Applicants Per Opening
Applicants per opening is a recruitment metric that measures the average number of candidates applying for each available role. It’s one of the more useful KPIs in hiring because it tells you something meaningful about both the health of your sourcing and the efficiency of your process.
Tracking it helps in a few concrete ways. A very low number might mean the role isn’t being advertised effectively or the requirements are too restrictive. A very high number might mean the job description is too broad, attracting candidates who aren’t actually qualified. Either way, the ratio gives recruiters a signal worth acting on.
It also helps with forecasting. If you know roughly how many applicants a typical opening generates, you can estimate how long filling a role will take and whether your current pipeline is on track to meet hiring targets.
The more useful version of this metric focuses on qualified applicants per opening rather than total applicants. Raw volume includes everyone who clicked apply. Qualified volume reflects the candidates actually worth reviewing, which is the number that matters for making good hiring decisions.