If your historic yield ratio for interviews is 1:8, which yield ratio would indicate more qualified candidates after changes to your position announcement?

A historic yield ratio of 1:8 means that for every eight candidates interviewed, only one was ultimately hired. To evaluate the effectiveness of changes to your position announcement, a lower yield ratio indicates that the candidates progressing to interviews are more qualified.

A yield ratio of 1:4 signifies that for every four candidates interviewed, one is hired. This represents a significant improvement over the original ratio of 1:8 because it shows that the changes made to attract candidates have resulted in a higher percentage of qualified applicants, leading to a shorter hiring process and a more selective interview pool.

Similarly, yield ratios of 1:6 and 1:5 also suggest improvements, as they decrease the number of interviews needed to hire one person compared to the historic ratio. However, the greatest reduction in the ratio, evidenced by the 1:3 yield ratio, provides the clearest indication of a significant increase in the number of qualified candidates being evaluated.

Therefore, a yield ratio of 1:3 indicates the most substantial improvement in the quality of candidates following the revisions to the position announcement, as it shows that now only three candidates need to be interviewed to hire one, thereby reflecting a much stronger pool of applicants.