



Recruiting News Network
Recruiting
News
OperationsThe Recruiting Worx PodcastMoney + InvestmentsCareer AdviceWorld
Tech
DEI
People
People on the Move
The Leaders
The Makers
People
People on the Move
The Leaders
The Makers
Brand +
Marketing
Events
Labor +
Economics
SUBSCRIBE





Hiring Intel

Today’s Top TA Data

December 20, 2024

Hiring Intel

Today’s Top TA Data

December 20, 2024

Photo by Campaign Creators on Unsplash

Talent acquisition (TA) data equips HR leaders with insights that drive smarter, data-driven hiring strategies. Data allows them to identify and attract top talent, improve the candidate experience, identify gaps in diversity and enables proactive workforce planning.

However, TA professionals often face challenges in fully utilizing the data available to them. Which areas do employers face the greatest challenge to maximize the potential that comes from the many sources of data involved in TA? Further, does investing more in technology increase use or satisfaction with it? To address these questions, a new HRO Today report, sponsored by Sevenstep, In Data We Trust: Do TA Leaders have Confidence in their Talent Intelligence?, focuses on the experience of HR executives using HR data across areas related to TA.

Key Findings

This study reveals several key findings about HR leaders’ experience with four types of data: talent market data, TA process and performance data, workforce planning data, and data for contingent labor acquisition.

Talent Market Data

Market data applies to talent supply forecasts, labor market trends, compensation and benefits, and competitor hiring.

  • The use of market data is minimal. Less than one-third (31%) of respondents feel they use external talent data for recruitment strategies to a large or very large extent.
  • Satisfaction with the quality of data used for employee recruitment strategy is low. Only 44% are satisfied with the availability of talent needed to meet organizational demands. Further, only 41% are satisfied that they have the detailed cost benchmarks required for the talent they seek.
TA Process and Performance Data

TA process and performance data are metrics that help organizations understand how effectively their recruitment and hiring processes are functioning. Examples include time to fill, quality of hire and cost per hire.

  • The majority of executives use hiring metrics to gauge recruiting performance. Just over one-half (56%) of senior HR leaders rely on data used to measure recruiting performance to a very large or large extent.
  • About one-half are satisfied with the quality of hiring performance data. Overall, about one-half of senior HR leaders are satisfied with the relevance and timeliness of data and the extent of detail.
Workforce Planning Data

Workforce planning data encompasses a range of metrics and information that help an organization assess current and future staffing needs, identify skill gaps, and make strategic decisions to optimize workforce allocation. Examples include data on demographics, employee performance, and learning and development.

  • The majority (57%) use data to a very large or large extent to guide workforce planning efforts. This includes where, when, and what kinds of talent will be needed.
  • Satisfaction is tepid with the quality of data for workforce planning strategies. Just over one-half (55%) of senior HR leaders are satisfied with the relevance of data used for workforce planning strategies. Less than one-half are satisfied with the overall timeliness of data or extent of detail, 48% and 45%, respectively.

‍

Read full article here

Talent acquisition (TA) data equips HR leaders with insights that drive smarter, data-driven hiring strategies.

What we're reading

‘We’re all fighting the giant’: Gig workers around the world are finally organizing

by
Peter Guest
-
rest of world

Gig workers are connecting across borders to challenge platforms’ power and policies

Got Zoom fatigue? Out-of-sync brainwaves could be another reason videoconferencing is such a drag

by
Dr. Julie Boland
-
The Conversation

I was curious about why conversation felt more laborious and awkward over Zoom and other video-conferencing software.

How to Purchase an Applicant Tracking System

by
Dave Zielinski
-
SHRM

Experts say the first step in seeking a new ATS should be to evaluate your existing recruiting processes.

View All Articles

Events

Hire Virtue's Hiring Blitz & Job Fair

Houston, TX
-
to
August 6, 2025
View All Events
Related Articles

From Search to Strategy: Redefining Talent Through Intelligence

Hunt Scanlon Media

June 16, 2025

AI screenings, budget cuts, and burnout: What’s really behind advertising’s hiring disconnect

Kimeko McCoy

June 13, 2025

© 2024 recruiting news network.
all rights reserved.



Categories
Technology
Money
People
TA Ops
Events
Editorial
World
Career Advice
Resources
Diversity & Inclusion
TA Tech Marketplace
Information
AboutContactMedia KitPrivacy Policy
Subscribe to newsletter
