Team leaders and recruiters have access to more hiring tools, software, and analytics than ever before–digital reference checks, customizable CRM+ATS platforms, hiring automation, talent sourcing, and much more.
Ironically, however, most organizations don’t have these tools well-integrated into their recruiting ecosystems. A Deloitte study of nearly 1,000 international companies found that 83 percent of respondents had low people analytics maturity. The study found that those organizations were under-equipped to identify critical recruiting problems and potential solutions, which is where recruiting intelligence comes in.
Recruiting intelligence, similar to Hiring Intelligence, is basically the use of data and analytics to inform your recruiting process from start to finish. There are, of course, a number of steps in the recruiting process, which means there are a number of recruiting intelligence applications within that process.
Here are a few ways that recruiters leverage recruiting intelligence in their hiring process.
From rooting out unwanted bias to cutting costs and finding quality candidates quicker, there are several benefits to recruiting intelligence. With recruiting intelligence, you can:
You can expect to see the following metrics improve with the help of recruiting intelligence. Optimized recruiting methods lead to quicker, more cost-effective, and better quality hires, which should translate to boosts in your:
Quality of hire is the most coveted and, unfortunately, elusive of metrics to track… until now. Recruiting intelligence empowers your recruiting teams to collaborate with department managers so you can constantly learn about how new hires are integrating into their teams. You can input those new-hire insights into your recruiting intelligence platform so it knows what kind of candidates are excelling at what roles.
Crosschq’s Q Report simplifies this process by providing you with five radical insights that will change the way you think about quality of hire. Unlike conventional recruiting wisdom, internal hires are not the most reliable way to ensure quality of hire. In fact, our data shows that the Quality of Hire for internal referrals was about 25 percent below the mean.
The report also showed that interviewers lacked the skills to adequately predict quality of hire. If you want to take a closer look at our insights, which are based on 24+ million hiring decisions, just fill out the form here for a free Q Report.
At Crosschq, we pride ourselves in providing a data-driven recruiting platform powered by our proprietary Intelligence Cloud™. From sourcing and designing your applications to onboarding and updating your platform with insights about new-hire performance, we streamline and leverage data at every step of the hiring process.
With Crosschq, you can benefit from:
Schedule a demo with us here to take the guesswork out of hiring and empower your recruiters today.