Data-Driven Recruitment

Meaning & Definition 

The term “data-driven recruitment” refers to an approach to recruitment that involves the use of various types of recruitment-related data and metrics when making hiring decisions, rather than depending only on gut instinct. By utilizing various types of recruitment data (i.e., source effectiveness, time to hire, quality of candidate, and hiring trends), HR teams can enhance their ability to effectively recruit, reduce inefficiencies in their recruiting efforts, and ultimately hire more suitable candidates.

Important aspects of Data-Driven Recruitment

• Enhances the quality of hiring by making more informed decisions.
• Decreases bias and inconsistency in determining who to hire.
• Reduces costs associated with hiring, such as channel-specific recruitment efforts.
• Locates delays within the hiring process.
• Provides ongoing improvement opportunities based on measurable data.

Governance & Compliance 

• There is no specific statutory compliance associated with this terminology. 
• Recruiting analytical data should conform to fair hiring & equal opportunity guidelines as prescribed under Indian labour statutes. 
• The ethical & responsible utilization of hiring data in connection with internal human resources and recruitment policies is given guidance.

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