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Improving recruitment and talent acquisition 3. Improving recruitment and talent acquisition. You gain valuable insights into your hiring process by tracking data pertaining to key recruitment metrics such as cost per hire, application completion rates, quality of hire, quality of source, and candidate experience.
Using IBM’s Watson machine learning capabilities, the workforce analytics team build an algorithm that included sources like recruitment data, tenure, promotion history, performance, role, salary, location, job role, and more. According to the report , productivity has also improved while recruitment cost have fallen.
Whether it's leaning to much towards a bottom line revenue number despite the person being a tyrant people flee, or outsourcing recruiting and retention to HR, many leaders aren't focusing on what really matters most. So they let the data do the talking and ran an A/Btest. They are usually stumped. But they didn't do it alone.
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