The document outlines a 9-step data-driven talent acquisition process including tools and metrics to optimize each step. It discusses conducting an organizational needs analysis using a skills matrix, getting approval on job requisitions, performing a job analysis, determining selection criteria and methods, searching and attracting candidates using various metrics, running candidates through the selection process, making an offer and calculating the offer acceptance rate, onboarding new hires and tracking time to productivity and cost of getting to optimum productivity level, and finally evaluating the process using various turnover and satisfaction rates. The goal is to make talent acquisition more effective and efficient using data and metrics.
Make your recruitment process transparent using Recruitment Strategy Presentation PowerPoint Presentation Slides. Let the selection process be hassle free and without any nuisance. Identify the job vacancies and their specifications, experience and the skills required for the job with the help of recruitment strategy PPT PowerPoint show. Select, screen and interview the resources from a pool of qualified candidates using recruitment process template. Analyse how many candidates walked in for the interview, their applications, eligibility, qualification, experience, and more with the help of a recruitment tracker PPT slide. Set a budget for a selection and hiring process by adding the salary budget, number of employees to be hired, total recruitment expenses, and more by incorporating the ready-to-use talent acquisition PPT deck. HR managers and recruitment specialists can get access to this content- ready recruitment strategy presentation PowerPoint Presentation slide. Download this professionally designed PPT deck and fill vacancies with qualified candidates. Advise folks to avoid creating clusters with our Recruitment Strategy Presentation PowerPoint Presentation Slides. It helps discourage groupism.
Recruitment And Selection Process PowerPoint Presentation SlidesSlideTeam
This complete deck can be used to present to your team. It has PPT slides on various topics highlighting all the core areas of your business needs. This complete deck focuses on Recruitment And Selection Process PowerPoint Presentation Slides and has professionally designed templates with suitable visuals and appropriate content. This deck consists of total of twenty three slides. All the slides are completely customizable for your convenience. You can change the colour, text and font size of these templates. You can add or delete the content if needed. Get access to this professionally designed complete presentation by clicking the download button below. https://bit.ly/2VygK5b
Make your recruitment process transparent using Recruitment Strategy Presentation PowerPoint Presentation Slides. Let the selection process be hassle free and without any nuisance. Identify the job vacancies and their specifications, experience and the skills required for the job with the help of recruitment strategy PPT PowerPoint show. Select, screen and interview the resources from a pool of qualified candidates using recruitment process template. Analyse how many candidates walked in for the interview, their applications, eligibility, qualification, experience, and more with the help of a recruitment tracker PPT slide. Set a budget for a selection and hiring process by adding the salary budget, number of employees to be hired, total recruitment expenses, and more by incorporating the ready-to-use talent acquisition PPT deck. HR managers and recruitment specialists can get access to this content- ready recruitment strategy presentation PowerPoint Presentation slide. Download this professionally designed PPT deck and fill vacancies with qualified candidates. Advise folks to avoid creating clusters with our Recruitment Strategy Presentation PowerPoint Presentation Slides. It helps discourage groupism.
Recruitment And Selection Process PowerPoint Presentation SlidesSlideTeam
This complete deck can be used to present to your team. It has PPT slides on various topics highlighting all the core areas of your business needs. This complete deck focuses on Recruitment And Selection Process PowerPoint Presentation Slides and has professionally designed templates with suitable visuals and appropriate content. This deck consists of total of twenty three slides. All the slides are completely customizable for your convenience. You can change the colour, text and font size of these templates. You can add or delete the content if needed. Get access to this professionally designed complete presentation by clicking the download button below. https://bit.ly/2VygK5b
HR Process Powerpoint Presentation SlidesSlideTeam
Elucidate the core human resources operations with the help of our professionally crafted HR Process PowerPoint Presentation Slides. Knowing the organization orients operations with objectives, and our HR planning PPT theme helps you demonstrate company background concisely. This employee management PowerPoint template encompasses all the major elements of the human resources department. This recruitment process PPT presentation benefits the HR personnel to illustrate current workforce information and individual employee profile. Our recruitment process PowerPoint theme helps you portray the current vacancies, the hiring process, and sources through stirring visualization tools. Users can conveniently showcase the recruitment budget and recruitment operations through staff management PPT deck’s neat tabular format. Present office rules, and employment benefits as a part of an effective employee onboarding plan using this manpower management PowerPoint template. Use the performance metrics given in this workforce management or create your own and explain performance evaluation criteria and improvement plan. https://bit.ly/3kFgH2Y
Sourcing talent as key recruiting differentiator part 1 A Alexander Crépin
Talent Sourcing is a core part of recruitment. In the War-for-Talent
In the first part you learn about What sourcing is about How to Source data driven.
We use the A STEP model, part of the SAAA data driven recruitment model.
HOW AI IS CHANGING THE WAY YOU RECRUIT AND HIRE TOP TALENTHuman Capital Media
The continuous evolution of technology is changing the way we conduct business. New skills and roles are being introduced into the workforce at a record pace. This means that recruiters are tasked with finding and screening candidates that fit both the current and future needs of the organization, while also considering organizational fit. So how can recruiters continue to thrive in an era of constant change?
This session will provide attendees:
An understanding of how technology is impacting candidates’ expectations of the hiring process
How organizations can identify top talent with advanced, predictive selection assessments
Presenting this set of slides with name - Recruitment Planning Powerpoint Presentation Slides. All slides are completely editable and professionally designed by our team of expert PowerPoint designers. The presentation content covers all areas of Recruitment Planning Powerpoint Presentation Slides and is extensively researched. This ready-to-use deck comprises visually stunning PowerPoint templates, icons, visual designs, data-driven charts and graphs and business diagrams. The deck consists of a total of twenty seven slides. You can customize this presentation as per your branding needs. You can change the font size, font type, colors as per your requirement. Download the presentation, enter your content in the placeholders and present with confidenc
Employee onboarding is the process to introduce new employee to the organization’s environment and culture. It helps the new employee to adopt the company culture and policies and increase work efficiency and productivity of the employee.
For more information visit https://www.hrhelpboard.com/hr-process/onboarding-process.htm
Talent42 Keynote: The Current and Future State of Talent SourcingGlen Cathey
This is the presentation from my closing keynote at the June 2013 Talent42 technical recruiting conference in Seattle, modified to be fully understood from the slides alone. I address the current state of talent sourcing as well as paint a clear picture of what I see to be the future of sourcing talent, including tools and technologies, as well as how sourcing will evolve into a truly strategic function serving as human capital data analysts working in conjunction with data scientists. You will also get a glimpse of "big data" sourcing tools including Dice's Open Web, TalentBin, Entelo and Gild.
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Sourcing talent as key recruiting differentiator part 1 A Alexander Crépin
Talent Sourcing is a core part of recruitment. In the War-for-Talent
In the first part you learn about What sourcing is about How to Source data driven.
We use the A STEP model, part of the SAAA data driven recruitment model.
HOW AI IS CHANGING THE WAY YOU RECRUIT AND HIRE TOP TALENTHuman Capital Media
The continuous evolution of technology is changing the way we conduct business. New skills and roles are being introduced into the workforce at a record pace. This means that recruiters are tasked with finding and screening candidates that fit both the current and future needs of the organization, while also considering organizational fit. So how can recruiters continue to thrive in an era of constant change?
This session will provide attendees:
An understanding of how technology is impacting candidates’ expectations of the hiring process
How organizations can identify top talent with advanced, predictive selection assessments
Presenting this set of slides with name - Recruitment Planning Powerpoint Presentation Slides. All slides are completely editable and professionally designed by our team of expert PowerPoint designers. The presentation content covers all areas of Recruitment Planning Powerpoint Presentation Slides and is extensively researched. This ready-to-use deck comprises visually stunning PowerPoint templates, icons, visual designs, data-driven charts and graphs and business diagrams. The deck consists of a total of twenty seven slides. You can customize this presentation as per your branding needs. You can change the font size, font type, colors as per your requirement. Download the presentation, enter your content in the placeholders and present with confidenc
Employee onboarding is the process to introduce new employee to the organization’s environment and culture. It helps the new employee to adopt the company culture and policies and increase work efficiency and productivity of the employee.
For more information visit https://www.hrhelpboard.com/hr-process/onboarding-process.htm
Talent42 Keynote: The Current and Future State of Talent SourcingGlen Cathey
This is the presentation from my closing keynote at the June 2013 Talent42 technical recruiting conference in Seattle, modified to be fully understood from the slides alone. I address the current state of talent sourcing as well as paint a clear picture of what I see to be the future of sourcing talent, including tools and technologies, as well as how sourcing will evolve into a truly strategic function serving as human capital data analysts working in conjunction with data scientists. You will also get a glimpse of "big data" sourcing tools including Dice's Open Web, TalentBin, Entelo and Gild.
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Educaterer India is an unique combination of passion driven into a hobby which makes an awesome profession. We carve the lives of enthusiastic candidates to a perfect professional who can impress upon the mindsets of the industry, while following the established traditions, can dare to set new standards to follow. We don't want you to be the part of the crowd, rather we like to make you the reason of the crowd.
Today's Effort For A Better Tomorrow
Maintaining a skilled workforce and the best-fit employees is crucial as a business owner striving to meet your objectives and expand. To ensure this is the case, it is important to regularly assess your team's skill sets to determine if current levels align with the requirements for business success and industry standards.
The less aligned your employees' skill sets are, the more likely you'll struggle to meet your desired business objectives. As such, deploying skills gap analysis can be a valuable tool to assess current skill sets and reveal how big the gap is.
By identifying these areas, you can proactively address skill deficiencies and enhance workforce readiness.
In this deck, you'll learn the importance of Skill Gap Analysis in organisational success.
You'll also learn
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• Modern applications of the Skill Gap Analysis tool.
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What differentiates ‘HR Metrics that Matter’ with other nice to have HR metrics?
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Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...John Andrews
SlideShare Description for "Chatty Kathy - UNC Bootcamp Final Project Presentation"
Title: Chatty Kathy: Enhancing Physical Activity Among Older Adults
Description:
Discover how Chatty Kathy, an innovative project developed at the UNC Bootcamp, aims to tackle the challenge of low physical activity among older adults. Our AI-driven solution uses peer interaction to boost and sustain exercise levels, significantly improving health outcomes. This presentation covers our problem statement, the rationale behind Chatty Kathy, synthetic data and persona creation, model performance metrics, a visual demonstration of the project, and potential future developments. Join us for an insightful Q&A session to explore the potential of this groundbreaking project.
Project Team: Jay Requarth, Jana Avery, John Andrews, Dr. Dick Davis II, Nee Buntoum, Nam Yeongjin & Mat Nicholas
06-04-2024 - NYC Tech Week - Discussion on Vector Databases, Unstructured Data and AI
Discussion on Vector Databases, Unstructured Data and AI
https://www.meetup.com/unstructured-data-meetup-new-york/
This meetup is for people working in unstructured data. Speakers will come present about related topics such as vector databases, LLMs, and managing data at scale. The intended audience of this group includes roles like machine learning engineers, data scientists, data engineers, software engineers, and PMs.This meetup was formerly Milvus Meetup, and is sponsored by Zilliz maintainers of Milvus.
Quantitative Data AnalysisReliability Analysis (Cronbach Alpha) Common Method...2023240532
Quantitative data Analysis
Overview
Reliability Analysis (Cronbach Alpha)
Common Method Bias (Harman Single Factor Test)
Frequency Analysis (Demographic)
Descriptive Analysis
Techniques to optimize the pagerank algorithm usually fall in two categories. One is to try reducing the work per iteration, and the other is to try reducing the number of iterations. These goals are often at odds with one another. Skipping computation on vertices which have already converged has the potential to save iteration time. Skipping in-identical vertices, with the same in-links, helps reduce duplicate computations and thus could help reduce iteration time. Road networks often have chains which can be short-circuited before pagerank computation to improve performance. Final ranks of chain nodes can be easily calculated. This could reduce both the iteration time, and the number of iterations. If a graph has no dangling nodes, pagerank of each strongly connected component can be computed in topological order. This could help reduce the iteration time, no. of iterations, and also enable multi-iteration concurrency in pagerank computation. The combination of all of the above methods is the STICD algorithm. [sticd] For dynamic graphs, unchanged components whose ranks are unaffected can be skipped altogether.
2. ● 6. Selection process
Metric: Yield ratio
Page 12
● 7.Making the decision
Metric: Offer acceptance rate
Page 13
● 8. Onboarding
Metrics: Time to productivity, cost of
getting to Optimum Productivity Level
Page 14
● 9. Evaluation
Metrics: First month turnover rate, first
year turnover rate, first year resignation
rate, hiring manager satisfaction
Page 16
THE DATA-DRIVEN
TALENT ACQUISITION PROCESS
● 1. Organizational needs analysis
Tool: Skills matrix
Page 4
● 2. Job requisition approval
Page 7
● 3. Vacancy intake
Tool: Job analysis
Page 8
● 4. Selection criteria & methods
Data: Selection method effectiveness
Page 10
● 5. Searching & attracting
Metrics: Application completion rate,
sourcing channel effectiveness, sourcing
channel cost
Page 11
2
3. INTRODUCTION
Bad hires are always costly. And with organizations
facing unprecedented challenges, there is no room for
errors.
So how do you win the war for talent and find the
right people to help your organization hit its
strategic goals?
In this guide, we'll share the 9-step talent acquisition
process, including the tools, data and metrics you
need to optimize it for your organization.
Because talent acquisition is an art and a (data)
science.
Let's get started!
Replacing a bad hire
costs 33%
of their annual salary.
And that's not even touching on
the indirect costs, such as lost
opportunities and productivity.
3
4. The organizational needs analysis is the foundation of
your recruitment strategy. During the needs analysis,
you combine your organization's mission, vision, goals
and values, as well as the (new) skills you want to add
to a team.
Unless there is a good fit both in terms of culture and
skills, your new hire could end up adding to your
1-year turnover rate (find more information about
this metric on page 16).
STEP 1
ORGANIZATIONAL
NEEDS ANALYSIS
Map existing skills with a skills matrix
With a strong employer brand, you probably already
have a good idea of what is needed for a good culture
fit. However, if you're not 100% sure which skills should
be included in the job requisition, creating a skills
matrix can help.
A skills matrix lets you visualize the skills required,
available, and missing in a team. Turn to the next page to
find out how to create a skills matrix in 4 steps.
4
5. 1: Define the relevant skills
Analyze the team you're hiring for. Make a list of the
skills and competencies needed for the team to
achieve its goals.
TOOL
SKILLS MATRIX
2: Assess team members on current
skill levels
The key is to do this on a numerical scale so that the
results are easy to understand and compare. For
example, you could use this four-point scale:
● No capability
● Basic level of capability
● Intermediate level of capability
● Advanced level of capability
You can ask members of the team you're hiring for to
assess their own skills, but this isn't always reliable: a
360-degree feedback tool will provide better insight.
5
6. 3: Determine team members'
interest in tasks
If one of the team members is not interested in the
work they're good at, your skill matrix may show that
a competency is present in the team.
However, if the person is unwilling to perform the
task, you will still hit a dead end. This is why it is
important to include interest, which you can measure
as interested (1) or not interested (0).
TOOL
SKILLS MATRIX
4: Incorporate this information into
the skills matrix
You now have all the information you need to create a
skills matrix visualizing skills gaps within the team.
For skills matrix templates and more information
about the process, visit the Analytics in HR blog.
6
7. This is the starting point of the recruitment process.
The job requisition often takes the form of a
document containing essential information about the
job. This is then presented for approval to the direct
manager and relevant director or VP.
It usually covers (among other things):
● Why the position is needed
● Whether it is a new or existing position
● Hiring manager
● Job duties
● Pay and budget
STEP 2
GET SIGN-OFF ON
THE JOB REQUISITION
Use the requisition as a data source
The job requisition form is often built into your
Applicant Tracking System (ATS) or Human Resource
Information System (HRIS). An important benefit of
digitized job requisition forms is that they can be
excellent input for data-driven decision making using
metrics and analytics.
7
8. STEP 3
THE
VACANCY INTAKE
This is the most important step in the entire talent
acquisition process. Here you conduct a job analysis
to collect all the information you need to make a good
hire.
Unfortunately, a thorough analysis takes time and
may delay the recruiting timeline. But is making such
a potentially expensive decision without the right
information worth the time you save by skipping it?
8
9. "Without data, you're just another person with an
opinion." This W. Edwards Deming quote is a favorite
at AIHR. But it's not just a case of having enough
information. You need the right information. So what
should a job analysis include?
TOOL
THE JOB ANALYSIS
● The job description including all required skills
(see the skills matrix), competencies, and daily
activities for the job.
● The person specification describing the
qualifications, skills, experience and knowledge,
and any other selection criteria that are
relevant to your organization. Make sure to
differentiate between must-haves and
nice-to-haves. Using this information, you can
create a candidate persona.
● The competency framework listing the
required competencies for the job. This helps
create the person specification, and forms the
basis for the new hire's performance appraisal.
9
10. There are several factors that play a role in
determining the selection criteria and methods. The
vacancy intake plays a large role in determining the
selection method. The function is also a key factor: a
general mental ability (GMA) test, structured
interviews and work sample tests will probably be
enough to select a junior accountant, but a
completely different approach is needed to select a
CFO.
STEP 4
SELECTION CRITERIA
AND METHODS How effective are selection methods?
This has long been a subject of study. Here are the top
10 methods that are best able to predict good overall
job performance, based on 85 years of research.
1. Work sample tests
2. GMA tests
3. Employment interviews (structured)
4. Peer ratings
5. Job knowledge tests
6. Job tryout procedures
7. Integrity tests
8. Employment interviews (unstructured)
9. Assessment centers
10. Biographical data measures
10
11. You now have all the information you need, and you
know which methods you're going to use. That means
it's time for the most visible and recognized part of
the talent acquisition process: searching for
candidates. Use the information gathered during the
previous steps (and if present, your own historical
data) to determine which mix of channels is the best
fit for the vacancy.
Measuring channel effectiveness
What worked last year might prove ineffective in the
current, completely different job market. Avoid
investing resources in an approach that doesn't work
(anymore) with these metrics.
STEP 5
SEARCHING & ATTRACTING
Application Completion Rate
Number of completed applications
Total number of applications started
Sourcing Channel Effectiveness
Total number of impressions of the channel
Number of applications of the channel
Sourcing Channel Cost
Advertisement spending per channel
Number of successful applicants per platform
11
12. STEP 6
THE
SELECTION PROCESS
Once candidates start applying, it's time to start using
your chosen selection methods. This part of the talent
acquisition process includes pre-selection and
traditional interviews, but also background checks,
credit checks, and more.
Yield Ratio
Are the right candidates entering the selection
process? Calculating the yield ratio is a simple
way to find out.
Number of hirable candidates resulting from stage N
Total number of candidates who entered stage N
12
13. If all has gone according to plan, you are now ready to
select an excellent candidate and make them an offer.
Consider the talent acquired! But this isn't where the
talent acquisition process ends.
Offer acceptance rate
Unfortunately, not all offers will be accepted, even
after negotiations. You can keep track of your
performance in this area with the offer acceptance
rate metric. A low acceptance rate often indicates
compensation problems, which can be avoided by
discussing pay earlier in the recruitment process.
STEP 7
MAKING THE DECISION
Offer Acceptance Rate
Number of offers accepted
Number of offers made
For example: if 72 offers are accepted out of a
total of 278, the Offer Acceptance Rate would
be 72/278 = 0.26 (26%).
13
14. The next step is onboarding the new hire. Plenty has
been written about why this is so important, so we won't
dive into that. What we will say is that a 30-60-90 day
plan is a great tool for this. You can create it based on
the vacancy intake, and it helps in two ways. Firstly, it
lets the manager clearly express their expectations.
Secondly, it lets the candidate know what is expected of
them, creating a structured onboarding process.
STEP 8
ONBOARDING
Time to Productivity
Time to productivity is how long it takes to get
new hires up to speed and productive. It is the
time between the first day of hiring and the
point where the employee fully contributes to
the organization.
Continue reading on the next page >
14
15. Cost of Getting to Optimum
Productivity Level (OPL)
This measures the costs of getting the
employee fully up to speed. The metric
combines onboarding costs, training costs, the
costs of supervisors and co-workers involved in
on-the-job training, and anything else arranged
to get the new hire up to speed. Usually, a
percentage of the employee's salary is also
included in this calculation, until they hit 100%
OPL.
This, combined with the 33% annual salary cost
mentioned earlier, emphasizes why a sound
talent acquisition process is essential.
15
16. This is a great opportunity to check back in with
the candidate. Ask if the job and organization
match expectations. If a mismatch happens
structurally, it can indicate a problem with
communication, or that managers aren't fully
aware of what recruiters are promising.
More Talent Acquisition Metrics
The Talent Acquisition process is complete, but
that doesn't mean you should stop tracking data.
Even after your new hire is at Optimum
Productivity Level, there are insights that can help
you improve your recruiting.
STEP 9
EVALUATION
First Month Turnover Rate
Employees who left the organization within 1 month
Total number of hires
First Year Turnover Rate
Employees who left the organization within 1 year
Total number of hires
First Year Resignation Rate
Employees who left the organization within 1 year
Headcount
Hiring Manager Satisfaction
Number of hires who perform well
Total number of hires
Please note: the turnover rates listed here should
be 0. Any higher percentage indicates a bad fit
between the hire and the organization.
16
17. TALENT ACQUISITION
CERTIFICATE
Become a Talent Acquisition specialist
The Talent Acquisition Certificate Program helps you develop
the comprehensive skills set you need to create end-to-end
candidate-centric recruitment funnels.
Type Online self-paced learning
Duration 40 hours
Structure 6 courses + capstone project
Digital certificate upon completion (including LI token)
Eligible for HRCI, SHRM & HRPA credits
Succeed as a recruiter in the digital era
Learn more