Date post: | 21-Jan-2017 |
Category: |
Recruiting & HR |
Upload: | promptcloud |
View: | 341 times |
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39%agree quality of hire is the most valuable
metric for performance
*via Global Recruiting Trends 2016
of Talent leaders
46%feel, finding candidates in high demand talent pools as one of the biggest challenges
*via Global Recruiting Trends 2016
of Talent leaders
Data and predictive analysis have the solutions to all your recruitment related problems.
Here are some of the benefits you can reap by using data-based recruiting, also known as
Recruitment Analytics
Using data and analytics helps to spot the best prospective employees from the initial phase
Soft skills are easier to measure using data-backed hiring algorithms tailored to be used around a company’s work culture
Data can be used to evaluate a candidate’s turnover risk which can save you precious
time wasted on him/her
Data can be mined from social media sites, popular job aggregators etc. to find the key things you should be focusing on
This data can also give you insights into candidates’ preferences like physical locations that are most
appealing to your prospects.
By streamlining your sourcing with the help of data, you can yield better returns
in the form of competent hires while saving you significant amount of time
With data, you can start evaluating the satisfaction levels of new hires from day one
It can give you a real time data to see if the new crew, from managers to CEO, are meeting the expected
standards in their respective jobs.
This data can help you predict if an employee might become obsolete, burned
out or quit.
By taking the necessary actions, any of these can be avoided.
Data can provide you the answers about, how the new hires would rate your organization’s
training and orientation
Analytics can be used for identifying and communicating flaws in the boarding process
to the HR team
Use data to find out where your best performers found your job listing and that’s where you should focus more
This can also be used to identify which sources have the highest turnover rates
You can invest more time and effort in the fruitful sources and drop the ones that aren’t working well for your company
Depending on the demand for various jobs in the market at the moment, you can tweak your
hiring process for improved efficiency
Analyzing the market trends can give you insights on what jobs are currently available in the market and what companies are looking for
candidates in these roles
Easiest way to analyze the market trends is by gathering data from job aggregators
Let us know if you have any queries at [email protected]
www.promptcloud.com