What Is a Yield Ratio
Yield Ratio Is a Recruiting Metric That Indicates the Percentage of Candidates’ Movements from One Part of the Hiring Process to the Next. the Ratio Measures...
Yield ratio is a recruiting metric that indicates the percentage of candidates’ movements from one part of the hiring process to the next. The ratio measures movements between each stage (e.g., from application to screening calls) but also from start to finish (number application to a number of hires).
What does a yield ratio of 12 1 mean?
A yield ratio of 12:1 for recruiting college engineering graduates means that… -for every twelve new hires only one remains. -to replace five retiring engineers will require 60 job interviews with graduating engineering students.
Why is yield ratio important?
Recruiting yield ratios are some of the most important recruiting key performance indicators (KPIs). Yield ratios are usually used to measure how many candidates were hired from a total number of applications. But, their usefulness can expand beyond that to reflect every stage of the hiring process and source of hire.