Sourcing Channel ROI Tracker
Track and compare the ROI of your sourcing channels. Identify which channels deliver the best hires at the lowest cost.
Track Your Channels
Cost Per Hire Comparison
Conversion Rates
How to Use This Tool
1Track each sourcing channel separately
Add all your sourcing channels (LinkedIn, job boards, agencies, referrals, etc.) and input the data for each.
2Include all costs
Factor in subscription fees, job post costs, agency fees, referral bonuses, and your time investment.
3Review metrics monthly
Update your data monthly to identify trends. Double down on high-ROI channels and optimize or eliminate poor performers.
Frequently Asked Questions
What's a good cost per hire?
Industry average is $4,000-$5,000, but it varies by role and seniority. Executive hires typically cost 20-30% of first-year salary.
Should I focus only on the cheapest channel?
No. Balance cost with quality, volume, and time-to-hire. A slightly more expensive channel that fills roles 2x faster may have better overall ROI.
How do I calculate my time investment cost?
Estimate hours spent on each channel (sourcing, messaging, screening) and multiply by your hourly rate. This reveals the true cost.
What if a channel has zero hires?
Cost per hire will show N/A. Focus on interview rate and cost per interview to evaluate early-stage performance before cutting the channel.
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