It is a refined structure that allows the companies to manage the recruitment processes. It is a step-by-step structure that maintains the efficiency of recruitment in the company which leads to better management of several hiring stages. There are majorly seven stages of the Recruitment Funnel
- Awareness
- Attractions
- Application
- Interest
- Pre-selection
- Interview
- Hiring
The recruitment funnels help companies simplify the hiring process by filtering the overall hiring process. Although it is a difficult process, various recruitment matrices can make it easier. Here is a list of the top 5 recruitment funnel matric that the employer must consider
- Quality of hire
- Costing per hire
- Source of hire
- Time to hire
- Recruitment funnel effectiveness