
D · Faster, fairer hiring
Recruiting Metrics Every Talent Team Should Track in 2026
Eight numbers worth reporting in 2026, each with a published benchmark behind it: time-to-fill, cost-per-hire, offer acceptance rate and quality of hire.
- Eight numbers earn their place on a talent dashboard in 2026: time-to-fill, time-to-hire, offer acceptance rate, cost-per-hire, quality of hire, early attrition, requisitions per recruiter and internal fill rate. Six of them have a published benchmark you can hold yourself against. The two that do not, time-to-hire and quality of hire, have to be defined locally, which is why they are the two that go unreported.
The panel, with the published figures
- These benchmarks come from SHRM's Talent Access benchmarking report, whose data was collected between April and November 2021, and from the CIPD's 2024 resourcing and talent planning survey of 1,016 UK organisations.
| Metric | How it is counted | Published benchmark |
|---|---|---|
| Time-to-fill | Requisition opened to offer accepted, calendar days | 44-day median, 54-day average (nonexecutive); 60 and 62 (executive) |
| Time-to-hire | Candidate enters the process to offer accepted | No published benchmark; define it locally |
| Offer acceptance rate | Acceptances divided by offers extended | 100% median, 90% average (nonexecutive) |
| Cost-per-hire | Agency, advertising, referral, travel, relocation and recruiter costs divided by hires | $1,244 median, $4,683 average |
| Quality of hire | The value a new hire delivers | 27% of organisations measure it at all |
| Early attrition | Leavers inside the first weeks of employment | 41% of employers saw new recruits resign within 12 weeks |
| Requisitions per recruiter | Open requisitions a year per dedicated recruiter | 20 median, 67 average |
| Internal fill rate | Open roles filled by existing employees | 8% median, 16% average (nonexecutive) |
The four operating metrics
- Time-to-fill and time-to-hire measure different things and get confused constantly. One starts at the requisition and carries your approval queue; the other starts when a candidate enters and measures your assessment loop. [Time-to-hire versus time-to-fill](/spaces/time-to-hire-vs-time-to-fill) sets out which to report to whom, and [how to reduce time-to-hire](/spaces/how-to-reduce-time-to-hire) works through the stage data underneath both.
- Offer acceptance rate is the cheapest early warning you have. SHRM defines it as the ratio of acceptances to offers extended, and reports a 100% median for nonexecutive roles, meaning most organisations lost nothing at the final step. An average of 90% against that median says the losses are concentrated in a minority of employers. When your acceptance rate drops while your time-to-hire falls, the speed is coming out of the candidate's decision rather than out of your process.
- Cost-per-hire needs the median and the definition together. SHRM's $4,683 average sits nearly four times above its $1,244 median, because agency fees on a few searches dominate the mean. Its definition includes agency and advertising fees, job fair and job board costs, referral payments, applicant and staff travel, relocation, recruiter pay and benefits, and the cost of the hiring system itself. Most teams quoting a low cost-per-hire have quietly left recruiter salary out.
The two outcome metrics
- Only 27% of the organisations in SHRM's sample measure quality of hire at all. Every other number on this dashboard describes how the machine ran; that one describes whether it produced anything worth having. [How to measure quality of hire](/spaces/how-to-measure-quality-of-hire) covers the practical version.
- Early attrition is the version of that signal you can collect this quarter. In the CIPD survey, 41% of employers that had selected candidates in the previous 12 months said new recruits always, mostly or sometimes resigned within the first 12 weeks, and 27% said selected candidates sometimes failed to turn up on day one. Count leavers at 90 days against starts at 90 days and you have a number that moves with your selection quality.
- The CIPD data also shows how rare this discipline still is. Among UK employers, 31% collect data on the performance of new hires, 24% on the return from their recruitment processes, and 12% on the predictive validity of their assessment methods, each up from 2022 and each leaving most of the market measuring nothing.
The two capacity metrics
- Requisitions per recruiter tells you whether the rest of the dashboard is even achievable. SHRM's figure for organisations with dedicated recruiters runs from a 25th percentile of 6 to a 75th percentile of 50, with a median of 20 and an average of 67. Only 58% of organisations have a dedicated recruiter on payroll, so for many teams the denominator is an HR generalist doing this alongside everything else.
- Internal fill rate is the one most dashboards omit. SHRM reports a median of 8% and an average of 16% of nonexecutive positions filled internally, rising to a 23% average for executive roles. A low internal rate next to a high cost-per-hire usually means you are paying agency fees for capability you already employ.
Set the market denominator once a quarter
- None of these numbers means much without the market behind it. US Bureau of Labor Statistics data for July 2026, released on 1 September 2026, put job openings at 7.3 million (a 4.4% rate), hires at 5.1 million (3.2%) and quits at 3.1 million (1.9%). A time-to-fill that lengthens while the openings rate climbs is a market story. A time-to-fill that lengthens while the openings rate is flat is a process story, and only the second one is yours to fix.
Wire the dashboard to the interview
- Every outcome metric here depends on interview data you can compare between candidates. If your interviewers write paragraphs instead of scores, quality of hire cannot be computed and the 51% of measuring organisations that look at the relationship between interview scores and later performance have nothing to join. [Interview scorecards your hiring managers will actually use](/spaces/interview-scorecards-that-get-used) is the piece that makes the rest of the panel possible.
- 27% of the organisations in SHRM's benchmarking sample measure quality of hire. The other 73% are running a hiring function on speed and cost alone.
Frequently asked questions
- What are the most important recruiting metrics to track?
- Time-to-fill, time-to-hire, offer acceptance rate, cost-per-hire, quality of hire, early attrition, requisitions per recruiter and internal fill rate. The first four describe how the machine runs, the next two describe whether it produced good hires, and the last two describe capacity.
- What is a good offer acceptance rate?
- SHRM's benchmarking report puts the nonexecutive acceptance rate at a 100% median and a 90% average, with executives at a 91% average. A median of 100% means most organisations had every offer accepted in the period, so anything materially below 90% is worth investigating.
- What is the average cost-per-hire?
- SHRM reports a $1,244 median and a $4,683 average across 472 organisations, with executive hires at an $8,750 median and a $28,329 average. The average sits well above the median, so report the median unless you want a handful of expensive searches to set your baseline.
- How many requisitions should one recruiter carry?
- SHRM's figure for organisations with dedicated recruiters is a median of 20 requisitions per recruiter a year, with a 25th percentile of 6 and a 75th percentile of 50. The average of 67 reflects a small number of very high loads, so compare yourself to the median.
- Which recruiting metrics should I stop reporting?
- Applicant volume on its own. The CIPD's 2024 survey found employers more likely to report a rise in unsuitable applicants (52%) than suitable ones (34%), so a bigger number at the top of the funnel can mean a longer screen and nothing else.
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