What is Recruitment Funnel?
Recruitment funnel refers to the stage-by-stage process followed by firms to attract, assess, and employ talent. As in the case of a sales funnel, it comprises phases such as awareness, application, screening, interview, and selection. This is because the recruitment funnel assists HR teams to handle the candidates efficiently, and only the best end up in the final hiring process.
Using funnel measures, businesses can find out the problem areas, enhance their employer branding, and simplify the hiring process. Optimizing the recruitment funnel will save on costs, reduce time to hire, and enhance candidate experience in competitive markets.
Examples of Recruitment Funnel
1) The HR team analyzed the recruitment funnel to improve candidate conversion rates.
2) A strong employer brand helps fill the recruitment funnel with quality applicants.
3) Automating parts of the recruitment funnel saved time during hiring.
Synonyms
- Hiring Pipeline
- Talent Acquisition Funnel
- Candidate Journey
- Recruitment Pipeline
- Hiring Process Flow
