More about Interview-to-offer Ratio
How often to calculate: quarterly or annually.
Healthy rate: 42,1%.
Interview-to-offer ratio indicator reflects the number of interviews a recruiter has to conduct before making an offer. Thus, the ratio is defined as the number of job offers extended compared to the number of interviews conducted.
This concept is often confused with the average time per hire, but the difference lies in the omission of the rejected job offers. If your offer acceptance rate is high, these 2 KPIs are almost the same.