Selection ratio refers to the ratio of the number of job positions to the number of job applicants and is used in the context of selection and
recruitment
Recruitment is the overall process of identifying, sourcing, screening, shortlisting, and interviewing candidates for jobs (either permanent or temporary) within an organization. Recruitment also is the processes involved in choosing individual ...
. It is typically assumed to be a number between 0 and 1 where a number closer to zero implies that there are many applicants for any one position.
Overview
The selection ratio provides information about the value of assessment tools, such as
interviews
An interview is a structured conversation where one participant asks questions, and the other provides answers.Merriam Webster DictionaryInterview Dictionary definition, Retrieved February 16, 2016 In common parlance, the word "interview" r ...
, work samples, and
psychometric
Psychometrics is a field of study within psychology concerned with the theory and technique of measurement. Psychometrics generally refers to specialized fields within psychology and education devoted to testing, measurement, assessment, and ...
tests. When the selection ratio is close to one, most applicants will need to be hired in order to fill the available positions. As such knowing that one applicant is likely to perform better than another is of limited value.
In contrast when the selection ratio is closer to zero, assessment tools have greater value in indicating which subset of job applicants are likely to perform best.
Estimates
{{otheruses, Estimate (disambiguation)
In the Westminster system of government, the ''Estimates'' are an outline of government spending for the following fiscal year presented by the cabinet to parliament. The Estimates are drawn up by bureaucrat ...
of the selection ratio can form part of estimates of
utility
As a topic of economics, utility is used to model worth or value. Its usage has evolved significantly over time. The term was introduced initially as a measure of pleasure or happiness as part of the theory of utilitarianism by moral philosopher ...
for a given selection and recruitment system.
External links
How To Create An Online ResumeHow To List Language Skills On Resume
{{Employment
Recruitment