Talent Pipeline Efficiency Analyzer
Analyze sourcing channel ROI, cost per hire, and funnel conversion. Enter values for instant results with step-by-step formulas.
Formula
CPH = Channel Cost / Hires; Conversion = (Hires / Applicants) * 100
Cost Per Hire (CPH) determines the financial efficiency of a channel. Conversion Rate (Applicant to Hire) determines the quality efficiency. High conversion means less screening time per hire. The goal is to balance low CPH with high quality/conversion.
Worked Examples
Example 1: Agency vs. Job Board
Problem:Agency: $20k fee, 5 candidates, 1 hire. Board: $500 fee, 500 candidates, 1 hire.
Solution:Agency CPH: $20k. Board CPH: $500. BUT Board required screening 499 rejections (high labor cost). Agency required screening 4.
Result:Board cheaper in cash; Agency cheaper in time.
Frequently Asked Questions
How do I improve pipeline efficiency?
Focus on 'quality over quantity.' Cut spending on high-volume/low-conversion channels. Improve job descriptions to deter unqualified applicants. Invest in employer branding.