It is an HRM term that helps the management calculate the percentage of candidates a company hires from the total job applications they receive. This allows the company to analyse the efficiency of staff processing. By calculating the Yield ratio, HR can find out the source that can give the potential candidate to them.
Calculating the Yield Ratio
Number of candidates after the end stage/ candidates at the stage of beginning.
Through this method, you can easily calculate the worth of your HRM processes and find out which processing or stage is offering the best results.
