ANALYTICS IN HIRING
Analytics in Hiring
Hiring Analytics or Recruitment Analytics enables companies to hire more quickly and effectively. Real-time information obtained from the correct combination of data and predictive insights is what Recruitment Analytics is all about. This can include anything from tracking how long it takes to fill a post to identifying the best candidates sources. Recruitment can now be tracked and measured utilizing software and programs such as ATS (Applicant Tracking Systems).
Importance of Analytics in Hiring
- Reduced time to hire by streamlining the process
- Lower cost per hire with cost-effective recruitment ways
- Improved quality of hire by using data to choose the best candidate
- Increased retention by hiring the right people
Benefits of Analytics in Hiring
- Identify and address hiring biases
- Improve employee engagement
- Make better decisions about their HR strategies