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