What metric can help identify issues in the recruitment process?

Identifying issues in the recruitment process relies heavily on metrics that provide insights into how various aspects of recruitment are performing. Source Yield is particularly useful in this regard. It measures the effectiveness of different candidate sourcing channels by evaluating the number of candidates sourced from each channel who actually move through the recruitment process to hire.

By analyzing Source Yield, organizations can determine which recruitment sources are the most productive and which are underperforming. If a specific sourcing channel yields a low number of qualified candidates or hires, it may indicate that adjustments are needed in the channel's strategy. This metric provides actionable insights, allowing recruiters to focus their efforts on more successful sources and possibly re-evaluate or optimize the underperforming ones.

In contrast, while Candidate Satisfaction assesses the candidates' feelings about their experience, and Interview Quality Score evaluates the effectiveness of interviews, these metrics do not directly indicate where recruitment bottlenecks or inefficiencies lie. Applicant Tracking Efficiency gives insight into the system's operational aspects, but it doesn't specify which sourcing strategies need improvement. Hence, Source Yield is a crucial metric for pinpointing issues in the recruitment process effectively.