What does the Recruiting Yield Ratio measure?

The Recruiting Yield Ratio is a valuable metric that specifically measures the effectiveness of a recruitment process by evaluating the percentage of candidates who progress from one stage of the hiring pipeline to the next. This metric provides insights into how many candidates move from, for example, application to interview, interview to offer, and offer to hire.

Understanding the yield ratios at various stages allows recruiters to identify potential bottlenecks in the recruitment process. If a significant number of candidates are not advancing beyond a certain stage, it may indicate issues such as the quality of the candidates being sourced, the efficacy of the interviewing techniques, or misalignments in job expectations.

The other options describe important aspects of the recruitment and onboarding process but do not directly correlate with the concept of the Recruiting Yield Ratio. For instance, while candidate experience pertains to how candidates perceive the recruitment process, it doesn’t specifically quantify progression through hiring stages. Similarly, new hire performance after six months focuses on the outcome of hiring rather than the recruitment stages, and overall job satisfaction of new hires evaluates their feelings post-employment rather than tracking yield ratios during recruitment.