Definition of a 'Yield Ratio' in recruitment analytics?

• A. A metric for training expenses.
• B. A metric for employee retention.
• C. A metric that measures the effectiveness of a specific stage in the recruiting process (e.g., number of hires divided by number of candidates submitted).
• D. A metric for salary competitiveness.

Answer: (C)

Yield ratio measures how effectively a specific stage of the recruiting process converts candidates into hires. It tells you the conversion rate at that stage, showing how many hires you get for each candidate submitted. For example, if 50 candidates are submitted and 8 are hired, the yield ratio is 8/50, or 16%. This helps you spot bottlenecks or overly stringent screening, so you can adjust criteria, interview approaches, or screening processes to improve the stage’s efficiency. It’s distinct from training expenses, which track costs; from employee retention, which looks at how long hires stay; and from salary competitiveness, which compares pay to the market. By analyzing yield ratios at different points in the funnel, you can optimize sourcing, screening, and interviewing to boost overall recruitment effectiveness.