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05/15/2022 © 2016 Broadbean Applying data to build an effective talent acquisition strategy Josh Willows, Broadbean Consultant – Data and Analytics

Using Data to Build an Effective Talent Acquisition Strategy

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Page 1: Using Data to Build an Effective Talent Acquisition Strategy

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
Page 3: Using Data to Build an Effective Talent Acquisition Strategy

About Broadbean

Page 4: Using Data to Build an Effective Talent Acquisition Strategy

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

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

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

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

Case study – it’s never to early to start

© 2016 Broadbean

Page 9: Using Data to Build an Effective Talent Acquisition Strategy

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

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

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

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

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

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

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

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

05/03/2023 © 2016 Broadbean

Josh Willows, Broadbean [email protected]/in/joshwillows

@JoshBroadbean+44(0)20 7855 4175

Thank You