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Understanding Key Metrics

This reference explains every metric shown in Wonderkind NEXT reports and what each means for your recruitment advertising performance.

Delivery metrics

Metric

Formula

What it tells you

Impressions

Raw count

How many times your ad was shown. A measure of reach.

Reach

Unique users shown the ad

Impressions ÷ Reach = frequency (how often each person saw your ad)

Frequency

Impressions ÷ Reach

High frequency (>3×) can cause ad fatigue, rotate creatives

Clicks

Raw count

How many people clicked on your ad

CTR (Click-Through Rate)

Clicks ÷ Impressions × 100

Engagement quality. Recruitment ads typically see 0.5–2% CTR

Cost metrics

Metric

Formula

What it tells you

Spend

Total budget used

Total cost of delivering the campaign

CPC (Cost Per Click)

Spend ÷ Clicks

Efficiency of traffic generation. Lower is better, but context matters

CPM (Cost Per Mille)

Spend ÷ Impressions × 1000

Cost per 1,000 ad views, useful for brand awareness benchmarking

CPL (Cost Per Lead)

Spend ÷ Leads

For Meta Leads campaigns, cost to collect one application

CPA (Cost Per Application)

Spend ÷ Applications

Most important metric for recruitment ROI

Conversion metrics

Metric

Definition

Notes

Applications

Tracked conversions representing job applications

Requires conversion pixel on your careers page or ATS integration

Leads

Native Meta lead form submissions

Only for Leads-objective campaigns

Application rate

Applications ÷ Clicks × 100

Quality of the candidate journey after the click

Budget metrics

Metric

Definition

Daily budget

Maximum spend per day set at campaign level

Lifetime budget

Total spend cap for the campaign's full duration

Remaining budget

Budget not yet spent, shown as gauge on campaign detail page

Budget pacing

How evenly spend is distributed across the campaign duration

Benchmarks for recruitment advertising

These are indicative ranges for job advertising on Meta. Actual results vary by industry, location, and creative quality.

Metric

Weak

Average

Strong

CTR

< 0.5%

0.5–1.5%

> 1.5%

CPC

> €3.00

€1.00–3.00

< €1.00

Application rate

< 5%

5–15%

> 15%

CPA

> €50

€15–50

< €15

These benchmarks are guidelines only. Always compare against your own historical performance, not industry averages.

Related articles

  • Campaign Performance Reports

  • UTM Tracking & Attribution

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