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KPI Calculator

Recruiting Conversion Rate

To calculate the recruiting conversion rate, divide the number of newly hired employees by the total number of open vacancies and multiply this by 100%.
Recruiting Conversion Rate formula
result =

More about Recruiting Conversion Rate

How often to calculate: monthly or quarterly.

Healthy rate: above 75%.

Recruiting conversion rate means the share of successful candidates employed among all the vacancies opened during a specific period. This KPI for HR department is a perfect way to determine whether the recruitment team copes with its duties. If recruiters cannot fill the majority of the vacancies with qualified candidates, the chosen recruitment strategies are failing, and a company doesn’t get a return on investment.