Resumes generated Interview offers accepted Yield ratio (1) Applicants judged acceptable Accept employment offers Yield ratio...

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Resumes generated Interview offers accepted Yield ratio (1) Applicants judged acceptable Accept employment offers Yield ratio (2) Cumulative yield ratio Cost Cost per hire Local university 200 175 87% 100 90 90% 45% $30,000 $333 Renowned University 400 100 25% 95 10 11% 3% $50,000 $5,000 Recruiting Source Employee Referrals 50 45 90% 40 35 88% 70% $15,000 $428 Advertising 500 400 80% 50 25 50% 5% $20,000 $800 Executive Search Firms 20 20 100% 19 15 79% 75% $90,000 $6,000 Review the above table and then answer the following questions: 1. Identify the numerator and denominator you need to calculate the yield ratio 2. Identify the numerator and denominator you need to calculate yield ratio (2) a. Calculate yield ratio (2) for each recruiting source 3. Identify the numerator and denominator you need to calculate the cumulative yield ratio for each source a. Calculate the cumulative yield ratio for each recruiting source 4. Let's assume that all the included recruiting sources are used to recruit for the same or similar jobs; use both cost per hire and cumulative yield ratio to identify the best recruiting source. Resumes generated Interview offers accepted Yield ratio (1) Applicants judged acceptable Accept employment offers Yield ratio (2) Cumulative yield ratio Cost Cost per hire Local university 200 175 87% 100 90 90% 45% $30,000 $333 Renowned University 400 100 25% 95 10 11% 3% $50,000 $5,000 Recruiting Source Employee Referrals 50 45 90% 40 35 88% 70% $15,000 $428 Advertising 500 400 80% 50 25 50% 5% $20,000 $800 Executive Search Firms 20 20 100% 19 15 79% 75% $90,000 $6,000 Review the above table and then answer the following questions: 1. Identify the numerator and denominator you need to calculate the yield ratio 2. Identify the numerator and denominator you need to calculate yield ratio (2) a. Calculate yield ratio (2) for each recruiting source 3. Identify the numerator and denominator you need to calculate the cumulative yield ratio for each source a. Calculate the cumulative yield ratio for each recruiting source 4. Let's assume that all the included recruiting sources are used to recruit for the same or similar jobs; use both cost per hire and cumulative yield ratio to identify the best recruiting source.

Answer rating: 100% (QA)

1 Yield Ratio 1 is computed by dividing the number of interview offers accepted by the number of res... View the full answer