Which HR recruitment metric measures the percentage of applicants who successfully pass from one stage of the selection funnel to the next?

Explanation

• Yield Ratio calculates the percentage of applicants advancing from one recruitment phase to another (e.g., resumes received vs candidates interviewed).
• Selection Ratio is the ratio of total hires made compared to total applicant pool volume.
• Cost Per Hire measures total recruiting expenditures divided by total hires.