We all know that attracting top talent takes time—and money, but how much is too much? In a competitive recruiting environment, managing the metrics of talent acquisition can help talent leaders identify opportunities for improvement as well as areas of best practice. What metrics really matter and how can you set up manageable methods of tracking, and reporting on, results that resonate with the C-suite?
Key findings from The Economist Intelligence Unit’s (EIU) research into workforce analytics indicate that the use of analytics is definitely on the rise. Why? As stated in the executive summary to the report: “With the acknowledgement that human talent leads to competitive advantage in a knowledge economy, any data analysis that can help organizations to attract, motivate and retain the right people is bound to interest executives.”
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