According to iCIMS (provider of talent acquisition software), recruitment metrics are a measurement of the effectiveness of your recruiting process. Organizations can use these data to benchmark how their recruitment process stacks up against industry averages and to make improvements for correcting any inefficiencies. Some examples of recruiting metrics include:

• Candidate experience

• Cost of hire

• Sourcing channel

• Retention rate

Recruitment analytics is the practice of using data-driven insights to optimize hiring practices and strategies. It involves gathering, analyzing and interpreting recruiting data to identify trends, flag gaps and improve the company’s overall hiring performance.