The selection ratio refers to the number of hired candidates compared to the total number of candidates. The selection ratio is very similar to the number of applicants per opening. When there’s a high number of candidates, the ratio approaches 0. The selection ratio provides information such as the value of different assessment and recruitment tools and can be used to estimate the utility of a given selection and recruitment system.
How to calculate the Selection ratio?
To Calculate the Applicant-to-Hire Ratio, divide the number of hired candidates by the total number of candidates for a particular post.
Factors affecting Selection ratio
- Proper Advertising Channel
- Employer Brand
- Candidate Availability
- Source of Applicants