From hiring, talent retention to managing teams and reducing stress levels of employees – organisations today are using predictive analytics to deal with all these issues. It can be a powerful tool which can help organisations take informed data-driven decisions instead of banking on cut-and-dried resumes and hiring someone purely on ‘gut feel.’
Analytics involve use of techniques from artificial intelligence, statistics, data mining and machine learning to analyse current data to make predictions about the future.
According to Kiran Kumar, founding member and chief sales officer at PeopleStrong, predictive analytics in recruitment can help in better manpower planning as the demand estimate will be more accurate with better quality of candidates as it is easier to identify the critical parameters for a successful hire.
PeopleStrong’s Recruitment Technology (Alt Recruit) is a smart, scalable and one-stop recruitment solution for hiring the top talent. It is not merely an Applicant Tracking System (ATS), rather is AI-enabled, Unified, Intuitive and Intelligent recruitment platform which powers end-to-end hiring processes of 100+ organization across the globe. It is integrated with 50+ candidate sourcing channels, processes over 1 million candidates per year and rolls out 60,000+ joining offers per year.
Get in touch with our recruitment solutions executive to know more about Alt Recruit and how we can manage your Recruitments better.