Seven Ways Companies Can Use Data to Support Their Recruitment Efforts

The recruiting and hiring process is one of the most important aspects of a business, as a single hiring decision can have a major impact on how the rest of the business operates. To make the right decisions during this process, business leaders can collect and analyze data to help them in their efforts.

But once leaders have collected this information, what is it used for? How can they make the most of it not only to hire the right talent, but also to improve the recruiting process as a whole? Here, seven members of the Young Entrepreneur Council discuss ways business leaders can use data to support their recruiting efforts and how it can help them achieve their goals.

1. To filter candidates more efficiently

Data can improve your selection process for recruitment. Companies receive tons of resumes and going through them all can be hectic. Using data from resumes of previously nominated or rejected candidates, you can create a checklist to screen candidates before starting the recruitment process. This would save you time, minimize costs and improve the recruitment process. - Jared Atchison, WPForms

2. To identify the most successful initiatives

Collecting a variety of data points throughout the recruiting process will yield valuable, and sometimes surprising, results. A simple example: We ask all of our applicants, "How did you find us?" This allows us to identify initiatives that have attracted top talent, further refine them, and continue to improve our recruitment pipeline. - Jack Perkins, Chief Financial Officer

3. To determine where to find the best talent

Data can help you in your recruiting efforts by telling you where to find the best talent. This could include data on where your best students went to school, the companies they worked for before, or the skills they have. By understanding this data, you can better target your recruiting efforts and increase your chances of finding top talent. - Syed Balkhi, WPBeginner

4. To speed up the recruitment process

Recruiting isn't just a hectic process for companies: even candidates don't like signing up for endless recruitment campaigns. Data helps you speed up the recruiting process. By using data from your past experiences, you can refine your recruiting process by removing bottlenecks and making automation easier. This minimizes recruitment costs while improving the quality of hires. - Stephanie Wells,