Analytics and Technology for TA
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This document discusses how technology and analytics can improve the talent acquisition process. It outlines various recruitment challenges that have been solved in other industries like e-commerce and how analytics can help improve conversion rates, reduce costs and cycle time, and prepare for proactive hiring. It then provides details on how analytics can enhance and measure performance throughout the different stages of the sourcing, screening, discussions, offer and onboarding process. Finally, it discusses how mobile platforms and social media present opportunities and how innovations in sourcing, candidate experience, and business management can help leverage these channels.
Analytics and Technology for TA
- 1. TECHNOLOGYANDANALYTICS FOR TALENT ACQUISITION Technology to help you Analytics to guide you MIX your technologyandanalyticsto achievean INTELLIGENThiringprocess“
- 2. AND DID YOU KNOW? The currentproblemsin recruitment havebeensolved by otherindustries “RecruitmentChallenges Industry Solvingit Increase Job Visibility E-commerce Increase Leads Social Apps Improve Conversions E-commerce Improve Communications Social NetworkingSites Improve Candidate Experience Hospitality Reduce cycle Time Manufacturing
- 3. RECRUITMENTANALYTICS CAN HELP YOU 1. Improve your conversion ratio 2. Reduce your abort ratio 3. Reduce cycle time 4. Reduce hiring cost 5. Prepare for Pro Active Hiring ANALYTICS TO IMPROVE EFFICENCY Which companiesto source from Flagtraining needs Suggest sourcingmix basedon Time To FILL PredictionAnalytics to your futurehiringneeds …andmore
- 4. SOURCING ANALYZE & IMPROVESOURCING SCREENING TECHDISCUSSIONS HRDISCUSSIONS OFFER ONBOARD Enhance Process 1. Automatecareer & job board posting 2. Automateresume flow from job boards 3. Resume parser / Resume grabber 4. Automatedand intelligent referral system 5. Intelligent campaignsemail, SMS 6. Intelligent & personalized auto social post 7. Social Viral Referral 8. Resume parser 9. Resume grabber 10. Alumni sourcing Measure & Control 1. Analyze sourcing channel impact & remove sources of low impact 2. Analyze sourcing channel cost for efficient utilization 3. Research on new channels to increase reach 4. Infographicsfor Better insights and tips
- 5. SCREENING ANALYZE & IMPROVESOURCING SCREENING TECHDISCUSSIONS HRDISCUSSIONS OFFER ONBOARD Enhance Process 1. Questionnaires 2. Boolean & Advance search features 3. Intelligent auto tagging 4. Save search 5. Resume Banking 6. Resume ranking (Relevancy & Budget wise) 7. Screening reminders 8. Bulk update 9. Highlighter 10. Red flags (Pros & Cons auto report) Measure & Control 1. Map competitionfor better conversion 2. Review conversion and identify trainingneeds 3. Infographics for Better insights and tips
- 6. TECH & HRDISCUSSION ANALYZE & IMPROVESOURCING SCREENING TECHDISCUSSIONS HRDISCUSSIONS OFFER JOINING Enhance Process 1. Self scheduler ( Candidate Choice ) 2. Automatedcalendars / SMS 3. SMS Reminders for interview 4. Easy cancellationsoptions 5. Route Map with expected travel time 6. Auto send Prep materials 7. Real-timeassessment data (Internal APP) Measure & Control 1. Conversions to identify training needs
- 7. OFFER& ONBOARDING ANALYZE & IMPROVESOURCING SCREENING TECHDISCUSSIONS HRDISCUSSIONS OFFER ONBOARD Enhance Process 1. Centralized hub for for global reporting . 2. Automatedand personalized keep warm strategy 3. Video and photo contents to continue to build-up the brand value 4. Manager check-ins 5. AutomatedSMS with POC for FAQs Measure & Control 1. Abort analysisfor improved screening 2. Abort analysisfor comp & ben inputs 3. Quality of hire inputs for improved screening
- 8. TECHNOLOGYANDANALYTICS TO IMPROVE CANDIDATE EXPERIENCE JOB DISCOVERY RESEARCH DECISION COMMUNICATION RESOLUTION 1.Brand your communications 2.Use Templates 3.Include videos and photo galleries 4. Responsive website 5. Virtual tour 6. Friends working here. 1.Have a vibrant landing page 2.Ensure enough materials are available for candidates to make a favorable decision 3. Have a detailed social presence Including Career site, Indeed, Glass door, LinkedIn, Job boards, Facebook, Twitter & YouTube Use Navigational analytics to evaluate and modify contents 1.One click apply / Dial to apply 2.Call back option 3.Save Job 4.Apply via LinkedIn 5.Website Live chat 1.Fast Responses 2.A / B point of contact 3.Flags / Alerts 4.Self scheduler ( Candidate Choice ) 5.Calendars / SMS 6.SMS Reminders for interview 8.Easy cancellations options 9.Route Map with expected travel time 1.Fast Responses 2.A / B point of contact 3.Flags / Alerts 4.Self scheduler ( Candidate Choice ) 5.Calendars / SMS 6.SMS Reminders for interview 8.Easy cancellations options 9.Route Map with expected travel time
- 9. MOBILE PLATFORM FACTS REDFLAGS WHERETO START? 70% of your potential candidate pool are already on this platform. Is your online sourcing channels optimizedfor mobiles? Career site 30% Growth last year Do you have high bounce rates on this platform? Install and monitor Google analytics. 4G infrastructureacross India at cheaper rates by end of 2016 Do you have a growthplan to address the future here? Build a growth strategy based on the analytics descriptions.
- 10. SOCIAL MEDIA Opportunities Brand Awareness & Reach Content Knowledge & Sharing Engage Passive Candidates Improve Referrals Increase Job visibility Improve Direct applications INNOVATION Sourcing Automated& Intelligent Referral System Viral Referral System Global lead generator Candidate Experience Real-timeCommunication Reminders Improved Facilitations Post Closure Communications Personalized Touch Business Management Faster Communication Reminders Better selectionpool