Diverse Candidates Conversion Ratios
A Submitted Diverse Candidates Conversion Ratio measures the number of diverse candidates who move to the next stage.
How do you calculate Diverse Candidates Conversion Ratios?
Once your hiring manager has the shortlist of candidates they will typically review their applications and progress a number of them to the next stage in the process. We can then compare the diverse candidate conversion ratios against the conversion ratio for non-diverse candidates.
Having calculated your conversion ratios between each stage-to-stage...
...you may find particular steps in your process where diverse candidates are more likely to convert - or not - which you can then analyse in greater detail so that you can build on your successes and spot areas for improvement.
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Having full insight into all aspects of your recruitment process is vital in the quest for hiring perfection. Download the full Recruitment Metrics Cookbook today and get access to an extensive list of metrics and how to calculate them.
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