10 KPIs Every Employer Should Track with Their Indian Recruitment Agency

Introduction

When you partner with a Recruitment Agency in India, success shouldn’t be based only on how quickly a role is filled. Measuring the right Key Performance Indicators (KPIs) helps employers ensure they’re making data-driven hiring decisions. At PlacementIndia – India’s Top Job Board and Recruitment Platform, we help you connect with verified recruitment agencies who support your business goals with measurable outcomes.

Whether you're a startup or an established company, here are 10 KPIs you must track when working with your recruitment partner listed on PlacementIndia.

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1. Time to Fill

• Definition: The average number of days it takes to fill a job vacancy.

• Why it Matters: Long delays can result in productivity loss.

• Tip: Choose a Recruitment Agency in India that shows consistent performance in filling positions within your ideal timeframe.

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2. Cost per Hire

• Definition: Total recruitment expenses divided by the number of hires.

• Includes:

  • Advertising costs

  • Agency fees

  • Interview costs

• Why it Matters: Helps evaluate ROI and recruitment efficiency.

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3. Quality of Hire

• Definition: Measures the value a new hire adds to the company.

• Indicators:

  • Job performance ratings

  • Retention rate

  • Manager satisfaction

• Goal: Ensure the recruitment agency prioritizes quality over quantity.

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4. Source of Hire

• Definition: Tracks where your successful candidates come from.

• Insight: Helps optimize your recruitment strategy by focusing on high-performing sources.

• PlacementIndia Benefit: You can choose from various recruitment agencies based on industry, city, and job type.

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5. Candidate Satisfaction Rate

• Definition: Measures how satisfied candidates are with the hiring experience.

• Method: Post-interview or post-placement feedback surveys.

• Why it Matters: Enhances your employer brand and helps retain top talent.

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6. Offer Acceptance Rate

• Definition: Percentage of job offers accepted by candidates.

• Formula: (Offers Accepted / Total Offers Made) x 100

• Action: A low rate could mean salary, role, or agency communication issues.

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7. Retention Rate (After 6/12 Months)

• Definition: The percentage of hires who stay with the company beyond 6 or 12 months.

• Why it Matters: Reflects hiring quality and employee satisfaction.

• Recruitment Agency Insight: Choose agencies from PlacementIndia with proven long-term placements.

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8. Interview-to-Hire Ratio

• Definition: Number of interviews conducted per successful hire.

• Ideal Range: Lower ratio means better candidate screening by the recruitment agency.

• Tip: Agencies with better pre-screening save you time and effort.

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9. Recruitment Funnel Conversion Rates

• Stages:

  • Applicants

  • Screened

  • Interviewed

  • Offered

  • Hired

• Why it Matters: Identifies bottlenecks in your hiring process.

• PlacementIndia Feature: Monitor job posting performance and response rates for better control.

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10. Diversity Hiring Metrics

• Definition: Tracks representation of gender, age, ethnicity, or background.

• Why it Matters: Promotes inclusivity and meets DEI goals.

• PlacementIndia Tip: Many agencies specialize in diversity hiring – filter by specialization on our platform.

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Why PlacementIndia?

At PlacementIndia.com, we provide more than just a platform to post jobs. We offer:

• Free 30 Job Postings for employers.

• 10 Resume Downloads to review potential candidates.

• Access to a verified list of recruitment agencies in India.

• Easy communication with agencies via chat, email, or call.

• Categories based on industry, role, and location for targeted hiring.

Whether you’re hiring software engineers in Bangalore or sales executives in Delhi, PlacementIndia connects you with the right Recruitment Agency in India.

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Recruitment Agency Partners on PlacementIndia

Some trusted agencies you can connect with:

• Jiya Placement Services – Delhi

• ABP EMPOWER – Chandigarh

• IdealCrew Technology – Pune

• Meharson Management Consultants Pvt Ltd – Gurgaon

• Yashaswi Group – Mumbai

• Sarthee Consultancy – Ahmedabad

• Skywings Advisors Pvt. Ltd. – Noida

Use our search filters to find the most relevant recruitment consultants for your industry or region.

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Conclusion

Tracking KPIs with your recruitment agency is crucial for efficient, cost-effective, and high-quality hiring. These 10 KPIs act as a health check for your hiring strategy and help build a long-term, data-driven recruitment process.

With PlacementIndia – India’s Top Job Board and Recruitment Platform, you get access to reliable recruitment agencies in India who understand the importance of performance metrics. Start hiring smarter today by posting your job for free or exploring our extensive recruiter list.