In recruitment, applicants per opening ratio is used to track the number of applicants applying for the job opening. Applicants per opening are the number of applicants who apply to a particular position. The ratio helps HRs to ensure that the company has enough qualified candidates to fill job positions, ultimately increasing productivity. The recruitment process should attract diverse candidates and create opportunities for all employees.
What does applicants per opening indicate?
A higher number of applicants per opening reflects the brand’s positive image and it indicates that the job opening is attractive to many of the applicants. A lower number indicates that job seekers don’t find the company reliable. It
You can use a simple formula to calculate the applicants per role: divide the total number of applicants for jobs in the company by the number of job openings. This will give you an average of applicants per role.
This ratio represents the number of applicants the recruiter must interview before hiring someone for the position. Various positions have different ratios of applicants to interview depending on the complexity of the industry. For example, suppose the ratio of applicants to interview for a software engineer is 10:1. In that case, HR will most likely have to conduct ten interviews to find a candidate for the software engineer role.
The joining ratio is calculated by comparing the number of candidates who accept the offer to the number of times the offer letter was offered to various candidates.
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