What is Recruitment Funnel Effectiveness?
Recruitment-funnel is a structure that is helpful for the recruiter to give a perfect shape to the process of recruitment from the beginning to the end of the process in a stepwise manner. The recruitment funnel is divided into seven important stages.
The stages are:
- Attraction
- Awareness
- Hiring
- Interest
- Application
- Interview
- Pre-selection
Major 5 recruitment funnel metrics are:
- Cost per hire
- Time to hire
- Quality per hire
- Recruitment funnel effectiveness
- Source of hire
