Director, Smarter Workforce, Talent Acquisition and Learning
1:45 PM Moving from Measuring Basic Metrics to Optimizing your Talent Acquisition Practices through the Use of Data Insights
Time to hire and cost of hire remain common metrics used by recruiting teams. But what would happen if we could combine all of our talent acquisition data with other data about our employees and candidates? Big data is projected to increase 800% within the next five years - and 80 percent of that data will be unstructured (emails, social media posts, feed videos and resumes), according to Gartner. The increasing amount of big data is at the same time a challenge and an opportunity for talent acquisition teams. Business intelligence applied to big data can help leaders model patterns and understand future behavior.
Successful talent acquisition leaders are leveraging big data with business intelligence technology to gather relevant insights, and maximize the potential of recruitment metrics. They are effectively being able to process the exponential growth of applications being received, and other talent data coming from different sources.
Join this session to learn more about boosting your recruitment results, by:
Adjusting recruitment strategies by looking at new metrics like quality of hire
Understanding the top predictors of employee metrics like retention
Implementing predictive hiring techniques