Top 10 KPIs in the recruitment industry
Based on data and experience across hundreds of recruitment agencies, here are the 10 KPIs that consistently have the biggest impact on agency performance.
1. CVs Sent
Definition: The number of candidate CVs submitted to clients for live vacancies.
Why track it: CVs sent is one of the earliest indicators of a healthy pipeline. It shows a candidate’s been sourced, a vacancy’s being worked, and the recruiter’s made a match. Low CV volume is usually one of the first warning signs of a slowing pipeline.
Industry benchmark: A commonly used target among agencies is around 8–12 CVs sent per recruiter per week, though this varies significantly by sector and role seniority.
2. Interviews Booked
Definition: The number of candidate interviews arranged with clients off the back of CVs sent.
Why track it: Interviews booked shows genuine client engagement. It's a clear sign a recruiter's work is likely to be successful, and is a strong leading indicator of placements.
Industry benchmark: Agencies commonly target 2–4 interviews booked per recruiter per week, with a CV-to-interview conversion rate often used as a secondary health check on candidate quality.
3. Revenue
Definition: The total fee income generated by a recruiter, team, or desk over a given period.
Why track it: Revenue is ultimately what keeps the business running, and it accounts for the fact that not all placements are equal. Two recruiters might both make five placements in a month, but if one is working higher-value roles, their revenue contribution will look very different.
Industry benchmark: Target revenue varies hugely by sector and desk maturity, but most agencies set individual monthly or quarterly revenue targets aligned with the business's overall growth goals.
4. Calls
Definition: The number of outbound calls made by a recruiter in a given period.
Why track it: Calls keep the top of the pipeline full. Without consistent outreach, CVs sent and interviews booked will eventually dry up. Tracking call volumes (crucially while also maintaining quality measures like time, quality of call, or connect rate) helps managers spot activity dips before they show up further down the funnel.
Industry benchmark: Many agencies target 40–60+ outbound touchpoints per recruiter per day, though this depends heavily on desk type and whether the role is candidate-led or client-led.
5. Placements / Deals Closed
Definition: The number of candidates successfully placed into roles, resulting in a completed deal.
Why track it: While revenue captures value, placements capture volume, which is useful for understanding consistency and comparing recruiters on a like-for-like basis, particularly within the same desk or sector. It also tends to correlate closely with client satisfaction.
Industry benchmark: Benchmarks vary widely by sector and seniority of roles worked. High-volume desks may target multiple placements per month, while executive search recruiters might target only a handful per year.