An organization received 220 applications for a position. Through a multi-stage process (phone interviews, exams, panel interviews), 2 candidates received an offer. What is the overall yield ratio for this recruitment process?
The correct answer is B. 0.9%
Step 1: Understand yield ratio
Yield ratio measures the percentage of applicants who successfully move to the final stage. It is calculated as:
Yield Ratio = (Number of candidates hired ÷ Total number of applicants) × 100
Step 2: Substitute the values
Number of candidates hired = 2
Total number of applicants = 220
Yield Ratio = (2 ÷ 220) × 100
Step 3: Perform the calculation
2 ÷ 220 = 0.00909
0.00909 × 100 = 0.909%
Step 4: Round to nearest option
0.909% ≈ 0.9%
Final Answer: B. 0.9%
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