HIRING WITH DATA
TalentAIM Puts Data Behind Your Hiring Decisions
We start by assessing your current team members and creating a quantitative profile. Then we use this data to find other similar candidates.
What is Talent Acquisition Analytics?
As a hiring manager, what factors do you consider when reviewing potential employees? Work background? Education? References? How much time do you spend per candidate?
We often hear of the “five-seconds-to-make-an-impression” rule with resumes. Especially in companies with a large number of similar roles, the visual sort process of categorizing candidates with not much more than a glance can become not only tedious, but inaccurate.
Talent acquisition analytics takes this manual process into the digital age, allowing employers to rapidly and accurately use data-driven models to predict not only employee performance, but fit, tenure, and loyalty. A simple, online 20-minute survey of both existing and potential employees is all that’s needed to get started.
Where Hiring Meets Data
Each year, billions of dollars are spent on researching, training, and hiring new employees. Turnover rates directly affect a business’s bottom line. Proven predictive analytics can use the existing culture of your company to assess potential future employees, reducing turnover by up to 12%.
It all begins with a survey of existing employees within a role. What are their values, both personal and business? How do they see the company? What helps them engage? Once data is compiled, it is analyzed using a scientifically-proven algorithm to develop clear statistical indicators representing the job fit, culture fit, engagement and performance.
Once a baseline is established, a similar survey for job applicants can produce a report accurately predicting the candidate’s fit. Within seconds, thus saving thousands of man hours a year, the program presents statistical data and predictive measures of large groups of candidates.
jobZology Provides Cultural Assessment Tools
By tapping into talent acquisition analytics, your company will save money in the hiring process. You will be able to find untapped talent pools; improve retention, engagement and performance stats with the talent you select; and rapidly score talent so you can hire people that will stay longer and perform better.
- Increase Retention – Eliminating costs for hiring and onboarding
- Increase Productivity – Eliminating costs of rework
- Increase the Speed of Decision Ability – Eliminating costs in hiring
- Increase Access to Talent – Opening avenues for new pools