Selection Ratio
Selection ratio, which is also known as a hiring ratio or selection rate, is a recruitment metric that determines the ratio of the number of candidates selected or hired for a job position to the total number of applicants who applied for the position. The selection ratio, which is usually in a percentage form, helps employers analyze the efficiency of recruitment and selection processes as well as the job competitiveness and whether the employer's brand is attractive or not. A low selection ratio reflects a highly competitive selection process where a small number of candidates are chosen, while the high selection ratio implies a less competitive or less selective hiring process.
Example of Selection Ratio
For a retail company, the selection ratio is determined by the number of those who applied for the sales associate position and the number of candidates who were hired. The company received 200 applications from applicants that applied for the sales associate position during the recruitment process. By examining applications, conducting interviews, and evaluating the candidate's skills and knowledge, the company extended job offers to 20 candidates for open positions.
Ratio of Selection = (Number of Applicants Hired / Total Number of Applicants) x 100.
Ratio of Selection = (20 / 200) x 100 = 10%.
The selectivity for the sales associate position is 10%, meaning that 10% out of the total number of candidates who applied for the position were eventually hired by the company. The low selection ratio generally points to a highly competitive selection process with only a certain stage of applicants being chosen for employment.
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