The recruitment funnel represents the stages of the recruitment process from attracting candidates to hiring them. It is often visualized as a funnel, with a broad top representing the initial stages of attracting a wide pool of candidates, and a narrow bottom representing the final stages of making a job offer to the selected candidate. The stages of the recruitment funnel typically include sourcing, screening, interviewing, assessment, and selection.
Each stage involves specific activities and criteria for narrowing down the pool of candidates. Effective management of the recruitment funnel is crucial for optimizing the hiring process, reducing time-to-hire, and improving candidate quality. By analyzing metrics at each stage, such as application conversion rates and interview-to-offer ratios, organizations can identify areas for improvement and make data-driven decisions to enhance their recruitment strategies. A well-managed recruitment funnel ensures a steady flow of qualified candidates and a structured, efficient hiring process.
You may also be interested in learning about these terms:
Recruitment Funnel
Assessment
Interview
Screening
