The recruitment funnel is a tool that displays the process of interaction with candidates from the moment of reviewing the resume to employment. Its main importance lies in its clarity, allowing you to see the number of applicants at each stage and identify possible problems for their prompt resolution.
Unlike the recruiter's job description, which is to "sell" a job opening, the funnel's goals include the following:
increasing the efficiency of candidate selection;
optimization of channels, texts usa student data package and approaches to posting vacancies to save the budget;
predictable and rapid filling of vacancies;
tracking and increasing conversion;
adjusting the selection criteria to exclude non-target applicants;
operational management of the candidate search system;
identifying weak points in the funnel and eliminating them.
If you only focus on building a recruitment funnel without analysis, then it’s a waste of time.
It is important to regularly monitor the effectiveness of this tool, conducting such checks weekly or daily. A knowledgeable HR specialist will notice responses from unsuitable applicants in a couple of days, make changes to the text of the job description or change the online platform.
Beginners often try to build their funnels according to standards found on forums, in articles or tutorials, but this is the wrong way. Statistics can vary greatly depending on the vacancy, region, city and company. For this reason, it is important to analyze the results of only your funnel and do it on an ongoing basis.
Increase Your Profits by 10X: 5 Key Metrics You Must Track
Alexander Kuleshov
Alexander Kuleshov
General Director of Sales Generator LLC
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The recruitment funnel will help you find answers to the following questions:
Which resource can help you find a suitable candidate and fill a vacancy faster? Companies usually use several funnels. To determine the optimal search strategy, the costs of posting a vacancy, the time frame for finding a candidate, and the amount of resources spent are compared.
What is the current state of the labor market? Recruitment funnels allow you to see the general situation on the labor market in a specific area.
How can the procedure for attracting applicants be improved and selection costs be reduced? The tool in question makes it possible to assess candidates' interest in working at the enterprise.
What results do the stages of selection used bring? The funnel shows at what stage candidates are lost and at what points more time is spent than planned. This helps to identify areas for improvement.
How much should you pay a recruiter and how much time is needed to fill a vacancy? The funnel helps to assess the current situation of the recruitment pr