Yield Ratios Comparison of applicants across stages of the recruiting process: # applicants # Initial contacts # interviews # final interviews # offers.

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Presentation transcript:

Yield Ratios Comparison of applicants across stages of the recruiting process: # applicants # Initial contacts # interviews # final interviews # offers # hires

Yield Ratios Comparison of applicants across stages of the recruiting process: # potential applicants after screening/# applicants # initial contacts/ # applicants # interviews/ # Initial contacts # final interviews/ # interviews #offers/ # final interviews #hires/ # offers

Selection Rates #interviewed/# applicants #hired/# applicants Each ratio represents an aspect of the recruiting and selection process

Selection Rates What if you received 102 applications and interviewed 42 applicants? What is the yield ratio and what does it mean?

Selection Rates What if you received 102 applications and hired 3 applicants? What is the yield ratio and what does it mean?

Selection Rates How could you use the following data to estimate the number of applications you might need to collect? There were 5 new hires based on your last recruiting effort for a particular job. You had received 300 applications. The supervisor called and said there were 3 more openings that became available and need to be filled.