Visual Insights: Talent Acquisition Benchmarks dashboard

Available for	User roles	Super Admin, Admin
	Packages	All packages

The Talent Acquisition Benchmarks dashboard provides you with insight into the efficacy of your hiring initiatives relative to recruitment industry standards. The Talent Acquisition Benchmarks dashboard is useful for identifying areas for improvement and achievements to maintain in your talent acquisition efforts, related to measurements such as time to hire and feedback completion speed. Readers of this article will learn about:

• Accessing the Talent Acquisition Benchmarks dashboard
• Metrics on the Talent Acquisition Benchmarks dashboard

• • • Average days to hire
    • Average days from posting to first hire
    • Average days from posting to last hire
    • Average days from first interview to hire
    • Average hours to complete feedback
    • Opportunities per hire
    • Interviewed opportunities per hire

As you are reading, refer to our LeverTRM Glossary for definitions of the key terms and concepts used in this article.

Accessing the Talent Acquisition Benchmarks dashboard

Before you can access the Talent Acquisition Benchmarks dashboard, you must have opted-in to sharing your recruitment data with Lever:

• Navigate to Visual Insights via the platform header

• Click the chevron (>) on the left side of the page
• Click Settings and Extras
• Flip the Benchmarks toggle to the 'On' position (the toggle will turn blue to indicate that it is active).

Note that all recruitment data shared with Lever for the purpose of establishing benchmarks is anonymized and aggregated. For more information on Lever's data handling policy, refer to the documentation in our Privacy Center. Once you have opted-in to data sharing, any user with Admin access or higher will be able to access the Talent Acquisition Benchmarks dashboard. To access the Talent Acquisition Benchmarks dashboard:

• Click the chevron (>) on the left side of the page
• Click Dashboards and select Talent Acquisition Benchmarks from the expanded menu

Metrics

Metrics on the Talent Acquisition Benchmarks dashboard are visualized in different types of charts. Below, you will find a description of each chart and how its metrics are calculated. Note that the data sets for the charts on this dashboard pull from the full history of LeverTRM environments (i.e. the date range is 'All-time') beginning 1 January 2018. Data associated with confidential job postings is excluded from the charts. You can export the data from any chart by hovering over the top-right corner, clicking the ⠇icon, and selecting Download data. 

Average days to hire

The charts in this section of the dashboard show you the overall speed at which candidates are hired from the point of opportunity creation.

KPI tiles

KPI tiles for days to hire

Average days to hire	The average number of days opportunities spend in the pipeline before being archived as 'Hired,' calculated as:   [Sum of days spent in pipeline by opportunities archived as 'Hired']     [Total # of opportunities archived as 'Hired']
Median days to hire	The median number of the set of total days each hired opportunity spent in the pipeline before being archived as 'Hired.'

Benchmark comparison: average and median days to hire

This chart allows you to see how your team's time to hire measures against recruitment industry standards on an annual basis.

Chart type	Line chart
Primary data set	Average and median days to hire for all opted-in LeverTRM environments
Secondary data set	Average and median days to hire for your LeverTRM environment
Primary grouping	Year
Secondary grouping	Average and median; your LeverTRM environment and all opted-in LeverTRM environments
Unit of measure	Number of days
Revealed on hover	Year and average/median number of days

 

Average days from posting to first hire

The charts in this section of the dashboard show give you insight into how quickly candidates are hired for a role from the point of posting publication.

KPI tiles

KPI tiles for average days from posting to first hire

Average days from posting to first hire	The average number of days between a posting being published and a candidate being hired for that role, calculated as:   [Sum of days between the publication of each posting and the first archiving of an opportunity as 'Hired' in association with those postings]     [Total # of published postings]
Median days from posting to first hire	The median number of the set of total days between each posting being published and the first archiving of an opportunity as 'Hired' in association with those postings.

 

Benchmark comparison: average and median days from posting to first hire

This chart allows you to see how your team's speed to first hire measures against recruitment industry standards on an annual basis.

Chart type	Line chart
Primary data set	Average and median days from posting publication to first hire for all opted-in LeverTRM environments
Secondary data set	Average and median days from posting publication to first hire for your LeverTRM environment
Primary grouping	Year
Secondary grouping	Average and median; your LeverTRM environment and all opted-in LeverTRM environments
Unit of measure	Number of days
Revealed on hover	Year and average/median number of days

 

Average days from posting to last hire

The charts in this section of the dashboard show give you insight into how quickly final candidates are hired for a role before postings are closed.

KPI tiles

KPI tiles for average days from posting to last hire

Average days from posting to last hire	The average number of days between a posting being published and a the final candidate being hired for that role, calculated as:   [Sum of days between the publication of each posting and the last archiving of an opportunity as 'Hired' in association with those postings before they closed]     [Total # of closed postings]
Median days from posting to last hire	The median number of the set of total days between each posting being published and the last archiving of an opportunity as 'Hired' in association with those postings before they closed.

 

Benchmark comparison: average and median days from posting to last hire

This chart allows you to see how your team's speed to hire candidates before postings close measures against recruitment industry standards on an annual basis.

Chart type	Line chart
Primary data set	Average and median days from posting publication to last hire for all opted-in LeverTRM environments Only closed postings are counted in this data set
Secondary data set	Average and median days from posting publication to last hire for your LeverTRM environment Only closed postings are counted in this data set
Primary grouping	Year
Secondary grouping	Average and median; your LeverTRM environment and all opted-in LeverTRM environments
Unit of measure	Number of days
Revealed on hover	Year and average/median number of days

 

Average days from first interview to hire

The charts in this section of the dashboard show give you insight into how quickly candidates are hired once they reach their first interview stage.

KPI tiles

KPI tiles for average days from first interview to hire

Average days from first interview to hire

The average number of days between opportunities entering the Interview section of the pipeline and the associated candidate being hired, calculated as:   [Sum of days between each hired opportunity's entry to the Interview section of the pipeline and the archiving of those opportunities as 'Hired']     [Total # of opportunities to enter the Interview section of the pipeline and be archived as 'Hired']

Median days from first interview to hire

The median number of the set of total days between each hired opportunity's entry to the Interview section of the pipeline and the archiving of those opportunities as 'Hired.'

 

Benchmark comparison: average and median days from first interview to hire

This chart allows you to see how your team's speed to hire candidates that reach their first interview stage measures against recruitment industry standards on an annual basis.

Chart type	Line chart
Primary data set	Average and median days from entry to Interview section of pipeline to hire for all opted-in LeverTRM environments
Secondary data set	Average and median days from entry to Interview section of pipeline to hire for your LeverTRM environment
Primary grouping	Year
Secondary grouping	Average and median; your LeverTRM environment and all opted-in LeverTRM environments
Unit of measure	Number of days
Revealed on hover	Year and average/median number of days

 

Average hours to complete feedback

The charts in this section of the dashboard give you insight into how quickly interviewers complete feedback.

KPI tiles

KPI tiles for average hours to complete feedback

Average hours to complete feedback	The average number of hours interviewers took to complete feedback, calculated as:   [Sum of hours between interview end and feedback completion for all interviews]     [Total # of past interview events]     Feedback that has yet to be submitted for performed interviews is excluded from this calculation.
Median hours to complete feedback	The median number of the set of total hours between the end of each interview and the completion of feedback for those interviews.

 

Benchmark comparison: average and median hours to complete feedback

This chart allows you to see how the pace of feedback completion among interviewers at your organization measures against recruitment industry standards on an annual basis.

Chart type	Line chart
Primary data set	Average and median hours to complete feedback for all opted-in LeverTRM environments
Secondary data set	Average and median hours to complete feedback for your LeverTRM environment
Primary grouping	Year
Secondary grouping	Average and median; your LeverTRM environment and all opted-in LeverTRM environment
Unit of measure	Number of hours
Revealed on hover	Year and average/median number of hours

 

Opportunities per hire

The charts in this section of the dashboard show you the volume of candidates required to make a single hire.

KPI tiles

KPI tile for opportunities per hire

Opportunities per hire

The average number of opportunities to enter the pipeline per single hire, calculated as:   [Total # of opportunities created]     [Total # of opportunities archived as 'Hired]

 

Benchmark comparison: opportunities per hire

This chart allows you to see how the average number of candidates your team needs to engage with in order to make a single hire measures against recruitment industry standards on an annual basis.

Chart type	Line chart
Primary data set	Average opportunities per hire for all opted-in LeverTRM environments
Secondary data set	Average opportunities per hire for your LeverTRM environment
Primary grouping	Year
Secondary grouping	Average; your LeverTRM environment and all opted-in LeverTRM environments
Unit of measure	Average number
Revealed on hover	Year and opportunities per hire

 

Interviewed opportunities per hire

The charts in this section of the dashboard show you the volume of candidates that must reach an interview stage in order to make a single hire.

KPI tiles

KPi tile for interviewed opportunities per hire

Interviewed opportunities per hire

The average number of opportunities to reach the Interview section of the pipeline per single hire, calculated as:   [Total # of opportunities to enter the Interview section of the pipeline]     [Total # of opportunities to enter the Interview section of the pipeline and be archived as 'Hired']

 

Benchmark comparison: interviewed opportunities per hire

This chart allows you to see how the average number of candidates that must reach an interview in order for your team to make a single hire measures against recruitment industry standards on an annual basis.

Chart type	Line chart
Primary data set	Average interviewed opportunities per hire for all opted-in LeverTRM environments
Secondary data set	Average interviewed opportunities per hire for your LeverTRM environment
Primary grouping	Year
Secondary grouping	Average; your LeverTRM environment and all opted-in LeverTRM environments
Unit of measure	Average number
Revealed on hover	Year and interviewed opportunities per hire