using data to build an effective talent acquisition strategy
TRANSCRIPT
![Page 1: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/1.jpg)
05/03/2023 © 2016 Broadbean
Applying data to build an effective talent acquisition strategyJosh Willows, Broadbean Consultant – Data and Analytics
![Page 2: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/2.jpg)
![Page 3: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/3.jpg)
About Broadbean
![Page 4: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/4.jpg)
65%
Of employers claim that data lowered cost per hire
56%
Of employers claim that data led to increased productivity
66%
Of employers claim that data lowered time to hire
Source: CareerBuilder Hiring Survey, Q2 2015
Data works
![Page 5: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/5.jpg)
Accurate or Trustworthy
Data
Why doesn’t everyone do this?
Difficulties compiling and managing data
Time spent on ad-hoc requests
Data visualisation Turning data into
action
![Page 6: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/6.jpg)
So where do we start?
1. Define your business rules 2. Define the questions you need to answer3. Establish where you can improve your data 4. Establish who needs access to the data
And once you’ve done all off that…
© 2016 Broadbean
![Page 7: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/7.jpg)
Visualize all of your data
7 |
Career Site Metrics
ATS Metrics
Hiring Manager Survey RPO
Referrals
Job Distribution
Metrics
Data Cleanse
Broadbean Analytics
Empower your recruitment decisions with your key metrics in one place.
![Page 8: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/8.jpg)
Case study – it’s never to early to start
© 2016 Broadbean
![Page 9: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/9.jpg)
How is my team
doing in regards
to open and filled
jobs this year?
I have a new job
to fill, where did
my last great hire come
from?
My job board contract is up for renewal.
How are they performing?
How are my recruitment
team performing
against their KPI’s?
How is my diversity initiative
performing?
![Page 10: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/10.jpg)
Transparency into Talent Acquisition
and Actionable
Data
How is my team doing in regards to open and filled jobs this year?
![Page 11: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/11.jpg)
Increase Participation
I have a new job to fill, where did my last great hire come from?
Having a meaningful
conversations with the data
![Page 12: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/12.jpg)
Communicate opportunities to employees who are most
likely to engage.
Transparency into vendor
performance
My job board contract is up for renewal. How are they performing for us in regards to job functions?
![Page 13: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/13.jpg)
Transparency into recruiter performance
Do I have any recruitment teams or individuals that are currently struggling or performing extremely well?
![Page 14: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/14.jpg)
Do I have any recruitment
teams or individuals
that are currently
struggling or performing
extremely well?
How is my diversity initiative performing?
We are performing
better / worse than current landscape
![Page 15: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/15.jpg)
SummaryThere are 4 things you can do to put yourself in a better place to start using data 1. Define your business rules 2. Define the questions you need to answer3. Establish where you can improve your data 4. Establish who needs access to the data
And once you’ve done all off that…
© 2016 Broadbean
![Page 16: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/16.jpg)
Visualize all of your data
16 |
Career Site Metrics
ATS Metrics
Hiring Manager Survey RPO
Referrals
Job Distribution
Metrics
Data Cleanse
Broadbean Analytics
Empower your recruitment decisions with your key metrics in one place.
![Page 17: Using Data to Build an Effective Talent Acquisition Strategy](https://reader034.vdocuments.net/reader034/viewer/2022051521/587475581a28ab4a758b619b/html5/thumbnails/17.jpg)
05/03/2023 © 2016 Broadbean
Josh Willows, Broadbean [email protected]/in/joshwillows
@JoshBroadbean+44(0)20 7855 4175
Thank You