Certified Human Resource Professional (CHRP) Practice Exam

What term describes the percentage of job candidates who make it to the next stage in the selection process?

1. Base rate

2. Yield ratio

3. Recruiting effectiveness index

4. Recruiting efficiency index

The correct answer is: Yield ratio

The yield ratio is the term that accurately describes the percentage of job candidates who move on to the next stage in the selection process. It is a crucial metric in recruitment as it helps organizations assess the effectiveness of their selection methods. By calculating the yield ratio, HR professionals can determine how well their recruitment strategies are filtering candidates. For instance, if a company receives 100 applications and 20 candidates are invited to the next stage, the yield ratio would be 20%. This information provides insight into the quality of candidates being attracted and the effectiveness of the initial screening processes. In contrast, other terms such as base rate refer to the probability of a certain event occurring in the general population, while recruiting effectiveness index and recruiting efficiency index pertain to broader measures of recruitment performance. However, they do not specifically quantify the transition of candidates from one selection stage to the next, which is the focus of the yield ratio.