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05/01/2023 © 2016 Broadbean
Applying data to build an effective talent acquisition strategyJosh Willows, Broadbean Consultant – Data and Analytics
65%
Of employers claim that data lowered cost per hire
56%
Of employers claim that data led to increased productivity
66%
Of employers claim that data lowered time to hire
Source: CareerBuilder Hiring Survey, Q2 2015
Data works
Accurate or Trustworthy
Data
Why doesn’t everyone do this?
Difficulties compiling and managing data
Time spent on ad-hoc requests
Data visualisation Turning data into
action
So where do we start?
1. Define your business rules 2. Define the questions you need to answer3. Establish where you can improve your data 4. Establish who needs access to the data
And once you’ve done all off that…
© 2016 Broadbean
Visualize all of your data
9 |
Career Site Metrics
ATS Metrics
Hiring Manager Survey RPO
Referrals
Job Distribution
Metrics
Data Cleanse
Broadbean Analytics
Empower your recruitment decisions with your key metrics in one place.
How is my team
doing in regards
to open and filled
jobs this year?
I have a new job
to fill, where did
my last great hire come
from?
My job board contract is up for renewal.
How are they performing?
How are my recruitment
team performing
against their KPI’s?
How is my diversity initiative
performing?
Transparency into Talent Acquisition
and Actionable
Data
How is my team doing in regards to open and filled jobs this year?
Increase Participation
I have a new job to fill, where did my last great hire come from?
Having a meaningful
conversations with the data
Communicate opportunities to employees who are most
likely to engage.
Transparency into vendor
performance
My job board contract is up for renewal. How are they performing for us in regards to job functions?
Transparency into recruiter performance
Do I have any recruitment teams or individuals that are currently struggling or performing extremely well?
Do I have any recruitment
teams or individuals
that are currently
struggling or performing
extremely well?
How is my diversity initiative performing?
We are performing
better / worse than current landscape
SummaryThere are 4 things you can do to put yourself in a better place to start using data 1. Define your business rules 2. Define the questions you need to answer3. Establish where you can improve your data 4. Establish who needs access to the data
And once you’ve done all off that…
© 2016 Broadbean
Visualize all of your data
18 |
Career Site Metrics
ATS Metrics
Hiring Manager Survey RPO
Referrals
Job Distribution
Metrics
Data Cleanse
Broadbean Analytics
Empower your recruitment decisions with your key metrics in one place.
05/01/2023 © 2016 Broadbean
Josh Willows, Broadbean [email protected]/in/joshwillows
@JoshBroadbean+44(0)20 7855 4175
Thank You