# Hires by Month

What is it? Number of people you hired in a given month

Why track it? Helps you track annual hiring trends

## What is Hires by Month?

This metric tells you the number of hires you have made in any particular month.

## How to calculate Hires by Month?

# of hires in each month = Hires by Month

You may also want to calculate the average number of Hires by Month over a period of time:

# of hires in the time period / # of months in the time period = Average number of Hires by Month

## Pros:

For companies that have hiring targets over any set period, this metric will give you a month by month track of the progress you are making against them. For teams doing a lot of hiring across teams this metric can also be more insightful when broken down [by department](/content/resources/kpi-examples/hires-by-department/index.html) too.

When compared to previous periods of time e.g. now vs. a year ago, it can also help you potentially identify trends such as a seasonality.

## Cons:

As a stand-alone metric this doesn’t won't tell you much more than whether you're making hires or not in a given period. For deeper insights into whether your hiring strategy is effective, compare it with other hiring metrics such as [Time to Fill](/content/resources/kpi-examples/time-to-fill/index.html) and [Source of Hire](/content/resources/kpi-examples/source-of-hire/index.html) for the same period of time.