
A No-BS Look at Internal and External Metrics
May 25, 2021 · ERE Digital ·
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About this video
Recruiting metrics get thrown around constantly, but most of them are misunderstood, poorly defined, or borrowed from benchmarks that have nothing to do with your business. A breakdown of three problem areas shows why so many organizations end up fighting the wrong numbers, and what to do instead.
The first problem is benchmarking itself. An industry average smooths out wildly different situations into one meaningless number, and definitions vary so much between companies that comparisons fall apart. Time to fill alone can mean requisition-to-offer, requisition-to-start, or something else entirely, and factors like public versus private sector, role difficulty, location, and seasonality all change what a reasonable target looks like. Rather than chasing outside benchmarks, the fix is to set targets internally: decide which two or three KPIs actually matter to the business, define them on your own terms, and pick a target based on the real requirements of the role, not a hiring manager's gut feeling.
The second problem is data quality. Dashboards look polished but often rest on shaky foundations: cost per hire is usually a best guess built from rough time studies, recruitment funnel stages get updated weekly at best rather than in real time, and application sources are frequently self-reported and inaccurate. Fixing this starts with knowing exactly what an ATS can and cannot report, deciding who actually needs to see the data, checking whether a dashboard passes a quick three-second readability test, and recognizing when manual tracking is worth the extra effort, particularly for high-stakes steps like requisition approvals that tend to get stuck.
The third problem is external noise. Thought leaders, trend pieces, and secondhand opinions constantly compete with what is actually happening inside a specific recruiting function. Countering that means:
- Controlling the narrative around recruiting data rather than letting others interpret it first
- Knowing exactly who is looking at a dashboard and whether they understand what it shows
- Proactively informing stakeholders about what the numbers mean instead of waiting to be misread
- Building direct relationships with business leaders instead of relying on a middleman to relay results
The overall guidance is straightforward: stop measuring against everyone else's version of best practice, get control of the data source, and own the story of what recruiting metrics really say about a specific organization.
