to. You can have a look at recruiting benchmarks and/or compare your results with previous time periods, for example, month over month or year over year.