Do you remember your last bad hire? How did you feel when you hired someone who wasn’t right for the job? Probably not great. For a long time, this risk was part of the job of a recruiter. We had to make decisions based on gut feeling and manual resume screening alone. It’s no surprise that not every decision was the right one!
These days, we can use data-driven recruitment to minimize the chances of a bad hire. This innovation limits the chances of hiring a candidate who isn’t the best fit for the job. In addition, it reduces bias in the recruitment process. How? By utilizing data to optimize the recruitment process.
Top 3 benefits of data-driven recruitment
You can use data-driven recruitment to make more informed decisions and achieve your diversity and inclusion goals. But that’s not all. Let’s look at three more benefits of data-driven recruitment:
1. Improve the quality of hires
Using data-driven recruitment can significantly improve the quality of your hires. You’re more likely to hire a candidate that is a perfect fit for the job. And these hires are also more likely to stay in the job for longer. So your turnover rate decreases while productivity increases.
2. Decrease the time-to-hire and cost-per-hire
You can use data-driven recruitment to collect a lot of data on potential candidates. This enables you to make a stronger shortlist before you hold your interviews. So you’ll need to invite fewer candidates. Therefore, the time-to-hire decreases.
Less time needed for a hire also decreases the cost-per-hire. You can also use data to understand where candidates find your job ads. Perhaps an expensive jobs platform you use doesn’t lead to many applications. When you know this, you can save money by no longer advertising there.
3. Improve the candidate experience
A shorter, more efficient hiring process enhanced by data-driven recruitment practices also improves the candidate experience. Candidates don’t appreciate a tedious and lengthy recruitment experience. They will thank you for keeping the process as brief as possible.
The role of Textmetrics in data-driven recruitment
The Textmetrics platform can play an important role in your data-driven hiring process. The platform uses artificial intelligence algorithms to read and analyze your writing. And gives you real-time suggestions for improvements. You’ll write job descriptions that are free from bias so they appeal to everyone in your target group. You’ll write better job descriptions with an inclusive tone. Just what you need to find the very best candidate for the job.Want to know more about our Smart Writing Assistant? Click here.