People are the most important part of an organization, and so recruiting them is an important task. Recruiters who use big data to power their efforts are more likely to perform well and reduce the costs compared to those who don’t use it — a data driven recruiting strategy is crucial to any business that wants to stay competitive.
A good Applicant Tracking System (ATS) is a great tool for sorting through the applications, tracking candidates and acquiring data such as the cost of hiring the candidate. Data driven recruitment connects all employee data from the time of hiring to beyond and also links this function with strategic workforce planning.
