← HR Metrics·Talent Acquisition
Referral Hire Rate
Percentage of hires from employee referrals
How it’s computed
COUNT(referral_hires) / COUNT(total_hires)
What the evidence shows
Evidence (effect sizes, priors, validity) is syncing from Principia.
Run it on your data
This metric is computed in the People Analytics Toolbox on your own numbers. See pricing — posted, no quotes.
sources: toolbox:metrics-catalog
What the literature says
The measurement literature behind this signal — sourced, so you can defend it.
“Companies are turning to more creative and progressive recruiting and retention strategies to appeal to job candidates and create differentiation from their competitors. A critical aspect of recruitment is to have “curb appeal” for the specific demographics of potential incoming…”
— Worldatwork Handbook Compensationmatch 59%
“Percentage of open positions analytics: The formula for percentage of open positions is, Percentage of open positions = Total number of open positions / Total number of open positions in the company A high percentage of open positions can indicate jobs that have high attrition.…”
— People Analytics Text Mining with Rmatch 58%
“Percentage of open positions analytics: The formula for percentage of open positions is, Percentage of open positions = Total number of open positions / Total number of open positions in the company A high percentage of open positions can indicate jobs that have high attrition.…”
— Predictive HR Analyticsmatch 58%
Resources: Worldatwork Handbook Compensation · People Analytics Text Mining with R · Predictive HR Analytics