What does a lower Selection Ratio imply?

A lower selection ratio indicates that fewer candidates are selected from the total pool of applicants for a position. This situation generally implies higher competition among candidates, as a smaller proportion of applicants is being chosen for interviews or final consideration. This competitive dynamic often stems from a limited number of positions relative to the number of applicants, leading to an environment where candidates may need to demonstrate more qualifications, skills, or experiences to stand out.

In the context of talent acquisition metrics, a low selection ratio typically reflects that the recruitment process is stringent, requiring candidates to meet specific criteria to advance further. This heightened competition often benefits organizations looking to attract top talent, as they have a wider variety of candidates from which to choose.