What is Data Driven Recruiting?
Data driven recruiting refers to the use of data and analytics to make well-informed hiring decisions. Instead of relying solely on intuition and experience, companies leverage data-based strategies to optimize the entire recruitment process. This includes a variety of data types, such as application data, employee performance data, and external market data. Data driven recruiting encompasses areas such as:
1. Talent Acquisition Analytics
By closely analyzing candidate data, recruiters can identify patterns and trends that help pinpoint highly qualified talent—for example, which channels brought candidates to the company and which ones are most effective in attracting top-tier applicants. These insights help assess and refine recruitment strategies.
2. Performance Analytics
Employee performance data can be used to evaluate the effectiveness of hiring decisions. These findings can then be used to sharpen selection criteria and align them with long-term success.
3. Employer Branding Metrics
Data driven recruiting also includes external factors such as employer brand perception. Analytics can reveal how attractive the company appears as an employer, how it is rated on employer review platforms, and the overall satisfaction of applicants.
You’ll find more on useful KPIs to optimize talent acquisition in our blog post on HR controlling.
Let the Numbers Work for You: Advantages of Data Driven Recruiting
Analyzing various types of data allows recruiters to use their resources more efficiently—making it easier to identify strengths and weaknesses in the recruitment process. It also enables a more accurate selection of candidates by clearly defining the skills and qualities required for the role. Those who keep an eye on current data and trends stay up to date and can easily adapt to changing market demands while continuously improving their recruitment strategies.
Optimize Processes, Save Resources – with the Right Software
Unleash the full potential and cut down on time-consuming tasks—not only through data driven recruiting, but also with Refline’s E-recruiting software. Its wide range of features reduces administrative workload by up to 70%. Sign up now for a free trial!