Luke Lonergan - Why Use Big Data in Recruitment Process
With rapid economic
development, consistent job growth, more types of jobs, and the retirement of
seasoned professionals in the industry, it’s a challenge to find the right
candidates with the right qualifications, skill sets, aptitude and attitude for
fill the vacant positions.
On the other hand,
qualified and highly proficient job seekers are in search of a job that is
align with their values and culture, offer them career advancement prospects,
provide them with responsibilities and autonomy, and pay them well. So it does
get tough for companies to find driven and committed employees to hire, and
engage and retain them after hiring.
This is where big data
can come to rescue as it can enable companies to benchmark and broadcast their
top management to candidates all through the hiring process and identifying and
addressing shortcomings among managers. Big data can help in the following
ways:
Finding
the right applicants from the beginning
Transparency is a key
factor when it comes to hiring a candidate. Employers want to make sure that
they are recruiting candidates who share company’s values, interested in the
company, have suitable qualification for the position and are not frequent job
hoppers. On the other hand candidates want to make sure that the job is in line
with their qualifications, career goals, and the company has a fine culture and
management.
With tools combined
with deep analytic capacities and artificial intelligence, companies can
observe data from across the sector and devise a profile that can be useful to
screen resumes and candidates on alarming signs and evaluate and rank
shortlisted candidates for job vacancies.
Evaluating
and assessing the performance of managers:
A large chunk of
employees leave their jobs because of the poor relationship with their direct
managers. Companies can determine whether their managers fulfill, surpass or
doesn’t meet the management quality benchmark against the industry standard by
collecting data on performance, engagement, attrition and retention from team
to team. The attributes of a good manager can be determined by the engagement
and retention and complex business metrics such as client satisfaction and
financial returns can determine team’s performance.
Data
enabled managers
Data and predictable
analysis can provide managers with actionable information to help them realize
how to support their team members better. For instance, data-driven
intelligence can ascertain when a team member has a greater chance of leaving
as they have been in the job position for a very long time or could be getting
burnt out. This insight can enable a manger to give more attention to that team
member, assign them with new and exciting tasks or build more communication
with the unengaged employee.
For
more information, please visit Luke Lonergan.
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