Enter the total number of hires and the total number of candidates into the Calculator. The calculator will evaluate the Cumulative Yield Ratio.
Cumulative Yield Ratio Formula
CYR = H / C * 100
Variables:
- CYR is the Cumulative Yield Ratio (%)
- H is the total number of hires
- C is the total number of candidates
To calculate the Cumulative Yield Ratio, divide the number of hires by the number of candidates, then multiply by 100.
How to Calculate Cumulative Yield Ratio?
The following steps outline how to calculate the Cumulative Yield Ratio.
- First, determine the total number of hires.
- Next, determine the total number of candidates.
- Next, gather the formula from above = CYR = H / C * 100.
- Finally, calculate the Cumulative Yield Ratio.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
total number of hires = 5
total number of candidates = 100
FAQs about Cumulative Yield Ratio
What is the significance of the Cumulative Yield Ratio in recruitment?
The Cumulative Yield Ratio (CYR) is significant in recruitment as it helps organizations understand the effectiveness of their hiring process. A higher CYR indicates a more efficient process, where a larger percentage of candidates are being hired.
How can organizations improve their Cumulative Yield Ratio?
Organizations can improve their CYR by enhancing their recruitment strategies, such as by refining job descriptions, improving candidate screening processes, and ensuring a good candidate experience throughout the hiring process.
Is the Cumulative Yield Ratio applicable to all types of hiring?
Yes, the CYR can be applied to all types of hiring, whether it’s for permanent, temporary, or contract positions. It’s a versatile metric that provides insights into the efficiency of the hiring process across different recruitment scenarios.
Can the Cumulative Yield Ratio impact an organization’s employer brand?
Yes, a low Cumulative Yield Ratio may indicate inefficiencies in the hiring process, which can lead to a negative candidate experience. This, in turn, can harm an organization’s employer brand. Conversely, a high CYR suggests a smooth and effective hiring process, which can enhance an organization’s reputation among potential candidates.
