Candidates Per Hire

Meaning & Definition

The candidate-to-hire ratio is a recruitment metric that measures how many candidates were interviewed or screened for each candidate who was hired. The candidate-to-hire ratio is calculated by dividing the number of candidates that have been screened, interviewed, or assessed by the number of candidates that have been hired during a specific time frame; therefore, this ratio provides insight into how efficient and selective the hiring process is.

Importance of Candidates Per Hire

• Recruitment efficiency and funnel quality can be evaluated with the assistance of this tool.
• It also provides insight into the effectiveness of your targeted job postings and sourcing channels.
• This tool can assist with optimising your screening and interviewing process.
• Assist in creating a workforce plan and hiring strategy.
• Identifying possible issues in your recruitment process.

Legal Compliance

• Tracked through the use of internal recruitment analytics and reports. 
• Consistent definitions for “candidate” and “hire” throughout all reports. 
• Data Accuracy is contingent upon the appropriate use of both the ATS and HRMS systems. 
• This term does not correlate directly with any specific government compliance requirements.