Talent Acquisition Analytics _ What, Why, And How - WalkWater Talent

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Talent Acquisition Analytics What, Why, And How
When you are looking for hiring candidates for
your company, you need to take the right
decisions, or else you may land yourself into a
mess. This is where talent acquisition analytics
can help. This blog will help you know what
talent acquisition analytics is and how you can
take advantage of it.
What is talent acquisition analytics? Unlike a
regular hiring process, talent acquisition
analytics is a process wherein companies hire
candidates, while having their strategic goals in
mind. It isn't a simple process of filling in
the skills gap required in an organization.
Instead, it involves hiring candidates while
keeping the business culture in mind, and the
goals that need to be achieved in the future. It
emphasizes on developing tactical HR analytics
and a data-driven recruiting approach to acquire
the right talent. By using a wide range of data
and insights, the right candidates are identified
to fill talent and skill gaps. How is talent
acquisition analytics useful?
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• Talent acquisition analytics is used to improve
  recruitment and candidate experience. Let us
  take a look at the three key benefits of talent
  acquisition analytics.
• It predicts candidate success Analytics can
  help predict a job applicants future
  performance. Companies can pinpoint what a
  successful employee looks like, and develop a
  candidate persona that suits. This way, similar
  characteristics, activities, and experience can
  be found.
• It targets job candidates Analytics can help
  recruiters identify the right types of
  candidates, find them, and connect with them
  quickly. Once the specific skills and
  characteristics are targeted, data can be used to
  figure out where that group is. Using this
  information, a job ad can be posted where the
  target candidates can see it.
• It eliminates bias Analytics eliminates all
  forms of biases in terms of gender, age, or
  race, which otherwise hiring managers may have.
  Instead, analytics only brings the best
  candidate forward, irrespective of the age,
  gender, race, or any other aspect. Any kind of
  biases may bring a wrong decision forward thus,
  with talent acquisition analytics, only the right
  decisions are made.
• How to use talent acquisition analytics?
• To take the best advantage of all the benefits
  that talent acquisition analytics has to offer,
  you need to keep a couple of things in mind.
• Use automation to the maximum Many human tasks
  take up a lot of time. So, you can automate your
  tasks as much as possible for example, you can
  automate tasks like candidate screening,
  application tracking, and interview scheduling.
• Keep track of important KPIs You must keep
  track of all important elements like market
  trends, workforce demographics, and hiring
  finances. Also analyze all sorts of information
  you need to analyze your organizations human
  capital.
• Identify areas of improvement Track your entire
  hiring process and find how you can manage your
  candidate pipeline better. Also determine the
  right platforms for sourcing candidates. The more
  data you gather, the more insight youll have
  into whether or not your current strategy for
  hiring is working or not.

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There! You now know why and how you can use
talent acquisition analytics to bring in the
right candidate for the job. However, if all of
the above seems too much for you to handle, you
can always hire one of the leading talent
acquisition companies in India, one like
WalkWater Talent Advisors, who can team up all
the tasks together to bring to you the best
candidate for your organization.