Recruitment Funnel Effectiveness | Meaning

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