Offer Acceptance Rate
Offer acceptance rate is a recruitment metric that tracks the percentage of job offers that are accepted by candidates over a given period. It is calculated by dividing the number of accepted offers by the total number of offers extended and is used to evaluate the effectiveness of the hiring process.
A low offer acceptance rate can signal issues with compensation competitiveness, candidate experience, or how well expectations were set during the hiring process. Monitoring this metric helps organizations identify where candidates are dropping off and make targeted improvements.