Hiring Funnel
The hiring funnel is a framework for visualizing and measuring the stages candidates pass through from initial awareness to accepted offer. A typical funnel includes: sourcing → screening → phone screen → technical assessment → on-site interviews → offer → acceptance. Each stage has a conversion rate that determines how many candidates must enter the top of the funnel to produce one hire.
Healthy funnel metrics vary by role and company, but general benchmarks for tech hiring include: 100 sourced candidates → 20 screened → 10 phone screens → 5 technical assessments → 2-3 on-site interviews → 1-2 offers → 1 hire. Companies with AI-assisted matching often see dramatically compressed funnels, with higher conversion rates at each stage because candidates are pre-qualified before entering the pipeline.
Funnel analysis reveals critical bottlenecks. If many candidates pass the phone screen but fail the technical assessment, the screening criteria may be too loose. If offers are frequently rejected, compensation or candidate experience issues need attention. Data-driven funnel optimization is one of the highest-leverage activities for improving recruiting outcomes.
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